Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Turkey - 2023
Contents:
- Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Turkey (FOB) - 2023
- Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Turkey (CIF) - 2022
- Exports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Turkey
- Imports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Turkey
Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Turkey (FOB) - 2023
The average export price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds stood at $7,447 per ton in December 2023, falling by -14.6% against the previous month. Over the period under review, the export price continues to indicate a mild decline. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 34% against the previous month. The export price peaked at $10,293 per ton in August 2023; however, from September 2023 to December 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($18,702 per ton), while the average price for exports to Ukraine ($4,314 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Turkey (CIF) - 2022
In 2022, the average import price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds amounted to $4,736 per ton, growing by 8.1% against the previous year. Overall, the import price, however, showed a mild slump. The most prominent rate of growth was recorded in 2015 when the average import price increased by 12% against the previous year. As a result, import price reached the peak level of $6,745 per ton. From 2016 to 2022, the average import prices remained at a 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 Vietnam ($17,357 per ton), while the price for Chile ($3,160 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Turkey
In 2022, the amount of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds exported from Turkey surged to 4.5K tons, increasing by 29% compared with the previous year. The total export volume increased at an average annual rate of +7.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds skyrocketed to $33M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +16.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.7% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 6.7 | 5.7 | 5.5 | 7.1 | 2.0% |
| South Korea | 0.2 | 0.3 | 2.5 | 5.9 | 209.0% |
| Spain | 3.0 | 2.9 | 3.3 | 5.5 | 22.4% |
| Sweden | 4.7 | 4.4 | 4.7 | 5.0 | 2.1% |
| France | 4.0 | 4.2 | 4.1 | 4.0 | 0.0% |
| China | 0.4 | 0.1 | 1.2 | 1.8 | 65.1% |
| Japan | 0.3 | 0.3 | 0.4 | 1.0 | 49.4% |
| United States | 0.5 | 0.5 | 0.8 | 0.8 | 17.0% |
| Others | 1.3 | 0.9 | 1.5 | 2.0 | 15.4% |
| Total | 21.0 | 19.3 | 24.0 | 33.1 | 16.4% |
Top Export Markets for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved from Turkey in 2022:
- Italy (1531.8 tons)
- Spain (855.9 tons)
- South Korea (636.6 tons)
- France (459.5 tons)
- Sweden (430.9 tons)
- China (200.5 tons)
- Japan (92.8 tons)
- United States (77.9 tons)
Imports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Turkey
After three years of growth, overseas purchases of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds decreased by -3.7% to 761 tons in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +11.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. As a result, imports reached the peak of 791 tons, and then reduced in the following year.
In value terms, imports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds totaled $3.6M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +17.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 42% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.
| Import of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 1,434 | 1,589 | 1,838 | 1,911 | 10.0% |
| Spain | 383 | 386 | 355 | 537 | 11.9% |
| Norway | 137 | 225 | 394 | 458 | 49.5% |
| Vietnam | 190 | 130 | 82.0 | 303 | 16.8% |
| Greece | N/A | 0.2 | 382 | 190 | 2982.2% |
| Others | 58.2 | 108 | 412 | 207 | 52.6% |
| Total | 2,201 | 2,439 | 3,465 | 3,605 | 17.9% |
Top Suppliers of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved to Turkey in 2022:
- Chile (604.7 tons)
- Spain (61.8 tons)
- Greece (35.2 tons)
- Norway (28.1 tons)
- Vietnam (17.4 tons)
476
This report provides an in-depth analysis of the market for prepared or preserved crab meat in Turkey.
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This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
476
This report provides an in-depth analysis of the market for prepared or preserved crab meat in Turkey.
509
This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
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