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Tanzania - Fish Fillets and Other Fish Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Fish Fillets and Other Fish Meat in Tanzania - 2022
Contents:
- Price for Fish Fillets and Other Fish Meat in Tanzania (FOB) - 2022
- Price for Fish Fillets and Other Fish Meat in Tanzania (CIF) - 2022
- Exports of Fish Fillets and Other Fish Meat in Tanzania
- Imports of Fish Fillets and Other Fish Meat in Tanzania
Price for Fish Fillets and Other Fish Meat in Tanzania (FOB) - 2022
The average export price for fish fillets and other fish meat stood at $7,611 per ton in December 2021, remaining relatively unchanged against the previous month. Over the last eleven-month period, it increased at an average monthly rate of +4.7%. The most prominent rate of growth was recorded in April 2021 when the average export price increased by 19% m-o-m. The export price peaked at $7,630 per ton in November 2021, and then contracted modestly in the following month.
Average prices varied somewhat for the major foreign markets. In December 2021, the countries with the highest prices were Portugal ($9,175 per ton) and Saudi Arabia ($9,098 per ton), while the average price for exports to Rwanda ($6,818 per ton) and Belgium ($7,133 per ton) were amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fish Fillets and Other Fish Meat in Tanzania (CIF) - 2022
In 2022, the average import price for fish fillets and other fish meat amounted to $894 per ton, dropping by -24.8% against the previous year. In general, the import price recorded a noticeable downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by 121% against the previous year. As a result, import price attained the peak level of $2,665 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($1,914 per ton), while the price for Oman ($352 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+11.9%), while the prices for the other major suppliers experienced a decline.
Exports of Fish Fillets and Other Fish Meat in Tanzania
In 2022, shipments abroad of fish fillets and other fish meat was finally on the rise to reach 13K tons after two years of decline. Overall, exports, however, continue to indicate a dramatic curtailment.
In value terms, exports of fish fillets and other fish meat declined to $79M in 2022. Over the period under review, exports, however, showed a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 30%.
Export of Fish Fillets and Other Fish Meat in Tanzania (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 28.8 | 20.2 | 22.0 | 18.9 | -13.1% |
Italy | 8.8 | 4.0 | 13.3 | 7.8 | -3.9% |
Spain | 13.4 | 3.6 | 5.9 | 6.1 | -23.1% |
Israel | 8.6 | 6.3 | 6.6 | 5.7 | -12.8% |
United Arab Emirates | 6.0 | 4.3 | 5.6 | 5.6 | -2.3% |
Greece | 6.1 | 2.7 | 5.9 | 4.1 | -12.4% |
Saudi Arabia | 2.4 | 0.2 | 1.5 | 4.0 | 18.6% |
Romania | 4.5 | 2.5 | 7.4 | 3.7 | -6.3% |
Japan | 4.5 | 1.2 | 1.2 | 2.9 | -13.6% |
Portugal | 6.7 | 3.0 | 1.7 | 1.7 | -36.7% |
Rwanda | 1.6 | 1.3 | 2.2 | 1.7 | 2.0% |
Belgium | 2.2 | 6.2 | 7.9 | 1.4 | -14.0% |
Kenya | 1.9 | 1.1 | 0.6 | 0.5 | -35.9% |
Others | 22.8 | 11.6 | 7.0 | 15.1 | -12.8% |
Total | 118 | 68.1 | 88.6 | 79.1 | -12.5% |
Top Export Markets for Fish Fillets and Other Fish Meat from Tanzania in 2022:
- Netherlands (3213.6 tons)
- Italy (1374.1 tons)
- Spain (999.9 tons)
- United Arab Emirates (893.8 tons)
- Israel (792.5 tons)
- Greece (760.8 tons)
- Romania (633.5 tons)
- Saudi Arabia (523.1 tons)
- Japan (480.6 tons)
- Kenya (450.1 tons)
- Rwanda (339.6 tons)
- Portugal (269.2 tons)
- Belgium (253.0 tons)
Imports of Fish Fillets and Other Fish Meat in Tanzania
In 2022, supplies from abroad of fish fillets and other fish meat decreased by -2.9% to 189 tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +3.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 37% against the previous year. As a result, imports attained the peak of 236 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of fish fillets and other fish meat reduced notably to $169K in 2022. Overall, imports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 34% against the previous year. As a result, imports attained the peak of $310K. From 2021 to 2022, the growth of imports of remained at a lower figure.
Import of Fish Fillets and Other Fish Meat in Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Norway | 25.7 | 34.8 | 24.7 | 50.5 | 25.3% |
South Korea | 42.3 | 73.9 | 27.3 | 29.4 | -11.4% |
Seychelles | N/A | N/A | N/A | 28.7 | 0% |
Oman | N/A | N/A | N/A | 19.5 | 0% |
China | 86.8 | 95.1 | 31.3 | 15.9 | -43.2% |
Japan | 24.8 | 31.1 | 128 | 13.7 | -17.9% |
Taiwan (Chinese) | N/A | 24.4 | N/A | 9.7 | -36.9% |
Peru | 16.8 | 16.9 | N/A | N/A | 0.6% |
Turkey | N/A | N/A | 13.9 | N/A | 0% |
Others | 34.3 | 33.6 | 6.0 | 1.2 | -67.3% |
Total | 231 | 310 | 231 | 169 | -9.9% |
Top Suppliers of Fish Fillets and Other Fish Meat to Tanzania in 2022:
- Oman (55.4 tons)
- Norway (26.4 tons)
- Seychelles (24.9 tons)
- Taiwan (Chinese) (24.9 tons)
- South Korea (23.4 tons)
- China (17.7 tons)
- Japan (15.0 tons)
This report provides an in-depth analysis of the market for fish fillets and other fish meat in Tanzania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10201100 - Fresh or chilled fish fillets and other fish meat without bones
- Prodcom 10201400 - Frozen fish fillets
- Prodcom 10201500 - Frozen fish meat without bones (excluding fillets)
- Prodcom 10201110 -
- Prodcom 10201510 -
- Prodcom 10201520 -
Country coverage:
- Tanzania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Tanzania
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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