Turkey - Frozen Tilapias - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Turkey - Frozen Tilapias - Market Analysis, Forecast, Size, Trends And Insights

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Frozen Tilapias Price in Turkey - 2023

Contents:

  1. Frozen Tilapias Price in Turkey (FOB) - 2022
  2. Frozen Tilapias Price in Turkey (CIF) - 2022
  3. Frozen Tilapias Exports in Turkey
  4. Frozen Tilapias Imports in Turkey

Frozen Tilapias Price in Turkey (FOB) - 2022

The average frozen tilapias export price stood at $3,084 per ton in 2022, picking up by 27% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $3,381 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Greece ($3,350 per ton) and Marshall Islands ($3,241 per ton), while the average price for exports to Italy ($2,768 per ton) and Singapore ($2,868 per ton) were amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Tilapias Price in Turkey (CIF) - 2022

In 2022, the average frozen tilapias import price amounted to $2,990 per ton, increasing by 14% against the previous year. Over the period from 2015 to 2022, it increased at an average annual rate of +3.2%. The most prominent rate of growth was recorded in 2021 an increase of 17% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($3,574 per ton) and Brazil ($2,927 per ton), while the price for Germany ($2,692 per ton) and the Netherlands ($2,733 per ton) were amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Frozen Tilapias Exports in Turkey

In 2022, overseas shipments of frozen tilapias decreased by -46.4% to 32 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 241%.

In value terms, frozen tilapias exports dropped markedly to $99K in 2022. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 214%.

Export of Frozen Tilapias in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Marshall Islands2.57.334.524.1112.8%
Malta3.711.331.021.680.1%
Liberia3.68.429.120.478.3%
Panama1.36.317.412.2110.9%
Greece0.53.48.76.1130.2%
Singapore0.21.74.22.9143.8%
Italy0.41.93.62.584.2%
Others3.07.517.49.647.4%
Total15.247.814699.487.0%

Top Export Markets for Frozen Tilapias from Turkey in 2022:

  1. Marshall Islands (7.4 tons)
  2. Malta (6.9 tons)
  3. Liberia (6.8 tons)
  4. Panama (4.0 tons)
  5. Greece (1.8 tons)
  6. Singapore (1.0 tons)
  7. Italy (0.9 tons)

Frozen Tilapias Imports in Turkey

In 2022, the amount of frozen tilapias imported into Turkey dropped to 37 tons, waning by -7.9% against the previous year's figure. Over the period under review, imports, however, saw prominent growth. The growth pace was the most rapid in 2021 when imports increased by 100% against the previous year. As a result, imports attained the peak of 41 tons, and then fell in the following year.

In value terms, frozen tilapias imports stood at $112K in 2022. Overall, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 134%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Import of Frozen Tilapias in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China31.516.137.038.26.6%
Vietnam5.79.027.728.671.2%
Germany14.713.914.216.94.8%
Netherlands6.61.614.514.931.2%
Brazil0.14.612.713.1407.9%
OthersN/A0.1N/AN/A0%
Total58.645.310611224.1%

Top Suppliers of Frozen Tilapias to Turkey in 2022:

  1. China (10.7 tons)
  2. Vietnam (10.5 tons)
  3. Germany (6.3 tons)
  4. Netherlands (5.5 tons)
  5. Brazil (4.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the frozen tilapias market in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.

Product coverage:

    Country coverage:

    • Turkey

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in Turkey
    • Export and import prices
    • Market trends, drivers and restraints
    • Key market players and their profiles

    Reasons to buy this report:

    • Take advantage of the latest data
    • Find deeper insights into current market developments
    • Discover vital success factors affecting the market

    This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

    In this report, you can find information that helps you to make informed decisions on the following issues:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. How to prepare your business for global expansion

    While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 5. MOST PROMISING SUPPLYING COUNTRIES

      Choosing the Best Countries to Establish Your Sustainable Supply Chain

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023
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