Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Ghana - 2022

Contents:

  1. Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Ghana (CIF) - 2022
  2. Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Ghana (FOB) - 2022
  3. Imports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Ghana
  4. Exports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Ghana

Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Ghana (CIF) - 2022

In 2022, the average import price for fish fillets; fresh or chilled, tilapias (oreochromis spp.)s amounted to $2,379 per ton, reducing by -1.8% against the previous year. Overall, the import price, however, posted a prominent expansion. The pace of growth was the most pronounced in 2016 when the average import price increased by 159%. Over the period under review, average import prices hit record highs at $7,481 per ton in 2019; however, from 2020 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 Switzerland ($10,909 per ton), while the price for the UK amounted to $1,292 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Togo (+12.0%).

Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Ghana (FOB) - 2022

In 2022, the average export price for fish fillets; fresh or chilled, tilapias (oreochromis spp.)s amounted to $8,731 per ton, jumping by 35% against the previous year. Overall, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fish fillets; fresh or chilled, tilapias (oreochromis spp.)s increased by +159.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 61%. The export price peaked at $9,664 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($9,667 per ton), while the average price for exports to Canada stood at $8,609 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+1.0%).

Imports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Ghana

For the fourth year in a row, Ghana recorded growth in overseas purchases of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s, which increased by 1.4% to 779 kg in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +16.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.7% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 36%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, imports of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s shrank modestly to $1.9K in 2022. Over the period under review, imports, however, recorded a dramatic contraction. The smallest decline of -0.4% was in 2021.

Import of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwitzerlandN/AN/AN/A1.00%
United Kingdom0.11.91.90.9108.0%
Malaysia3.3N/AN/AN/A0%
Others0.3N/AN/AN/A0%
Total3.71.91.91.9-19.9%

Top Suppliers of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) to Ghana in 2022:

  1. United Kingdom (691.0 kg)
  2. Switzerland (88.0 kg)

Exports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Ghana

Exports of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s from Ghana shrank to 26 kg in 2022, declining by -13.3% against the previous year's figure. Over the period under review, exports continue to indicate a abrupt contraction. The smallest decline of -9.1% was in 2021.

In value terms, exports of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s skyrocketed to $227 in 2022. The total export value increased at an average annual rate of +11.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Ghana (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada1491791941989.9%
FranceN/AN/AN/A29.00%
Niger16.0N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total16517919422711.2%

Top Export Markets for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) from Ghana in 2022:

  1. Canada (23.0 kg)
  2. France (3.0 kg)

Source: IndexBox Market Intelligence Platform

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