CIS: Frozen Catfish Market 2022

Frozen Catfish Market Size in CIS

After three years of growth, the CIS frozen catfish market decreased by -X% to $X in 2020. The total consumption indicated a noticeable expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs at $X in 2019, and then dropped notably in the following year.

Frozen Catfish Production in CIS

In value terms, frozen catfish production rose sharply to $X in 2020 estimated in export prices. The total production indicated a strong expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by X% y-o-y. Over the period under review, production reached the maximum level in 2020 and is expected to retain growth in the immediate term.

Production By Country in CIS

The country with the largest volume of frozen catfish production was Kazakhstan (X tons), accounting for X% of total volume.

From 2007 to 2020, the average annual rate of growth in terms of volume in Kazakhstan totaled +X%.

Frozen Catfish Exports

Exports in CIS

In 2020, shipments abroad of frozen catfish increased by X% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, exports, however, recorded a abrupt setback. The volume of export peaked at X tons in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, frozen catfish exports soared to $X in 2020. Overall, exports, however, recorded a slight shrinkage. The most prominent rate of growth was recorded in 2019 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at $X in 2012; however, from 2013 to 2020, exports stood at a somewhat lower figure.

Exports by Country

In 2020, Russia (X tons) was the largest exporter of frozen catfish, achieving X% of total exports. It was distantly followed by Kazakhstan (X tons), generating a X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Russia.

In value terms, Russia ($X) emerged as the largest frozen catfish supplier in the CIS, comprising X% of total exports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of total exports.

In Russia, frozen catfish exports expanded at an average annual rate of +X% over the period from 2007-2020.

Export Prices by Country

In 2020, the frozen catfish export price in the CIS amounted to $X per ton, growing by X% against the previous year. Overall, the export price recorded a prominent expansion. The most prominent rate of growth was recorded in 2012 when the export price increased by X% y-o-y. The level of export peaked in 2020 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Russia ($X per ton), while Kazakhstan amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Kazakhstan.

Frozen Catfish Imports

Imports in CIS

For the fifth consecutive year, the CIS recorded growth in overseas purchases of frozen catfish, which increased by X% to X tons in 2020. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. The volume of import peaked at X tons in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

In value terms, frozen catfish imports stood at $X in 2020. In general, imports saw a pronounced setback. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. The level of import peaked at $X in 2007; however, from 2008 to 2020, imports remained at a lower figure.

Imports by Country

The countries with the highest levels of frozen catfish imports in 2020 were Russia (X tons), Uzbekistan (X tons) and Azerbaijan (X tons), together resulting at X% of total import. Moldova (X tons) took the next position in the ranking, followed by Belarus (X tons). All these countries together took near X% share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Moldova (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen catfish importing markets in the CIS were Russia ($X), Uzbekistan ($X) and Azerbaijan ($X), together comprising X% of total imports. Moldova and Belarus lagged somewhat behind, together comprising a further X terms of the main importing countries, Moldova 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 frozen catfish import price in the CIS stood at $X per ton in 2020, which is down by -X% against the previous year. Over the period under review, the import price showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2019 an increase of X% year-to-year. Over the period under review, import prices hit record highs at $X per ton in 2007; however, from 2008 to 2020, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in Russia ($X per ton) and Moldova ($X per ton), while Azerbaijan ($X per ton) and Uzbekistan ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Belarus, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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