Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Turkey - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Turkey (CIF) - 2022
  2. Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Turkey (FOB) - 2022
  3. Imports of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Turkey
  4. Exports of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Turkey

Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Turkey (CIF) - 2022

The average import price for fish fillets; frozen, coalfish (pollachius virens)s stood at $6,090 per ton in 2022, surging by 58% against the previous year. Overall, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Norway ($6,190 per ton), while the price for Faroe Islands ($5,870 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Faroe Islands (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Turkey (FOB) - 2022

In 2022, the average export price for fish fillets; frozen, coalfish (pollachius virens)s amounted to $6,644 per ton, picking up by 62% against the previous year. In general, export price indicated buoyant growth from 2013 to 2022: its price increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cyprus ($7,272 per ton), while the average price for exports to Portugal ($3,596 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Marshall Islands (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Turkey

In 2022, supplies from abroad of fish fillets; frozen, coalfish (pollachius virens)s was finally on the rise to reach 2.2K tons after two years of decline. In general, imports, however, faced a abrupt setback.

In value terms, imports of fish fillets; frozen, coalfish (pollachius virens)s soared to $13M in 2022. Over the period under review, imports, however, showed a noticeable reduction.

Import of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iceland11.910.71.09.0-8.9%
Norway2.51.20.93.916.0%
Faroe Islands0.20.50.50.535.7%
OthersN/AN/AN/AN/A0%
Total14.712.52.513.5-2.8%

Top Suppliers of Fish Fillets; Frozen, Coalfish (Pollachius Virens) to Turkey in 2022:

  1. Iceland (1487.4 tons)
  2. Norway (627.6 tons)
  3. Faroe Islands (93.5 tons)

Exports of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Turkey

In 2022, the amount of fish fillets; frozen, coalfish (pollachius virens)s exported from Turkey skyrocketed to 15 tons, rising by 140% compared with the previous year's figure. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 173%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of fish fillets; frozen, coalfish (pollachius virens)s surged to $100K in 2022. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cyprus9.321.78.690.1113.2%
Liberia0.31.10.11.985.0%
Panama0.30.30.31.049.4%
Malta0.20.40.11.071.0%
Marshall IslandsN/A0.2N/A1.0123.6%
PortugalN/A0.3N/A0.973.2%
IraqN/AN/A4.0N/A0%
AzerbaijanN/A2.3N/AN/A0%
GeorgiaN/AN/A12.3N/A0%
Others1.21.70.54.454.2%
Total11.327.925.8100106.8%

Top Export Markets for Fish Fillets; Frozen, Coalfish (Pollachius Virens) from Turkey in 2022:

  1. Cyprus (12.4 tons)
  2. Liberia (0.5 tons)
  3. Portugal (0.3 tons)
  4. Panama (0.3 tons)
  5. Malta (0.3 tons)
  6. Marshall Islands (0.3 tons)

Source: IndexBox Market Intelligence Platform

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