Middle East: Market for Herring, Salted Or In Brine 2025

Market Size for Herring, Salted Or In Brine in the Middle East

The Middle Eastern market for herring, salted or in brine dropped modestly to $X in 2022, with a decrease of -2.5% against the previous year. The total consumption indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +2.4% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Herring, Salted Or In Brine in the Middle East

In value terms, herring, salted or in brine production contracted to $X in 2022 estimated in export price. The total production indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +1.3% against 2020 indices. The growth pace was the most rapid in 2016 with an increase of 46%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Exports of Herring, Salted Or In Brine

Exports in the Middle East

In 2021, the amount of herring, salted or in brine exported in the Middle East surged to X kg, growing by 25% against the previous year's figure. In general, exports, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2016 when exports increased by 67% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, herring, salted or in brine exports dropped rapidly to $X in 2021. Overall, exports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2016 when exports increased by 99%. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Bahrain (X kg) represented the major exporter of herring, salted or in brine in the Middle East, committing 100% of total export.

Bahrain experienced a relatively flat trend pattern with regard to volume of exports of herring, salted or in brine. Bahrain (+99 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In Bahrain, herring, salted or in brine exports remained relatively stable over the period from 2012-2021.

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2021, shrinking by -90.8% against the previous year. In general, the export price, however, posted strong growth. The most prominent rate of growth was recorded in 2017 when the export price increased by 3,453%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Bahrain amounted to 0.0% per year.

Imports of Herring, Salted Or In Brine

Imports in the Middle East

In 2022, supplies from abroad of herring, salted or in brine decreased by -9% to X tons, falling for the second year in a row after three years of growth. Total imports indicated temperate growth from 2012 to 2022: its volume increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -15.6% against 2020 indices. The growth pace was the most rapid in 2019 when imports increased by 35%. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, herring, salted or in brine imports dropped to $X in 2022. Over the period under review, imports saw a slight downturn. The pace of growth was the most pronounced in 2017 when imports increased by 16% against the previous year. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Israel (X tons) represented the main importer of herring, salted or in brine, constituting 80% of total imports. Palestine (X tons) took the second position in the ranking, followed by Jordan (X tons). All these countries together held approx. 19% share of total imports.

Imports into Israel increased at an average annual rate of +2.0% from 2012 to 2022. At the same time, Palestine (+10.7%) and Jordan (+4.5%) displayed positive paces of growth. Moreover, Palestine emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +10.7% from 2012-2022. From 2012 to 2022, the share of Palestine and Jordan increased by +5.5 and +1.5 percentage points, respectively.

In value terms, Israel ($X) constitutes the largest market for imported herring, salted or in brine in the Middle East, comprising 83% of total imports. The second position in the ranking was taken by Jordan ($X), with an 8.2% share of total imports.

In Israel, herring, salted or in brine imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Jordan (+3.4% per year) and Palestine (+4.0% per year).

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2022, shrinking by -6.1% against the previous year. Over the period under review, the import price recorded a perceptible decline. The growth pace was the most rapid in 2017 an increase of 22% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Israel ($X per ton), while Palestine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (-1.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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