Turkey - Frozen Crabs And Crabs Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Frozen Crab and Crab Meat in Turkey - 2023
Contents:
- Price for Frozen Crab and Crab Meat in Turkey (CIF) - 2022
- Price for Frozen Crab and Crab Meat in Turkey (FOB) - 2022
- Imports of Frozen Crab and Crab Meat in Turkey
- Exports of Frozen Crab and Crab Meat in Turkey
Price for Frozen Crab and Crab Meat in Turkey (CIF) - 2022
In 2022, the average import price for frozen crabs and crabs meat amounted to $60,699 per ton, increasing by 29% against the previous year. In general, the import price saw a prominent increase. The most prominent rate of growth was recorded in 2014 an increase of 83% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.
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 Norway ($89,505 per ton), while the price for China ($3,202 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Crab and Crab Meat in Turkey (FOB) - 2022
In 2022, the average export price for frozen crabs and crabs meat amounted to $7,168 per ton, standing approx. at the previous year. In general, the export price continues to indicate a resilient expansion. The growth pace was the most rapid in 2017 when the average export price increased by 126% against the previous year. Over the period under review, the average export prices attained the peak figure at $8,177 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($10,168 per ton), while the average price for exports to South Korea ($3,100 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 Italy (+19.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Frozen Crab and Crab Meat in Turkey
Frozen crab and crab meat imports into Turkey fell significantly to 22 tons in 2022, reducing by -24.5% compared with 2021 figures. Over the period under review, imports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 159%. As a result, imports attained the peak of 29 tons, and then contracted dramatically in the following year.
In value terms, frozen crab and crab meat imports declined slightly to $1.3M in 2022. Overall, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 341% against the previous year. As a result, imports attained the peak of $1.4M, and then declined in the following year.
Import of Frozen Crab and Crab Meat in Turkey (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Norway | 397 | 305 | 1,252 | 1,264 | 47.1% |
Bangladesh | N/A | N/A | 23.5 | 40.3 | 71.5% |
Russia | N/A | N/A | 74.3 | 18.1 | -75.6% |
Canada | N/A | N/A | N/A | 13.7 | 0% |
China | 3.5 | 2.2 | 5.3 | 5.3 | 14.8% |
Netherlands | 1.5 | 3.0 | 4.0 | 4.3 | 42.1% |
Others | 18.5 | 3.3 | 21.0 | 1.7 | -54.9% |
Total | 421 | 313 | 1,380 | 1,347 | 47.4% |
Top Suppliers of Frozen Crab and Crab Meat to Turkey in 2022:
- Norway (14.1 tons)
- Bangladesh (2.8 tons)
- Canada (1.9 tons)
- China (1.6 tons)
- Netherlands (1.1 tons)
- Russia (0.3 tons)
Exports of Frozen Crab and Crab Meat in Turkey
In 2022, approx. 17 tons of frozen crabs and crabs meat were exported from Turkey; shrinking by -71.5% against 2021. Overall, exports continue to indicate a significant contraction. The pace of growth was the most pronounced in 2021 when exports increased by 106% against the previous year. As a result, the exports attained the peak of 58 tons, and then contracted notably in the following year.
In value terms, frozen crab and crab meat exports contracted dramatically to $119K in 2022. Over the period under review, exports faced a deep slump. The growth pace was the most rapid in 2021 with an increase of 81% against the previous year. As a result, the exports reached the peak of $418K, and then shrank notably in the following year.
Export of Frozen Crab and Crab Meat in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 19.0 | 0.9 | 122 | 62.1 | 48.4% |
Hong Kong SAR | 84.7 | 20.8 | 172 | 25.7 | -32.8% |
Marshall Islands | N/A | 0.7 | 2.7 | 5.5 | 180.3% |
Georgia | N/A | 1.9 | 4.6 | 4.7 | 57.3% |
Liberia | 0.5 | 1.0 | 2.5 | 4.5 | 108.0% |
Panama | 0.1 | 1.2 | 2.2 | 3.4 | 224.0% |
Singapore | 1.4 | 0.2 | 0.5 | 2.5 | 21.3% |
Cyprus | 2.3 | 0.2 | 3.1 | 2.1 | -3.0% |
Malta | N/A | 1.1 | 2.0 | 2.0 | 34.8% |
Greece | N/A | N/A | 8.6 | 0.1 | -98.8% |
Netherlands | 18.2 | 4.1 | 15.5 | 0.1 | -82.4% |
China | 84.5 | 163 | 67.4 | 0.1 | -89.4% |
United Arab Emirates | N/A | 31.9 | N/A | N/A | 0% |
Others | 7.9 | 4.4 | 15.2 | 6.0 | -8.8% |
Total | 219 | 231 | 418 | 119 | -18.4% |
Top Export Markets for Frozen Crab and Crab Meat from Turkey in 2022:
- Greece (undefined tons)
- Netherlands (undefined tons)
- China (undefined tons)
- Italy (6.1 tons)
- Hong Kong SAR (3.0 tons)
- Marshall Islands (1.4 tons)
- Liberia (1.2 tons)
- Panama (0.9 tons)
- Georgia (0.6 tons)
- Singapore (0.6 tons)
- Malta (0.6 tons)
- Cyprus (0.6 tons)
This report provides an in-depth analysis of the market for frozen crab and crab meat 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 2030.
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
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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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