Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Ghana - 2022

Contents:

  1. Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Ghana (CIF) - 2022
  2. Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Ghana

Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Ghana (CIF) - 2022

In 2022, the average import price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s amounted to $7,000 per ton, with an increase of 11% against the previous year. Overall, the import price posted a modest expansion. The pace of growth was the most pronounced in 2019 when the average import price increased by 50% against the previous year. As a result, import price attained the peak level of $10,414 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Portugal ($8,571 per ton), while the price for Germany ($6,263 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+11.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Ghana

In 2022, after three years of growth, there was significant decline in purchases abroad of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s, when their volume decreased by -34.3% to 499 kg. Overall, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 222% against the previous year. As a result, imports attained the peak of 759 kg, and then reduced notably in the following year.

In value terms, imports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s dropped notably to $3.5K in 2022. In general, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 116% against the previous year. As a result, imports attained the peak of $4.8K, and then fell rapidly in the following year.

Import of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Ghana (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2011,4682,40294767.6%
Germany55.06062,368739137.7%
PortugalN/AN/AN/A60.00%
Others1,1291374.01,74715.7%
Total1,3852,2114,7743,49336.1%

Top Suppliers of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) to Ghana in 2022:

  1. Netherlands (124.0 kg)
  2. Germany (118.0 kg)
  3. Portugal (7.0 kg)

Source: IndexBox Market Intelligence Platform

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