Turkey aquaculture market trends

Published 2022년 4월 18일

Tridge summary

The Turkish aquaculture industry, with an annual production of 780,000 tons of aquatic products worth $1.481 billion in 2020, is expected to grow due to government support and increasing demand for aquaculture equipment and medicines. The industry, which accounts for 53% of the total production, is seeking to attract foreign companies, including Korean ones, for sustainable growth. Despite being the ninth largest producer of aquaculture in the world, Turkey imports a significant amount of fish feed and ozone generators annually. The government is also taking steps towards sustainable growth and diversifying farmed fish species.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The aquaculture industry centered on small enterprises is expected to grow continuously, led by the government. Construction of large-scale fishery specialized complex, spawning center, hatchery, etc. Demand for aquaculture equipment and aquaculture medicines likely to increase Invest and support foreign companies in the same way as domestic companies According to data from the Turkish Ministry of Agriculture and Forestry, as of 2020, the annual production of aquatic products in Turkey was 780,000 tons, with the production of aquatic products worth $1.481 billion. Aquaculture accounts for 53% (421,000 tons) of total production and general fisheries accounts for 47% (364,000 tons), and the proportion of aquaculture is steadily increasing. Turkey is the ninth largest producer of aquaculture in the world, with a total of 2139 farms as of 2020. There are only 96 large-scale aquaculture farms capable of producing more than 1,000 tons per year, but they account for about half of the ...

Source: Fisheco