MENA: Preserved Fish Fillet Market 2025

Preserved Fish Fillet Market Size in MENA

The MENA's preserved fish fillet market reduced to $X in 2021, declining by -6.8% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Preserved Fish Fillet Production in MENA

In value terms, preserved fish fillet production declined to $X in 2021 estimated in export price. In general, production saw a slight decline. The pace of growth appeared the most rapid in 2014 when the production volume increased by 28%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Preserved Fish Fillet Exports

Exports in MENA

Preserved fish fillet exports surged to X tons in 2021, picking up by 103% against 2020 figures. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 123% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in the near future.

In value terms, preserved fish fillet exports surged to $X in 2021. In general, exports enjoyed a significant increase. The growth pace was the most rapid in 2015 when exports increased by 188%. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Exports by Country

Oman represented the major exporter of fish fillets (dried, salted or in brine, but not smoked) in MENA, with the volume of exports reaching X tons, which was approx. 55% of total exports in 2021. It was distantly followed by Morocco (X tons) and Tunisia (X tons), together constituting a 41% share of total exports. Yemen (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Oman (with a CAGR of +34.8%), while the other leaders experienced more modest paces of growth.

In value terms, Morocco ($X), Tunisia ($X) and Oman ($X) were the countries with the highest levels of exports in 2021, together comprising 98% of total exports.

Among the main exporting countries, Oman, with a CAGR of +34.9%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in MENA stood at $X per ton in 2021, dropping by -31.1% against the previous year. In general, the export price, however, showed notable growth. The pace of growth was the most pronounced in 2015 an increase of 209%. The level of export peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Tunisia ($X per ton), while Yemen ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Oman (+0.1%), while the other leaders experienced a decline in the export price figures.

Preserved Fish Fillet Imports

Imports in MENA

In 2021, overseas purchases of fish fillets (dried, salted or in brine, but not smoked) increased by 14% to X tons, rising for the second year in a row after two years of decline. Overall, imports, however, recorded a noticeable descent. The pace of growth was the most pronounced in 2014 with an increase of 57% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, preserved fish fillet imports rose significantly to $X in 2021. Over the period under review, imports, however, showed a pronounced decline. The growth pace was the most rapid in 2017 when imports increased by 36%. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports failed to regain momentum.

Imports by Country

The purchases of the four major importers of fish fillets (dried, salted or in brine, but not smoked), namely Tunisia, Saudi Arabia, Turkey and Kuwait, represented more than two-thirds of total import. It was distantly followed by Israel (X tons), Qatar (X tons) and the United Arab Emirates (X tons), together committing a 20% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Turkey (with a CAGR of +65.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Tunisia ($X), Israel ($X) and Turkey ($X) were the countries with the highest levels of imports in 2021, with a combined 66% share of total imports.

Turkey, with a CAGR of +47.1%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in MENA amounted to $X per ton, waning by -6.8% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 29%. Over the period under review, import prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Israel ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tunisia (+5.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform