Middle East: Frozen Saltwater Fish Market 2020

Frozen Saltwater Fish Market Size in Middle East

The revenue of the frozen saltwater fish market in Middle East amounted to $X in 2017, surging by X% against the previous year. The frozen saltwater fish consumption continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2008, when market value increased by X% year-to-year. The level of frozen saltwater fish consumption peaked in 2017, and is likely to see steady growth in the immediate term.

Frozen Saltwater Fish Production in Middle East

In 2017, the amount of frozen whole salt water fish produced in Middle East stood at X tons, jumping by X% against the previous year. The total output indicated a remarkable increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the frozen saltwater fish production increased by +X% against 2007 indices. The pace of growth was the most pronounced in 2008, with an increase of X% y-o-y. Over the period under review, the frozen saltwater fish production reached its peak figure volume in 2017, and is likely to continue its growth in the near future.

Frozen Saltwater Fish Exports in Middle East

In 2017, the amount of frozen whole salt water fish exported in Middle East totaled X tons, coming down by -X% against the previous year. The frozen saltwater fish exports continue to indicate a slight decrease. The most prominent rate of growth was recorded in 2013, when it surged by X% year-to-year. Over the period under review, the frozen saltwater fish exports reached its maximum volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, frozen saltwater fish exports totaled $X in 2017. The frozen saltwater fish exports continue to indicate a relatively flat trend pattern. The level of exports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Frozen Saltwater Fish Exports by Country in Middle East

Oman represented the main exporting country with an export of around X tons, which reached X% of total exports. It was distantly followed by Turkey (X tons) and Yemen (X tons), together achieving X% share of total exports. The United Arab Emirates (X tons), Saudi Arabia (X tons), Israel (X tons) and Bahrain (X tons) held the minor share of total exports.

Oman experienced a relatively flat trend pattern of frozen whole salt water fish exports. At the same time, Israel (+X%), Turkey (+X%), Bahrain (+X%) and Saudi Arabia (+X%) displayed positive paces of growth. Moreover, Israel emerged as the fastest growing exporter in Middle East, with a CAGR of +X% from 2007-2017. By contrast, the United Arab Emirates (-X%) and Yemen (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Yemen increased by X% percentage points, while Turkey (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Oman ($X), Turkey ($X) and Yemen ($X) appeared to be the countries with the highest levels of exports in 2017, together accounting for X% of total exports. These countries were followed by Israel, the United Arab Emirates, Saudi Arabia and Bahrain, which together accounted for a further X%.

Among the main exporting countries , Israel (+X% per year) recorded the highest growth rate of exports, over the last decade, while the other leaders experienced mixed trends in the exports figures.

Frozen Saltwater Fish Export Prices by Country in Middle East

In 2017, the frozen saltwater fish export price in Middle East amounted to $X per ton, jumping by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2016, an increase of X% year-to-year. Over the period under review, the export prices for frozen whole salt water fish reached its maximum level of $X per ton in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Israel ($X per ton), while Bahrain ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Yemen (+X% per year), while the other leaders experienced more modest paces of growth.

Frozen Saltwater Fish Imports in Middle East

The imports amounted to X tons in 2017, surging by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2015, when imports increased by X% y-o-y. In that year, the frozen saltwater fish imports attained their peak volume of X tons. From 2016 to 2017, growth of the frozen saltwater fish imports stood at a somewhat lower level.

In value terms, frozen saltwater fish imports stood at $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations over the period under review. In that year, the frozen saltwater fish imports attained their peak level, and are likely to continue its growth in the immediate term.

Frozen Saltwater Fish Imports by Country in Middle East

Turkey was the key importer of frozen whole salt water fish in Middle East, with the volume of imports finishing at X tons, which was near X% of total imports in 2017. It was distantly followed by the United Arab Emirates (X tons), Iran (X tons), Oman (X tons), Israel (X tons) and Saudi Arabia (X tons), together generating X% share of total imports. Jordan (X tons) occupied the minor share of total imports.

From 2007 to 2017, average annual rates of growth with regard to frozen saltwater fish imports into Turkey stood at +X%. At the same time, Iran (+X%), Oman (+X%) and the United Arab Emirates (+X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest growing importer in Middle East, with a CAGR of +X% from 2007-2017. Israel experienced a relatively flat trend pattern. By contrast, Saudi Arabia (-X%) and Jordan (-X%) illustrated a downward trend over the same period. Saudi Arabia (X%) and Jordan (X%) significantly strengthened its position in terms of the global imports, while Oman, the United Arab Emirates, Iran and Turkey saw its share reduced by -X%, -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest frozen saltwater fish markets worldwide were Turkey ($X), Saudi Arabia ($X) and the United Arab Emirates ($X), with a combined X% share of total imports. Israel, Iran, Oman and Jordan lagged somewhat behind, together accounting for a further X%.

Among the main importing countries , Iran (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Frozen Saltwater Fish Import Prices by Country in Middle East

In 2017, the frozen saltwater fish import price in Middle East amounted to $X per ton, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2012, when it surged by X% against the previous year. The level of import price peaked in 2017, and is likely to see steady growth in the immediate term.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Saudi Arabia ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Saudi Arabia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform