Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Turkey - 2023
Contents:
- Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Turkey (CIF) - 2022
- Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Turkey (FOB) - 2022
- Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Turkey
- Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Turkey
Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Turkey (CIF) - 2022
The average import price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s stood at $2,962 per ton in 2022, flattening at the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2020 when the average import price increased by 14%. The import price peaked at $3,080 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 Namibia ($3,733 per ton), while the price for Spain ($1,996 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (+29.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Turkey (FOB) - 2022
The average export price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s stood at $3,079 per ton in 2022, surging by 13% against the previous year. Overall, the export price, however, recorded a pronounced descent. The export price peaked at $4,156 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($4,173 per ton), while the average price for exports to Greece ($2,475 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+2.0%), while the prices for the other major destinations experienced a decline.
Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Turkey
Imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s into Turkey soared to 15 tons in 2022, picking up by 20% on the year before. In general, imports recorded a resilient increase. The growth pace was the most rapid in 2021 when imports increased by 76%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s soared to $45K in 2022. Overall, imports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 84%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 3.5 | 9.4 | 12.5 | 20.1 | 79.1% |
| Gambia | N/A | N/A | N/A | 6.2 | 0% |
| China | 9.9 | 3.0 | 14.3 | 5.1 | -19.8% |
| Spain | 5.6 | 3.8 | 6.8 | 4.0 | -10.6% |
| Netherlands | 4.7 | 2.8 | 4.5 | 3.8 | -6.8% |
| South Africa | N/A | N/A | N/A | 3.2 | 0% |
| Portugal | N/A | N/A | N/A | 1.2 | 0% |
| Others | 0.3 | 1.7 | N/A | 1.8 | 81.7% |
| Total | 24.1 | 20.8 | 38.1 | 45.3 | 23.4% |
Top Suppliers of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) to Turkey in 2022:
- Namibia (5.4 tons)
- Gambia (2.6 tons)
- Spain (2.0 tons)
- China (1.7 tons)
- Netherlands (1.1 tons)
- South Africa (1.1 tons)
- Portugal (0.6 tons)
Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Turkey
For the fourth year in a row, Turkey recorded growth in shipments abroad of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s, which increased by 15% to 9.9 tons in 2022. Over the period under review, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 140%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s surged to $30K in 2022. In general, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when exports increased by 166% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Liberia | 0.8 | 2.3 | 3.4 | 6.2 | 97.9% |
| Marshall Islands | 1.2 | 2.3 | 4.1 | 5.7 | 68.1% |
| Malta | 0.5 | 2.0 | 3.7 | 4.8 | 112.5% |
| Panama | 0.7 | 1.2 | 4.6 | 3.9 | 77.3% |
| Russia | N/A | 0.4 | 1.5 | 2.1 | 129.1% |
| Greece | 0.5 | 2.0 | 1.7 | 1.4 | 40.9% |
| Bahamas | 0.2 | 0.4 | 0.6 | 0.9 | 65.1% |
| Belize | 0.7 | 0.2 | 0.2 | 0.1 | -47.7% |
| Others | 0.3 | 2.1 | 3.9 | 5.4 | 162.1% |
| Total | 4.8 | 12.9 | 23.6 | 30.5 | 85.2% |
Top Export Markets for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) from Turkey in 2022:
- Marshall Islands (2.3 tons)
- Liberia (2.1 tons)
- Malta (1.6 tons)
- Panama (1.1 tons)
- Greece (0.6 tons)
- Russia (0.5 tons)
- Bahamas (0.3 tons)
- Belize (0.1 tons)
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