Middle East: Frozen Freshwater Fish Market 2024

Frozen Freshwater Fish Market Size in the Middle East

The Middle Eastern frozen freshwater fish market reduced to $X in 2022, which is down by X% against the previous year. In general, consumption, however, saw tangible growth. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Frozen Freshwater Fish Production in the Middle East

In value terms, frozen freshwater fish production stood at $X in 2022 estimated in export price. Overall, production, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Frozen Freshwater Fish Exports

Exports in the Middle East

For the third consecutive year, the Middle East recorded growth in overseas shipments of frozen freshwater fish, which increased by X% to X tons in 2022. In general, exports enjoyed a prominent increase. The pace of growth was the most pronounced in 2020 when exports increased by X%. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, frozen freshwater fish exports surged to $X in 2022. Overall, exports saw a buoyant expansion. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

Oman (X tons) and Iran (X tons) were the largest exporters of frozen freshwater fish in 2022, accounting for approx. X% and X% of total exports, respectively. Yemen (X tons) held the next position in the ranking, followed by Turkey (X tons) and the United Arab Emirates (X tons). All these countries together held near X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Iran (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Oman ($X), Iran ($X) and Yemen ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Among the main exporting countries, Iran, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, surging by X% against the previous year. Export price indicated a moderate increase 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. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (X%), while the other leaders experienced more modest paces of growth.

Frozen Freshwater Fish Imports

Imports in the Middle East

In 2022, approx. X tons of frozen freshwater fish were imported in the Middle East; falling by X% against 2021 figures. Total imports indicated a strong increase from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then shrank markedly in the following year.

In value terms, frozen freshwater fish imports dropped sharply to $X in 2022. Total imports indicated a pronounced expansion 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. The pace of growth appeared the most rapid in 2015 with an increase of X%. The level of import peaked at $X in 2021, and then reduced notably in the following year.

Imports by Country

The United Arab Emirates (X tons) and Saudi Arabia (X tons) represented roughly X% of total imports in 2022. Oman (X tons) held the next position in the ranking, followed by Kuwait (X tons), Jordan (X tons) and Qatar (X tons). All these countries together held approx. X% share of total imports. Iraq (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Iraq (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Saudi Arabia ($X) and Kuwait ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Jordan, Oman, Qatar and Iraq lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Iraq, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, growing by X% against the previous year. Overall, the import price, however, recorded a mild setback. The most prominent rate of growth was recorded in 2020 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Jordan ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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