Middle East: Tilapias Market 2022

Tilapias Market Size in the Middle East

The Middle Eastern tilapias market was finally on the rise to reach $X in 2021, after four years of decline. Overall, consumption showed a slight increase. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Tilapias Production in the Middle East

In value terms, tilapias production declined notably to $X in 2021 estimated in export price. Overall, production continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2016 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Tilapias Exports

Exports in the Middle East

In 2021, the amount of tilapias exported in the Middle East reduced markedly to X tons, with a decrease of -X% compared with the previous year's figure. Overall, exports saw a deep downturn. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, tilapias exports reduced markedly to $X in 2021. In general, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons) and Saudi Arabia (X tons) represented roughly X% of total exports in 2021. Turkey (X tons) took the next position in the ranking, followed by Bahrain (X tons). All these countries together took approx. X% share of total exports.

From 2012 to 2021, the biggest increases were in the United Arab Emirates (with a CAGR of +X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the United Arab Emirates ($X) remains the largest tilapias supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

From 2012 to 2021, the average annual growth rate of value in the United Arab Emirates totaled -X%. In the other countries, the average annual rates were as follows: Saudi Arabia (-X% per year) and Turkey (+X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2021, increasing by X% against the previous year. In general, the export price, however, saw a perceptible contraction. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably countryorigin: the country with the highest price was the United Arab Emirates ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bahrain (+X%), while the other leaders experienced mixed trends in the export price figures.

Tilapias Imports

Imports in the Middle East

In 2021, supplies from abroad of tilapias increased by X% to X tons for the first time since 2016, thus ending a four-year declining trend. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, tilapias imports skyrocketed to $X in 2021. Overall, imports continue to indicate a pronounced expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The level of import peaked at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Israel (X tons) was the main importer of tilapias, creating X% of total imports. Saudi Arabia (X tons) took the second position in the ranking, distantly followed by Kuwait (X tons) and Qatar (X tons). All these countries together took near X% share of total imports. The United Arab Emirates (X tons) and Bahrain (X tons) took a minor share of total imports.

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

In value terms, Israel ($X) constitutes the largest market for imported tilapias in the Middle East, comprising X% of total imports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total imports. It was followed by Kuwait, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Israel amounted to +X%. In the other countries, the average annual rates were as follows: Saudi Arabia (-X% per year) and Kuwait (+X% per year).

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2021, growing by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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 Kuwait (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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