Middle East: Market for Fresh Or Chilled Salmonoids Fillets 2024

Market Size for Fresh Or Chilled Salmonoids Fillets in the Middle East

In 2023, the Middle Eastern market for fresh or chilled salmonoids fillets decreased by X% to $X for the first time since 2019, thus ending a three-year rising trend. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level at $X in 2022, and then dropped in the following year.

Production of Fresh Or Chilled Salmonoids Fillets in the Middle East

In value terms, fresh or chilled salmonoids fillets production fell slightly to $X in 2023 estimated in export price. The total production indicated a perceptible expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2022, and then reduced slightly in the following year.

Exports of Fresh Or Chilled Salmonoids Fillets

Exports in the Middle East

Fresh or chilled salmonoids fillets exports rose sharply to X tons in 2023, growing by X% compared with 2022. Over the period under review, exports, however, showed a perceptible contraction. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2023, the growth of the exports failed to regain momentum.

In value terms, fresh or chilled salmonoids fillets exports fell to $X in 2023. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Oman prevails in exports structure, resulting at X tons, which was near X% of total exports in 2023. It was distantly followed by Iran (X tons), committing a X% share of total exports. Yemen (X tons) followed a long way behind the leaders.

Exports from Oman decreased at an average annual rate of X% from 2012 to 2023. At the same time, Iran (X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2023. By contrast, Yemen (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Oman and Iran increased by X and X percentage points, respectively.

In value terms, Oman ($X) remains the largest fresh or chilled salmonoids fillets supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by Iran ($X), with a X% share of total exports.

In Oman, fresh or chilled salmonoids fillets exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Iran (X% per year) and Yemen (X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2023, shrinking by X% against the previous year. Over the period under review, the export price, however, recorded a notable increase. The growth pace was the most rapid in 2022 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Yemen ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Oman (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Fresh Or Chilled Salmonoids Fillets

Imports in the Middle East

In 2023, approx. X tons of fresh or chilled salmonoids fillets were imported in the Middle East; with an increase of X% against 2022. In general, imports, however, recorded a deep slump. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports failed to regain momentum.

In value terms, fresh or chilled salmonoids fillets imports amounted to $X in 2023. Over the period under review, imports, however, continue to indicate a abrupt contraction. The growth pace was the most rapid in 2015 with an increase of X%. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Qatar (X tons) represented the largest importer of fresh or chilled salmonoids fillets, making up X% of total imports. Iraq (X tons) ranks second in terms of the total imports with a X% share, followed by Kuwait (X%), Palestine (X%), Bahrain (X%) and Lebanon (X%). Jordan (X tons) held a little share of total imports.

Imports into Qatar increased at an average annual rate of X% from 2012 to 2023. At the same time, Palestine (X%), Iraq (X%), Bahrain (X%), Kuwait (X%) and Jordan (X%) displayed positive paces of growth. Moreover, Palestine emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2023. By contrast, Lebanon (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Qatar, Iraq, Kuwait, Palestine, Bahrain, Lebanon and Jordan increased by X, X, X, X, X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest fresh or chilled salmonoids fillets importing markets in the Middle East were Kuwait ($X), Iraq ($X) and Bahrain ($X), with a combined X% share of total imports. Palestine, Qatar, Jordan and Lebanon lagged somewhat behind, together accounting for a further X%.

Palestine, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2023, declining by X% against the previous year. Over the period under review, the import price, however, recorded a temperate increase. The pace of growth appeared the most rapid in 2020 when the import price increased by X%. The level of import peaked at $X per ton in 2022, and then dropped notably in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bahrain ($X per ton), while Qatar ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Kuwait (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform