Extracts and juices of meat, fish and aquatic invertebrates market in Western Asia

Earlier Report Observations

The market volume for extracts and juices of meat and fish in Western Asia expanded strongly from 3 260 tons in 2018 to 6 167 tons in 2023, representing a near-doubling over the five-year period. The most pronounced annual increase occurred in 2020, when the market grew by over a third to reach 4 570 tons, setting a new trajectory for subsequent years.

This growth was underpinned by a consistent rise in domestic production, which increased from 3 579 tons to 5 817 tons between 2018 and 2023. Imports also contributed, rising from a low of 46 tons in 2019 to a peak of 498 tons in 2023, while exports declined from 397 tons to 148 tons over the same interval. The combination of higher output, greater import volumes, and reduced outflows steadily enlarged the domestic market.

Trade data for 2024 shows imports remaining elevated at 462 tons and exports at 185 tons, indicating that the market's external trade activity remained brisk beyond the period covered by full market size statistics.

Production extracts and juices of meat, fish and aquatic invertebrates in Western Asia

In kind, 2017-2020, t

Top producers of extracts and juices of meat, fish and aquatic invertebrates, 2017-2020

World map of production of extracts and juices of meat, fish and aquatic invertebrates, 2017-2020

Western Asia's production of extracts and juices from meat, fish, and aquatic invertebrates has grown for the third year in a row. In 2020, the region produced 4 584 tonnes, marking a significant 24.6% increase compared to the previous year. Over the period from 2017 to 2020, production rose by 32.8%, with an average annual growth rate of 9.9%.

Annual dynamics of production in Western Asia in kind, 2017-2020, t

Exports extracts and juices of meat, fish and aquatic invertebrates from Western Asia

Exports in kind, t

Western Asia's exports of extracts and juices from meat, fish, and aquatic invertebrates have declined for the third consecutive year. In 2020, the region exported 291.4 tonnes, which is 12.6% lower than in 2019. Between 2017 and 2020, exports fell by 27%, corresponding to an annualized decrease of 10.0%.

Annual dynamics of product's exports from Western Asia in kind, 2017-2020, t

From 2017 to 2020, Italy accounted for 81.2% of total exports in volume, while the remaining share was distributed among numerous countries, each with smaller individual portions.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Western Asia in kind, 2017-2020

Exports in value, K $ US

Exports of extracts and juices from meat, fish, and aquatic invertebrates from Western Asia have decreased for the third year in a row. In 2020, the region exported 241 000 US dollars' worth of these products, showing a moderate 9.0% drop from 2019. Between 2017 and 2020, exports plummeted by 91%, equating to an annualized decline of 55.2%.

Annual dynamics of product's exports from Western Asia in value, 2017-2020, K $ US

Throughout 2017–2020, two countries—the United States and Italy—dominated the export value of extracts and juices from meat, fish, and aquatic invertebrates from Western Asia, with other markets playing less significant roles individually.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Western Asia in value, 2017-2020

Imports extracts and juices of meat, fish and aquatic invertebrates to Western Asia

Imports in kind, t

The import market for these products showed considerable volatility during this period. In 2019, imports reached their lowest point at 46.5 tonnes, before surging to 278.2 tonnes in 2020—a 498.4% increase year-over-year. This represents a sixfold difference between the peak in 2020 and the trough in 2019. The largest decline occurred in 2019, with a 40.5% drop.

Annual dynamics of product's imports to Western Asia in kind, 2017-2020, t

From 2017 to 2020, Iran led the import structure in volume with a 40.6% share, followed by the Philippines at 18.9% and China at 7.2%. Together, these three countries represented 66.7% of total imports.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Western Asia in kind, 2017-2020

Imports in value, K $ US

Import values exhibited irregular fluctuations, reflecting a volatile market environment. In 2018, imports hit a low of 205 000 US dollars, then jumped to 1 133 000 US dollars in 2020—a sharp 415.6% increase compared to the previous year. This resulted in a 5.5-fold difference between the peak in 2020 and the trough in 2018. The largest decline was recorded in 2018, at 40.5%.

Annual dynamics of product's imports to Western Asia in value, 2017-2020, K $ US

Between 2017 and 2020, Iran was the top destination for imports in value terms with a 29.5% share, followed by Japan at 16.8% and the United Kingdom at 10.0%. Collectively, these three countries accounted for 56.2% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Western Asia in value, 2017-2020