Middle East: Frozen Catfish Market 2022

Frozen Catfish Market Size in the Middle East

The Middle Eastern frozen catfish market fell markedly to $X in 2020, reducing by -X% against the previous year. In general, consumption, however, continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. The level of consumption peaked at $X in 2017; however, from 2018 to 2020, consumption failed to regain the momentum.

Frozen Catfish Production in the Middle East

In value terms, frozen catfish production shrank rapidly to $X in 2020 estimated in export prices. Overall, production recorded a abrupt curtailment. The pace of growth was the most pronounced in 2018 when the production volume increased by X% y-o-y. The level of production peaked at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

Production By Country in the Middle East

Yemen (X tons) constituted the country with the largest volume of frozen catfish production, comprising approx. X% of total volume.

From 2007 to 2020, the average annual rate of growth in terms of volume in Yemen totaled +X%.

Frozen Catfish Exports

Exports in the Middle East

In 2020, the amount of frozen catfish exported in the Middle East surged to X tons, growing by X% against the previous year. In general, exports, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Over the period under review, exports reached the peak figure at X tons in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, frozen catfish exports surged to $X in 2020. Overall, exports, however, showed a deep contraction. The level of export peaked at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Turkey represented the main exporting country with an export of around X tons, which resulted at X% of total exports. Saudi Arabia (X tons) occupied the second position in the ranking, distantly followed by the United Arab Emirates (X tons). All these countries together took near X% share of total exports. The following exporters - Iran (X tons) and Oman (X tons) - together made up X% of total exports.

From 2007 to 2020, the biggest increases were in Saudi Arabia (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Saudi Arabia ($X) and the United Arab Emirates ($X) were the countries with the highest levels of exports in 2020, together comprising X% of total exports.

Saudi Arabia (+X% per year) recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the frozen catfish export price in the Middle East amounted to $X per ton, rising by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The level of export peaked at $X per ton in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Saudi Arabia ($X per ton), while Oman ($X per ton) was amongst the lowest.

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

Frozen Catfish Imports

Imports in the Middle East

In 2020, approx. X tons of frozen catfish were imported in the Middle East; with a decrease of -X% compared with the previous year. Over the period under review, imports, however, saw a strong expansion. The pace of growth appeared the most rapid in 2014 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

In value terms, frozen catfish imports declined sharply to $X in 2020. In general, imports, however, recorded buoyant growth. The pace of growth was the most pronounced in 2014 when imports increased by X% year-to-year. The level of import peaked at $X in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Saudi Arabia was the major importing country with an import of around X tons, which recorded X% of total imports. Qatar (X tons) took the second position in the ranking, distantly followed by Turkey (X tons) and the United Arab Emirates (X tons). All these countries together occupied near X% share of total imports. Israel (X tons) held a minor share of total imports.

Saudi Arabia was also the fastest-growing in terms of the frozen catfish imports, with a CAGR of +X% from 2007 to 2020. At the same time, Qatar (+X%), Israel (+X%), Turkey (+X%) and the United Arab Emirates (+X%) displayed positive paces of growth. Saudi Arabia (+X p.p.), Qatar (+X p.p.) and Turkey (+X p.p.) significantly strengthened its position in terms of the total imports, while the United Arab Emirates saw its share reduced by -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2020, the average annual growth rate of value in Saudi Arabia amounted to +X%. In the other countries, the average annual rates were as follows: Qatar (+X% per year) and Turkey (+X% per year).

Import Prices by Country

The frozen catfish import price in the Middle East stood at $X per ton in 2020, surging by X% against the previous year. Overall, the import price, however, showed a deep slump. Over the period under review, import prices reached the peak figure at $X per ton in 2007; however, from 2008 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Saudi Arabia ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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