Czech Republic: Preserved Mackerel Market 2024

Preserved Mackerel Market Size in the Czech Republic

The Czech preserved mackerel market contracted to $X in 2021, shrinking by -5.5% against the previous year. In general, consumption, however, saw modest growth. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Preserved Mackerel Production in the Czech Republic

In value terms, preserved mackerel production declined to $X in 2021 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 25%. Preserved mackerel production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Preserved Mackerel Exports

Exports from the Czech Republic

In 2021, exports of mackerel (prepared or preserved) from the Czech Republic contracted remarkably to X tons, which is down by -24.3% against 2020 figures. In general, exports saw a abrupt decrease. The pace of growth was the most pronounced in 2019 when exports increased by 88% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, preserved mackerel exports shrank to $X in 2021. Over the period under review, exports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2019 with an increase of 69%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Slovakia (X tons) was the main destination for preserved mackerel exports from the Czech Republic, with a 77% share of total exports. Moreover, preserved mackerel exports to Slovakia exceeded the volume sent to the second major destination, Hungary (X tons), sevenfold.

From 2012 to 2021, the average annual growth rate of volume to Slovakia stood at -6.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+19.8% per year) and Croatia (-4.1% per year).

In value terms, Slovakia ($X) remains the key foreign market for mackerel (prepared or preserved) exports from the Czech Republic, comprising 78% of total exports. The second position in the ranking was held by Hungary ($X), with a 9.9% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Slovakia stood at -1.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+17.6% per year) and Croatia (-4.0% per year).

Export Prices by Country

In 2021, the average preserved mackerel export price amounted to $X per ton, increasing by 24% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.8%. The growth pace was the most rapid in 2018 an increase of 30%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in years to come.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Hungary ($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 Slovakia (+6.2%), while the prices for the other major destinations experienced mixed trend patterns.

Preserved Mackerel Imports

Imports into the Czech Republic

In 2021, the amount of mackerel (prepared or preserved) imported into the Czech Republic rose remarkably to X tons, picking up by 8.9% on 2020. The total import volume increased at an average annual rate of +2.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 with an increase of 50% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, preserved mackerel imports amounted to $X in 2021. The total import value increased at an average annual rate of +3.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 when imports increased by 37%. Imports peaked in 2021 and are likely to see steady growth in years to come.

Imports by Country

In 2021, Poland (X tons) constituted the largest preserved mackerel supplier to the Czech Republic, with a 67% share of total imports. Moreover, preserved mackerel imports from Poland exceeded the figures recorded by the second-largest supplier, Latvia (X tons), sevenfold. The third position in this ranking was held by the Netherlands (X tons), with a 9.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Poland totaled +7.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Latvia (-8.5% per year) and the Netherlands (+193.6% per year).

In value terms, Poland ($X) constituted the largest supplier of mackerel (prepared or preserved) to the Czech Republic, comprising 63% of total imports. The second position in the ranking was held by Latvia ($X), with an 8.6% share of total imports. It was followed by the Netherlands, with a 7.8% share.

From 2012 to 2021, the average annual growth rate of value from Poland totaled +5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Latvia (-3.6% per year) and the Netherlands (+204.6% per year).

Import Prices by Country

The average preserved mackerel import price stood at $X per ton in 2021, standing approx. at the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 13%. Over the period under review, average import prices reached the peak figure at $X per ton in 2020, and then shrank slightly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Latvia (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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