Iran: Frozen Fish Market 2024

Frozen Fish Market Size in Iran

The Iranian frozen fish market fell to $X in 2022, declining by X% against the previous year. In general, consumption, however, continues to indicate a abrupt downturn. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Frozen Fish Production in Iran

In value terms, frozen fish production soared to $X in 2022 estimated in export price. Overall, production, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Frozen Fish Exports

Exports from Iran

After four years of growth, shipments abroad of frozen fish decreased by X% to X tons in 2022. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2015 with an increase of X%. The exports peaked at X tons in 2021, and then dropped remarkably in the following year.

In value terms, frozen fish exports declined notably to $X in 2022. Overall, exports, however, showed significant growth. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then fell sharply in the following year.

Exports by Country

China (X tons) was the main destination for frozen fish exports from Iran, with a X% share of total exports. Moreover, frozen fish exports to China exceeded the volume sent to the second major destination, Thailand (X tons), ninefold. The third position in this ranking was taken by the United Arab Emirates (X tons), with a X% share.

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

In value terms, China ($X) emerged as the key foreign market for frozen fish exports from Iran, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (X% per year) and Malaysia (X% per year).

Export Prices by Country

The average frozen fish export price stood at $X per ton in 2022, falling by X% against the previous year. Overall, export price indicated a perceptible expansion 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. Based on 2022 figures, frozen fish export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. The export price peaked at $X per ton in 2019; however, from 2020 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 China ($X per ton), while the average price for exports to Nigeria ($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 Iraq (X%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Fish Imports

Imports into Iran

In 2022, overseas purchases of frozen fish increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a abrupt slump. The growth pace was the most rapid in 2014 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, frozen fish imports skyrocketed to $X in 2022. Over the period under review, imports, however, continue to indicate a deep contraction. 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 reached the maximum at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest frozen fish supplier to Iran, with a X% share of total imports. Moreover, frozen fish imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, India (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and China (X% per year).

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

From 2012 to 2022, the average annual growth rate of value from the United Arab Emirates amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and China (X% per year).

Import Prices by Country

The average frozen fish import price stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the import price recorded a slight decrease. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat 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 ($X per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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