Report Update Nov 1, 2024

Uzbekistan - Herrings (Prepared or Preserved) - Market Analysis, Forecast, Size, Trends and Insights

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Uzbekistan: Preserved Herring Market 2024

Preserved Herring Market Size in Uzbekistan

After five years of growth, the Uzbek preserved herring market decreased by -5.7% to $X in 2021. In general, consumption enjoyed a strong expansion. Over the period under review, the market reached the peak level at $X in 2020, and then declined in the following year.

Preserved Herring Production in Uzbekistan

In value terms, preserved herring production dropped to $X in 2021 estimated in export price. Over the period under review, production showed resilient growth. The pace of growth appeared the most rapid in 2018 with an increase of 43%. Over the period under review, production hit record highs at $X in 2020, and then reduced in the following year.

Preserved Herring Exports

Exports from Uzbekistan

Preserved herring exports from Uzbekistan totaled X kg in 2020, therefore, remained relatively stable against 2019. In general, exports saw a relatively flat trend pattern. The exports peaked in 2020 and are expected to retain growth in the near future.

In value terms, preserved herring exports totaled $X in 2020. Over the period under review, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports reached the maximum in 2020 and are likely to see gradual growth in the near future.

Exports by Country

Afghanistan (X kg) was the main destination for preserved herring exports from Uzbekistan, accounting for a approx. 100% share of total exports.

From 2020 to 2020, the average annual rate of growth in terms of volume to Afghanistan was relatively modest.

From 2020 to 2020, the average annual growth rate of value to Afghanistan was relatively modest.

Preserved Herring Imports

Imports into Uzbekistan

For the third consecutive year, Uzbekistan recorded growth in purchases abroad of herrings (prepared or preserved), which increased by 8.3% to X tons in 2021. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2019 with an increase of 130%. Over the period under review, imports reached the maximum in 2021 and are likely to see steady growth in the near future.

In value terms, preserved herring imports soared to $X in 2021. Over the period under review, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2019 when imports increased by 110%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in years to come.

Imports by Country

Belarus (X tons), Latvia (X tons) and Russia (X tons) were the main suppliers of preserved herring imports to Uzbekistan, together comprising 79% of total imports.

From 2017 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (with a CAGR of +56.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belarus ($X) constituted the largest supplier of herrings (prepared or preserved) to Uzbekistan, comprising 58% of total imports. The second position in the ranking was held by Russia ($X), with a 26% share of total imports. It was followed by Latvia, with a 7.8% share.

From 2017 to 2021, the average annual growth rate of value from Belarus amounted to +64.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+103.7% per year) and Latvia (+4.5% per year).

Import Prices by Country

The average preserved herring import price stood at $X per ton in 2021, rising by 51% against the previous year. In general, the import price showed a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+30.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for herrings (prepared or preserved) in the world?

China constituted the country with the largest volume of preserved herring consumption, comprising approx. 18% of total volume. Moreover, preserved herring consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 6.3% share.

What are the largest producers of herrings (prepared or preserved) in the world?

The country with the largest volume of preserved herring production was China, comprising approx. 18% of total volume. Moreover, preserved herring production in China exceeded the figures recorded by the second-largest producer, India, twofold. The United States ranked third in terms of total production with a 6% share.

What are the leading suppliers of herrings (prepared or preserved) to Uzbekistan?

In value terms, Belarus constituted the largest supplier of preserved herring to Uzbekistan, comprising 63% of total imports. The second position in the ranking was occupied by Russia, with a 28% share of total imports.

What is the average export price for herrings (prepared or preserved) in Uzbekistan?

In 2020, the average preserved herring export price amounted to $6,000 per ton, approximately reflecting the previous year.

What is the average import price for herrings (prepared or preserved) in Uzbekistan?

In 2021, the average preserved herring import price amounted to $1,830 per ton, falling by -4.9% against the previous year.

This report provides an in-depth analysis of the preserved herring market in Uzbekistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10202520 - Prepared or preserved herrings, whole or in pieces (excluding minced products and prepared meals and dishes)

Country coverage:

Uzbekistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Uzbekistan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023