Kazakhstan: Market for Fish Fillets and Other Fish Meat 2024

Market Size for Fish Fillets and Other Fish Meat in Kazakhstan

In 2022, the Kazakh market for fish fillets and other fish meat increased by 175% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption continues to indicate strong growth. Consumption of peaked in 2022 and is likely to see steady growth in the immediate term.

Production of Fish Fillets and Other Fish Meat in Kazakhstan

In value terms, production of fish fillets and other fish meat contracted modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 6.2%. Production of peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Fish Fillets and Other Fish Meat

Exports from Kazakhstan

In 2022, shipments abroad of fish fillets and other fish meat decreased by -26.6% to X tons, falling for the third consecutive year after two years of growth. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 48% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of fish fillets and other fish meat declined markedly to $X in 2022. Over the period under review, exports recorded a pronounced reduction. The pace of growth appeared the most rapid in 2019 with an increase of 33%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Germany (X tons), Lithuania (X tons) and the Netherlands (X tons) were the main destinations of exports of fish fillets and other fish meat from Kazakhstan, with a combined 66% share of total exports. Russia, Denmark, Poland and Austria lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +18.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for fish fillets and other fish meat exported from Kazakhstan were Germany ($X), Lithuania ($X) and the Netherlands ($X), with a combined 71% share of total exports. Denmark, Poland, Russia and Austria lagged somewhat behind, together accounting for a further 24%.

In terms of the main countries of destination, Russia, with a CAGR of +20.0%, 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 export price for fish fillets and other fish meat amounted to $X per ton, rising by 4.9% against the previous year. Overall, the export price, however, saw a perceptible curtailment. The pace of growth appeared the most rapid in 2013 when the average export price increased by 6.7%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+1.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fish Fillets and Other Fish Meat

Imports into Kazakhstan

Imports of fish fillets and other fish meat into Kazakhstan surged to X tons in 2022, rising by 35% on the year before. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 76%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of fish fillets and other fish meat soared to $X in 2022. In general, imports continue to indicate noticeable growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Russia (X tons), Norway (X tons) and Vietnam (X tons) were the main suppliers of imports of fish fillets and other fish meat to Kazakhstan, with a combined 85% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +32.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest fish fillets and other fish meat suppliers to Kazakhstan were Russia ($X), Norway ($X) and Vietnam ($X), together accounting for 82% of total imports. Chile and China lagged somewhat behind, together comprising a further 13%.

Among the main suppliers, Chile, with a CAGR of +28.6%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for fish fillets and other fish meat amounted to $X per ton, increasing by 32% against the previous year. Over the period under review, the import price continues to indicate a pronounced increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 57%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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