Eastern Europe: Preserved Salmon Market 2024

Preserved Salmon Market Size in Eastern Europe

The East European preserved salmon market rose to $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Preserved Salmon Production in Eastern Europe

In value terms, preserved salmon production rose slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Preserved Salmon Exports

Exports in Eastern Europe

In 2022, shipments abroad of salmon (prepared or preserved) decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons, and then contracted in the following year.

In value terms, preserved salmon exports shrank to $X in 2022. Over the period under review, exports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The level of export peaked at $X in 2021, and then contracted in the following year.

Exports by Country

Poland was the key exporter of salmon (prepared or preserved) in Eastern Europe, with the volume of exports reaching X tons, which was approx. X% of total exports in 2022. It was distantly followed by Latvia (X tons), constituting a X% share of total exports. The following exporters - the Czech Republic (X tons) and Estonia (X tons) - each recorded a X% share of total exports.

Exports from Poland increased at an average annual rate of X% from 2012 to 2022. At the same time, the Czech Republic (X%), Latvia (X%) and Estonia (X%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Poland increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest preserved salmon supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Latvia ($X), with a X% share of total exports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Poland totaled X%. In the other countries, the average annual rates were as follows: Latvia (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, almost unchanged from the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of X%. The level of export peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while Latvia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (X%), while the other leaders experienced mixed trends in the export price figures.

Preserved Salmon Imports

Imports in Eastern Europe

In 2022, after three years of growth, there was decline in overseas purchases of salmon (prepared or preserved), when their volume decreased by X% to X tons. In general, imports, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then shrank in the following year.

In value terms, preserved salmon imports declined markedly to $X in 2022. Overall, imports, however, showed a resilient increase. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then contracted sharply in the following year.

Imports by Country

Latvia (X tons) and Ukraine (X tons) represented roughly X% of total imports in 2022. It was distantly followed by the Czech Republic (X tons), Slovakia (X tons) and Romania (X tons), together mixing up a X% share of total imports. The following importers - Hungary (X tons) and Poland (X tons) - each recorded an X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Ukraine (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest preserved salmon importing markets in Eastern Europe were Slovakia ($X), the Czech Republic ($X) and Romania ($X), with a combined X% share of total imports. Latvia, Ukraine, Poland and Hungary lagged somewhat behind, together comprising a further X%.

Ukraine, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. As a result, import price reached the peak level of $X per ton, and then fell remarkably in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Slovakia ($X per ton), while Latvia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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