Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Turkey - 2024

Contents:

  1. Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Turkey (FOB) - 2022
  2. Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Turkey (CIF) - 2022
  3. Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Turkey
  4. Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Turkey

Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Turkey (FOB) - 2022

In 2022, the average export price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s amounted to $6,591 per ton, falling by -15.8% against the previous year. Over the period under review, the export price, however, enjoyed a moderate expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 68%. Over the period under review, the average export prices hit record highs at $10,132 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Italy ($8,208 per ton) and Russia ($7,948 per ton), while the average price for exports to Hong Kong SAR ($5,856 per ton) and Norway ($5,875 per ton) were amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Turkey (CIF) - 2022

The average import price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s stood at $6,200 per ton in 2022, with an increase of 8.4% against the previous year. Over the period under review, the import price recorded a buoyant increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 49% against the previous year. The import price peaked at $8,676 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($8,480 per ton), while the price for Spain ($3,778 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+20.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Turkey

In 2022, approx. 8.8 tons of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s were exported from Turkey; shrinking by -47.5% on the year before. Over the period under review, exports saw a precipitous decrease. The growth pace was the most rapid in 2021 when exports increased by 133% against the previous year.

In value terms, exports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s fell notably to $58K in 2022. Overall, exports recorded a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 140%.

Export of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Liberia2.33.46.210.163.8%
Marshall Islands2.22.06.66.543.5%
Italy13.80.36.34.1-33.3%
Singapore0.91.13.54.165.8%
Panama1.01.35.94.160.1%
Malta1.52.43.83.431.4%
Norway3.51.32.03.2-2.9%
Russia3.24.53.42.6-6.7%
Denmark2.40.21.82.0-5.9%
Bahamas0.30.71.81.985.0%
Portugal1.41.40.81.64.6%
Hong Kong SAR0.90.47.51.621.1%
Netherlands11.62.85.91.5-49.4%
Others14233.276.411.6-56.6%
Total18754.913258.2-32.2%

Top Export Markets for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) from Turkey in 2022:

  1. Liberia (1619.0 kg)
  2. Marshall Islands (1030.0 kg)
  3. Singapore (685.0 kg)
  4. Panama (629.0 kg)
  5. Malta (554.0 kg)
  6. Norway (545.0 kg)
  7. Italy (500.0 kg)
  8. Denmark (328.0 kg)
  9. Russia (327.0 kg)
  10. Bahamas (295.0 kg)
  11. Hong Kong SAR (278.0 kg)
  12. Netherlands (230.0 kg)
  13. Portugal (230.0 kg)

Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Turkey

For the third year in a row, Turkey recorded decline in supplies from abroad of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s, which decreased by -1.4% to 8.3 tons in 2022. In general, imports recorded a sharp decrease.

In value terms, imports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s expanded sharply to $51K in 2022. Overall, imports faced a dramatic descent.

Import of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands15.19.527.830.626.5%
China19011415.37.1-66.6%
GermanyN/AN/A1.65.1218.7%
Belgium0.65.2N/A4.697.2%
SpainN/AN/AN/A1.50%
Iceland31.722.5N/A1.2-66.4%
Greece0.60.61.70.810.1%
Others1.33.01.40.2-46.4%
Total23915547.951.2-40.2%

Top Suppliers of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) to Turkey in 2022:

  1. Netherlands (5.2 tons)
  2. China (1.0 tons)
  3. Germany (0.7 tons)
  4. Belgium (0.7 tons)
  5. Spain (0.4 tons)
  6. Greece (0.2 tons)
  7. Iceland (0.1 tons)

Source: IndexBox Market Intelligence Platform

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