Frozen Catfish Fillet Price in Tanzania - 2022
Contents:
- Frozen Catfish Fillet Price in Tanzania (FOB) - 2022
- Frozen Catfish Fillet Price in Tanzania (CIF) - 2022
- Frozen Catfish Fillet Exports in Tanzania
- Frozen Catfish Fillet Imports in Tanzania
Frozen Catfish Fillet Price in Tanzania (FOB) - 2022
In 2022, the average frozen catfish fillet export price amounted to $6,865 per ton, with an increase of 22% against the previous year. Over the period under review, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen catfish fillet export price increased by +98.4% against 2018 indices. The pace of growth appeared the most rapid in 2020 when the average export price increased by 30% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($7,288 per ton), while the average price for exports to the Czech Republic totaled $4,513 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+2.5%).
Frozen Catfish Fillet Price in Tanzania (CIF) - 2022
In 2022, the average frozen catfish fillet import price amounted to $1,387 per ton, which is down by -11.4% against the previous year. Over the period under review, the import price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2019 an increase of 15%. Over the period under review, average import prices attained the peak figure at $3,430 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Vietnam.
From 2012 to 2022, the rate of growth in terms of prices for Vietnam amounted to -8.5% per year.
Frozen Catfish Fillet Exports in Tanzania
In 2022, approx. 23 tons of frozen catfish fillets were exported from Tanzania; waning by -49.6% on the year before. Over the period under review, exports recorded a precipitous contraction. The smallest decline of -12.2% was in 2021.
In value terms, frozen catfish fillet exports shrank rapidly to $156K in 2022. In general, exports showed a deep setback. The pace of growth appeared the most rapid in 2020 with an increase of 30% against the previous year.
| Export of Frozen Catfish Fillet in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 187 | 244 | 254 | 140 | -9.2% |
| Czech Republic | N/A | N/A | N/A | 15.6 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 187 | 244 | 254 | 156 | -5.9% |
Top Export Markets for Frozen Catfish Fillet from Tanzania in 2022:
- United Arab Emirates (19.2 tons)
- Czech Republic (3.5 tons)
Frozen Catfish Fillet Imports in Tanzania
For the third year in a row, Tanzania recorded decline in supplies from abroad of frozen catfish fillets, which decreased by -3.5% to 939 kg in 2022. Overall, imports recorded a noticeable decrease.
In value terms, frozen catfish fillet imports declined to $1.3K in 2022. Over the period under review, imports showed a deep contraction. The smallest decline of -14.5% was in 2020.
| Import of Frozen Catfish Fillet in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 2.1 | 1.8 | 0.8 | 0.7 | -30.7% |
| Others | N/A | N/A | 0.8 | 0.7 | -12.5% |
| Total | 2.1 | 1.8 | 1.5 | 1.3 | -14.8% |
Top Suppliers of Frozen Catfish Fillet to Tanzania in 2022:
- Vietnam (460.0 kg)
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