Turkey: Market for Fresh Or Chilled Salmonoids Fillets 2025

Market Size for Fresh Or Chilled Salmonoids Fillets in Turkey

In 2022, the Turkish market for fresh or chilled salmonoids fillets decreased by -10% to $X, falling for the second year in a row after three years of growth. Overall, consumption continues to indicate a resilient increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Production of Fresh Or Chilled Salmonoids Fillets in Turkey

In value terms, fresh or chilled salmonoids fillets production shrank to $X in 2022 estimated in export price. In general, production recorded prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of 48% against the previous year. Fresh or chilled salmonoids fillets production peaked at $X in 2018; afterwards, it flattened through to 2022.

Exports of Fresh Or Chilled Salmonoids Fillets

Exports from Turkey

In 2022, overseas shipments of fresh or chilled salmonoids fillets decreased by -5.4% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports faced a precipitous decline. The pace of growth appeared the most rapid in 2020 with an increase of 7,507% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, fresh or chilled salmonoids fillets exports fell sharply to $X in 2022. Overall, exports continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2020 with an increase of 11,382%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Liberia (X tons), Marshall Islands (X tons) and Panama (X tons) were the main destinations of fresh or chilled salmonoids fillets exports from Turkey, with a combined 48% share of total exports. Portugal, Malta, Antigua and Barbuda, Bahamas, the Netherlands, Hong Kong SAR, Russia, Singapore, Italy and Norway lagged somewhat behind, together accounting for a further 39%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Portugal (with a CAGR of +1,188.9%), while the other leaders experienced more modest paces of growth.

In value terms, Liberia ($X), Marshall Islands ($X) and Panama ($X) were the largest markets for fresh or chilled salmonoids fillets exported from Turkey worldwide, with a combined 47% share of total exports.

In terms of the main countries of destination, Panama, with a CAGR of +1,727.2%, saw the highest growth rate of 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

In 2022, the average export price for fresh or chilled salmonoids fillets amounted to $X per ton, dropping by -11.4% against the previous year. In general, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fresh or chilled salmonoids fillets export price decreased by -17.4% against 2020 indices. The growth pace was the most rapid in 2020 an increase of 51%. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Bahamas ($X per ton) and Marshall Islands ($X per ton), while the average price for exports to Norway ($X per ton) and Panama ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+58.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fresh Or Chilled Salmonoids Fillets

Imports into Turkey

After two years of growth, supplies from abroad of fresh or chilled salmonoids fillets decreased by -39.5% to X tons in 2022. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 290%. As a result, imports attained the peak of X tons, and then declined dramatically in the following year.

In value terms, fresh or chilled salmonoids fillets imports dropped dramatically to $X in 2022. Overall, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 151%. As a result, imports reached the peak of $X, and then declined significantly in the following year.

Imports by Country

In 2022, Greece (X kg) constituted the largest fresh or chilled salmonoids fillets supplier to Turkey, with a 76% share of total imports. Moreover, fresh or chilled salmonoids fillets imports from Greece exceeded the figures recorded by the second-largest supplier, Bulgaria (X kg), ninefold. Denmark (X kg) ranked third in terms of total imports with a 7.2% share.

From 2018 to 2022, the average annual rate of growth in terms of volume from Greece totaled +361.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (+220.1% per year) and Denmark (+506.7% per year).

In value terms, Greece ($X) constituted the largest supplier of fresh or chilled salmonoids fillets to Turkey, comprising 68% of total imports. The second position in the ranking was held by Bulgaria ($X), with an 11% share of total imports. It was followed by Denmark, with a 9.3% share.

From 2018 to 2022, the average annual growth rate of value from Greece amounted to +230.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (+181.6% per year) and Denmark (+463.8% per year).

Import Prices by Country

In 2022, the average import price for fresh or chilled salmonoids fillets amounted to $X per ton, with an increase of 15% against the previous year. Overall, the import price, however, recorded a precipitous decline. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+60.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :