Report Update Nov 1, 2024

Belarus - Frozen Whole Fish - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: Frozen Whole Fish Market 2024

Frozen Whole Fish Market Size in Belarus

In 2021, the Belarusian frozen whole fish market increased by 13% to $X, rising for the second consecutive year after two years of decline. In general, consumption showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Frozen Whole Fish Exports

Exports from Belarus

In 2021, overseas shipments of frozen whole fish increased by 123% to X tons, rising for the second year in a row after two years of decline. In general, exports recorded a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of 134% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, frozen whole fish exports surged to $X in 2021. Overall, exports recorded a buoyant increase. The most prominent rate of growth was recorded in 2017 when exports increased by 142%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for frozen whole fish exports from Belarus, with a approx. 98% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia stood at +12.3%.

In value terms, Russia ($X) also remains the key foreign market for frozen whole fish exports from Belarus.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia stood at +7.3%.

Export Prices by Country

In 2021, the average frozen whole fish export price amounted to $X per ton, approximately equating the previous year. Over the period under review, the export price recorded a noticeable contraction. The growth pace was the most rapid in 2018 an increase of 39% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

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 -4.4% per year.

Frozen Whole Fish Imports

Imports into Belarus

In 2021, supplies from abroad of frozen whole fish increased by 14% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of +1.9% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of 17%. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, frozen whole fish imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +1.5% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when imports increased by 23% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Russia (X tons) constituted the largest frozen whole fish supplier to Belarus, with a 36% share of total imports. Moreover, frozen whole fish imports from Russia exceeded the figures recorded by the second-largest supplier, Norway (X tons), threefold. The third position in this ranking was held by Iceland (X tons), with a 9.3% share.

From 2012 to 2021, the average annual growth rate of volume from Russia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (-3.8% per year) and Iceland (-1.7% per year).

In value terms, Russia ($X), Norway ($X) and Iceland ($X) were the largest frozen whole fish suppliers to Belarus, together comprising 56% of total imports. These countries were followed by Faroe Islands, Canada, the UK, Finland, Estonia and Latvia, which together accounted for a further 29%.

Finland, with a CAGR of +49.3%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average frozen whole fish import price amounted to $X per ton, rising by 4.2% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 12%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Iceland ($X per ton), while the price for Latvia ($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 (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen whole fish in the world?

China constituted the country with the largest volume of frozen whole fish consumption, comprising approx. 42% of total volume. Moreover, frozen whole fish consumption in China exceeded the figures recorded by the second-largest consumer, Russia, sixfold. Thailand ranked third in terms of total consumption with a 6.1% share.

What are the largest producers of frozen whole fish in the world?

China constituted the country with the largest volume of frozen whole fish production, comprising approx. 41% of total volume. Moreover, frozen whole fish production in China exceeded the figures recorded by the second-largest producer, Russia, fourfold. Japan ranked third in terms of total production with a 4.6% share.

What are the leading suppliers of frozen whole fish to Belarus?

In value terms, the largest frozen whole fish suppliers to Belarus were Russia, Norway and Iceland, with a combined 56% share of total imports. These countries were followed by Faroe Islands, Canada, Finland and Estonia, which together accounted for a further 22%.

What are the leading importers of frozen whole fish from Belarus?

In value terms, Russia remains the key foreign market for frozen whole fish exports from Belarus.

What is the average export price for frozen whole fish in Belarus?

The average frozen whole fish export price stood at $2,507 per ton in 2021, with a decrease of -1.9% against the previous year.

What is the average import price for frozen whole fish in Belarus?

The average frozen whole fish import price stood at $1,763 per ton in 2021, growing by 4.1% against the previous year.

This report provides an in-depth analysis of the frozen whole fish market in Belarus. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10201330 - Frozen whole salt water fish
Prodcom 10201360 - Frozen whole fresh water fish
Prodcom 10201600 - Frozen fish livers and roes

Country coverage:

Belarus

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Belarus
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023