Slovakia: Frozen Catfish Fillets Market 2021

Frozen Catfish Fillets Market Size in Slovakia

In 2020, the Slovak frozen catfish fillets market decreased by -X% to $X for the first time since 2012, thus ending a seven-year rising trend. In general, consumption recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the market value increased by X% year-to-year. Over the period under review, the market attained the maximum level at $X in 2019, and then dropped remarkably in the following year.

Frozen Catfish Fillets Production in Slovakia

In value terms, frozen catfish fillets production fell remarkably to $X in 2020 estimated in export prices. Overall, production, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2019, and then declined sharply in the following year.

Frozen Catfish Fillets Exports

Exports from Slovakia

In 2020, exports of frozen catfish fillets from Slovakia expanded to X tons, increasing by X% against the previous year's figure. Over the period under review, exports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Over the period under review, exports hit record highs at X tons in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, frozen catfish fillets exports fell sharply to $X in 2020. Overall, exports, however, continue to indicate a deep reduction. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. Over the period under review, exports reached the maximum at $X in 2007; however, from 2008 to 2020, exports remained at a lower figure.

Exports by Country

Hungary (X tons) was the main destination for frozen catfish fillets exports from Slovakia, accounting for a X% share of total exports. Moreover, frozen catfish fillets exports to Hungary exceeded the volume sent to the second major destination, the Czech Republic (X tons), fourfold.

From 2007 to 2020, the average annual growth rate of volume to Hungary stood at -X%.

In value terms, Hungary ($X) remains the key foreign market for frozen catfish fillets exports from Slovakia, comprising X% of total exports. The second position in the ranking was occupied by the Czech Republic ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to Hungary totaled -X%.

Export Prices by Country

The average frozen catfish fillets export price stood at $X per ton in 2020, with a decrease of -X% against the previous year. In general, export price indicated a pronounced expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when the average export price increased by X% year-to-year. Over the period under review, average export prices hit record highs at $X per ton in 2019, and then contracted significantly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Hungary ($X per ton), while the average price for exports to the Czech Republic amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Hungary.

Frozen Catfish Fillets Imports

Imports into Slovakia

Frozen catfish fillets imports into Slovakia dropped notably to X tons in 2020, waning by -X% against the previous year. In general, imports recorded a deep slump. The most prominent rate of growth was recorded in 2013 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum at X tons in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, frozen catfish fillets imports declined significantly to $X in 2020. Over the period under review, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Imports peaked at $X in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Vietnam (X tons), Russia (X tons) and the Czech Republic (X tons) were the main suppliers of frozen catfish fillets imports to Slovakia, together comprising X% of total imports. These countries were followed by Germany, China, Kazakhstan and Hungary, which together accounted for a further X 2007 to 2020, the biggest increases were in Hungary (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), the Czech Republic ($X) and Russia ($X) were the largest frozen catfish fillets suppliers to Slovakia, together accounting for X% of total imports. Germany, Kazakhstan, China and Hungary lagged somewhat behind, together comprising a further X (+X% per year) saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average frozen catfish fillets import price amounted to $X per ton, dropping by -X% against the previous year. Over the period under review, import price indicated a notable expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, frozen catfish fillets import price decreased by -X% against 2018 indices. The growth pace was the most rapid in 2018 when the average import price increased by X% y-o-y. As a result, import price reached the peak level of $X per ton. from 2019 to 2020, the growth in terms of the average import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Russia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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