Middle East: Frozen Tilapias Market 2022

Frozen Tilapias Market Size in the Middle East

The Middle Eastern frozen tilapias market contracted markedly to $X in 2020, with a decrease of -X% against the previous year. Overall, consumption, however, showed a pronounced setback. The most prominent rate of growth was recorded in 2012 when the market value increased by X% y-o-y. The level of consumption peaked at $X in 2015; however, from 2016 to 2020, consumption failed to regain the momentum.

Frozen Tilapias Production in the Middle East

In value terms, frozen tilapias production amounted to $X in 2020 estimated in export prices. Overall, production showed a prominent expansion. The pace of growth appeared the most rapid in 2011 when the production volume increased by X% year-to-year. As a result, production attained the peak level of $X. from 2012 to 2020, production growth failed to regain the momentum.

Production By Country in the Middle East

The country with the largest volume of frozen tilapias production was Turkey (X tons), comprising approx. X% of total volume.

From 2007 to 2020, the average annual rate of growth in terms of volume in Turkey stood at +X%.

Frozen Tilapias Exports

Exports in the Middle East

In 2020, the amount of frozen tilapias exported in the Middle East skyrocketed to X tons, growing by X% compared with 2019. Overall, exports saw a relatively flat trend pattern. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, frozen tilapias exports surged to $X in 2020. Over the period under review, exports enjoyed a moderate increase. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates represented the key exporter of frozen tilapias in the Middle East, with the volume of exports finishing at X tons, which was approx. X% of total exports in 2020. It was distantly followed by Saudi Arabia (X tons), mixing up a X% share of total exports. Bahrain (X tons) and Turkey (X tons) followed a long way behind the leaders.

The United Arab Emirates was also the fastest-growing in terms of the frozen tilapias exports, with a CAGR of +X% from 2007 to 2020. Bahrain experienced a relatively flat trend pattern. Turkey (-X%) and Saudi Arabia (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of the United Arab Emirates increased by +X% percentage points, while Turkey (-X p.p.) and Saudi Arabia (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In the United Arab Emirates, frozen tilapias exports expanded at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Saudi Arabia (-X% per year) and Turkey (+X% per year).

Export Prices by Country

In 2020, the frozen tilapias export price in the Middle East amounted to $X per ton, shrinking by -X% against the previous year. Overall, the export price, however, recorded pronounced growth. The growth pace was the most rapid in 2015 when the export price increased by X% against the previous year. Over the period under review, export prices hit record highs at $X per ton in 2016; however, from 2017 to 2020, export prices remained at a lower figure.

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

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

Frozen Tilapias Imports

Imports in the Middle East

Frozen tilapias imports contracted notably to X tons in 2020, declining by -X% against the previous year's figure. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2020, imports stood at a somewhat lower figure.

In value terms, frozen tilapias imports dropped significantly to $X in 2020. Over the period under review, imports, however, saw a pronounced setback. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2020, imports failed to regain the momentum.

Imports by Country

Saudi Arabia (X tons) and the United Arab Emirates (X tons) prevails in frozen tilapias imports structure, together achieving X% of total imports. It was distantly followed by Bahrain (X tons), Qatar (X tons) and Kuwait (X tons), together comprising an X% share of total imports. Iraq (X tons) and Jordan (X tons) followed a long way behind the leaders.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Iraq, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen tilapias importing markets in the Middle East were Saudi Arabia ($X), the United Arab Emirates ($X) and Bahrain ($X), together comprising X% of total imports. Qatar, Iraq, Kuwait and Jordan lagged somewhat behind, together comprising a further X saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The frozen tilapias import price in the Middle East stood at $X per ton in 2020, dropping by -X% against the previous year. In general, the import price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2014 an increase of X% year-to-year. The level of import peaked at $X per ton in 2007; however, from 2008 to 2020, import prices failed to regain the momentum.

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

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

Source: IndexBox Platform

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