Turkey: Market for Frozen Crabs And Crabs Meat 2024

Market Size for Frozen Crabs And Crabs Meat in Turkey

The Turkish market for frozen crabs and crabs meat shrank dramatically to $X in 2023, waning by X% against the previous year. Overall, consumption, however, showed prominent growth. Frozen crab and crab meat consumption peaked at $X in 2022, and then reduced markedly in the following year.

Production of Frozen Crabs And Crabs Meat in Turkey

In value terms, frozen crab and crab meat production reduced modestly to $X in 2023 estimated in export price. In general, production saw resilient growth. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. Frozen crab and crab meat production peaked at $X in 2020; however, from 2021 to 2023, production failed to regain momentum.

Exports of Frozen Crabs And Crabs Meat

Exports from Turkey

In 2023, frozen crab and crab meat exports from Turkey surged to X tons, with an increase of X% against the year before. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

In value terms, frozen crab and crab meat exports soared to $X in 2023. Overall, exports enjoyed resilient growth. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for frozen crab and crab meat exports from Turkey, with a X% share of total exports. Moreover, frozen crab and crab meat exports to the United States exceeded the volume sent to the second major destination, Italy (X tons), sevenfold. The third position in this ranking was taken by Cyprus (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to the United States stood at X.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Cyprus (X% per year).

In value terms, the United States ($X) emerged as the key foreign market for frozen crabs and crabs meat exports from Turkey, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with an X% share of total exports. It was followed by Israel, with a X% share.

From 2012 to 2023, the average annual growth rate of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Israel (X% per year).

Export Prices by Country

The average export price for frozen crabs and crabs meat stood at $X per ton in 2023, shrinking by X% against the previous year. In general, the export price, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2020; however, from 2021 to 2023, the export prices stood at a somewhat lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Crabs And Crabs Meat

Imports into Turkey

In 2023, approx. X tons of frozen crabs and crabs meat were imported into Turkey; falling by X% on 2022. Over the period under review, imports continue to indicate a noticeable setback. The growth pace was the most rapid in 2014 with an increase of X%. Imports peaked at X tons in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

In value terms, frozen crab and crab meat imports dropped significantly to $X in 2023. Overall, imports, however, recorded strong growth. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports reached the peak of $X. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2023, Norway (X tons) constituted the largest frozen crab and crab meat supplier to Turkey, accounting for a X% share of total imports. Moreover, frozen crab and crab meat imports from Norway exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The Netherlands (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Norway was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the Netherlands (X% per year).

In value terms, Norway ($X) constituted the largest supplier of frozen crabs and crabs meat to Turkey, comprising X% of total imports. The second position in the ranking was held by Russia ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Norway totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and Vietnam (X% per year).

Import Prices by Country

In 2023, the average import price for frozen crabs and crabs meat amounted to $X per ton, declining by X% against the previous year. Over the period under review, the import price, however, saw resilient growth. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2022, and then dropped sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, 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 2023, the most notable rate of growth in terms of prices was attained by Bangladesh (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform