Frozen Catfish Price in Tanzania - 2022
Contents:
- Frozen Catfish Price in Tanzania (CIF) - 2022
- Frozen Catfish Price in Tanzania (FOB) - 2022
- Frozen Catfish Imports in Tanzania
- Frozen Catfish Exports in Tanzania
Frozen Catfish Price in Tanzania (CIF) - 2022
The average frozen catfish import price stood at $1,619 per ton in 2022, reducing by -42.6% against the previous year. Overall, the import price recorded a noticeable shrinkage. The growth pace was the most rapid in 2017 an increase of 136%. Over the period under review, average import prices hit record highs at $2,820 per ton in 2021, and then contracted rapidly in the following year.
As there is only one major supplying country, the average price level is determined by prices for Nigeria.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +24.5% per year.
Frozen Catfish Price in Tanzania (FOB) - 2022
The average frozen catfish export price stood at $7,701 per ton in 2021, approximately equating the previous year. In general, the export price saw a resilient expansion. The pace of growth appeared the most rapid in 2020 a decrease of 99.9% against the previous year. The export price peaked in 2021 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From 2019 to 2021, the rate of growth in terms of prices for Saudi Arabia amounted to +16.1% per year.
Frozen Catfish Imports in Tanzania
In 2022, purchases abroad of frozen catfish decreased by 99.9% to 21 kg for the first time since 2018, thus ending a three-year rising trend. Overall, imports saw a sharp descent. The pace of growth was the most pronounced in 2021 when imports increased by 125% against the previous year. As a result, imports attained the peak of 80 tons, and then fell rapidly in the following year.
In value terms, frozen catfish imports contracted remarkably to $34 in 2022. Over the period under review, imports continue to indicate a sharp curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 151% against the previous year. As a result, imports attained the peak of $226K, and then shrank rapidly in the following year.
| Import of Frozen Catfish in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 56.8 | 90.0 | 53.7 | N/A | -2.8% |
| Nigeria | N/A | N/A | 118 | N/A | 0% |
| Others | N/A | N/A | 53.7 | N/A | 0% |
| Total | 56.8 | 90.0 | 226 | N/A | 99.5% |
Top Suppliers of Frozen Catfish to Tanzania in 2022:
- Nigeria (21.0 kg)
Frozen Catfish Exports in Tanzania
In 2021, frozen catfish exports from Tanzania totaled 49 tons, approximately equating the previous year's figure. In general, exports continue to indicate a sharp slump. The smallest decline of 99.9% was in 2020.
In value terms, frozen catfish exports stood at $374K in 2021. Over the period under review, exports showed a significant curtailment. The smallest decline of 99.9% was in 2020.
| Export of Frozen Catfish in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Saudi Arabia | 838 | N/A | 374 | -33.2% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 838 | N/A | 374 | -33.2% | |
Top Export Markets for Frozen Catfish from Tanzania in 2022:
- Saudi Arabia (48.6 tons)
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