Turkey: Market for Frozen Atlantic Salmon And Danube Salmon 2022

Market Size for Frozen Atlantic Salmon And Danube Salmon in Turkey

The Turkish market for frozen atlantic salmon and danube salmon skyrocketed to $X in 2021, picking up by X% against the previous year. Overall, consumption enjoyed prominent growth. Consumption of peaked in 2021 and is likely to see gradual growth in years to come.

Production of Frozen Atlantic Salmon And Danube Salmon in Turkey

In value terms, production of frozen atlantic salmon and danube salmon expanded significantly to $X in 2021 estimated in export price. In general, the total production indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Over the period under review, production of attained the peak level at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Exports of Frozen Atlantic Salmon And Danube Salmon

Exports from Turkey

For the fifth year in a row, Turkey recorded decline in shipments abroad of frozen atlantic salmon and danube salmon, which decreased by -X% to X tons in 2021. Over the period under review, exports saw a abrupt downturn. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of frozen atlantic salmon and danube salmon expanded sharply to $X in 2021. Overall, exports faced a deep slump. The most prominent rate of growth was recorded in 2016 when exports increased by X%. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Cyprus (X tons) was the main destination for exports of frozen atlantic salmon and danube salmon from Turkey, with a X% share of total exports. Moreover, exports of frozen atlantic salmon and danube salmon to Cyprus exceeded the volume sent to the second major destination, Marshall Islands (X tons), fourfold. The third position in this ranking was taken by Panama (X tons), with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Cyprus amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Marshall Islands (+X% per year) and Panama (+X% per year).

In value terms, Cyprus ($X) remains the key foreign market for frozen atlantic salmon and danube salmon exports from Turkey, comprising X% of total exports. The second position in the ranking was taken by Panama ($X), with a X% share of total exports. It was followed by Marshall Islands, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Cyprus amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (+X% per year) and Marshall Islands (+X% per year).

Export Prices by Country

The average export price for frozen atlantic salmon and danube salmon stood at $X per ton in 2021, growing by X% against the previous year. Over the period under review, export price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for frozen atlantic salmon and danube salmon decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Cyprus ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+X%), while the prices for the other major destinations experienced a decline.

Imports of Frozen Atlantic Salmon And Danube Salmon

Imports into Turkey

Imports of frozen atlantic salmon and danube salmon into Turkey soared to X tons in 2021, with an increase of X% against the previous year's figure. In general, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Imports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, imports of frozen atlantic salmon and danube salmon surged to $X in 2021. Over the period under review, imports enjoyed a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Norway (X tons) constituted the largest frozen atlantic salmon and danube salmon supplier to Turkey, accounting for a X% share of total imports. Moreover, imports of frozen atlantic salmon and danube salmon from Norway exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), ninefold.

From 2012 to 2021, the average annual growth rate of volume from Norway stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Canada (+X% per year).

In value terms, Norway ($X) constituted the largest supplier of frozen atlantic salmon and danube salmon to Turkey, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Norway amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Canada (+X% per year).

Import Prices by Country

The average import price for frozen atlantic salmon and danube salmon stood at $X per ton in 2021, rising by X% against the previous year. Overall, import price indicated temperate growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, 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 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+X%), while the prices for the other major suppliers experienced a decline.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :