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Report CIS - Smoked Herrings - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

CIS - Smoked Herrings - Market Analysis, Forecast, Size, Trends and Insights

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CIS: Smoked Herring Market 2024

Smoked Herring Market Size in CIS

The CIS smoked herring market shrank slightly to $X in 2022, declining by -5% against the previous year. Overall, consumption recorded a deep setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Smoked Herring Production in CIS

In value terms, smoked herring production shrank to $X in 2022 estimated in export price. Over the period under review, production saw a deep contraction. The most prominent rate of growth was recorded in 2021 when the production volume increased by 8.5%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Smoked Herring Exports

Exports in CIS

In 2022, shipments abroad of smoked herrings decreased by -12.4% to X tons for the first time since 2016, thus ending a five-year rising trend. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 1,653% against the previous year. The volume of export peaked at X tons in 2021, and then contracted in the following year.

In value terms, smoked herring exports fell remarkably to $X in 2022. Overall, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 2,351% against the previous year. The level of export peaked at $X in 2021, and then declined dramatically in the following year.

Exports by Country

Belarus dominates exports structure, amounting to X tons, which was approx. 93% of total exports in 2022. It was distantly followed by Russia (X tons), making up a 7.2% share of total exports.

Belarus was also the fastest-growing in terms of the smoked herrings exports, with a CAGR of +87.5% from 2012 to 2022. At the same time, Russia (+44.7%) displayed positive paces of growth. Belarus (+48 p.p.) significantly strengthened its position in terms of the total exports, while Russia saw its share reduced by -39.1% from 2012 to 2022, respectively.

In value terms, Belarus ($X) remains the largest smoked herring supplier in the CIS, comprising 93% of total exports. The second position in the ranking was taken by Russia ($X), with a 7.4% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Belarus totaled +79.6%.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, which is down by -4.2% against the previous year. In general, the export price continues to indicate a pronounced contraction. The pace of growth was the most pronounced in 2017 an increase of 40%. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while Belarus stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-1.6%).

Smoked Herring Imports

Imports in CIS

In 2022, after four years of growth, there was decline in overseas purchases of smoked herrings, when their volume decreased by -4.5% to X tons. Over the period under review, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2018 when imports increased by 38% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then dropped modestly in the following year.

In value terms, smoked herring imports shrank modestly to $X in 2022. In general, imports, however, posted strong growth. The growth pace was the most rapid in 2017 when imports increased by 40% against the previous year. The level of import peaked at $X in 2021, and then declined slightly in the following year.

Imports by Country

The countries with the highest levels of smoked herring imports in 2022 were Russia (X tons), together finishing at 99% of total import.

Russia was also the fastest-growing in terms of the smoked herrings imports, with a CAGR of +8.7% from 2012 to 2022. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported smoked herrings in the CIS.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia totaled +18.0%.

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, surging by 1.8% against the previous year. Overall, the import price continues to indicate a buoyant expansion. The growth pace was the most rapid in 2017 when the import price increased by 43% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +8.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of smoked herring consumption was Russia, accounting for 72% of total volume. Moreover, smoked herring consumption in Russia exceeded the figures recorded by the second-largest consumer, Kazakhstan, eightfold. The third position in this ranking was occupied by Uzbekistan, with a 5.2% share.
Russia remains the largest smoked herring producing country in the CIS, comprising approx. 66% of total volume. Moreover, smoked herring production in Russia exceeded the figures recorded by the second-largest producer, Kazakhstan, sevenfold. The third position in this ranking was occupied by Uzbekistan, with a 6.6% share.
In value terms, Russia remains the largest smoked herring supplier in the CIS.
In value terms, Russia constitutes the largest market for imported smoked herrings in the CIS, comprising 95% of total imports. The second position in the ranking was occupied by Kazakhstan, with a 4.3% share of total imports.
The export price in the CIS stood at $2,426 per ton in 2021, remaining constant against the previous year.
In 2021, the import price in the CIS amounted to $2,427 per ton, dropping by -2.6% against the previous year.

This report provides an in-depth analysis of the smoked herring market in CIS. 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 10202455 - Smoked herrings (including fillets, excluding heads, tails and maws)

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in CIS, split by region and country
  • Trade (exports and imports) in CIS
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Armenia
    • Azerbaijan
    • Belarus
    • Kazakhstan
    • Kyrgyzstan
    • Moldova
    • Russia
    • Tajikistan
    • Uzbekistan

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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