Report Update May 1, 2024

Turkey - Frozen Atlantic Halibut - Market Analysis, Forecast, Size, Trends and Insights

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Turkey: Frozen Atlantic Halibut Market 2022

Frozen Atlantic Halibut Market Size in Turkey

In 2020, after four years of decline, there was significant growth in the Turkish frozen atlantic halibut market, when its value increased by X% to $X. Over the period under review, consumption, however, recorded a abrupt setback. Over the period under review, the market attained the maximum level at $X in 2010; however, from 2011 to 2020, consumption stood at a somewhat lower figure.

Frozen Atlantic Halibut Production in Turkey

In value terms, frozen atlantic halibut production totaled $X in 2020 estimated in export prices. Overall, production saw a sharp descent. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2020, production failed to regain the momentum.

Frozen Atlantic Halibut Exports

Exports from Turkey

In 2020, approx. X kg of frozen atlantic halibut were exported from Turkey; shrinking by -X% on the previous year. Overall, exports continue to indicate a sharp downturn. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, exports reached the maximum at X tons in 2013; however, from 2014 to 2020, exports stood at a somewhat lower figure.

In value terms, frozen atlantic halibut exports dropped rapidly to $X in 2020. Over the period under review, exports saw a precipitous decline. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Exports peaked at $X in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

Exports by Country

Norway (X kg) was the main destination for frozen atlantic halibut exports from Turkey, accounting for a X% share of total exports. Moreover, frozen atlantic halibut exports to Norway exceeded the volume sent to the second major destination, Panama (X kg), fivefold. The third position in this ranking was occupied by Liberia (X kg), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to Norway was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (X% per year) and Liberia (X% per year).

It was followed by Liberia, with a X% share.

From 2007 to 2019, the average annual growth rate of value to Norway was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (X% per year) and Liberia (X% per year).

Export Prices by Country

In 2019, the average frozen atlantic halibut export price amounted to $X per ton, remaining stable against the previous year. Over the period under review, the export price continues to indicate a noticeable downturn. As a result, export price attained the peak level of $X per ton. from 2010 to 2019, the growth in terms of the average export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2019, the countries with the highest prices were Liberia ($X per ton) and Panama ($X per ton), while the average price for exports to Norway ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Norway, while the prices for the other major destinations experienced more modest paces of growth.

Frozen Atlantic Halibut Imports

Imports into Turkey

In 2020, purchases abroad of frozen atlantic halibut decreased by -X% to X kg, falling for the fifth consecutive year after three years of growth. Overall, imports showed a sharp downturn. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Imports peaked at X tons in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, frozen atlantic halibut imports reduced dramatically to $X in 2020. Over the period under review, imports showed a dramatic curtailment. The pace of growth was the most pronounced in 2010 when imports increased by X% y-o-y. As a result, imports attained the peak of $X. from 2011 to 2020, the growth imports remained at a lower figure.

Imports by Country

In 2020, the Netherlands (X kg) constituted the largest supplier of frozen atlantic halibut to Turkey, accounting for a X% share of total imports. Moreover, frozen atlantic halibut imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Norway (X kg), threefold.

From 2007 to 2020, the average annual growth rate of volume from the Netherlands stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (-X% per year) and Germany (-X% per year).

In value terms, the largest frozen atlantic halibut suppliers to Turkey were the Netherlands ($X), Norway ($X) and Germany ($X terms of the main suppliers, the Netherlands saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2020, the average frozen atlantic halibut import price amounted to $X per ton, picking up by X% against the previous year. Overall, the import price posted strong growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Norway ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen atlantic halibut in the world?

The countries with the highest volumes of frozen atlantic halibut consumption in 2020 were China, Denmark and Japan, with a combined 74% share of global consumption.

What are the largest producers of frozen atlantic halibut in the world?

The country with the largest volume of frozen atlantic halibut production was Denmark, comprising approx. 42% of total volume. Moreover, frozen atlantic halibut production in Denmark exceeded the figures recorded by the second-largest producer, Canada, twofold. The third position in this ranking was occupied by Norway, with a 13% share.

What are the leading suppliers of frozen atlantic halibut to Turkey?

In value terms, the largest frozen atlantic halibut suppliers to Turkey were the Netherlands $690), Norway $607) and Germany $119).

What are the leading importers of frozen atlantic halibut from Turkey?

It was followed by Liberia, with a 3.9% share.

What is the average export price for frozen atlantic halibut in Turkey?

In 2019, the average frozen atlantic halibut export price amounted to $2,134 per ton, stabilizing at the previous year.

What is the average import price for frozen atlantic halibut in Turkey?

In 2020, the average frozen atlantic halibut import price amounted to $9,433 per ton, with an increase of 62% against the previous year.

This report provides an in-depth analysis of the frozen atlantic halibut market in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.

Product coverage:

Country coverage:

Turkey

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Turkey
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023