Iran: Market for Frozen Fish And Seafood 2024

Market Size for Frozen Fish And Seafood in Iran

In 2022, the Iranian frozen fish and seafood market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption, however, continues to indicate a pronounced slump. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Production of Frozen Fish And Seafood in Iran

In value terms, frozen fish and seafood production totaled $X in 2022 estimated in export price. Over the period under review, production showed a slight slump. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Exports of Frozen Fish And Seafood

Exports from Iran

In 2022, shipments abroad of frozen fish and seafood decreased by X% to X tons for the first time since 2017, thus ending a four-year rising trend. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2021, and then contracted dramatically in the following year.

In value terms, frozen fish and seafood exports shrank slightly to $X in 2022. In general, exports, however, saw a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then contracted modestly in the following year.

Exports by Country

China (X tons) was the main destination for frozen fish and seafood exports from Iran, accounting for a X% share of total exports. Moreover, frozen fish and seafood exports to China exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), threefold. Thailand (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Thailand (X% per year).

In value terms, China ($X) remains the key foreign market for frozen fish and seafood exports from Iran, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with an X% share of total exports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual growth rate of value to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Turkey (X% per year).

Export Prices by Country

The average frozen fish and seafood export price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price, however, saw a abrupt slump. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Fish And Seafood

Imports into Iran

In 2022, purchases abroad of frozen fish and seafood was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, frozen fish and seafood imports skyrocketed to $X in 2022. Overall, imports, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) was the main supplier of frozen fish and seafood to Iran, with a X% share of total imports. It was followed by China (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates totaled X%.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of frozen fish and seafood to Iran, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United Arab Emirates stood at X%.

Import Prices by Country

In 2022, the average frozen fish and seafood import price amounted to $X per ton, waning by X% against the previous year. In general, the import price showed a slight decrease. The growth pace was the most rapid in 2013 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for the United Arab Emirates totaled $X per ton.

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

Source: IndexBox Platform

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