The smoked fish market in Slovakia expanded steadily, reaching 1,252.5 thousand kilograms by 2023. Post-2016, the market witnessed fluctuations, particularly significant growth in 2017 and 2018, before a dip in 2019 and 2020. Over the last two years, the market recovered, exhibiting a 12.76% growth in 2022, and a moderate 3.65% in 2023. The compound annual growth rate (CAGR) for the past five years stood at 1.44%, indicating a gradual positive trend.
Future trends to watch:
- Potential market stabilization or modest growth based on recent trends.
- Rising health consciousness may increase demand for smoked fish as a healthier protein source.
- Import and cost factors influencing supply chain efficiency and market pricing.
How does Slovakia rank in Smoked Fish Market Size Volume?
| # | 8 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 73,606,000 | 2023 | +1.35% | +1.57% | View data |
| 2 | 2 France | 33,525,000 | 2023 | -3.2% | -3.61% | View data |
| 3 | 3 Italy | 22,670,000 | 2023 | +3.82% | +1.93% | View data |
| 4 | 4 Spain | 15,740,000 | 2023 | +3.52% | -0.64% | View data |
| 5 | 5 Belgium | 6,153,400 | 2023 | -5.28% | -2.13% | View data |
| 6 | 6 Austria | 2,507,700 | 2023 | -0.23% | -1.59% | View data |
| 7 | 7 Ireland | 1,365,700 | 2023 | -2.27% | -3.96% | View data |
| 8 | 8 Slovakia | 1,252,500 | 2023 | +3.65% | +1.44% |
