Belarus: Market for Prepared or Preserved Fish and Dishes other than Dried, Smoked, Salted or in Brine 2024

Market Size for Prepared or Preserved Fish and Dishes other than Dried, Smoked, Salted or in Brine in Belarus

After two years of growth, the Belarusian market for prepared or preserved fish and dishes other than dried, smoked, salted or in brine decreased by X% to $X in 2023. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2022, and then contracted in the following year.

Production of Prepared or Preserved Fish and Dishes other than Dried, Smoked, Salted or in Brine in Belarus

In value terms, production of prepared or preserved fish and dishes other than dried, smoked, salted or in brine declined modestly to $X in 2023 estimated in export price. Overall, the total production indicated noticeable growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, production of hit record highs at $X in 2022, and then dropped slightly in the following year.

Exports of Prepared or Preserved Fish and Dishes other than Dried, Smoked, Salted or in Brine

Exports from Belarus

Exports of prepared or preserved fish and dishes other than dried, smoked, salted or in brine from Belarus surged to X tons in 2023, picking up by X% against the year before. In general, exports posted a strong expansion. Over the period under review, the exports of attained the maximum at X tons in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, exports of prepared or preserved fish and dishes other than dried, smoked, salted or in brine skyrocketed to $X in 2023. Overall, exports recorded prominent growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X tons) was the main destination for exports of prepared or preserved fish and dishes other than dried, smoked, salted or in brine from Belarus, with a X% share of total exports. Moreover, exports of prepared or preserved fish and dishes other than dried, smoked, salted or in brine to Russia exceeded the volume sent to the second major destination, Ukraine (X tons), more than tenfold.

From 2012 to 2023, the average annual rate of growth in terms of volume to Russia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (X% per year) and Lithuania (X% per year).

In value terms, Russia ($X) remains the key foreign market for prepared or preserved fish and dishes other than dried, smoked, salted or in brine exports from Belarus, comprising X% of total exports. The second position in the ranking was taken by Ukraine ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (X% per year) and Lithuania (X% per year).

Export Prices by Country

The average export price for prepared or preserved fish and dishes other than dried, smoked, salted or in brine stood at $X per ton in 2023, declining by X% against the previous year. Overall, the export price saw a slight decline. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2023, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%), while the prices for the other major destinations experienced a decline.

Imports of Prepared or Preserved Fish and Dishes other than Dried, Smoked, Salted or in Brine

Imports into Belarus

In 2023, purchases abroad of prepared or preserved fish and dishes other than dried, smoked, salted or in brine was finally on the rise to reach X tons for the first time since 2020, thus ending a two-year declining trend. In general, imports recorded a relatively flat trend pattern. Imports peaked at X tons in 2018; however, from 2019 to 2023, imports remained at a lower figure.

In value terms, imports of prepared or preserved fish and dishes other than dried, smoked, salted or in brine soared to $X in 2023. Over the period under review, total imports indicated a slight expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2020 indices. Over the period under review, imports of reached the peak figure at $X in 2020; however, from 2021 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, Russia (X tons) constituted the largest prepared or preserved fish and dishes supplier to Belarus, accounting for a X% share of total imports. Moreover, imports of prepared or preserved fish and dishes other than dried, smoked, salted or in brine from Russia exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), eightfold. China (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Russia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (X% per year) and China (X% per year).

In value terms, the largest prepared or preserved fish and dishes suppliers to Belarus were Russia ($X), China ($X) and Ukraine ($X), with a combined X% share of total imports.

China, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 2023, the average import price for prepared or preserved fish and dishes other than dried, smoked, salted or in brine amounted to $X per ton, falling by X% against the previous year. Overall, import price indicated a slight expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, import price for prepared or preserved fish and dishes other than dried, smoked, salted or in brine increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2022 an increase of X%. As a result, import price reached the peak level of $X per ton, and then fell sharply in the following year.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Ukraine (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform