Report Update Nov 1, 2024

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

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Belarus: Preserved Salmon Market 2024

Preserved Salmon Market Size in Belarus

The Belarusian preserved salmon market expanded modestly to $X in 2021, rising by 2.7% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Preserved salmon consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Preserved Salmon Production in Belarus

In value terms, preserved salmon production amounted to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 27% against the previous year. Preserved salmon production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Preserved Salmon Exports

Exports from Belarus

In 2021, shipments abroad of salmon (prepared or preserved) decreased by -21.3% to X tons, falling for the fifth consecutive year after three years of growth. Over the period under review, exports recorded a noticeable decline. The most prominent rate of growth was recorded in 2016 with an increase of 756% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, preserved salmon exports shrank markedly to $X in 2021. In general, exports, however, saw pronounced growth. The growth pace was the most rapid in 2016 when exports increased by 868% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Israel (X kg), Kazakhstan (X kg) and Qatar (X kg) were the main destinations of preserved salmon exports from Belarus, with a combined 87% share of total exports. Russia and Singapore lagged somewhat behind, together comprising a further 9.6%.

From 2012 to 2021, the biggest increases were recorded for Singapore (with a CAGR of +237.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Israel ($X), Qatar ($X) and Kazakhstan ($X) appeared to be the largest markets for preserved salmon exported from Belarus worldwide, together comprising 87% of total exports. Russia and Singapore lagged somewhat behind, together accounting for a further 8.4%.

Singapore, with a CAGR of +218.8%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average preserved salmon export price stood at $X per ton in 2021, almost unchanged from the previous year. Overall, the export price showed a buoyant expansion. The pace of growth was the most pronounced in 2018 an increase of 72% against the previous year. The export price peaked in 2021 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Russia ($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 Kazakhstan (+24.6%), while the prices for the other major destinations experienced mixed trend patterns.

Preserved Salmon Imports

Imports into Belarus

In 2021, imports of salmon (prepared or preserved) into Belarus soared to X tons, with an increase of 48% compared with 2020. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2019 when imports increased by 149%. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, preserved salmon imports skyrocketed to $X in 2021. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2015 when imports increased by 156%. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Russia (X tons) was the main supplier of preserved salmon to Belarus, with a 98% share of total imports. It was followed by Latvia (X kg), with a 1.5% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Russia totaled +33.9%.

In value terms, Russia ($X) constituted the largest supplier of salmon (prepared or preserved) to Belarus, comprising 98% of total imports. The second position in the ranking was taken by Latvia ($X), with a 1.9% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia totaled +33.1%.

Import Prices by Country

The average preserved salmon import price stood at $X per ton in 2021, dropping by -4.9% against the previous year. Overall, the import price recorded a pronounced decrease. The pace of growth was the most pronounced in 2016 when the average import price increased by 6.8%. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Latvia ($X per ton), while the price for Russia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (-0.6%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

Norway constituted the country with the largest volume of preserved salmon consumption, accounting for 60% of total volume. Moreover, preserved salmon consumption in Norway exceeded the figures recorded by the second-largest consumer, China, eightfold. The third position in this ranking was occupied by the United States, with a 4% share.

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

Norway remains the largest preserved salmon producing country worldwide, comprising approx. 61% of total volume. Moreover, preserved salmon production in Norway exceeded the figures recorded by the second-largest producer, China, eightfold. The United States ranked third in terms of total production with a 4.3% share.

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

In value terms, Russia constituted the largest supplier of preserved salmon to Belarus, comprising 98% of total imports. The second position in the ranking was occupied by Latvia, with a 1.9% share of total imports.

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

In value terms, Kazakhstan emerged as the key foreign market for preserved salmon exports from Belarus, comprising 76% of total exports. The second position in the ranking was occupied by Russia, with a 24% share of total exports.

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

The average preserved salmon export price stood at $8,155 per ton in 2021, jumping by 30% against the previous year.

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

In 2021, the average preserved salmon import price amounted to $3,030 per ton, which is down by -4.9% against the previous year.

This report provides an in-depth analysis of the preserved salmon 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 10202510 - Prepared or preserved salmon, 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
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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