Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Egypt - 2023

Contents:

  1. Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Egypt (CIF) - 2022
  2. Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Egypt (FOB) - 2022
  3. Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Egypt
  4. Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Egypt

Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Egypt (CIF) - 2022

In 2022, the average import price for fish fillets; fresh or chilled, other than fish of heading 0304.4s amounted to $15,669 per ton, growing by 7.9% against the previous year. Overall, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fish fillets; fresh or chilled, other than fish of heading 0304.4s increased by +67.2% against 2015 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 26% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Vietnam.

From 2012 to 2022, the rate of growth in terms of prices for Vietnam amounted to +4.4% per year.

Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Egypt (FOB) - 2022

In 2022, the average export price for fish fillets; fresh or chilled, other than fish of heading 0304.4s amounted to $14,840 per ton, flattening at the previous year. In general, the export price, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2014 an increase of 128% against the previous year. The export price peaked at $15,503 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($42,683 per ton), while the average price for exports to Bahrain ($2,587 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (+77.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Egypt

After two years of decline, supplies from abroad of fish fillets; fresh or chilled, other than fish of heading 0304.4s increased by 183% to 20 tons in 2022. Over the period under review, imports, however, recorded a precipitous contraction.

In value terms, imports of fish fillets; fresh or chilled, other than fish of heading 0304.4s surged to $306K in 2022. In general, imports, however, faced a sharp curtailment.

Import of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam1,03656784.2306-33.4%
Others8.95.116.3N/A35.3%
Total1,044572100306-33.6%

Top Suppliers of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 to Egypt in 2022:

  1. Vietnam (19.6 tons)

Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Egypt

In 2022, approx. 1.5 tons of fish fillets; fresh or chilled, other than fish of heading 0304.4s were exported from Egypt; falling by -42.2% against 2021. In general, exports continue to indicate a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 536%.

In value terms, exports of fish fillets; fresh or chilled, other than fish of heading 0304.4s contracted notably to $22K in 2022. Overall, exports recorded a precipitous setback. The pace of growth appeared the most rapid in 2021 with an increase of 594%.

Export of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France56.13.514.018.4-31.0%
Bahrain2.30.56.32.64.2%
KenyaN/AN/A15.9N/A0%
Others0.61.52.20.810.1%
Total59.05.538.321.9-28.1%

Top Export Markets for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 from Egypt in 2022:

  1. Bahrain (1023.0 kg)
  2. France (432.0 kg)

Source: IndexBox Market Intelligence Platform

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