Quantitative and Strategic Review (2020-2024)
Understanding the recent evolution of Türkiye's frozen shrimp import market is critical for identifying strategic opportunities and navigating potential risks. This analysis provides a foundational view of the market's size, growth trajectory, and key structural shifts over the past five years, offering a data-driven perspective on its current state and historical context.
From 2020 to 2024, Türkiye's frozen shrimp import market underwent a volatile cycle, marked by a surge in import value that peaked in 2022 followed by a sharp market correction. The market expanded dramatically from a base of USD 5,242 thousand in 2020 to a peak of USD 42,651 thousand in 2022. This phase was followed by a significant contraction, with values falling to USD 37,422 thousand in 2023 and further declining to USD 22,442 thousand in 2024. This trajectory suggests a classic boom-and-bust cycle, likely driven by post-pandemic logistical disruptions and overstocking, now facing a demand-side correction.
Total Import Value (2024)
USD 22,442k
Total Import Quantity (2024)
3,319 Tons
Average Unit Value (2024)
USD 6,762 /Ton
This overview of the total market sets the stage for a more detailed examination of the specific countries that are supplying this demand.
Analyzing the supplier landscape is essential for understanding the competitive dynamics of the market. The concentration of suppliers, shifts in trade flows, and the emergence of new players reveal crucial information about market dependencies, price competitiveness, and potential supply chain vulnerabilities or opportunities.
The data reveals a market overwhelmingly dominated by a single supplier. In 2024, imports from Malaysia were valued at USD 15,655 thousand, accounting for a commanding 69.8% market share. This level of concentration creates a critical single-point-of-failure risk for the Turkish market. Any disruption to Malaysia's production or export capacity could have a profound impact on the entire Turkish frozen shrimp supply chain.
While Malaysia holds the primary position, a group of secondary suppliers makes up the remainder of the significant market share. The next four largest exporters to Türkiye in 2024 are detailed below, showcasing a wide variance in their scale and unit value.
Exporter | Import Value (USD thousand) | Market Share (%) | Unit Value (USD/Ton) |
---|---|---|---|
Egypt | 1,930 | 8.6% | 7,975 |
Viet Nam | 1,449 | 6.5% | 19,581 (Premium) |
Iran | 1,308 | 5.8% | 4,526 |
Venezuela | 672 | 3.0% | 5,091 |
The exceptionally high unit value of imports from Viet Nam (USD 19,581/Ton) suggests a focus on a different product category, such as value-added, processed, or large-format shrimp, rather than raw commodity products. This points to market segmentation within Türkiye, where a high-value niche exists alongside the larger volume-driven market supplied by nations like Iran (USD 4,526/Ton).
The period between 2023 and 2024 was marked by significant volatility and realignment among Türkiye's key shrimp suppliers. Most notably, **Egypt emerged as a rapidly growing supplier, with its import value increasing by an exceptional 338%**. In stark contrast, several previously established suppliers experienced sharp declines, including Iran (-61%) and India (-60%).
These dramatic shifts are clear indicators of changing competitive advantages and demonstrate that Turkish importers are actively re-evaluating their sourcing strategies in response to global market conditions. The market's fluidity below the top position underscores a highly competitive environment where supplier relationships are continuously contested.
This examination of international supply dynamics naturally leads to the question of which domestic companies are driving these import activities.
Identifying the key domestic players is fundamental to understanding the market structure within Türkiye. These companies are the primary demand drivers, representing the crucial distribution channels that connect international suppliers with the Turkish end-consumer. The following list of registered importers active in 2024 offers insight into the composition of the buyer landscape. Note: The list includes two distinct registered importers with highly similar names ('Polat Balikçilik...'), which may represent separate legal entities or a data anomaly.
Importer (Column 1)
Importer (Column 2)
This list of importers provides the basis for a deeper dive into the domestic supply chain, which leads to the final strategic considerations of this analysis.
This report provides a foundational, data-driven analysis of Türkiye's frozen shrimp import market from 2020 to 2024. The data reveals a complex and evolving market characterized by rapid shifts in size, supplier concentration, and competitive dynamics. The most critical insights for strategic consideration are summarized below.