Extracts and juices of meat, fish and aquatic invertebrates market in Eastern Europe (including Northern Asia)

Earlier Report Observations

Between 2018 and 2023, the market volume for extracts and juices of meat, fish and aquatic invertebrates in Eastern Europe grew from 4 228 tonnes to 4 873 tonnes, with notable fluctuations. The initial increase to 4 718 tonnes in 2019 was supported by active involvement of state-owned companies in the extraction and processing of aquatic bioresources and a rising focus on aquaculture, which boosted domestic production.

Market growth continued in 2022, reaching 4 981 tonnes, as ongoing development of aquaculture and state investments in the fishery sector expanded production capacity. This helped offset the impact of international sanctions and supply chain disruptions on trade flows. However, in 2023, the total market volume declined slightly to 4 873 tonnes. This occurred despite a 34% surge in domestic production, driven by increased catches and investment in processing, because sanctions and logistical challenges caused a sharp 46% contraction in imports.

Looking ahead to 2024, the planned commissioning of new sea-based trout farms is expected to further increase domestic production of fish-based products. Over the full period, the expansion of aquaculture served as a key driver for the market, partially compensating for the volatile trade environment influenced by geopolitical factors.

Production extracts and juices of meat, fish and aquatic invertebrates in Eastern Europe (including Northern Asia)

In kind, 2017-2020, t

Top producers of extracts and juices of meat, fish and aquatic invertebrates, 2017-2020

World map of production of extracts and juices of meat, fish and aquatic invertebrates, 2017-2020

Following two years of growth, production of extracts and juices from meat, fish, and aquatic invertebrates in Eastern Europe (including Northern Asia) declined. In 2019, output reached its peak at 3 115 tonnes, but by 2020 it had fallen to 2 955 tonnes, marking a 5.1% decrease. Over the period from 2017 to 2020, production increased by 8.3% overall, which translates to an average annual growth rate of 2.7%. The most significant rise occurred in 2018, with a 12.5% increase.

Annual dynamics of production in Eastern Europe (including Northern Asia) in kind, 2017-2020, t

Exports extracts and juices of meat, fish and aquatic invertebrates from Eastern Europe (including Northern Asia)

Exports in kind, t

The market exhibited volatility during the observed period. Exports hit their lowest point in 2017 and peaked in 2018, with a 2.8-fold difference between these years. In 2020, Eastern Europe (including Northern Asia) exported 410 tonnes of extracts and juices from meat, fish, and aquatic invertebrates, representing an 11.6% increase compared to 2019. The highest export volume was recorded in 2018 at 529 tonnes. The largest decline occurred in 2019, dropping by 30.7%, while the most substantial increase was in 2018, surging by 177.3%.

Annual dynamics of product's exports from Eastern Europe (including Northern Asia) in kind, 2017-2020, t

From 2017 to 2020, three key markets—the United Kingdom, Denmark, and Ireland—collectively accounted for 61.5% of total exports in volume of extracts and juices from meat, fish, and aquatic invertebrates from Eastern Europe (including Northern Asia).

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Eastern Europe (including Northern Asia) in kind, 2017-2020

Exports in value, K $ US

In 2020, exports of extracts and juices from meat, fish, and aquatic invertebrates from Eastern Europe (including Northern Asia) amounted to 2 203 thousand US dollars, showing a 24.5% year-on-year increase. Between 2017 and 2020, exports grew by 62.8% overall, equivalent to an average annual rate of 17.6%. The largest decline was in 2019, with a 3.8% drop, while the most significant increase occurred in 2018, rising by 35.9%.

Annual dynamics of product's exports from Eastern Europe (including Northern Asia) in value, 2017-2020, K $ US

During 2017–2020, three main markets—the United Kingdom, Serbia, and Switzerland—together absorbed 53.5% of total exports in value terms of extracts and juices from meat, fish, and aquatic invertebrates from Eastern Europe (including Northern Asia).

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Eastern Europe (including Northern Asia) in value, 2017-2020

Imports extracts and juices of meat, fish and aquatic invertebrates to Eastern Europe (including Northern Asia)

Imports in kind, t

Imports of extracts and juices from meat, fish, and aquatic invertebrates into Eastern Europe (including Northern Asia) grew for the third consecutive year. In 2020, imports reached 2 182 tonnes, reflecting a strong 10.8% improvement compared to the previous year. From 2017 to 2020, imports increased by 51.2% overall, equating to an average annual growth rate of 14.8%.

Annual dynamics of product's imports to Eastern Europe (including Northern Asia) in kind, 2017-2020, t

From 2017 to 2020, the country structure of imports in volume was highly diversified. Italy, Austria, and Brazil together accounted for only 36.1% of total flows, with Italy contributing 31.3%, Austria 3.4%, and Brazil 1.4%. The remaining 63.9% was made up of a wide range of smaller markets.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Eastern Europe (including Northern Asia) in kind, 2017-2020

Imports in value, K $ US

Imports of extracts and juices from meat, fish, and aquatic invertebrates into Eastern Europe (including Northern Asia) continued to rise for the third year in a row. In 2020, import volume totalled 7 930 thousand US dollars, indicating a strong advance of 14.8% compared to 2019. Between 2017 and 2020, imports increased by 54.8% overall, translating to an average annual rate of 15.7%.

Annual dynamics of product's imports to Eastern Europe (including Northern Asia) in value, 2017-2020, K $ US

Over 2017–2020, imports in value terms of extracts and juices from meat, fish, and aquatic invertebrates to Eastern Europe (including Northern Asia) were characterised by a broad spread across markets. Italy, Brazil, and Germany together accounted for only 47.4% of total flows, with Italy at 21.5%, Brazil at 17.1%, and Germany at 8.8%.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Eastern Europe (including Northern Asia) in value, 2017-2020