Fresh Seafood - Tajikistan

Tajikistan

Highlights

Revenue in the Fresh Seafood market amounts to US$141.40m in 2024. The market is expected to grow annually by 9.24% (CAGR 2024-2029).
In global comparison, most revenue is generated United States (US$12bn in 2024).
In relation to total population figures, per person revenues of US$13.69 are generated in 2024.
In the Fresh Seafood market, volume is expected to amount to 4.23m kg by 2029. The Fresh Seafood market is expected to show a volume growth of 5.4% in 2025.0.
The average volume per person in the Fresh Seafood market is expected to amount to 0.4kg in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureMethodology

The Fresh Seafood Market in Tajikistan is experiencing subdued growth due to factors like limited seafood resources and low consumer awareness. Despite this, the market is still growing, driven by increasing demand for fresh and healthy seafood options in the country.

Customer preferences: In Tajikistan, there has been a noticeable shift in consumer preferences towards locally sourced and sustainable seafood options. This trend is driven by a growing awareness of the environmental impact of imported seafood, as well as a desire to support local fishermen and promote economic growth within the country. Additionally, there is a growing interest in seafood-based dishes and recipes, as Tajik cuisine continues to evolve and incorporate new flavors and ingredients. This shift towards sustainable and locally sourced seafood is also reflected in the growing popularity of seafood festivals and events, highlighting the cultural significance and value placed on fresh seafood in Tajikistan.

Trends in the market: In Tajikistan, the Fresh Seafood Market within the Fish & Seafood Market is experiencing a surge in demand for sustainable and organic seafood products. This trend is driven by increasing consumer awareness and concerns about the environmental impact of traditional fishing methods. As a result, there is a growing number of seafood retailers offering certified sustainable seafood options, and restaurants are incorporating sustainable seafood dishes on their menus. This trajectory is significant as it aligns with global efforts to promote sustainable fishing practices and has the potential to create new business opportunities for industry stakeholders. Additionally, this trend could also lead to a shift in consumer preferences towards more environmentally friendly seafood options, impacting the overall seafood market in Tajikistan.

Local special circumstances: In Tajikistan, the Fresh Seafood Market of the Fish & Seafood Market within The Food market is heavily influenced by its geographical location. Being a landlocked country, it heavily relies on imported seafood, leading to higher prices and limited availability. Additionally, cultural factors play a role in the types of seafood that are popular in the market, with a preference for freshwater fish over saltwater fish. Regulations also impact the market dynamics, with strict import regulations and limited infrastructure for cold storage and transportation. These factors create a unique market environment in Tajikistan, shaping the demand and supply of seafood.

Underlying macroeconomic factors: The Fresh Seafood Market of the Fish & Seafood Market within The Food market in Tajikistan is heavily influenced by macroeconomic factors such as global economic trends, national economic health, fiscal policies, and other relevant financial indicators. With a growing population and a steady increase in disposable income, Tajikistan has seen a rise in demand for seafood products, leading to a thriving market. However, challenges such as limited infrastructure, high import tariffs, and a lack of regulatory support can hinder market growth. On the other hand, countries with favorable economic conditions, supportive policies, and robust investment in the seafood industry are experiencing faster market growth. Additionally, the increasing awareness about the health benefits of seafood and the growing trend of healthy eating habits are also driving the demand for fresh seafood products in Tajikistan.

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.