Report Update Nov 1, 2024

Belarus - Herrings (Prepared or Preserved) - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Belarus: Preserved Herring Market 2024

Preserved Herring Market Size in Belarus

The Belarusian preserved herring market dropped notably to $X in 2021, with a decrease of -66.6% against the previous year. Overall, consumption continues to indicate a drastic downturn. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Preserved Herring Production in Belarus

In value terms, preserved herring production contracted slightly to $X in 2021 estimated in export price. In general, the total production indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +3.8% against 2017 indices. The pace of growth appeared the most rapid in 2016 with an increase of 29% against the previous year. Preserved herring production peaked at $X in 2020, and then shrank modestly in the following year.

Preserved Herring Exports

Exports from Belarus

For the sixth year in a row, Belarus recorded growth in overseas shipments of herrings (prepared or preserved), which increased by 18% to X tons in 2021. Over the period under review, exports enjoyed a buoyant expansion. The growth pace was the most rapid in 2016 when exports increased by 31%. The exports peaked in 2021 and are likely to continue growth in the near future.

In value terms, preserved herring exports surged to $X in 2021. Overall, exports posted a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for preserved herring exports from Belarus, with a 85% share of total exports. Moreover, preserved herring exports to Russia exceeded the volume sent to the second major destination, Ukraine (X tons), more than tenfold. The third position in this ranking was taken by Lithuania (X tons), with a 2.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia stood at +12.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (-0.0% per year) and Lithuania (+37.8% per year).

In value terms, Russia ($X) remains the key foreign market for herrings (prepared or preserved) exports from Belarus, comprising 84% of total exports. The second position in the ranking was taken by Ukraine ($X), with a 4.6% share of total exports. It was followed by Israel, with a 2.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia amounted to +9.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (-2.6% per year) and Israel (+67.6% per year).

Export Prices by Country

In 2021, the average preserved herring export price amounted to $X per ton, surging by 7.4% against the previous year. Over the period under review, the export price, however, recorded a noticeable slump. The most prominent rate of growth was recorded in 2017 an increase of 16%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2021, amid the top suppliers, the countries with the highest prices were the United States ($X per ton) and Israel ($X per ton), while the average price for exports to Lithuania ($X per ton) and Russia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-1.8%), while the prices for the other major destinations experienced a decline.

Preserved Herring Imports

Imports into Belarus

In 2021, purchases abroad of herrings (prepared or preserved) decreased by -30.8% to X tons, falling for the second consecutive year after three years of growth. Overall, imports, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2014 with an increase of 42%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, preserved herring imports shrank dramatically to $X in 2021. In general, imports, however, saw perceptible growth. The pace of growth appeared the most rapid in 2017 with an increase of 45% against the previous year. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Russia (X tons) was the main supplier of preserved herring to Belarus, with a approx. 98% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Russia amounted to +8.7%.

In value terms, Russia ($X) constituted the largest supplier of herrings (prepared or preserved) to Belarus.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia stood at +5.0%.

Import Prices by Country

In 2021, the average preserved herring import price amounted to $X per ton, rising by 21% against the previous year. Overall, the import price, however, saw a noticeable shrinkage. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

As there is only one major supplying country, 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 -3.4% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for herrings (prepared or preserved) in the world?

The country with the largest volume of preserved herring consumption was China, comprising approx. 18% of total volume. Moreover, preserved herring consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with a 6.3% share.

What are the largest producers of herrings (prepared or preserved) in the world?

The country with the largest volume of preserved herring production was China, accounting for 18% of total volume. Moreover, preserved herring production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by the United States, with a 6% share.

What are the leading suppliers of herrings (prepared or preserved) to Belarus?

In value terms, Russia constituted the largest supplier of preserved herring to Belarus.

What are the leading importers of herrings (prepared or preserved) from Belarus?

In value terms, Russia remains the key foreign market for preserved herring exports from Belarus, comprising 86% of total exports. The second position in the ranking was occupied by Ukraine, with a 4.7% share of total exports. It was followed by Lithuania, with a 2.2% share.

What is the average export price for herrings (prepared or preserved) in Belarus?

The average preserved herring export price stood at $3,131 per ton in 2021, growing by 7.4% against the previous year.

What is the average import price for herrings (prepared or preserved) in Belarus?

In 2021, the average preserved herring import price amounted to $2,211 per ton, increasing by 21% against the previous year.

This report provides an in-depth analysis of the preserved herring 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 10202520 - Prepared or preserved herrings, whole or in pieces (excluding minced products and prepared meals and dishes)

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