Report Update Nov 1, 2024

Czech Republic - Frozen Cuttlefishes - Market Analysis, Forecast, Size, Trends and Insights

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Czech Republic: Frozen Cuttlefishes Market 2024

Frozen Cuttlefishes Market Size in the Czech Republic

The Czech frozen cuttlefishes market was finally on the rise to reach $X in 2021, after five years of decline. Over the period under review, consumption showed a drastic downturn. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Frozen Cuttlefishes Exports

Exports from the Czech Republic

In 2021, overseas shipments of frozen cuttlefishes increased by 0.4% to X tons, rising for the third year in a row after two years of decline. In general, exports continue to indicate a resilient increase. The growth pace was the most rapid in 2014 when exports increased by 380% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, frozen cuttlefishes exports soared to $X in 2021. Overall, exports recorded a prominent expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 348%. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

Slovakia (X tons) was the main destination for frozen cuttlefishes exports from the Czech Republic, with a 66% share of total exports. Moreover, frozen cuttlefishes exports to Slovakia exceeded the volume sent to the second major destination, Hungary (X kg), fivefold. Germany (X kg) ranked third in terms of total exports with a 13% share.

From 2012 to 2021, the average annual growth rate of volume to Slovakia amounted to +22.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+21.6% per year) and Germany (+525.7% per year).

In value terms, Slovakia ($X) remains the key foreign market for frozen cuttlefishes exports from the Czech Republic, comprising 55% of total exports. The second position in the ranking was held by Germany ($X), with a 26% share of total exports. It was followed by Hungary, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Slovakia totaled +13.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+531.8% per year) and Hungary (+15.5% per year).

Export Prices by Country

The average frozen cuttlefishes export price stood at $X per ton in 2021, with an increase of 21% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per ton), while the average price for exports to Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+37.0%), while the prices for the other major destinations experienced mixed trend patterns.

Frozen Cuttlefishes Imports

Imports into the Czech Republic

In 2021, overseas purchases of frozen cuttlefishes decreased by -4.5% to X tons, falling for the sixth consecutive year after four years of growth. Overall, imports faced a deep contraction. The pace of growth appeared the most rapid in 2014 with an increase of 15% against the previous year. Over the period under review, imports reached the maximum at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, frozen cuttlefishes imports soared to $X in 2021. Over the period under review, imports recorded a abrupt descent. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Spain (X tons) constituted the largest frozen cuttlefishes supplier to the Czech Republic, with a 80% share of total imports. Moreover, frozen cuttlefishes imports from Spain exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), ninefold. The Netherlands (X tons) ranked third in terms of total imports with a 6.4% share.

From 2012 to 2021, the average annual growth rate of volume from Spain totaled +10.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-18.4% per year) and the Netherlands (+22.4% per year).

In value terms, Spain ($X), Vietnam ($X) and the Netherlands ($X) were the largest frozen cuttlefishes suppliers to the Czech Republic, together accounting for 90% of total imports.

The Netherlands, with a CAGR of +32.2%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average frozen cuttlefishes import price amounted to $X per ton, increasing by 39% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+22.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen cuttlefishes in the world?

The countries with the highest volumes of frozen cuttlefishes consumption in 2020 were Peru, Indonesia and India, together comprising 59% of global consumption. These countries were followed by Spain, Democratic People's Republic of Korea, New Zealand and Thailand, which together accounted for a further 25%.

What are the largest producers of frozen cuttlefishes in the world?

The countries with the highest volumes of frozen cuttlefishes production in 2020 were Peru, Indonesia and India, with a combined 63% share of global production.

What are the leading suppliers of frozen cuttlefishes to the Czech Republic?

In value terms, Spain constituted the largest supplier of frozen cuttlefishes to the Czech Republic, comprising 62% of total imports. The second position in the ranking was occupied by Vietnam, with a 21% share of total imports. It was followed by Germany, with an 8.8% share.

What are the leading importers of frozen cuttlefishes from the Czech Republic?

In value terms, Slovakia remains the key foreign market for frozen cuttlefishes exports from the Czech Republic, comprising 88% of total exports. The second position in the ranking was occupied by Germany, with a 5% share of total exports. It was followed by Hungary, with a 3.7% share.

What is the average export price for frozen cuttlefishes in the Czech Republic?

In 2020, the average frozen cuttlefishes export price amounted to $4,921 per ton, picking up by 2.2% against the previous year.

What is the average import price for frozen cuttlefishes in the Czech Republic?

In 2020, the average frozen cuttlefishes import price amounted to $5,289 per ton, growing by 54% against the previous year.

This report provides an in-depth analysis of the frozen cuttlefishes market in the Czech Republic. 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:

Country coverage:

Czech Republic

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Czech Republic
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
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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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
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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. 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. 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. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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 In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023