CIS: Market for Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs 2025

Market Size for Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs in CIS

The CIS meat and fish extracts market fell to $X in 2021, which is down by -6.3% against the previous year. In general, consumption, however, recorded a perceptible shrinkage. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs in CIS

In value terms, meat and fish extracts production dropped to $X in 2021 estimated in export price. Over the period under review, production, however, saw a noticeable reduction. The pace of growth appeared the most rapid in 2020 with an increase of 24%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Exports of Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs

Exports in CIS

In 2021, the amount of extracts and juices of meat, fish, crustaceans and molluscs exported in the CIS dropped dramatically to X kg, with a decrease of -15.6% against the previous year's figure. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2013 with an increase of 504% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, meat and fish extracts exports declined notably to $X in 2021. Overall, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2013 when exports increased by 435%. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Russia (X kg) was the key exporter of extracts and juices of meat, fish, crustaceans and molluscs, making up 61% of total exports. It was distantly followed by Kazakhstan (X kg), constituting a 39% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Kazakhstan (with a CAGR of +17.8%).

In value terms, Russia ($X) remains the largest meat and fish extracts supplier in the CIS, comprising 93% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 7.2% share of total exports.

In Russia, meat and fish extracts exports increased at an average annual rate of +31.5% over the period from 2012-2021.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2021, standing approx. at the previous year. Over the period under review, the export price saw buoyant growth. The most prominent rate of growth was recorded in 2020 when the export price increased by 179% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Russia ($X per ton), while Kazakhstan totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+26.9%).

Imports of Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs

Imports in CIS

Meat and fish extracts imports dropped to X tons in 2021, falling by -10.4% on the previous year. In general, imports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 362% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, meat and fish extracts imports skyrocketed to $X in 2021. Overall, imports, however, saw prominent growth. The pace of growth was the most pronounced in 2013 when imports increased by 303%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Russia (X tons) represented the largest importer of extracts and juices of meat, fish, crustaceans and molluscs, comprising 71% of total imports. Kazakhstan (X tons) held a 13% share (based on physical terms) of total imports, which put it in second place, followed by Belarus (10%). Azerbaijan (X kg) held a relatively small share of total imports.

From 2012 to 2021, average annual rates of growth with regard to meat and fish extracts imports into Russia stood at +10.2%. At the same time, Azerbaijan (+39.8%), Belarus (+28.7%) and Kazakhstan (+21.8%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +39.8% from 2012-2021. Russia (+9.7 p.p.), Kazakhstan (+8.5 p.p.), Belarus (+8.2 p.p.) and Azerbaijan (+3 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported extracts and juices of meat, fish, crustaceans and molluscs in the CIS, comprising 88% of total imports. The second position in the ranking was taken by Belarus ($X), with a 3.9% share of total imports. It was followed by Azerbaijan, with a 3% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia stood at +22.1%. The remaining importing countries recorded the following average annual rates of imports growth: Belarus (+27.7% per year) and Azerbaijan (+63.9% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2021, picking up by 68% against the previous year. Over the period under review, the import price recorded a remarkable increase. The growth pace was the most rapid in 2015 when the import price increased by 72%. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Russia ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Azerbaijan (+16.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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