Czech Republic: Frozen Atlantic Halibut Market 2022

Frozen Atlantic Halibut Market Size in the Czech Republic

The Czech frozen atlantic halibut market soared to $X in 2020, surging by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Frozen atlantic halibut consumption peaked at $X in 2015; however, from 2016 to 2020, consumption remained at a lower figure.

Frozen Atlantic Halibut Exports

Exports from the Czech Republic

Frozen atlantic halibut exports from the Czech Republic surged to X kg in 2020, with an increase of X% on the previous year's figure. In general, exports saw buoyant growth. The pace of growth appeared the most rapid in 2015 when exports increased by X% year-to-year. Exports peaked in 2020 and are likely to see steady growth in the immediate term.

In value terms, frozen atlantic halibut exports skyrocketed to $X in 2020. Overall, exports saw a remarkable increase. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Poland (X kg) was the main destination for frozen atlantic halibut exports from the Czech Republic, accounting for a approx. X% share of total exports.

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

In value terms, Poland ($X) also remains the key foreign market for frozen atlantic halibut exports from the Czech Republic.

From 2007 to 2020, the average annual growth rate of value to Poland stood at +X%.

Export Prices by Country

In 2020, the average frozen atlantic halibut export price amounted to $X per ton, surging by X% against the previous year. In general, export price indicated tangible growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, frozen atlantic halibut export price increased by +X% against 2014 indices. The pace of growth appeared the most rapid in 2014 when the average export price increased by X% against the previous year. Over the period under review, average export prices attained the peak figure in 2020 and is likely to see gradual growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Poland.

From 2007 to 2020, the rate of growth in terms of prices for Poland amounted to +X% per year.

Frozen Atlantic Halibut Imports

Imports into the Czech Republic

Frozen atlantic halibut imports into the Czech Republic expanded modestly to X tons in 2020, surging by X% against the previous year. In general, imports, however, continue to indicate a perceptible decline. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. from 2014 to 2020, the growth imports failed to regain the momentum.

In value terms, frozen atlantic halibut imports surged to $X in 2020. Overall, imports, however, recorded mild growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Poland (X tons) constituted the largest frozen atlantic halibut supplier to the Czech Republic, with a X% share of total imports. Moreover, frozen atlantic halibut imports from Poland exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold.

From 2007 to 2020, the average annual growth rate of volume from Poland totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and the Netherlands (-X% per year).

In value terms, Germany ($X) constituted the largest supplier of frozen atlantic halibut to the Czech Republic, comprising X% of total imports. The second position in the ranking was occupied by Poland ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from Germany amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+X% per year) and the Netherlands (-X% per year).

Import Prices by Country

In 2020, the average frozen atlantic halibut import price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, import price indicated a pronounced increase from 2007 to 2020: its price 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, frozen atlantic halibut import price increased by +X% against 2011 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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