Middle East: Market for Prepared or Preserved Fish and Dishes other than Dried, Smoked, Salted or in Brine 2024

Market Size for Prepared or Preserved Fish and Dishes other than Dried, Smoked, Salted or in Brine in the Middle East

In 2023, after two years of decline, there was significant growth in the Middle Eastern market for prepared or preserved fish and dishes other than dried, smoked, salted or in brine, when its value increased by X% to $X. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2020; however, from 2021 to 2023, consumption stood at a somewhat lower figure.

Production of Prepared or Preserved Fish and Dishes other than Dried, Smoked, Salted or in Brine in the Middle East

In value terms, production of prepared or preserved fish and dishes other than dried, smoked, salted or in brine rose modestly to $X in 2023 estimated in export price. The total production indicated notable growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.

Exports of Prepared or Preserved Fish and Dishes other than Dried, Smoked, Salted or in Brine

Exports in the Middle East

After two years of growth, overseas shipments of prepared or preserved fish and dishes other than dried, smoked, salted or in brine decreased by X% to X tons in 2023. Total exports indicated a tangible expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2022 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons, and then declined significantly in the following year.

In value terms, exports of prepared or preserved fish and dishes other than dried, smoked, salted or in brine dropped to $X in 2023. Total exports indicated a remarkable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2022 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then dropped in the following year.

Exports by Country

Turkey was the main exporter of prepared or preserved fish and dishes other than dried, smoked, salted or in brine in the Middle East, with the volume of exports finishing at X tons, which was near X% of total exports in 2023. Oman (X tons) held the second position in the ranking, followed by the United Arab Emirates (X tons), Saudi Arabia (X tons) and Iran (X tons). All these countries together took near X% share of total exports. The following exporters - Bahrain (X tons) and Israel (X tons) - each finished at a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to prepared or preserved fish and dishes exports from Turkey stood at X%. At the same time, Bahrain (X%), Saudi Arabia (X%) and Israel (X%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2023. By contrast, Iran (X%), the United Arab Emirates (X%) and Oman (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Turkey, Bahrain and Saudi Arabia increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest prepared or preserved fish and dishes supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by Oman ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Turkey totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Oman (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

In 2023, the export price in the Middle East amounted to $X per ton, surging by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. The level of export peaked in 2023 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Oman (X%), while the other leaders experienced more modest paces of growth.

Imports of Prepared or Preserved Fish and Dishes other than Dried, Smoked, Salted or in Brine

Imports in the Middle East

After two years of decline, purchases abroad of prepared or preserved fish and dishes other than dried, smoked, salted or in brine increased by X% to X tons in 2023. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2020; however, from 2021 to 2023, imports failed to regain momentum.

In value terms, imports of prepared or preserved fish and dishes other than dried, smoked, salted or in brine expanded significantly to $X in 2023. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by X%. Over the period under review, imports of hit record highs at $X in 2020; however, from 2021 to 2023, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates (X tons), Yemen (X tons), Israel (X tons) and Saudi Arabia (X tons) represented roughly X% of total imports in 2023. Jordan (X tons) took the next position in the ranking, followed by Lebanon (X tons). All these countries together held near X% share of total imports. Iraq (X tons), Kuwait (X tons), Syrian Arab Republic (X tons), Oman (X tons), Turkey (X tons) and Qatar (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest prepared or preserved fish and dishes importing markets in the Middle East were Israel ($X), the United Arab Emirates ($X) and Saudi Arabia ($X), with a combined X% share of total imports. Yemen, Jordan, Lebanon, Kuwait, Iraq, Qatar, Turkey, Oman and Syrian Arab Republic lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Turkey, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in the Middle East amounted to $X per ton, remaining stable against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Israel ($X per ton), while Syrian Arab Republic ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Qatar (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform