Czech Republic: Market for Fish Fillets and Other Fish Meat 2024

Market Size for Fish Fillets and Other Fish Meat in the Czech Republic

The Czech market for fish fillets and other fish meat expanded remarkably to $X in 2022, increasing by 9.9% against the previous year. Over the period under review, consumption recorded a buoyant increase. Consumption of peaked in 2022 and is likely to see gradual growth in years to come.

Production of Fish Fillets and Other Fish Meat in the Czech Republic

In value terms, production of fish fillets and other fish meat skyrocketed to $X in 2022 estimated in export price. In general, production continues to indicate a strong increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by 254%. As a result, production reached the peak level of $X. From 2018 to 2022, production of growth remained at a somewhat lower figure.

Exports of Fish Fillets and Other Fish Meat

Exports from the Czech Republic

In 2022, approx. X tons of fish fillets and other fish meat were exported from the Czech Republic; increasing by 3.5% against 2021 figures. The total export volume increased at an average annual rate of +2.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 15% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of fish fillets and other fish meat amounted to $X in 2022. Overall, exports posted a prominent increase. The pace of growth was the most pronounced in 2017 with an increase of 29% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

Slovakia (X tons) was the main destination for exports of fish fillets and other fish meat from the Czech Republic, with a 57% share of total exports. Moreover, exports of fish fillets and other fish meat to Slovakia exceeded the volume sent to the second major destination, Romania (X tons), fourfold. The third position in this ranking was taken by Hungary (X tons), with an 8.7% share.

From 2012 to 2022, the average annual growth rate of volume to Slovakia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+31.0% per year) and Hungary (+17.9% per year).

In value terms, Slovakia ($X) remains the key foreign market for fish fillets and other fish meat exports from the Czech Republic, comprising 43% of total exports. The second position in the ranking was taken by Romania ($X), with a 20% share of total exports. It was followed by Hungary, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Slovakia amounted to +4.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+41.5% per year) and Hungary (+29.6% per year).

Export Prices by Country

In 2022, the average export price for fish fillets and other fish meat amounted to $X per ton, picking up by 7.8% against the previous year. Overall, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fish fillets and other fish meat increased by +29.5% against 2019 indices. The pace of growth appeared the most rapid in 2013 an increase of 16% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fish Fillets and Other Fish Meat

Imports into the Czech Republic

Imports of fish fillets and other fish meat into the Czech Republic expanded slightly to X tons in 2022, picking up by 4.4% on the previous year. The total import volume increased at an average annual rate of +3.2% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when imports increased by 13% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, imports of fish fillets and other fish meat rose remarkably to $X in 2022. Over the period under review, imports saw a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

Norway (X tons), the United States (X tons) and Germany (X tons) were the main suppliers of imports of fish fillets and other fish meat to the Czech Republic, together comprising 50% of total imports. Poland, China, Iceland, Russia, Denmark and Vietnam lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +21.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X) constituted the largest supplier of fish fillets and other fish meat to the Czech Republic, comprising 40% of total imports. The second position in the ranking was held by Germany ($X), with a 14% share of total imports. It was followed by the United States, with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Norway stood at +21.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+15.2% per year) and the United States (+10.9% per year).

Import Prices by Country

In 2022, the average import price for fish fillets and other fish meat amounted to $X per ton, rising by 2.9% against the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fish fillets and other fish meat increased by +67.7% against 2015 indices. The pace of growth appeared the most rapid in 2020 when the average import price increased by 15% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($X per ton), while the price for Iceland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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