Price for Fish; Live, Ornamental, Other than Freshwater in Turkey - 2023

Contents:

  1. Price for Fish; Live, Ornamental, Other than Freshwater in Turkey (FOB) - 2022
  2. Price for Fish; Live, Ornamental, Other than Freshwater in Turkey (CIF) - 2022
  3. Exports of Fish; Live, Ornamental, Other than Freshwater in Turkey
  4. Imports of Fish; Live, Ornamental, Other than Freshwater in Turkey

Price for Fish; Live, Ornamental, Other than Freshwater in Turkey (FOB) - 2022

In 2022, the average export price for fish; live, ornamental, other than freshwater amounted to $141,443 per ton, with an increase of 1,060% against the previous year. Over the period under review, the export price recorded a buoyant expansion. 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 for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($373,060 per ton), while the average price for exports to Cyprus ($1,873 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+1,561.4%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Fish; Live, Ornamental, Other than Freshwater in Turkey (CIF) - 2022

In 2022, the average import price for fish; live, ornamental, other than freshwater amounted to $3,820 per ton, declining by -26.4% against the previous year. In general, the import price showed a deep downturn. The growth pace was the most rapid in 2020 when the average import price increased by 80% against the previous year. The import price peaked at $8,727 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sri Lanka ($8,034 per ton), while the price for Maldives ($1,844 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+2.9%), while the prices for the other major suppliers experienced a decline.

Exports of Fish; Live, Ornamental, Other than Freshwater in Turkey

In 2022, exports of fish; live, ornamental, other than freshwater from Turkey contracted rapidly to 3.5 tons, waning by -44.2% on the previous year. Overall, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 757%. As a result, the exports reached the peak of 6.3 tons, and then declined markedly in the following year.

In value terms, exports of fish; live, ornamental, other than freshwater surged to $494K in 2022. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 1,284%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Fish; Live, Ornamental, Other than Freshwater in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
QatarN/AN/AN/A3060%
UzbekistanN/AN/A36.9182393.2%
CyprusN/A0.84.93.9120.8%
United Arab EmiratesN/A4.732.81.8-38.1%
Netherlands33.2N/AN/AN/A0%
OthersN/AN/A1.81.0-44.4%
Total33.25.576.4494146.0%

Top Export Markets for Fish; Live, Ornamental, Other than Freshwater from Turkey in 2022:

  1. Cyprus (2073.0 kg)
  2. Qatar (820.0 kg)
  3. Uzbekistan (594.0 kg)
  4. United Arab Emirates (6.0 kg)

Imports of Fish; Live, Ornamental, Other than Freshwater in Turkey

Imports of fish; live, ornamental, other than freshwater into Turkey rose markedly to 46 tons in 2022, surging by 6.8% against 2021. Overall, imports recorded prominent growth. The pace of growth appeared the most rapid in 2021 when imports increased by 294% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of fish; live, ornamental, other than freshwater fell remarkably to $177K in 2022. In general, imports posted a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 189%. As a result, imports attained the peak of $225K, and then declined markedly in the following year.

Import of Fish; Live, Ornamental, Other than Freshwater in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands45.2N/A10685.923.9%
Indonesia21.625.955.869.247.4%
Kenya31.13.913.211.6-28.0%
Singapore28.48.612.32.8-53.8%
United StatesN/A9.83.32.1-53.7%
MaldivesN/AN/AN/A1.50%
Sri Lanka22.019.418.61.4-60.1%
MalaysiaN/A10.28.2N/A-19.6%
OthersN/AN/A7.22.3-68.1%
Total14877.92251776.1%

Top Suppliers of Fish; Live, Ornamental, Other than Freshwater to Turkey in 2022:

  1. Netherlands (22.5 tons)
  2. Indonesia (18.6 tons)
  3. Kenya (3.2 tons)
  4. Maldives (0.8 tons)
  5. United States (0.5 tons)
  6. Singapore (0.4 tons)
  7. Sri Lanka (0.2 tons)

Source: IndexBox Market Intelligence Platform

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