Kazakhstan: Frozen Fish Market 2024

Frozen Fish Market Size in Kazakhstan

In 2022, the Kazakh frozen fish market increased by X% to $X, rising for the sixth year in a row after three years of decline. Over the period under review, the total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2016 indices. Frozen fish consumption peaked in 2022 and is likely to see steady growth in years to come.

Frozen Fish Production in Kazakhstan

In value terms, frozen fish production shrank slightly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Frozen Fish Exports

Exports from Kazakhstan

In 2022, overseas shipments of frozen fish decreased by X% to X tons, falling for the third consecutive year after six years of growth. Over the period under review, total exports indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, frozen fish exports declined to $X in 2022. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Russia (X tons) was the main destination for frozen fish exports from Kazakhstan, with a X% share of total exports. Moreover, frozen fish exports to Russia exceeded the volume sent to the second major destination, Germany (X tons), fourfold. The third position in this ranking was held by Lithuania (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Lithuania (X% per year).

In value terms, the largest markets for frozen fish exported from Kazakhstan were Germany ($X), Russia ($X) and Lithuania ($X), together accounting for X% of total exports. The Netherlands, Denmark, Poland, Azerbaijan, Georgia and Ukraine lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, the Netherlands, with a CAGR of X%, recorded the highest growth rate of 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

The average frozen fish export price stood at $X per ton in 2022, standing approx. at the previous year. In general, the export price, however, saw a perceptible descent. The pace of growth appeared the most rapid in 2015 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Georgia ($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 Azerbaijan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Fish Imports

Imports into Kazakhstan

In 2022, the amount of frozen fish imported into Kazakhstan dropped modestly to X tons, with a decrease of X% on the previous year. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2021, and then contracted modestly in the following year.

In value terms, frozen fish imports skyrocketed to $X in 2022. Overall, imports, however, posted a prominent expansion. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Norway (X tons), Russia (X tons) and Chile (X tons) were the main suppliers of frozen fish imports to Kazakhstan, with a combined X% share of total imports.

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

In value terms, Norway ($X) constituted the largest supplier of frozen fish to Kazakhstan, comprising X% of total imports. The second position in the ranking was taken by Russia ($X), with a X% share of total imports. It was followed by Chile, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Norway amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and Chile (X% per year).

Import Prices by Country

In 2022, the average frozen fish import price amounted to $X per ton, picking up by X% against the previous year. Overall, the import price showed a resilient expansion. The pace of growth was the most pronounced in 2018 when the average import price increased by X%. Over the period under review, average import prices attained 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 supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($X per ton), while the price for Latvia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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