Ukraine: Market for Herring, Salted Or In Brine 2025

Market Size for Herring, Salted Or In Brine in Ukraine

The Ukrainian market for herring, salted or in brine dropped to $X in 2022, which is down by -12.6% against the previous year. Overall, consumption saw a pronounced shrinkage. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Production of Herring, Salted Or In Brine in Ukraine

In value terms, herring, salted or in brine production dropped to $X in 2022 estimated in export price. Over the period under review, production saw a deep downturn. The growth pace was the most rapid in 2016 with an increase of 57%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Exports of Herring, Salted Or In Brine

Exports from Ukraine

In 2022, herring, salted or in brine exports from Ukraine fell notably to X tons, which is down by -51.2% on 2021 figures. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 615%. The exports peaked at X tons in 2021, and then plummeted in the following year.

In value terms, herring, salted or in brine exports declined dramatically to $X in 2022. Overall, exports, however, saw a prominent increase. The pace of growth was the most pronounced in 2019 when exports increased by 606% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Moldova (X tons) was the main destination for herring, salted or in brine exports from Ukraine, with a 70% share of total exports. Moreover, herring, salted or in brine exports to Moldova exceeded the volume sent to the second major destination, Israel (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Moldova totaled +61.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (+165.1% per year) and Germany (+70.2% per year).

In value terms, Moldova ($X) emerged as the key foreign market for herring, salted or in brine exports from Ukraine, comprising 61% of total exports. The second position in the ranking was taken by Israel ($X), with a 16% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Moldova amounted to +53.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (+138.4% per year) and Germany (+62.2% per year).

Export Prices by Country

The average export price for herring, salted or in brine stood at $X per ton in 2022, dropping by -3.2% against the previous year. Overall, the export price continues to indicate a deep contraction. The growth pace was the most rapid in 2016 when the average export price increased by 17% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Israel ($X per ton), while the average price for exports to Moldova ($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 Australia (-0.8%), while the prices for the other major destinations experienced a decline.

Imports of Herring, Salted Or In Brine

Imports into Ukraine

In 2022, purchases abroad of herring, salted or in brine decreased by -20.2% to X tons for the first time since 2016, thus ending a five-year rising trend. In general, imports, however, saw a significant expansion. The growth pace was the most rapid in 2014 when imports increased by 156% against the previous year. Imports peaked at X tons in 2021, and then contracted rapidly in the following year.

In value terms, herring, salted or in brine imports contracted to $X in 2022. Overall, imports, however, showed a significant increase. The growth pace was the most rapid in 2013 when imports increased by 152% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, Norway (X tons) constituted the largest supplier of herring, salted or in brine to Ukraine, with a 85% share of total imports. Moreover, herring, salted or in brine imports from Norway exceeded the figures recorded by the second-largest supplier, the UK (X tons), sixfold.

From 2012 to 2022, the average annual growth rate of volume from Norway stood at +84.1%.

In value terms, Norway ($X) constituted the largest supplier of herring, salted or in brine to Ukraine, comprising 86% of total imports. The second position in the ranking was held by the UK ($X), with a 14% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Norway stood at +88.3%.

Import Prices by Country

The average import price for herring, salted or in brine stood at $X per ton in 2022, with an increase of 8.5% against the previous year. In general, the import price, however, recorded a noticeable descent. The most prominent rate of growth was recorded in 2016 an increase of 16% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably 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 the UK amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+10.9%).

Source: IndexBox Platform

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