MENA: Market for Fresh Or Chilled Salmonoids Fillets 2025

Market Size for Fresh Or Chilled Salmonoids Fillets in MENA

The MENA's market for fresh or chilled salmonoids fillets fell slightly to $X in 2022, with a decrease of -3.6% against the previous year. The total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -5.9% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Fresh Or Chilled Salmonoids Fillets in MENA

In value terms, fresh or chilled salmonoids fillets production contracted to $X in 2022 estimated in export price. The total production indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +7.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by +0.6% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the production volume increased by 39%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Fresh Or Chilled Salmonoids Fillets

Exports in MENA

In 2022, overseas shipments of fresh or chilled salmonoids fillets increased by 1.1% to X tons, rising for the second consecutive year after four years of decline. Overall, exports, however, recorded a abrupt downturn. The growth pace was the most rapid in 2014 with an increase of 43% against the previous year. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, fresh or chilled salmonoids fillets exports reached $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 39% against the previous year. The level of export peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Morocco was the key exporting country with an export of around X tons, which reached 55% of total exports. Oman (X tons) held a 33% share (based on physical terms) of total exports, which put it in second place, followed by Israel (5.5%). Yemen (X tons) took a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Israel (with a CAGR of +62.8%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Morocco ($X) remains the largest fresh or chilled salmonoids fillets supplier in MENA, comprising 66% of total exports. The second position in the ranking was held by Oman ($X), with a 24% share of total exports. It was followed by Israel, with a 5.7% share.

From 2012 to 2022, the average annual growth rate of value in Morocco stood at +5.0%. In the other countries, the average annual rates were as follows: Oman (-6.4% per year) and Israel (+63.4% per year).

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, leveling off at the previous year. Overall, the export price saw a remarkable increase. The pace of growth was the most pronounced in 2021 an increase of 33% against the previous year. Over the period under review, the export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Morocco ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Yemen (+13.0%), while the other leaders experienced more modest paces of growth.

Imports of Fresh Or Chilled Salmonoids Fillets

Imports in MENA

In 2022, approx. X tons of fresh or chilled salmonoids fillets were imported in MENA; with a decrease of -7.5% on the previous year's figure. In general, imports recorded a dramatic contraction. The most prominent rate of growth was recorded in 2015 when imports increased by 29% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, fresh or chilled salmonoids fillets imports declined to $X in 2022. Over the period under review, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2015 with an increase of 46%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of fresh or chilled salmonoids fillets imports in 2022 were Lebanon (X tons), Kuwait (X tons), Bahrain (X tons) and Palestine (X tons), together finishing at 83% of total import. It was distantly followed by Jordan (X tons), making up a 9.5% share of total imports. Iraq (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Palestine (with a CAGR of +69.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Kuwait ($X), Bahrain ($X) and Palestine ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 68% share of total imports.

Palestine, with a CAGR of +67.9%, recorded the highest rates of growth with regard to the value of imports, among 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

The import price in MENA stood at $X per ton in 2022, approximately mirroring the previous year. Overall, the import price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2020 when the import price increased by 211%. Over the period under review, import prices reached the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bahrain ($X per ton), while Lebanon ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iraq (+10.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform