Czech Republic: Market for Jellyfish, Dried, Salted Or In Brine, Smoked 2024

Market Size for Jellyfish, Dried, Salted Or In Brine, Smoked in the Czech Republic

In 2022, after two years of growth, there was significant decline in the Czech market for jellyfish, dried, salted or in brine, smoked, when its value decreased by -96.3% to $X. Over the period under review, consumption showed a precipitous decline. Over the period under review, the market attained the peak level at $X in 2021, and then shrank sharply in the following year.

Production of Jellyfish, Dried, Salted Or In Brine, Smoked in the Czech Republic

In value terms, production of jellyfish, dried, salted or in brine, smoked expanded rapidly to $X in 2022 estimated in export price. Overall, production posted a significant expansion. The pace of growth was the most pronounced in 2019 when the production volume increased by 461% against the previous year. Over the period under review, production of hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Jellyfish, Dried, Salted Or In Brine, Smoked

Exports from the Czech Republic

In 2022, shipments abroad of jellyfish, dried, salted or in brine, smoked increased by 120% to X kg, rising for the sixth year in a row after two years of decline. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2019 when exports increased by 395% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, exports of jellyfish, dried, salted or in brine, smoked surged to $X in 2022. In general, exports enjoyed significant growth. The pace of growth was the most pronounced in 2018 with an increase of 490% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Poland (X kg) was the main destination for exports of jellyfish, dried, salted or in brine, smoked from the Czech Republic, accounting for a 71% share of total exports. Moreover, exports of jellyfish, dried, salted or in brine, smoked to Poland exceeded the volume sent to the second major destination, Hungary (X kg), fourfold. Germany (X kg) ranked third in terms of total exports with a 7.7% share.

From 2013 to 2022, the average annual rate of growth in terms of volume to Poland stood at +33.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+500.0% per year) and Germany (0.0% per year).

In value terms, Poland ($X) remains the key foreign market for jellyfish, dried, salted or in brine, smoked exports from the Czech Republic, comprising 72% of total exports. The second position in the ranking was held by Hungary ($X), with an 18% share of total exports. It was followed by Germany, with a 7.1% share.

From 2013 to 2022, the average annual rate of growth in terms of value to Poland stood at +37.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+262.3% per year) and Germany (0.0% per year).

Export Prices by Country

In 2022, the average export price for jellyfish, dried, salted or in brine, smoked amounted to $X per ton, waning by -39.5% against the previous year. Overall, the export price, however, posted a tangible increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 61% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then dropped notably in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Slovakia ($X per ton) and Poland ($X per ton), while the average price for exports to Germany ($X per ton) and Hungary ($X per ton) were amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+2.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Jellyfish, Dried, Salted Or In Brine, Smoked

Imports into the Czech Republic

Imports of jellyfish, dried, salted or in brine, smoked into the Czech Republic amounted to X kg in 2022, remaining stable against 2021 figures. Over the period under review, imports showed a significant increase. The smallest decline of 99.9% was in 2019. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of jellyfish, dried, salted or in brine, smoked amounted to $X in 2022. In general, imports saw a noticeable reduction. The smallest decline of 99.9% was in 2019. Over the period under review, imports of reached the peak figure at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the Netherlands (X kg) was the main jellyfish, dried, salted or in brine, smoked supplier to the Czech Republic, with a approx. 100% share of total imports.

From 2018 to 2022, the average annual growth rate of volume from the Netherlands was relatively modest.

In value terms, the Netherlands ($X) constituted the largest supplier of jellyfish, dried, salted or in brine, smoked to the Czech Republic.

From 2018 to 2022, the average annual growth rate of value from the Netherlands was relatively modest.

Import Prices by Country

The average import price for jellyfish, dried, salted or in brine, smoked stood at $X per ton in 2022, approximately equating the previous year. Over the period under review, the import price saw a significant curtailment. The pace of growth was the most pronounced in 2019 a decrease of 99.9%. Over the period under review, average import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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

From 2018 to 2022, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Source: IndexBox Platform

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