Live Fish Price in Turkey - 2023
Contents:
- Live Fish Price in Turkey (CIF) - 2022
- Live Fish Price in Turkey (FOB) - 2022
- Live Fish Imports in Turkey
- Live Fish Exports in Turkey
Live Fish Price in Turkey (CIF) - 2022
The average live fish import price stood at $11,224 per ton in 2022, jumping by 37% against the previous year. In general, the import price, however, recorded a perceptible setback. The import price peaked at $15,996 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($18,080 per ton), while the price for Indonesia ($3,991 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+24.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Live Fish Price in Turkey (FOB) - 2022
The average live fish export price stood at $32,616 per ton in 2022, with a decrease of -12.9% against the previous year. Over the period under review, the export price, however, saw prominent growth. The growth pace was the most rapid in 2013 an increase of 192% against the previous year. Over the period under review, the average export prices attained the maximum at $49,311 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tunisia ($92,032 per ton), while the average price for exports to Israel ($10,305 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lebanon (+21.5%), while the prices for the other major destinations experienced mixed trend patterns.
Live Fish Imports in Turkey
Live fish imports into Turkey surged to 1.7K tons in 2022, picking up by 143% on the previous year. Over the period under review, imports showed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, live fish imports skyrocketed to $19M in 2022. In general, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Live Fish in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Libya | 5.1 | 1.7 | 4.8 | 8.1 | 16.7% |
| Morocco | 1.5 | N/A | N/A | 4.4 | 43.1% |
| Algeria | N/A | N/A | N/A | 3.1 | 0% |
| Syrian Arab Republic | N/A | N/A | N/A | 1.4 | 0% |
| Egypt | 3.2 | 1.4 | N/A | 1.2 | -27.9% |
| Indonesia | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Thailand | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Others | 0.4 | 0.3 | 0.7 | 0.4 | 0.0% |
| Total | 10.4 | 3.5 | 5.6 | 18.7 | 21.6% |
Top Suppliers of Live Fish to Turkey in 2022:
- Libya (923.7 tons)
- Morocco (330.0 tons)
- Algeria (169.0 tons)
- Syrian Arab Republic (79.2 tons)
- Egypt (67.1 tons)
- Indonesia (28.6 tons)
- Thailand (5.9 tons)
Live Fish Exports in Turkey
In 2022, approx. 188 tons of live fish were exported from Turkey; growing by 35% on the previous year's figure. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +6.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.9% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, live fish exports soared to $6.1M in 2022. The total export value increased at an average annual rate of +1.9% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Live Fish in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tunisia | 3,313 | 3,212 | 2,735 | 3,805 | 4.7% |
| Oman | 1,658 | 1,404 | 1,827 | 900 | -18.4% |
| Lebanon | N/A | N/A | 0.1 | 228 | 227900.0% |
| Dominican Republic | N/A | N/A | 251 | 217 | -13.5% |
| Albania | 236 | N/A | 0.4 | 151 | -13.8% |
| Cyprus | 136 | 140 | 78.7 | 146 | 2.4% |
| Israel | N/A | 75.4 | 80.7 | 144 | 38.2% |
| South Korea | 290 | 154 | 42.8 | 7.2 | -70.8% |
| Others | 171 | 63.9 | 216 | 541 | 46.8% |
| Total | 5,804 | 5,049 | 5,231 | 6,140 | 1.9% |
Top Export Markets for Live Fish from Turkey in 2022:
- Oman (87.3 tons)
- Tunisia (41.3 tons)
- Albania (14.7 tons)
- Israel (14.0 tons)
- Dominican Republic (10.0 tons)
- Cyprus (8.9 tons)
- Lebanon (5.6 tons)
- South Korea (0.8 tons)
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