Belarus: Frozen Fish Fillet Market 2025

Frozen Fish Fillet Market Size in Belarus

After three years of growth, the Belarusian frozen fish fillet market decreased by -72.9% to $X in 2022. Over the period under review, consumption continues to indicate a deep downturn. Frozen fish fillet consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Frozen Fish Fillet Exports

Exports from Belarus

In 2022, overseas shipments of frozen fish fillet increased by 1% to X tons, rising for the fifth year in a row after four years of decline. Over the period under review, exports, however, saw a drastic downturn. The growth pace was the most rapid in 2013 when exports increased by 573% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, frozen fish fillet exports fell remarkably to $X in 2022. In general, exports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2019 when exports increased by 397%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Russia (X tons) was the main destination for frozen fish fillet exports from Belarus, with a 87% share of total exports. Moreover, frozen fish fillet exports to Russia exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia amounted to -7.5%.

In value terms, Russia ($X) remains the key foreign market for frozen fish fillet exports from Belarus, comprising 88% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 12% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia totaled -8.2%.

Export Prices by Country

In 2022, the average frozen fish fillet export price amounted to $X per ton, which is down by -26.8% against the previous year. Over the period under review, the export price showed a mild slump. The pace of growth appeared the most rapid in 2018 when the average export price increased by 48%. Over the period under review, the average export prices attained the maximum at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to the United Arab Emirates totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-0.8%).

Frozen Fish Fillet Imports

Imports into Belarus

After six years of growth, overseas purchases of frozen fish fillet decreased by -71.8% to X tons in 2022. Over the period under review, imports recorded a abrupt slump. The pace of growth appeared the most rapid in 2013 with an increase of 26% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then fell remarkably in the following year.

In value terms, frozen fish fillet imports plummeted to $X in 2022. In general, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2013 with an increase of 23% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Norway (X tons) constituted the largest frozen fish fillet supplier to Belarus, with a 63% share of total imports. Moreover, frozen fish fillet imports from Norway exceeded the figures recorded by the second-largest supplier, Iceland (X tons), threefold. Russia (X tons) ranked third in terms of total imports with a 9.4% share.

From 2012 to 2022, the average annual growth rate of volume from Norway amounted to -4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Iceland (-12.0% per year) and Russia (+25.5% per year).

In value terms, Norway ($X) constituted the largest supplier of frozen fish fillet to Belarus, comprising 54% of total imports. The second position in the ranking was held by Iceland ($X), with an 18% share of total imports. It was followed by Russia, with a 16% share.

From 2012 to 2022, the average annual growth rate of value from Norway stood at -9.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Iceland (-16.6% per year) and Russia (+18.7% per year).

Import Prices by Country

The average frozen fish fillet import price stood at $X per ton in 2022, reducing by -2.5% against the previous year. Overall, the import price recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2021 when the average import price increased by 10%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($X per ton), while the price for Norway ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+2.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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