Central Asia: Frozen Freshwater Fish Market 2025

Frozen Freshwater Fish Market Size in Central Asia

The Central Asian frozen freshwater fish market declined to $X in 2021, shrinking by -10.3% against the previous year. The total consumption indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +2.4% against 2019 indices. Over the period under review, the market hit record highs at $X in 2020, and then declined in the following year.

Frozen Freshwater Fish Production in Central Asia

In value terms, frozen freshwater fish production declined to $X in 2021 estimated in export price. The total production indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +2.5% 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 +7.7% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of 53%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Frozen Freshwater Fish Exports

Exports in Central Asia

Frozen freshwater fish exports expanded sharply to X tons in 2021, surging by 11% compared with the previous year's figure. In general, exports showed a prominent increase. The pace of growth appeared the most rapid in 2014 when exports increased by 70%. The volume of export peaked in 2021 and is likely to see steady growth in the immediate term.

In value terms, frozen freshwater fish exports soared to $X in 2021. Total exports indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Kazakhstan dominates exports structure, finishing at X tons, which was near 97% of total exports in 2021. Kyrgyzstan (X tons) held a little share of total exports.

Exports from Kazakhstan increased at an average annual rate of +11.6% from 2012 to 2021. At the same time, Kyrgyzstan (+63.9%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +63.9% from 2012-2021. While the share of Kyrgyzstan (+1.8 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Kazakhstan (-2.3 p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) remains the largest frozen freshwater fish supplier in Central Asia, comprising 87% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a 9% share of total exports.

In Kazakhstan, frozen freshwater fish exports increased at an average annual rate of +3.2% over the period from 2012-2021.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2021, picking up by 35% against the previous year. Over the period under review, the export price, however, showed a drastic downturn. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Kyrgyzstan ($X per ton), while Kazakhstan stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+73.9%).

Frozen Freshwater Fish Imports

Imports in Central Asia

Frozen freshwater fish imports amounted to X tons in 2021, increasing by 4.1% against the previous year's figure. Over the period under review, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of 82% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in years to come.

In value terms, frozen freshwater fish imports skyrocketed to $X in 2021. Overall, imports recorded resilient growth. The most prominent rate of growth was recorded in 2017 when imports increased by 57%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

Imports by Country

Kazakhstan (X tons) and Uzbekistan (X tons) prevails in imports structure, together constituting 88% of total imports. It was distantly followed by Kyrgyzstan (X tons), creating a 4.8% share of total imports. Tajikistan (X tons) and Mongolia (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Mongolia (with a CAGR of +18.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X), Uzbekistan ($X) and Kyrgyzstan ($X) were the countries with the highest levels of imports in 2021, together accounting for 91% of total imports.

In terms of the main importing countries, Uzbekistan, with a CAGR of +38.2%, recorded the highest rates of growth with regard to 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 import price in Central Asia stood at $X per ton in 2021, picking up by 28% against the previous year. Import price indicated a moderate expansion from 2012 to 2021: its price increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, frozen freshwater fish import price increased by +69.0% against 2018 indices. The most prominent rate of growth was recorded in 2016 when the import price increased by 30% against the previous year. The level of import peaked in 2021 and is likely to see gradual growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Tajikistan ($X per ton) and Kyrgyzstan ($X per ton), while Uzbekistan ($X per ton) and Kazakhstan ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+24.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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