Turkey - Frozen Yellowfin Tuna - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Yellowfin Tuna Price in Turkey - 2023
Contents:
- Frozen Yellowfin Tuna Price in Turkey (CIF) - 2022
- Frozen Yellowfin Tuna Price in Turkey (FOB) - 2022
- Frozen Yellowfin Tuna Imports in Turkey
- Frozen Yellowfin Tuna Exports in Turkey
Frozen Yellowfin Tuna Price in Turkey (CIF) - 2022
The average frozen yellowfin tuna import price stood at $1,847 per ton in 2022, which is down by -3.7% against the previous year. Overall, the import price continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2017 an increase of 29%. Over the period under review, average import prices reached the maximum at $3,184 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Panama ($2,416 per ton), while the price for Ghana ($1,433 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by El Salvador (+7.7%), while the prices for the other major suppliers experienced a decline.
Frozen Yellowfin Tuna Price in Turkey (FOB) - 2022
The average frozen yellowfin tuna export price stood at $4,561 per ton in 2022, falling by -2.9% against the previous year. Over the period under review, the export price, however, saw a pronounced increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 16% against the previous year. As a result, the export price attained the peak level of $5,750 per ton. From 2018 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Malta.
From 2013 to 2022, the rate of growth in terms of prices for Malta amounted to -1.3% per year.
Frozen Yellowfin Tuna Imports in Turkey
In 2022, overseas purchases of frozen yellowfin tuna decreased by -53.3% to 1.9K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, continue to indicate resilient growth. The growth pace was the most rapid in 2020 with an increase of 112% against the previous year.
In value terms, frozen yellowfin tuna imports reduced rapidly to $3.4M in 2022. Overall, imports, however, showed resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of 100%.
| Import of Frozen Yellowfin Tuna in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 210 | 1,482 | 2,358 | 1,019 | 69.3% |
| Netherlands | 217 | 327 | 1,370 | 592 | 39.7% |
| Curacao | 356 | 491 | 774 | 399 | 3.9% |
| Panama | 116 | 116 | 875 | 378 | 48.3% |
| Seychelles | 433 | 301 | 635 | 274 | -14.1% |
| India | 282 | 436 | 575 | 249 | -4.1% |
| France | 32.7 | 550 | 122 | 128 | 57.6% |
| Ghana | 157 | 206 | 272 | 118 | -9.1% |
| Belize | 126 | 142 | 184 | 78.2 | -14.7% |
| Others | 193 | 186 | 500 | 215 | 3.7% |
| Total | 2,123 | 4,237 | 7,666 | 3,449 | 17.6% |
Top Suppliers of Frozen Yellowfin Tuna to Turkey in 2022:
- Spain (522.2 tons)
- Netherlands (312.6 tons)
- Curacao (240.0 tons)
- Panama (156.4 tons)
- Seychelles (150.2 tons)
- India (132.4 tons)
- Ghana (82.1 tons)
- France (79.6 tons)
- Belize (45.4 tons)
Frozen Yellowfin Tuna Exports in Turkey
In 2022, frozen yellowfin tuna exports from Turkey surged to 576 kg, with an increase of 64% on 2021 figures. Overall, total exports indicated a significant expansion from 2021 to 2022: its volume increased at an average annual rate of +63.6% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, frozen yellowfin tuna exports skyrocketed to $2.6K in 2022. Over the period under review, total exports indicated a significant expansion from 2021 to 2022: its value increased at an average annual rate of +58.8% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Frozen Yellowfin Tuna in Turkey (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Malta | 60.0 | 2,627 | 4278.3% | ||
| Norway | 149 | N/A | 0% | ||
| Bahamas | 179 | N/A | 0% | ||
| Panama | 178 | N/A | 0% | ||
| Portugal | 119 | N/A | 0% | ||
| Italy | 149 | N/A | 0% | ||
| Liberia | 478 | N/A | 0% | ||
| Others | 342 | N/A | 0% | ||
| Total | 1,654 | 2,627 | 58.8% | ||
Top Export Markets for Frozen Yellowfin Tuna from Turkey in 2022:
- Malta (576.0 kg)
This report provides an in-depth analysis of the frozen yellowfin tuna market in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Product coverage:
Country coverage:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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