Price for Fish fillets; frozen, flat fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Nigeria - 2022

Contents:

  1. Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Nigeria (CIF) - 2022
  2. Imports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Nigeria

Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Nigeria (CIF) - 2022

The average import price for fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s stood at $4,081 per ton in 2022, falling by -28.6% against the previous year. Overall, the import price saw a noticeable curtailment. The pace of growth was the most pronounced in 2013 when the average import price increased by 117%. As a result, import price attained the peak level of $11,067 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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 the Netherlands amounted to +9.5% per year.

Imports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Nigeria

In 2022, the amount of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s imported into Nigeria soared to 90 tons, with an increase of 1,034% compared with the year before. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s skyrocketed to $367K in 2022. Over the period under review, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
VietnamN/AN/AN/A3670%
United StatesN/AN/A30.2N/A0%
Italy5.54.312.5N/A50.8%
Netherlands16.011.92.6N/A-59.7%
OthersN/AN/AN/AN/A0%
Total21.416.245.3367157.9%

Top Suppliers of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) to Nigeria in 2022:

  1. Vietnam (89.8 tons)

Source: IndexBox Market Intelligence Platform

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