Slovakia: Frozen Fish Meat Market 2025

Frozen Fish Meat Market Size in Slovakia

The Slovak frozen fish meat market skyrocketed to $X in 2021, rising by 36% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, saw a mild slump. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Frozen Fish Meat Exports

Exports from Slovakia

In 2021, shipments abroad of frozen fish meat was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports saw a strong expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 863%. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, frozen fish meat exports surged to $X in 2021. Overall, exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2013 when exports increased by 671% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

Hungary (X tons) was the main destination for frozen fish meat exports from Slovakia, with a 59% share of total exports. Moreover, frozen fish meat exports to Hungary exceeded the volume sent to the second major destination, the Czech Republic (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume to Hungary totaled +12.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+48.3% per year) and Slovenia (-7.0% per year).

In value terms, the Czech Republic ($X), Hungary ($X) and Slovenia ($X) were the largest markets for frozen fish meat exported from Slovakia worldwide, with a combined 99% share of total exports.

In terms of the main countries of destination, the Czech Republic, with a CAGR of +55.7%, 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 frozen fish meat export price amounted to $X per ton, rising by 67% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Slovenia ($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 the Czech Republic (+5.0%), while the prices for the other major destinations experienced a decline.

Frozen Fish Meat Imports

Imports into Slovakia

In 2021, the amount of frozen fish meat imported into Slovakia soared to X tons, growing by 62% on the previous year. In general, imports, however, saw a noticeable curtailment. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, frozen fish meat imports soared to $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by 58%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, the Czech Republic (X tons) constituted the largest frozen fish meat supplier to Slovakia, accounting for a 51% share of total imports. Moreover, frozen fish meat imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Ireland (X tons), fourfold. The third position in this ranking was held by Austria (X tons), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Czech Republic amounted to +23.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Ireland (-3.2% per year) and Austria (+179.3% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of frozen fish meat to Slovakia, comprising 48% of total imports. The second position in the ranking was held by Germany ($X), with a 23% share of total imports. It was followed by Austria, with a 15% share.

From 2012 to 2021, the average annual growth rate of value from the Czech Republic amounted to +21.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+38.2% per year) and Austria (+169.0% per year).

Import Prices by Country

The average frozen fish meat import price stood at $X per ton in 2021, waning by -23.7% against the previous year. Over the period under review, import price indicated measured growth from 2012 to 2021: its price increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 an increase of 29%. As a result, import price attained the peak level of $X per ton, and then contracted significantly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Ireland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+21.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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