CIS: Battered Fish Fillet Market 2024

Battered Fish Fillet Market Size in CIS

The CIS battered fish fillet market was estimated at $X in 2023, stabilizing at the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2021; afterwards, it flattened through to 2023.

Battered Fish Fillet Production in CIS

In value terms, battered fish fillet production reached $X in 2023 estimated in export price. The total production indicated a temperate 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, production decreased by X% against 2021 indices. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, production reached the peak level at $X in 2021; afterwards, it flattened through to 2023.

Battered Fish Fillet Exports

Exports in CIS

After three years of decline, overseas shipments of fish fillets in batter or breadcrumbs increased by X% to X tons in 2023. Over the period under review, exports, however, showed a abrupt shrinkage. The volume of export peaked at X tons in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, battered fish fillet exports soared to $X in 2023. In general, exports, however, continue to indicate a perceptible descent. The level of export peaked 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. The following exporters - Armenia (X tons) and Kazakhstan (X tons) - each recorded a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to battered fish fillet exports from Russia stood at X%. At the same time, Armenia (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2023. Armenia (X p.p.) significantly strengthened its position in terms of the total exports, while Russia saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest battered fish fillet supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Armenia ($X), with a X% share of total exports.

In Russia, battered fish fillet exports decreased by an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Armenia (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

In 2023, the export price in the CIS amounted to $X per ton, with a decrease of X% against the previous year. Export price indicated a tangible 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, battered fish fillet export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2022, and then dropped in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Armenia ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Battered Fish Fillet Imports

Imports in CIS

In 2023, supplies from abroad of fish fillets in batter or breadcrumbs was finally on the rise to reach X tons after four years of decline. In general, imports, however, saw a abrupt decrease. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, battered fish fillet imports amounted to $X in 2023. Over the period under review, imports, however, faced a deep setback. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Russia (X tons) and Belarus (X tons) prevails in imports structure, together creating X% of total imports. It was distantly followed by Kazakhstan (X tons), creating a X% share of total imports. The following importers - Azerbaijan (X tons) and Moldova (X tons) - each finished at a X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Azerbaijan (with a CAGR of X%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the largest battered fish fillet importing markets in the CIS were Belarus ($X), Russia ($X) and Kazakhstan ($X), together comprising X% of total imports. Moldova and Azerbaijan lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Azerbaijan, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in the CIS stood at $X per ton in 2023, dropping by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2022 an increase of X%. As a result, import price reached the peak level of $X per ton, and then shrank in the following year.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in Moldova ($X per ton) and Belarus ($X per ton), while Azerbaijan ($X per ton) and Kazakhstan ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Azerbaijan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform