Live Fish Price in Ethiopia - 2022
Contents:
- Live Fish Price in Ethiopia (FOB) - 2022
- Live Fish Price in Ethiopia (CIF) - 2022
- Live Fish Exports in Ethiopia
- Live Fish Imports in Ethiopia
Live Fish Price in Ethiopia (FOB) - 2022
The average live fish export price stood at $19,836 per ton in 2022, jumping by 50% against the previous year. Over the period under review, the export price continues to indicate notable growth. The most prominent rate of growth was recorded in 2017 an increase of 89% against the previous year. Over the period under review, the average export prices hit record highs at $24,220 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Indonesia ($19,985 per ton) and Oman ($19,905 per ton), while the average price for exports to Canada ($19,444 per ton) and Hong Kong SAR ($19,901 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+39.2%), while the prices for the other major destinations experienced more modest paces of growth.
Live Fish Price in Ethiopia (CIF) - 2022
The average live fish import price stood at $7,632 per ton in 2022, growing by 24% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 49%. The import price peaked at $8,902 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($243,000 per ton), while the price for South Africa ($2,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+12.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Live Fish Exports in Ethiopia
In 2022, approx. 280 kg of live fish were exported from Ethiopia; declining by -71.2% compared with the previous year's figure. Over the period under review, exports saw a dramatic contraction. The growth pace was the most rapid in 2021 when exports increased by 15%.
In value terms, live fish exports dropped rapidly to $5.6K in 2022. In general, exports recorded a sharp downturn. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year.
| Export of Live Fish in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 14.3 | 7.6 | 4.8 | 3.2 | -39.3% |
| Indonesia | N/A | N/A | N/A | 1.4 | 0% |
| Oman | 5.1 | N/A | N/A | 0.8 | -46.1% |
| Canada | 0.8 | 0.6 | 0.3 | 0.2 | -37.0% |
| Nigeria | N/A | N/A | 0.3 | N/A | 0% |
| Sri Lanka | N/A | N/A | 7.3 | N/A | 0% |
| United Kingdom | N/A | 2.4 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 20.3 | 10.7 | 12.8 | 5.6 | -34.9% |
Top Export Markets for Live Fish from Ethiopia in 2022:
- Hong Kong SAR (161.0 kg)
- Indonesia (68.0 kg)
- Oman (42.0 kg)
- Canada (9.0 kg)
Live Fish Imports in Ethiopia
In 2022, supplies from abroad of live fish decreased by -95.9% to 45 kg, falling for the second year in a row after two years of growth. In general, imports recorded a significant curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 138%. As a result, imports attained the peak of 2.2 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, live fish imports fell notably to $1K in 2022. Over the period under review, imports recorded a sharp shrinkage. The growth pace was the most rapid in 2020 when imports increased by 75%. As a result, imports reached the peak of $6.5K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Live Fish in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 0.5 | 0.8 | 0.8 | 0.5 | 0.0% |
| Madagascar | N/A | N/A | N/A | 0.4 | 0% |
| Kenya | 1.2 | 5.7 | 2.9 | 0.1 | -56.3% |
| Vietnam | 1.4 | N/A | N/A | N/A | 0% |
| India | 0.4 | N/A | N/A | N/A | 0% |
| South Africa | N/A | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 3.7 | 6.5 | 3.8 | 1.0 | -35.3% |
Top Suppliers of Live Fish to Ethiopia in 2022:
- Kenya (31.0 kg)
- Madagascar (10.0 kg)
- South Africa (2.0 kg)
- France (2.0 kg)
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