Eastern Europe: Frozen Fish Market 2024

Frozen Fish Market Size in Eastern Europe

The East European frozen fish market shrank slightly to $X in 2022, which is down by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X, and then dropped modestly in the following year.

Frozen Fish Production in Eastern Europe

In value terms, frozen fish production fell modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Frozen Fish Exports

Exports in Eastern Europe

In 2022, the amount of frozen fish exported in Eastern Europe reached X tons, picking up by X% compared with 2021. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The volume of export peaked at X tons in 2020; afterwards, it flattened through to 2022.

In value terms, frozen fish exports contracted sharply to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then contracted markedly in the following year.

Exports by Country

Russia prevails in exports structure, accounting for X tons, which was near X% of total exports in 2022. It was distantly followed by Poland (X tons), generating a X% share of total exports. Estonia (X tons), Latvia (X tons) and Lithuania (X tons) held a relatively small share of total exports.

Exports from Russia increased at an average annual rate of X% from 2012 to 2022. At the same time, Poland (X%), Lithuania (X%) and Latvia (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Estonia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Poland increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest frozen fish supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with a X% share of total exports. It was followed by Lithuania, with a X% share.

In Russia, frozen fish exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (X% per year) and Lithuania (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, dropping by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, the export price reached the peak level of $X per ton, and then reduced dramatically in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Frozen Fish Imports

Imports in Eastern Europe

In 2022, approx. X tons of frozen fish were imported in Eastern Europe; which is down by X% compared with 2021 figures. In general, imports saw a mild setback. The growth pace was the most rapid in 2013 with an increase of X%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, frozen fish imports rose slightly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of $X; afterwards, it flattened through to 2022.

Imports by Country

The purchases of the three major importers of frozen fish, namely Russia, Poland and Ukraine, represented more than two-thirds of total import. Belarus (X tons) ranks next in terms of the total imports with a X% share, followed by Lithuania (X%). The following importers - Latvia (X tons) and Romania (X tons) - each amounted to an X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Latvia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Russia ($X) and Ukraine ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Lithuania, Belarus, Romania and Latvia lagged somewhat behind, together accounting for a further X%.

Latvia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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