CIS: Market for Fresh Or Chilled Salmonoids Fillets 2024

Market Size for Fresh Or Chilled Salmonoids Fillets in CIS

The CIS market for fresh or chilled salmonoids fillets skyrocketed to $X in 2023, increasing by X% against the previous year. Over the period under review, consumption saw a pronounced expansion. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2023, consumption remained at a lower figure.

Production of Fresh Or Chilled Salmonoids Fillets in CIS

In value terms, fresh or chilled salmonoids fillets production contracted to $X in 2023 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2023, production failed to regain momentum.

Exports of Fresh Or Chilled Salmonoids Fillets

Exports in CIS

In 2023, fresh or chilled salmonoids fillets exports in the CIS skyrocketed to X tons, increasing by X% against the previous year. Over the period under review, exports posted a prominent expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The volume of export peaked at X tons in 2016; however, from 2017 to 2023, the exports stood at a somewhat lower figure.

In value terms, fresh or chilled salmonoids fillets exports amounted to $X in 2023. In general, exports recorded strong growth. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Russia dominates exports structure, reaching X tons, which was near X% of total exports in 2023. Belarus (X tons), Armenia (X tons) and Kazakhstan (X tons) took a minor share of total exports.

Russia was also the fastest-growing in terms of the fresh or chilled salmonoids fillets exports, with a CAGR of X% from 2012 to 2023. Armenia (X%), Belarus (X%) and Kazakhstan (X%) illustrated a downward trend over the same period. Russia (X p.p.) and Armenia (X p.p.) significantly strengthened its position in terms of the total exports, while Belarus and Kazakhstan saw its share reduced by X% and X% from 2012 to 2023, respectively.

In value terms, Russia ($X) remains the largest fresh or chilled salmonoids fillets supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Belarus ($X), with a X% share of total exports. It was followed by Kazakhstan, with a X% share.

In Russia, fresh or chilled salmonoids fillets exports expanded at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Belarus (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

The export price in the CIS stood at $X per ton in 2023, with a decrease of X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2020; however, from 2021 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Armenia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the other leaders experienced a decline in the export price figures.

Imports of Fresh Or Chilled Salmonoids Fillets

Imports in CIS

In 2023, after two years of decline, there was significant growth in supplies from abroad of fresh or chilled salmonoids fillets, when their volume increased by X% to X tons. Over the period under review, imports continue to indicate a buoyant increase. The volume of import peaked at X tons in 2014; however, from 2015 to 2023, imports failed to regain momentum.

In value terms, fresh or chilled salmonoids fillets imports declined to $X in 2023. Overall, imports continue to indicate tangible growth. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2023, Russia (X tons) was the main importer of fresh or chilled salmonoids fillets in the CIS, mixing up X% of total import.

Russia was also the fastest-growing in terms of the fresh or chilled salmonoids fillets imports, with a CAGR of X% from 2012 to 2023. From 2012 to 2023, the share of Russia increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported fresh or chilled salmonoids fillets in the CIS.

From 2012 to 2023, the average annual rate of growth in terms of value in Russia totaled X%.

Import Prices by Country

The import price in the CIS stood at $X per ton in 2023, declining by X% against the previous year. Overall, the import price faced a abrupt curtailment. The most prominent rate of growth was recorded in 2016 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2022, and then dropped dramatically in the following year.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2023, the rate of growth in terms of prices for Russia amounted to X% per year.

Source: IndexBox Platform