Slovakia: Market for Fish Fillets and Other Fish Meat 2024

Market Size for Fish Fillets and Other Fish Meat in Slovakia

The Slovak market for fish fillets and other fish meat fell remarkably to $X in 2022, which is down by -21% against the previous year. Over the period under review, the total consumption indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2021, and then declined dramatically in the following year.

Production of Fish Fillets and Other Fish Meat in Slovakia

In value terms, production of fish fillets and other fish meat fell modestly to $X in 2022 estimated in export price. In general, production faced a deep slump. The growth pace was the most rapid in 2021 when the production volume increased by 7%. Over the period under review, production of attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Fish Fillets and Other Fish Meat

Exports from Slovakia

For the third year in a row, Slovakia recorded growth in shipments abroad of fish fillets and other fish meat, which increased by 35% to X tons in 2022. Overall, exports posted prominent growth. The growth pace was the most rapid in 2013 with an increase of 277%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, exports of fish fillets and other fish meat skyrocketed to $X in 2022. In general, exports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2013 when exports increased by 187% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

The Czech Republic (X tons), Hungary (X tons) and Slovenia (X tons) were the main destinations of exports of fish fillets and other fish meat from Slovakia, with a combined 96% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovenia (with a CAGR of +37.4%), while the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Hungary ($X) and Slovenia ($X) were the largest markets for fish fillets and other fish meat exported from Slovakia worldwide, together comprising 96% of total exports.

Slovenia, with a CAGR of +34.3%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for fish fillets and other fish meat stood at $X per ton in 2022, surging by 6.6% against the previous year. Overall, the export price, however, showed a abrupt contraction. The pace of growth was the most pronounced in 2021 an increase of 18%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to Slovenia ($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 Slovenia (-2.2%), while the prices for the other major destinations experienced a decline.

Imports of Fish Fillets and Other Fish Meat

Imports into Slovakia

Imports of fish fillets and other fish meat into Slovakia reduced to X tons in 2022, which is down by -10.9% against 2021. The total import volume increased at an average annual rate of +2.5% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2013 with an increase of 39% against the previous year. Over the period under review, imports of hit record highs at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of fish fillets and other fish meat declined to $X in 2022. Over the period under review, total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +5.5% against 2020 indices. The pace of growth appeared the most rapid in 2013 with an increase of 22% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2021, and then fell in the following year.

Imports by Country

The Czech Republic (X tons), China (X tons) and Germany (X tons) were the main suppliers of imports of fish fillets and other fish meat to Slovakia, with a combined 53% share of total imports. Russia, the United States, Poland, Norway, Denmark, Argentina, Ireland and Vietnam lagged somewhat behind, together accounting for a further 37%.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of +34.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) constituted the largest supplier of fish fillets and other fish meat to Slovakia, comprising 27% of total imports. The second position in the ranking was held by China ($X), with a 12% share of total imports. It was followed by Poland, with a 9.7% share.

From 2012 to 2022, the average annual growth rate of value from the Czech Republic stood at +19.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+0.7% per year) and Poland (+26.3% per year).

Import Prices by Country

In 2022, the average import price for fish fillets and other fish meat amounted to $X per ton, approximately mirroring the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The pace of growth was the most pronounced in 2014 an increase of 24% against the previous year. The import price peaked at $X per ton in 2021, and then dropped modestly in the following year.

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 Norway ($X per ton), while the price for Ireland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :