Czech Republic: Smoked Salmon Market 2024

Smoked Salmon Market Size in the Czech Republic

The Czech smoked salmon market reduced to $X in 2022, approximately equating the previous year. The market value increased at an average annual rate of +2.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Smoked Salmon Production in the Czech Republic

In value terms, smoked salmon production expanded slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when the production volume increased by 61%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Smoked Salmon Exports

Exports from the Czech Republic

In 2022, approx. X tons of smoked pacific, atlantic and danube salmon were exported from the Czech Republic; picking up by 13% compared with the previous year's figure. Overall, exports continue to indicate a significant increase. The growth pace was the most rapid in 2018 when exports increased by 244%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, smoked salmon exports surged to $X in 2022. In general, exports posted a significant increase. The pace of growth appeared the most rapid in 2018 with an increase of 235%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Slovakia (X tons), Romania (X tons) and Greece (X tons) were the main destinations of smoked salmon exports from the Czech Republic, with a combined 80% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Greece (with a CAGR of +337.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X), Romania ($X) and Greece ($X) were the largest markets for smoked salmon exported from the Czech Republic worldwide, together comprising 81% of total exports.

Among the main countries of destination, Greece, with a CAGR of +312.5%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average smoked salmon export price amounted to $X per ton, increasing by 4.6% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. The pace of growth was the most pronounced in 2013 when the average export price increased by 43%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Smoked Salmon Imports

Imports into the Czech Republic

After four years of growth, purchases abroad of smoked pacific, atlantic and danube salmon decreased by -18.1% to X tons in 2022. Over the period under review, imports, however, saw strong growth. The most prominent rate of growth was recorded in 2013 when imports increased by 78% against the previous year. Imports peaked at X tons in 2021, and then contracted notably in the following year.

In value terms, smoked salmon imports fell to $X in 2022. In general, imports, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2013 when imports increased by 79% against the previous year. Imports peaked at $X in 2021, and then fell in the following year.

Imports by Country

Poland (X tons), Germany (X tons) and Norway (X tons) were the main suppliers of smoked salmon imports to the Czech Republic, with a combined 93% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +27.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Germany ($X) and Norway ($X) constituted the largest smoked salmon suppliers to the Czech Republic, with a combined 92% share of total imports.

Poland, with a CAGR of +27.4%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average smoked salmon import price stood at $X per ton in 2022, rising by 11% against the previous year. In general, the import price saw a slight expansion. The pace of growth appeared the most rapid in 2021 when the average import price increased by 30% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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