Belarus: Market for Frozen Atlantic Salmon And Danube Salmon 2022

Market Size for Frozen Atlantic Salmon And Danube Salmon in Belarus

The Belarusian market for frozen atlantic salmon and danube salmon was finally on the rise to reach $X in 2021, after four years of decline. In general, consumption, however, continues to indicate a abrupt descent. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Exports of Frozen Atlantic Salmon And Danube Salmon

Exports from Belarus

In 2021, the amount of frozen atlantic salmon and danube salmon exported from Belarus soared to X tons, rising by X% on 2020 figures. Overall, exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of frozen atlantic salmon and danube salmon contracted rapidly to $X in 2021. Over the period under review, exports enjoyed a prominent increase. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports of remained at a lower figure.

Exports by Country

Russia (X tons) was the main destination for exports of frozen atlantic salmon and danube salmon from Belarus, accounting for a approx. X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Russia amounted to +X%.

In value terms, Russia ($X) also remains the key foreign market for frozen atlantic salmon and danube salmon exports from Belarus.

From 2012 to 2021, the average annual growth rate of value to Russia stood at +X%.

Export Prices by Country

The average export price for frozen atlantic salmon and danube salmon stood at $X per ton in 2021, dropping by -X% against the previous year. Overall, the export price, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2017 an increase of X%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to +X% per year.

Imports of Frozen Atlantic Salmon And Danube Salmon

Imports into Belarus

In 2021, supplies from abroad of frozen atlantic salmon and danube salmon increased by X% to X tons for the first time since 2015, thus ending a five-year declining trend. In general, imports, however, saw a deep setback. The pace of growth appeared the most rapid in 2013 with an increase of X%. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, imports of frozen atlantic salmon and danube salmon expanded markedly to $X in 2021. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Over the period under review, imports of reached the peak figure at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

Estonia (X tons), Chile (X tons) and Russia (X tons) were the main suppliers of imports of frozen atlantic salmon and danube salmon to Belarus, with a combined X% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), Estonia ($X) and Russia ($X) constituted the largest frozen atlantic salmon and danube salmon suppliers to Belarus, with a combined X% share of total imports.

In terms of the main suppliers, Russia, with a CAGR of +X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for frozen atlantic salmon and danube salmon stood at $X per ton in 2021, dropping by -X% against the previous year. Overall, the import price, however, showed a buoyant increase. The growth pace was the most rapid in 2018 an increase of X%. The import price peaked at $X per ton in 2020, and then contracted markedly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Norway ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :