Middle East: Frozen Catfish Fillets Market 2021

Frozen Catfish Fillets Market Size in the Middle East

The Middle Eastern frozen catfish fillets market reduced markedly to $X in 2020, with a decrease of -X% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X. from 2019 to 2020, the growth of the market remained at a somewhat lower figure.

Frozen Catfish Fillets Production in the Middle East

In value terms, frozen catfish fillets production fell remarkably to $X in 2020 estimated in export prices. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of X% y-o-y. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2020, production remained at a lower figure.

Production By Country in the Middle East

Turkey (X tons) remains the largest frozen catfish fillets producing country in the Middle East, comprising approx. X% of total volume. Moreover, frozen catfish fillets production in Turkey exceeded the figures recorded by the second-largest producer, Saudi Arabia (X tons), twofold.

In Turkey, frozen catfish fillets production remained relatively stable over the period from 2007-2020. In the other countries, the average annual rates were as follows: Saudi Arabia (+X% per year) and Yemen (+X% per year).

Frozen Catfish Fillets Exports

Exports in the Middle East

In 2020, approx. X tons of frozen catfish fillets were exported in the Middle East; with an increase of X% against the previous year's figure. Over the period under review, exports recorded tangible growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure at X tons in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

In value terms, frozen catfish fillets exports declined to $X in 2020. Overall, exports saw a remarkable increase. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. The level of export peaked at $X in 2018; however, from 2019 to 2020, exports remained at a lower figure.

Exports by Country

Turkey was the main exporting country with an export of around X tons, which accounted for X% of total exports. The United Arab Emirates (X tons) took a X% share (based on tons) of total exports, which put it in second place, followed by Jordan (X%).

Turkey was also the fastest-growing in terms of the frozen catfish fillets exports, with a CAGR of +X% from 2007 to 2020. At the same time, the United Arab Emirates (+X%) displayed positive paces of growth. By contrast, Jordan (-X%) illustrated a downward trend over the same period. Turkey (+X p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates and Jordan saw its share reduced by -X% and -X% from 2007 to 2020, respectively.

In value terms, Turkey ($X) emerged as the largest frozen catfish fillets supplier in the Middle East, comprising X% of total exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total exports.

In Turkey, frozen catfish fillets exports increased at an average annual rate of +X% over the period from 2007-2020. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (+X% per year) and Jordan (-X% per year).

Export Prices by Country

The frozen catfish fillets export price in the Middle East stood at $X per ton in 2020, waning by -X% against the previous year. Overall, the export price, however, posted a notable expansion. The pace of growth appeared the most rapid in 2018 when the export price increased by X% year-to-year. Over the period under review, export prices attained the peak figure at $X per ton in 2019, and then contracted notably in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2020, the country with the highest price was Jordan ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Jordan, while the other leaders experienced mixed trends in the export price figures.

Frozen Catfish Fillets Imports

Imports in the Middle East

Frozen catfish fillets imports contracted sharply to X tons in 2020, declining by -X% on the previous year's figure. Over the period under review, imports recorded a noticeable decline. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. The volume of import peaked at X tons in 2014; however, from 2015 to 2020, imports remained at a lower figure.

In value terms, frozen catfish fillets imports shrank notably to $X in 2020. Overall, imports continue to indicate a mild decline. The most prominent rate of growth was recorded in 2018 when imports increased by X% y-o-y. The level of import peaked at $X in 2014; however, from 2015 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, the United Arab Emirates (X tons) was the main importer of frozen catfish fillets, committing X% of total imports. It was distantly followed by Saudi Arabia (X tons), Jordan (X tons), Oman (X tons), Bahrain (X tons), Lebanon (X tons) and Israel (X tons), together achieving a X% share of total imports.

From 2007 to 2020, average annual rates of growth with regard to frozen catfish fillets imports into the United Arab Emirates stood at -X%. At the same time, Bahrain (+X%), Oman (+X%) and Saudi Arabia (+X%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +X% from 2007-2020. Jordan experienced a relatively flat trend pattern. By contrast, Israel (-X%) and Lebanon (-X%) illustrated a downward trend over the same period. Saudi Arabia (+X p.p.), Bahrain (+X p.p.), Oman (+X p.p.) and Jordan (+X p.p.) significantly strengthened its position in terms of the total imports, while the United Arab Emirates and Lebanon saw its share reduced by -X% and -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported frozen catfish fillets in the Middle East, comprising X% of total imports. The second position in the ranking was occupied by Saudi Arabia ($X), with a X% share of total imports. It was followed by Jordan, with a X% share.

In the United Arab Emirates, frozen catfish fillets imports shrank by an average annual rate of -X% over the period from 2007-2020. The remaining importing countries recorded the following average annual rates of imports growth: Saudi Arabia (+X% per year) and Jordan (+X% per year).

Import Prices by Country

The frozen catfish fillets import price in the Middle East stood at $X per ton in 2020, picking up by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. from 2019 to 2020, the growth in terms of the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the United Arab Emirates ($X per ton), while Bahrain ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Saudi Arabia, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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