Middle East: Market for Frozen And Fresh Or Chilled Skipjack Tuna 2024

Market Size for Frozen And Fresh Or Chilled Skipjack Tuna in the Middle East

In 2022, the Middle Eastern market for frozen and fresh or chilled skipjack tuna increased by X% to $X, rising for the third year in a row after two years of decline. The total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Production of Frozen And Fresh Or Chilled Skipjack Tuna in the Middle East

In value terms, production of frozen and fresh or chilled skipjack tuna rose remarkably to $X in 2022 estimated in export price. Over the period under review, production showed a strong increase. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. Over the period under review, production of attained the maximum level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Exports of Frozen And Fresh Or Chilled Skipjack Tuna

Exports in the Middle East

In 2022, shipments abroad of frozen and fresh or chilled skipjack tuna was finally on the rise to reach X tons after two years of decline. In general, exports continue to indicate a slight expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of frozen and fresh or chilled skipjack tuna surged to $X in 2022. Overall, exports enjoyed a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates dominates tuna structure, amounting to X tons, which was near X% of total exports in 2022. It was distantly followed by Oman (X tons), creating a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to frozen and fresh or chilled skipjack tuna exports from the United Arab Emirates stood at X%. At the same time, Oman (X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest frozen and fresh or chilled skipjack tuna supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by Oman ($X), with a X% share of total exports.

In the United Arab Emirates, exports of frozen and fresh or chilled skipjack tuna expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, rising by X% against the previous year. Export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for frozen and fresh or chilled skipjack tuna increased by X% against 2018 indices. The growth pace was the most rapid in 2013 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Oman amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%).

Imports of Frozen And Fresh Or Chilled Skipjack Tuna

Imports in the Middle East

Imports of frozen and fresh or chilled skipjack tuna skyrocketed to X tons in 2022, growing by X% against 2021 figures. Overall, imports posted a prominent increase. The pace of growth appeared the most rapid in 2014 when imports increased by X%. The volume of import peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, imports of frozen and fresh or chilled skipjack tuna soared to $X in 2022. In general, imports saw a pronounced expansion. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, imports of hit record highs at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

Turkey was the main importing country with an import of around X tons, which accounted for X% of total imports. Iran (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by the United Arab Emirates (X%).

Turkey was also the fastest-growing in terms of the frozen and fresh or chilled skipjack tuna imports, with a CAGR of X% from 2012 to 2022. At the same time, the United Arab Emirates (X%) displayed positive paces of growth. By contrast, Iran (X%) illustrated a downward trend over the same period. Turkey (X p.p.) and the United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total imports, while Iran saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Turkey ($X) constitutes the largest market for imported frozen and fresh or chilled skipjack tuna in the Middle East, comprising X% of total imports. The second position in the ranking was taken by Iran ($X), with a X% share of total imports.

In Turkey, imports of frozen and fresh or chilled skipjack tuna increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Iran (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price, however, continues to indicate a mild curtailment. The most prominent rate of growth was recorded 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 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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