Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Turkey - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Turkey (FOB) - 2022
  2. Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Turkey (CIF) - 2022
  3. Exports of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Turkey
  4. Imports of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Turkey

Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Turkey (FOB) - 2022

In 2022, the average export price for fish fillets; frozen, haddock (melanogrammus aeglefinus)s amounted to $8,613 per ton, with an increase of 34% against the previous year. Over the period from 2015 to 2022, it increased at an average annual rate of +2.7%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($9,400 per ton), while the average price for exports to Malta ($7,300 per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+29.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Turkey (CIF) - 2022

In 2022, the average import price for fish fillets; frozen, haddock (melanogrammus aeglefinus)s amounted to $7,167 per ton, surging by 7% against the previous year. Overall, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fish fillets; frozen, haddock (melanogrammus aeglefinus)s increased by +70.6% against 2017 indices. The pace of growth was the most pronounced in 2015 an increase of 50%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for Iceland amounted to +5.6% per year.

Exports of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Turkey

In 2022, overseas shipments of fish fillets; frozen, haddock (melanogrammus aeglefinus)s decreased by -90.5% to 80 kg, falling for the second consecutive year after two years of growth. In general, exports recorded a dramatic setback. The most prominent rate of growth was recorded in 2020 with an increase of 90%. As a result, the exports attained the peak of 1.4 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of fish fillets; frozen, haddock (melanogrammus aeglefinus)s contracted remarkably to $689 in 2022. Overall, exports saw a sharp curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 102%. As a result, the exports reached the peak of $8.9K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Turkey (USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/A10690.0470110.6%
Liberia4131,358434146-29.3%
Malta16714058073.0-24.1%
Hong Kong SAR3361,445807N/A55.0%
Norway36859.0124N/A-42.0%
Antigua and BarbudaN/A448N/AN/A0%
Marshall Islands1,7731,0691,042N/A-23.3%
Bahamas220870217N/A-0.7%
Panama501713162N/A-43.1%
DenmarkN/A532310N/A-41.7%
Singapore2201,2321,174N/A131.0%
Others412943434N/A2.6%
Total4,4108,9155,374689-46.1%

Top Export Markets for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) from Turkey in 2022:

  1. Russia (50.0 kg)
  2. Liberia (20.0 kg)
  3. Malta (10.0 kg)

Imports of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Turkey

After three years of growth, overseas purchases of fish fillets; frozen, haddock (melanogrammus aeglefinus)s decreased by -95% to 90 kg in 2022. Over the period under review, imports recorded a significant decline. The pace of growth appeared the most rapid in 2020 when imports increased by 23%.

In value terms, imports of fish fillets; frozen, haddock (melanogrammus aeglefinus)s declined sharply to $645 in 2022. Overall, imports showed a significant curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 28% against the previous year.

Import of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2.01.81.20.6-33.1%
Norway0.60.51.1N/A35.4%
China1.42.32.8N/A41.4%
Germany0.20.30.8N/A100.0%
Iceland1.93.33.9N/A43.3%
Others2.62.92.1N/A-10.1%
Total8.611.012.00.6-58.8%

Top Suppliers of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) to Turkey in 2022:

  1. Netherlands (90.0 kg)

Source: IndexBox Market Intelligence Platform

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