Middle East: Frozen Fish Fillet Market 2020

Frozen Fish Fillet Market Size in Middle East

The revenue of the frozen fish fillet market in Middle East amounted to $X in 2017, lowering by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased an average annual rate of +X% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2014, when it surged by X% y-o-y. The level of frozen fish fillet consumption peaked of $X in 2016, and then declined slightly in the following year.

Frozen Fish Fillet Exports in Middle East

The exports amounted to X tons in 2017, surging by X% against the previous year. The frozen fish fillet exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015, with an increase of X% year-to-year. The volume of exports peaked in 2017, and are likely to continue its growth in the near future.

In value terms, frozen fish fillet exports totaled $X in 2017. The frozen fish fillet exports continue to indicate a strong expansion. Over the period under review, the frozen fish fillet exports reached its peak figure level in 2017, and are expected to retain its growth in the near future.

Frozen Fish Fillet Exports by Country in Middle East

Turkey prevails in frozen fish fillet exports structure, finishing at X tons, which was approx. X% of total exports in 2017. It was distantly followed by Saudi Arabia (X tons), mixed up X% share of total exports. The following exporters - Jordan (X tons) and the United Arab Emirates (X tons) together made up X% of total exports.

From 2007 to 2017, average annual rates of growth with regard to frozen fish fillet exports from Turkey stood at +X%. At the same time, Saudi Arabia (+X%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest growing exporter in Middle East, with a CAGR of +X% from 2007-2017. By contrast, Jordan (-X%) and the United Arab Emirates (-X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X%) increased significantly in terms of the global exports from 2007-2017, the share of Saudi Arabia (-X%) and Turkey (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest frozen fish fillet supplier in Middle East, making up X% of global exports. The second position in the ranking was occupied by Saudi Arabia ($X), with a X% share of global exports. It was followed by the United Arab Emirates, with a X% share.

In Turkey, frozen fish fillet exports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Saudi Arabia (-X% per year) and the United Arab Emirates (-X% per year).

Frozen Fish Fillet Export Prices by Country in Middle East

The frozen fish fillet export price in Middle East stood at $X per ton in 2017, picking up by X% against the previous year. The export price indicated a strong growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the frozen fish fillet export price decreased by -X% against 2014 indices. The pace of growth was the most pronounced in 2008, when the export prices increased by X% against the previous year. Over the period under review, the export prices for frozen fish fillets attained its peak figure level of $X per ton in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Turkey ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Turkey (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Frozen Fish Fillet Imports in Middle East

The imports totaled X tons in 2017, shrinking by -X% against the previous year. The frozen fish fillet imports continue to indicate a measured setback. The growth pace was the most rapid in 2015, when it surged by X% against the previous year. Over the period under review, the frozen fish fillet imports attained its maximum volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, frozen fish fillet imports amounted to $X in 2017. The frozen fish fillet imports continue to indicate a temperate curtailment. Over the period under review, the frozen fish fillet imports attained its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Frozen Fish Fillet Imports by Country in Middle East

In 2017, Israel (X tons), distantly followed by Saudi Arabia (X tons), the United Arab Emirates (X tons) and Turkey (X tons) represented the main importers of frozen fish fillets, together generating X% of total imports. The following importers - Lebanon (X tons), Jordan (X tons) and Kuwait (X tons) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Turkey (+X% per year), while the other leaders experienced a decline in the imports figures.

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

From 2007 to 2017, the average annual growth rate of value in Israel was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Saudi Arabia (-X% per year) and the United Arab Emirates (-X% per year).

Frozen Fish Fillet Import Prices by Country in Middle East

In 2017, the frozen fish fillet import price in Middle East amounted to $X per ton, increasing by X% against the previous year. The frozen fish fillet import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017, when it surged by X% y-o-y. The level of import price peaked of $X per ton in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Israel ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Israel (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform