Turkey - Molluscs (Scallops, Mussels, Cuttle Fish, Squid And Octopus) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Turkey - Molluscs (Scallops, Mussels, Cuttle Fish, Squid And Octopus) - Market Analysis, Forecast, Size, Trends And Insights

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Molluscs Price in Turkey - 2023

Contents:

  1. Molluscs Price in Turkey (CIF) - 2023
  2. Molluscs Price in Turkey (FOB) - 2023
  3. Molluscs Imports in Turkey
  4. Molluscs Exports in Turkey

Molluscs Price in Turkey (CIF) - 2023

In September 2023, the average molluscs import price amounted to $5,369 per ton, with an increase of 15% against the previous month. In general, the import price, however, recorded a mild downturn. The import price peaked at $6,915 per ton in November 2022; however, from December 2022 to September 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Malaysia ($5,841 per ton), while the price for Russia ($1,062 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Ecuador (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Molluscs Price in Turkey (FOB) - 2023

In September 2023, the average molluscs export price amounted to $4,349 per ton, declining by -6.6% against the previous month. Overall, the export price saw a pronounced decrease. The most prominent rate of growth was recorded in February 2023 an increase of 31% m-o-m. The export price peaked at $6,521 per ton in September 2022; however, from October 2022 to September 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In September 2023, the countries with the highest prices were Liberia ($5,222 per ton) and Panama ($4,406 per ton), while the average price for exports to Marshall Islands ($3,482 per ton) and Italy ($3,706 per ton) were amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Liberia (+3.8%), while the prices for the other major destinations experienced mixed trend patterns.

Molluscs Imports in Turkey

In 2022, the amount of molluscs (scallops, mussels, cuttle fish, squid and octopus) imported into Turkey surged to 6.1K tons, picking up by 102% compared with the year before. Over the period under review, imports enjoyed a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, molluscs imports surged to $39M in 2022. Overall, imports recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 105%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Molluscs in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
MalaysiaN/A1.516.833.9375.4%
Chile0.80.50.31.728.6%
China8.53.00.70.5-61.1%
Indonesia1.00.4N/A0.1-53.6%
Thailand0.90.7N/AN/A-22.2%
India1.80.50.3N/A-59.2%
Others1.92.81.02.813.8%
Total14.99.319.139.037.8%

Top Suppliers of Molluscs to Turkey in 2022:

  1. Indonesia (undefinedK tons)
  2. India (undefinedK tons)
  3. Malaysia (5.1K tons)
  4. Chile (0.5K tons)
  5. China (0.1K tons)

Molluscs Exports in Turkey

In 2022, overseas shipments of molluscs (scallops, mussels, cuttle fish, squid and octopus) decreased by -38% to 594 tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a mild descent. The most prominent rate of growth was recorded in 2020 with an increase of 57% against the previous year. As a result, the exports attained the peak of 961 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, molluscs exports dropped dramatically to $3.6M in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +9.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 47% against the previous year.

Export of Molluscs in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece1,4502,6003,3822,00511.4%
OmanN/AN/AN/A5370%
Italy32038155651317.0%
Spain15732329382.8-19.2%
Malta16.543.354.274.465.2%
Liberia9.344.349.968.494.5%
Marshall Islands13.842.845.555.659.1%
Panama10.030.934.642.061.3%
Cyprus13758.530.226.6-42.1%
Others609470500179-33.5%
Total2,7233,9944,9453,5849.6%

Top Export Markets for Molluscs from Turkey in 2022:

  1. Greece (343.2 tons)
  2. Italy (80.3 tons)
  3. Oman (49.4 tons)
  4. Malta (19.3 tons)
  5. Liberia (18.0 tons)
  6. Marshall Islands (15.8 tons)
  7. Spain (12.5 tons)
  8. Cyprus (10.7 tons)
  9. Panama (9.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the molluscs 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 2030.

Product coverage:

  • Prodcom 10203200 - Molluscs (scallops, mussels, cuttle fish, squid and octopus), frozen, dried, smoked, salted or in brine

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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