Slovakia: Frozen Fish Fillet Market 2022

Frozen Fish Fillet Market Size in Slovakia

The Slovak frozen fish fillet market surged to $X in 2021, picking up by X% against the previous year. The market value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Frozen Fish Fillet Production in Slovakia

In value terms, frozen fish fillet production expanded rapidly to $X in 2021 estimated in export price. Over the period under review, production showed a abrupt shrinkage. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Frozen Fish Fillet Exports

Exports from Slovakia

In 2021, overseas shipments of frozen fish fillet increased by X% to X tons, rising for the fifth year in a row after three years of decline. In general, total exports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to see gradual growth in the near future.

In value terms, frozen fish fillet exports skyrocketed to $X in 2021. Overall, exports posted strong growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Hungary (X tons) was the main destination for frozen fish fillet exports from Slovakia, with a X% share of total exports. Moreover, frozen fish fillet exports to Hungary exceeded the volume sent to the second major destination, the Czech Republic (X tons), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Hungary amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+X% per year) and Croatia (-X% per year).

In value terms, Hungary ($X) remains the key foreign market for frozen fish fillet exports from Slovakia, comprising X% of total exports. The second position in the ranking was occupied by the Czech Republic ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Hungary amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (-X% per year) and Croatia (-X% per year).

Export Prices by Country

The average frozen fish fillet export price stood at $X per ton in 2021, surging by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Hungary ($X per ton), while the average price for exports to Croatia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+X%), while the prices for the other major destinations experienced a decline.

Frozen Fish Fillet Imports

Imports into Slovakia

In 2021, imports of frozen fish fillet into Slovakia surged to X tons, jumping by X% against the previous year's figure. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, frozen fish fillet imports skyrocketed to $X in 2021. Overall, total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, the Czech Republic (X tons) constituted the largest supplier of frozen fish fillet to Slovakia, with a X% share of total imports. Moreover, frozen fish fillet imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The United States (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual growth rate of volume from the Czech Republic amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and the United States (-X% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of frozen fish fillet to Slovakia, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2021, the average annual growth rate of value from the Czech Republic stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and the United States (-X% per year).

Import Prices by Country

The average frozen fish fillet import price stood at $X per ton in 2021, flattening at the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by the country of origin: the country with the highest price was the Czech Republic ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform