Price for Fish; Edible Offal, Shark Fins in Ethiopia - 2022
Contents:
- Price for Fish; Edible Offal, Shark Fins in Ethiopia (FOB) - 2022
- Exports of Fish; Edible Offal, Shark Fins in Ethiopia
Price for Fish; Edible Offal, Shark Fins in Ethiopia (FOB) - 2022
In 2022, the average export price for fish; edible offal, shark finses amounted to $36,790 per ton, rising by 1.7% against the previous year. Over the period under review, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fish; edible offal, shark fins export price decreased by -0.9% against 2020 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 24%. The export price peaked at $37,139 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.
From 2012 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to +3.9% per year.
Exports of Fish; Edible Offal, Shark Fins in Ethiopia
In 2022, approx. 3.6 tons of fish; edible offal, shark finses were exported from Ethiopia; jumping by 38% against the year before. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 398%. As a result, the exports attained the peak of 4.6 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, fish; edible offal, shark fins exports surged to $133K in 2022. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 493% against the previous year. As a result, the exports reached the peak of $171K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Fish; Edible Offal, Shark Fins in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 28.8 | 171 | 94.3 | 133 | 66.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 28.8 | 171 | 94.3 | 133 | 66.5% |
Top Export Markets for Fish; Edible Offal, Shark Fins from Ethiopia in 2022:
- Hong Kong SAR (3.6 tons)
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