Report Update Nov 1, 2024

Iraq - Frozen Freshwater Fish - Market Analysis, Forecast, Size, Trends and Insights

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Iraq: Frozen Freshwater Fish Market 2024

Frozen Freshwater Fish Market Size in Iraq

After three years of decline, the Iraqi frozen freshwater fish market increased by 3.6% to $X in 2021. Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Frozen Freshwater Fish Production in Iraq

In value terms, frozen freshwater fish production stood at $X in 2021 estimated in export price. Overall, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 20% against the previous year. Frozen freshwater fish production peaked at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Frozen Freshwater Fish Exports

Exports from Iraq

After two years of decline, shipments abroad of frozen freshwater fish increased by 13,812% to X tons in 2020. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, frozen freshwater fish exports soared to $X in 2020. In general, exports showed a significant increase. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2020, the exports failed to regain momentum.

Exports by Country

Oman (X tons) was the main destination for frozen freshwater fish exports from Iraq, with a approx. 100% share of total exports.

From 2016 to 2020, the average annual rate of growth in terms of volume to Oman was relatively modest.

In value terms, Oman ($X) emerged as the key foreign market for frozen freshwater fish exports from Iraq.

From 2016 to 2020, the average annual growth rate of value to Oman was relatively modest.

Export Prices by Country

In 2020, the average frozen freshwater fish export price amounted to $X per ton, shrinking by -36.8% against the previous year. In general, the export price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2019 an increase of 15% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2020, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Oman.

From 2016 to 2020, the rate of growth in terms of prices for France amounted to -6.4% per year.

Frozen Freshwater Fish Imports

Imports into Iraq

In 2021, overseas purchases of frozen freshwater fish decreased by -27.8% to X tons, falling for the third consecutive year after five years of growth. Overall, imports, however, posted a prominent increase. The pace of growth appeared the most rapid in 2014 with an increase of 326%. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, frozen freshwater fish imports contracted notably to $X in 2021. In general, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 236% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Turkey (X tons), Vietnam (X tons) and Myanmar (X tons) were the main suppliers of frozen freshwater fish imports to Iraq, together accounting for 66% of total imports. Thailand, China, Oman and India lagged somewhat behind, together comprising a further 32%.

From 2012 to 2021, the biggest increases were recorded for Thailand (with a CAGR of +29.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen freshwater fish suppliers to Iraq were Vietnam ($X), Turkey ($X) and China ($X), with a combined 69% share of total imports. Myanmar, Thailand, Oman and India lagged somewhat behind, together accounting for a further 28%.

Thailand, with a CAGR of +28.7%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average frozen freshwater fish import price amounted to $X per ton, with a decrease of -4.9% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the average import price increased by 82% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was China ($X per ton), while the price for Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+15.8%), 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 freshwater fish in the world?

China constituted the country with the largest volume of frozen freshwater fish consumption, comprising approx. 19% of total volume. Moreover, frozen freshwater fish consumption in China exceeded the figures recorded by the second-largest consumer, Russia, twofold. The third position in this ranking was occupied by South Korea, with a 5.3% share.

What are the largest producers of frozen freshwater fish in the world?

The countries with the highest volumes of frozen freshwater fish production in 2020 were China, Russia and India, together accounting for 31% of global production. Indonesia, the United States, Myanmar, Brazil, Senegal, Argentina, Pakistan, Mexico, Vietnam and Turkey lagged somewhat behind, together comprising a further 33%.

What are the leading suppliers of frozen freshwater fish to Iraq?

In value terms, Vietnam, Turkey and China were the largest frozen freshwater fish suppliers to Iraq, with a combined 87% share of total imports. These countries were followed by India, Pakistan, Myanmar and Thailand, which together accounted for a further 12%.

What is the average export price for frozen freshwater fish in Iraq?

The average frozen freshwater fish export price stood at $3,800 per ton in 2019, approximately reflecting the previous year.

What is the average import price for frozen freshwater fish in Iraq?

In 2020, the average frozen freshwater fish import price amounted to $2,212 per ton, jumping by 17% against the previous year.

This report provides an in-depth analysis of the frozen freshwater fish market in Iraq. 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 2030.

Product coverage:

Prodcom 10201360 - Frozen whole fresh water fish

Country coverage:

Iraq

Data coverage:

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

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

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
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

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