Eastern Europe: Market for Jellyfish, Dried, Salted Or In Brine, Smoked 2025

Market Size for Jellyfish, Dried, Salted Or In Brine, Smoked in Eastern Europe

The East European market for jellyfish, dried, salted or in brine, smoked soared to $X in 2022, jumping by 21% against the previous year. The total consumption indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -21.4% against 2020 indices. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Production of Jellyfish, Dried, Salted Or In Brine, Smoked in Eastern Europe

In value terms, production of jellyfish, dried, salted or in brine, smoked expanded slightly to $X in 2022 estimated in export price. In general, production, however, continues to indicate measured growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by 199% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Jellyfish, Dried, Salted Or In Brine, Smoked

Exports in Eastern Europe

Exports of jellyfish, dried, salted or in brine, smoked dropped notably to X tons in 2022, which is down by -34.1% compared with the year before. Overall, exports recorded a pronounced decline. The pace of growth appeared the most rapid in 2017 when exports increased by 238%. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, exports of jellyfish, dried, salted or in brine, smoked contracted markedly to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when exports increased by 375% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The shipments of the one major exporters of jellyfish, dried, salted or in brine, smoked, namely Russia, represented more than two-thirds of total export.

Russia was also the fastest-growing in terms of the jellyfish, dried, salted or in brine, smoked exports, with a CAGR of -2.1% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) also remains the largest jellyfish, dried, salted or in brine, smoked supplier in Eastern Europe.

In Russia, exports of jellyfish, dried, salted or in brine, smoked remained relatively stable over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, jumping by 21% against the previous year. Over the period under review, the export price recorded tangible growth. The pace of growth was the most pronounced in 2014 an increase of 185% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +1.6% per year.

Imports of Jellyfish, Dried, Salted Or In Brine, Smoked

Imports in Eastern Europe

In 2022, supplies from abroad of jellyfish, dried, salted or in brine, smoked decreased by -63.8% to X kg, falling for the third consecutive year after two years of growth. Over the period under review, imports showed a dramatic contraction. The growth pace was the most rapid in 2016 with an increase of 3,636% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of jellyfish, dried, salted or in brine, smoked shrank remarkably to $X in 2022. In general, imports recorded a abrupt descent. The pace of growth was the most pronounced in 2016 with an increase of 3,635%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Hungary (X kg) and the Czech Republic (X kg) represented the largest importers of jellyfish, dried, salted or in brine, smoked in Eastern Europe, together resulting at near 81% of total imports. It was distantly followed by Romania (X kg), achieving a 19% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +36.1%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the Czech Republic ($X) constitutes the largest market for imported jellyfish, dried, salted or in brine, smoked in Eastern Europe, comprising 80% of total imports. The second position in the ranking was taken by Hungary ($X), with a 17% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in the Czech Republic stood at -4.4%. The remaining importing countries recorded the following average annual rates of imports growth: Hungary (-30.8% per year) and Romania (-22.4% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, growing by 23% against the previous year. Over the period under review, the import price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2020 when the import price increased by 428% against the previous year. Over the period under review, import prices reached the peak figure in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+3.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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