Kazakhstan: Frozen Fish Meat Market 2024

Frozen Fish Meat Market Size in Kazakhstan

In 2021, the Kazakh frozen fish meat market increased by 236% to $X, rising for the second consecutive year after four years of decline. Overall, consumption enjoyed a buoyant expansion. Frozen fish meat consumption peaked in 2021 and is likely to continue growth in the immediate term.

Frozen Fish Meat Production in Kazakhstan

In value terms, frozen fish meat production contracted markedly to $X in 2021 estimated in export price. Overall, production saw a abrupt setback. The most prominent rate of growth was recorded in 2017 with an increase of 13%. Frozen fish meat production peaked at $X in 2020, and then reduced notably in the following year.

Frozen Fish Meat Exports

Exports from Kazakhstan

In 2021, exports of frozen fish meat from Kazakhstan dropped markedly to X tons, with a decrease of -28% compared with the previous year. Overall, exports, however, posted significant growth. The pace of growth was the most pronounced in 2016 with an increase of 398% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020, and then declined rapidly in the following year.

In value terms, frozen fish meat exports contracted to $X in 2021. In general, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when exports increased by 846%. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Russia (X tons) was the main destination for frozen fish meat exports from Kazakhstan, accounting for a 67% share of total exports. Moreover, frozen fish meat exports to Russia exceeded the volume sent to the second major destination, Kyrgyzstan (X tons), fourfold. The third position in this ranking was taken by France (X tons), with an 8.1% share.

From 2012 to 2021, the average annual growth rate of volume to Russia stood at +22.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+104.7% per year) and France (+31.5% per year).

In value terms, Russia ($X) emerged as the key foreign market for frozen fish meat exports from Kazakhstan, comprising 47% of total exports. The second position in the ranking was taken by France ($X), with a 16% share of total exports. It was followed by Poland, with a 7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia stood at +13.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+1.0% per year) and Poland (+29.9% per year).

Export Prices by Country

The average frozen fish meat export price stood at $X per ton in 2021, with an increase of 37% against the previous year. Over the period under review, the export price, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2016 an increase of 90% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Kyrgyzstan ($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 Russia (-7.4%), while the prices for the other major destinations experienced a decline.

Frozen Fish Meat Imports

Imports into Kazakhstan

In 2021, frozen fish meat imports into Kazakhstan skyrocketed to X tons, jumping by 280% against the previous year's figure. Overall, imports saw prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, frozen fish meat imports surged to $X in 2021. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Norway (X tons) constituted the largest supplier of frozen fish meat to Kazakhstan, accounting for a 83% share of total imports. Moreover, frozen fish meat imports from Norway exceeded the figures recorded by the second-largest supplier, Russia (X tons), more than tenfold. Iceland (X tons) ranked third in terms of total imports with a 2.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Norway stood at +31.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+13.6% per year) and Iceland (+22.6% per year).

In value terms, Norway ($X) constituted the largest supplier of frozen fish meat to Kazakhstan, comprising 86% of total imports. The second position in the ranking was held by Russia ($X), with a 4.8% share of total imports. It was followed by Iceland, with a 2.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Norway stood at +47.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+17.0% per year) and Iceland (+39.1% per year).

Import Prices by Country

In 2021, the average frozen fish meat import price amounted to $X per ton, increasing by 56% against the previous year. Overall, the import price posted a strong expansion. The pace of growth appeared the most rapid in 2016 an increase of 59%. The import price peaked in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+23.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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