Kazakhstan: Battered Fish Fillet Market 2024

Battered Fish Fillet Market Size in Kazakhstan

In 2021, after three years of growth, there was significant decline in the Kazakh battered fish fillet market, when its value decreased by -5.1% to $X. Over the period under review, the total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +68.8% against 2017 indices. Battered fish fillet consumption peaked at $X in 2020, and then dropped in the following year.

Battered Fish Fillet Production in Kazakhstan

In value terms, battered fish fillet production fell to $X in 2021 estimated in export price. In general, production, however, enjoyed a prominent increase. The growth pace was the most rapid in 2018 when the production volume increased by 40%. Battered fish fillet production peaked at $X in 2020, and then reduced in the following year.

Battered Fish Fillet Exports

Exports from Kazakhstan

In 2021, exports of fish fillets in batter or breadcrumbs from Kazakhstan shrank remarkably to X tons, with a decrease of -92% compared with 2020 figures. In general, exports showed a abrupt decrease. The pace of growth appeared the most rapid in 2015 when exports increased by 354%. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, battered fish fillet exports contracted sharply to $X in 2021. Over the period under review, exports showed a abrupt contraction. The pace of growth was the most pronounced in 2015 when exports increased by 415%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X tons) was the main destination for battered fish fillet exports from Kazakhstan, with a 72% share of total exports. Moreover, battered fish fillet exports to Russia exceeded the volume sent to the second major destination, Austria (X kg), threefold. The third position in this ranking was taken by Germany (X kg), with a 2.1% share.

From 2012 to 2021, the average annual growth rate of volume to Russia totaled +10.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+18.2% per year) and Germany (-15.5% per year).

In value terms, the largest markets for battered fish fillet exported from Kazakhstan were Russia ($X), Austria ($X) and Germany ($X), with a combined 99% share of total exports.

Among the main countries of destination, Austria, with a CAGR of +20.5%, 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 mixed trend patterns.

Export Prices by Country

In 2021, the average battered fish fillet export price amounted to $X per ton, declining by -28% against the previous year. Overall, the export price, however, saw modest growth. The growth pace was the most rapid in 2016 an increase of 65% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

Battered Fish Fillet Imports

Imports into Kazakhstan

In 2021, purchases abroad of fish fillets in batter or breadcrumbs increased by 28% to X tons, rising for the second year in a row after three years of decline. Over the period under review, imports, however, saw a abrupt setback. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, battered fish fillet imports skyrocketed to $X in 2021. Overall, imports, however, recorded a abrupt slump. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Russia (X tons) constituted the largest supplier of battered fish fillet to Kazakhstan, with a 63% share of total imports. Moreover, battered fish fillet imports from Russia exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. Thailand (X tons) ranked third in terms of total imports with an 8.2% share.

From 2012 to 2021, the average annual growth rate of volume from Russia totaled -3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+1.7% per year) and Thailand (-9.3% per year).

In value terms, Russia ($X) constituted the largest supplier of fish fillets in batter or breadcrumbs to Kazakhstan, comprising 72% of total imports. The second position in the ranking was taken by China ($X), with a 20% share of total imports. It was followed by Thailand, with a 6% share.

From 2012 to 2021, the average annual growth rate of value from Russia amounted to -8.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+4.1% per year) and Thailand (-12.4% per year).

Import Prices by Country

The average battered fish fillet import price stood at $X per ton in 2021, growing by 5% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 36%. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+25.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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