Eastern Europe: Frozen Eels Market 2022

Frozen Eels Market Size in Eastern Europe

After three years of growth, the East European frozen eels market decreased by -X% to $X in 2020. In general, consumption showed a perceptible setback. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. Over the period under review, the market attained the maximum level at $X in 2007; however, from 2008 to 2020, consumption stood at a somewhat lower figure.

Frozen Eels Production in Eastern Europe

In value terms, frozen eels production fell remarkably to $X in 2020 estimated in export prices. In general, production saw a abrupt contraction. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2020, production failed to regain the momentum.

Production By Country in Eastern Europe

The countries with the highest volumes of frozen eels production in 2020 were Estonia (X tons) and Bulgaria (X tons).

From 2007 to 2020, the biggest increases were in Bulgaria.

Frozen Eels Exports

Exports in Eastern Europe

In 2020, approx. X tons of frozen eels were exported in Eastern Europe; waning by -X% on 2019. Over the period under review, exports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Over the period under review, exports reached the maximum at X tons in 2015; however, from 2016 to 2020, exports remained at a lower figure.

In value terms, frozen eels exports declined notably to $X in 2020. Overall, exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. The level of export peaked at $X in 2007; however, from 2008 to 2020, exports remained at a lower figure.

Exports by Country

Poland (X tons) and Lithuania (X tons) prevails in frozen eels exports structure, together making up X% of total exports. Belarus (X kg), Latvia (X kg) and the Czech Republic (X kg) followed a long way behind the leaders.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by the Czech Republic (+X% per year), while exports for the other leaders experienced mixed trends in the exports figures.

In value terms, Poland ($X), Lithuania ($X) and Belarus ($X) were the countries with the highest levels of exports in 2020, together accounting for X% of total exports. These countries were followed by the Czech Republic and Latvia, which together accounted for a further X Czech Republic (+X% per year) saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The frozen eels export price in Eastern Europe stood at $X per ton in 2020, increasing by X% against the previous year. Export price indicated a slight increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Belarus ($X per ton), while Lithuania ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Belarus, while the other leaders experienced a decline in the export price figures.

Frozen Eels Imports

Imports in Eastern Europe

After three years of growth, supplies from abroad of frozen eels decreased by -X% to X tons in 2020. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at X tons in 2019, and then fell sharply in the following year.

In value terms, frozen eels imports dropped rapidly to $X in 2020. Over the period under review, imports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2018 when imports increased by X% year-to-year. The level of import peaked at $X in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

Imports by Country

Poland represented the largest importer of frozen eels in Eastern Europe, with the volume of imports reaching X tons, which was approx. X% of total imports in 2020. Russia (X tons) occupied the second position in the ranking, distantly followed by Belarus (X tons). All these countries together held approx. X% share of total imports. The following importers - Ukraine (X tons) and Lithuania (X tons) - each finished at a X% share of total imports.

Imports into Poland increased at an average annual rate of +X% from 2007 to 2020. At the same time, Lithuania (+X%) and Belarus (+X%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +X% from 2007-2020. By contrast, Russia (-X%) and Ukraine (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Poland, Belarus and Lithuania increased by +X%, +X% and +X% percentage points, while Russia (-X p.p.) and Ukraine (-X p.p.) saw their share reduced.

In value terms, Poland ($X), Russia ($X) and Belarus ($X) appeared to be the countries with the highest levels of imports in 2020, with a combined X% share of total imports.

In terms of the main importing countries, Belarus recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The frozen eels import price in Eastern Europe stood at $X per ton in 2020, with a decrease of -X% against the previous year. Overall, the import price showed a deep slump. The most prominent rate of growth was recorded in 2016 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2007; however, from 2008 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Lithuania ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Belarus, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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