Czech Republic: Preserved Salmon Market 2024

Preserved Salmon Market Size in the Czech Republic

The Czech preserved salmon market declined to $X in 2021, with a decrease of -9.1% against the previous year. In general, consumption, however, continues to indicate a pronounced slump. Preserved salmon consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Preserved Salmon Production in the Czech Republic

In value terms, preserved salmon production dropped to $X in 2021 estimated in export price. In general, production, however, recorded a pronounced setback. The most prominent rate of growth was recorded in 2020 with an increase of 31% against the previous year. Preserved salmon production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Preserved Salmon Exports

Exports from the Czech Republic

Preserved salmon exports from the Czech Republic surged to X tons in 2021, picking up by 433% against the previous year's figure. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, preserved salmon exports surged to $X in 2021. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Romania (X tons), Bulgaria (X tons) and Slovakia (X tons) were the main destinations of preserved salmon exports from the Czech Republic, together accounting for 100% of total exports.

From 2012 to 2021, the biggest increases were recorded for Bulgaria (with a CAGR of +83.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for preserved salmon exported from the Czech Republic were Romania ($X), Bulgaria ($X) and Slovakia ($X), with a combined 100% share of total exports.

Bulgaria, with a CAGR of +105.0%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average preserved salmon export price amounted to $X per ton, rising by 18% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 35% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

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 2021, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Salmon Imports

Imports into the Czech Republic

In 2021, supplies from abroad of salmon (prepared or preserved) was finally on the rise to reach X tons after three years of decline. Over the period under review, imports continue to indicate a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, preserved salmon imports soared to $X in 2021. In general, imports saw a noticeable expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Poland (X tons) constituted the largest preserved salmon supplier to the Czech Republic, with a 69% share of total imports. Moreover, preserved salmon imports from Poland exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. The third position in this ranking was taken by Latvia (X tons), with a 4.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Poland was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+9.5% per year) and Latvia (-1.4% per year).

In value terms, Poland ($X) constituted the largest supplier of salmon (prepared or preserved) to the Czech Republic, comprising 65% of total imports. The second position in the ranking was taken by Italy ($X), with a 22% share of total imports. It was followed by the Netherlands, with a 7.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Poland amounted to +2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+9.4% per year) and the Netherlands (+15.0% per year).

Import Prices by Country

In 2021, the average preserved salmon import price amounted to $X per ton, picking up by 11% against the previous year. Overall, import price indicated perceptible growth from 2012 to 2021: its price increased at an average annual rate of +3.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, preserved salmon import price increased by +88.2% against 2017 indices. The pace of growth appeared the most rapid in 2018 when the average import price increased by 29% against the previous year. Over the period under review, average import prices reached the maximum in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Latvia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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