Eastern Europe: Preserved Salmon Market 2024

Preserved Salmon Market Size in Eastern Europe

The East European preserved salmon market contracted to $X in 2023, which is down by X% against the previous year. The total consumption indicated perceptible 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, consumption increased by X% against 2017 indices. As a result, consumption attained the peak level of $X, and then contracted in the following year.

Preserved Salmon Production in Eastern Europe

In value terms, preserved salmon production dropped to $X in 2023 estimated in export price. The total production indicated a measured increase 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 2017 indices. The growth pace was the most rapid in 2018 when the production volume increased by X%. The level of production peaked at $X in 2022, and then dropped slightly in the following year.

Preserved Salmon Exports

Exports in Eastern Europe

In 2023, approx. X tons of salmon (prepared or preserved) were exported in Eastern Europe; remaining relatively unchanged against 2022. Over the period under review, exports saw prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2022 to 2023, the growth of the exports failed to regain momentum.

In value terms, preserved salmon exports surged to $X in 2023. In general, exports showed a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Poland dominates exports structure, resulting at X tons, which was approx. X% of total exports in 2023. It was distantly followed by Latvia (X tons), committing a X% share of total exports. The Czech Republic (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to preserved salmon exports from Poland stood at X%. At the same time, the Czech Republic (X%) and Latvia (X%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. Poland (X p.p.) and the Czech Republic (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest preserved salmon supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Latvia ($X), with a X% share of total exports.

In Poland, preserved salmon exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Latvia (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2023, surging by X% against the previous year. Export price indicated a tangible increase from 2012 to 2023: its price 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, preserved salmon export price increased by X% against 2021 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while Latvia ($X per ton) was amongst the lowest.

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

Preserved Salmon Imports

Imports in Eastern Europe

In 2023, overseas purchases of salmon (prepared or preserved) decreased by X% to X tons, falling for the second year in a row after three years of growth. Overall, imports, however, saw prominent growth. The growth pace was the most rapid in 2015 with an increase of X%. The volume of import peaked at X tons in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, preserved salmon imports reduced to $X in 2023. In general, imports, however, continue to indicate buoyant growth. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

The Czech Republic (X tons), Ukraine (X tons), Latvia (X tons), Romania (X tons), Slovakia (X tons) and Poland (X tons) represented roughly X% of total imports in 2023. It was distantly followed by Estonia (X tons), mixing up 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 Ukraine (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest preserved salmon importing markets in Eastern Europe were the Czech Republic ($X), Romania ($X) and Slovakia ($X), with a combined X% share of total imports. Ukraine, Latvia, Poland and Estonia lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Ukraine, 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 more modest paces of growth.

Import Prices by Country

In 2023, the import price in Eastern Europe amounted to $X per ton, picking up by X% against the previous year. Import price indicated perceptible growth from 2012 to 2023: its price 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, preserved salmon import price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. The level of import peaked in 2023 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Slovakia ($X per ton), while Latvia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform