Turkey - Smoked Herrings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSmoked Herring Price in Turkey - 2023
Contents:
- Smoked Herring Price in Turkey (CIF) - 2022
- Smoked Herring Price in Turkey (FOB) - 2022
- Smoked Herring Imports in Turkey
- Smoked Herring Exports in Turkey
Smoked Herring Price in Turkey (CIF) - 2022
The average smoked herring import price stood at $5,069 per ton in 2022, increasing by 11% against the previous year. Over the period under review, the import price, however, recorded a noticeable setback. The most prominent rate of growth was recorded in 2021 an increase of 19%. Over the period under review, average import prices attained the maximum at $6,467 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($5,205 per ton), while the price for the Netherlands amounted to $5,027 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.9%), while the prices for the other major suppliers experienced a decline.
Smoked Herring Price in Turkey (FOB) - 2022
In 2022, the average smoked herring export price amounted to $4,898 per ton, with an increase of 16% against the previous year. In general, the export price, however, saw a deep reduction. The pace of growth appeared the most rapid in 2017 when the average export price increased by 29%. The export price peaked at $8,264 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Cameroon ($5,114 per ton) and Antigua and Barbuda ($5,091 per ton), while the average price for exports to the UK ($4,595 per ton) and Singapore ($4,750 per ton) were amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cameroon (+22.7%), while the prices for the other major destinations experienced more modest paces of growth.
Smoked Herring Imports in Turkey
In 2022, smoked herring imports into Turkey soared to 2.2 tons, with an increase of 83% against 2021 figures. Overall, imports enjoyed prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, smoked herring imports soared to $11K in 2022. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Smoked Herring in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.4 | 0.2 | 0.4 | 8.4 | 175.9% |
| Germany | 0.1 | 0.1 | 0.7 | 2.7 | 200.0% |
| United Kingdom | 2.2 | 1.2 | 1.8 | N/A | -9.5% |
| Greece | 1.0 | 0.8 | 1.2 | N/A | 9.5% |
| Others | 2.1 | 1.3 | 1.3 | N/A | -21.3% |
| Total | 5.8 | 3.4 | 5.4 | 11.1 | 24.2% |
Top Suppliers of Smoked Herring to Turkey in 2022:
- Netherlands (1.7 tons)
- Germany (0.5 tons)
Smoked Herring Exports in Turkey
In 2022, exports of smoked herrings from Turkey soared to 1.7 tons, rising by 86% against 2021. In general, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 1,009% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, smoked herring exports soared to $8.5K in 2022. Overall, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 1,012% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Smoked Herring in Turkey (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Liberia | 68.0 | 679 | 383 | 1,807 | 198.4% |
| Panama | 20.0 | 853 | 401 | 1,207 | 292.2% |
| Malta | 52.0 | 473 | 841 | 1,205 | 185.1% |
| Russia | 41.0 | 300 | 391 | 1,032 | 193.1% |
| Marshall Islands | 42.0 | 239 | 825 | 981 | 185.9% |
| Portugal | N/A | 89.0 | 75.0 | 216 | 55.8% |
| Bahamas | 37.0 | 67.0 | 131 | 202 | 76.1% |
| United Kingdom | N/A | 129 | 172 | 193 | 22.3% |
| Cameroon | N/A | N/A | 25.0 | 179 | 616.0% |
| Antigua and Barbuda | 21.0 | 128 | 37.0 | 168 | 100.0% |
| Singapore | N/A | 80.0 | 95.0 | 152 | 37.8% |
| Gabon | N/A | N/A | N/A | 152 | 0% |
| Saint Kitts and Nevis | N/A | 41.0 | 84.0 | 151 | 91.9% |
| Others | 55.0 | 659 | 458 | 809 | 145.0% |
| Total | 336 | 3,737 | 3,918 | 8,454 | 193.0% |
Top Export Markets for Smoked Herring from Turkey in 2022:
- Liberia (373.0 kg)
- Malta (251.0 kg)
- Panama (240.0 kg)
- Russia (206.0 kg)
- Marshall Islands (202.0 kg)
- Portugal (44.0 kg)
- United Kingdom (42.0 kg)
- Bahamas (41.0 kg)
- Cameroon (35.0 kg)
- Antigua and Barbuda (33.0 kg)
- Singapore (32.0 kg)
- Saint Kitts and Nevis (30.0 kg)
- Gabon (30.0 kg)
This report provides an in-depth analysis of the smoked herring 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 10202455 - Smoked herrings (including fillets, excluding heads, tails and maws)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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