Frozen Tilapia Fillets Price in Ethiopia - 2022
Contents:
Frozen Tilapia Fillets Price in Ethiopia (CIF) - 2022
In 2022, the average frozen tilapia fillets import price amounted to $4,095 per ton, shrinking by -26.9% against the previous year. Overall, the import price, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by 67%. As a result, import price attained the peak level of $6,197 per ton. From 2021 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for Kenya amounted to +9.7% per year.
Frozen Tilapia Fillets Imports in Ethiopia
In 2022, supplies from abroad of frozen tilapia fillets was finally on the rise to reach 3 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, frozen tilapia fillets imports surged to $12K in 2022. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Frozen Tilapia Fillets in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | N/A | N/A | N/A | 12.1 | 0% |
Kenya | 1.0 | 0.8 | 0.6 | N/A | -22.5% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1.0 | 0.8 | 0.6 | 12.1 | 129.6% |
Top Suppliers of Frozen Tilapia Fillets to Ethiopia in 2022:
- United Arab Emirates (3.0 tons)
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