Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Egypt - 2022

Contents:

  1. Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Egypt (CIF) - 2022
  2. Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Egypt

Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Egypt (CIF) - 2022

In 2022, the average import price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s amounted to $2,844 per ton, with a decrease of -5.4% against the previous year. Overall, the import price showed a mild shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 32% against the previous year. As a result, import price reached the peak level of $3,007 per ton, and then reduced in the following year.

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

From 2019 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -1.6% per year.

Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Egypt

After three years of growth, overseas purchases of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s decreased by -35.7% to 450 kg in 2022. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 250% against the previous year. As a result, imports reached the peak of 700 kg, and then shrank sharply in the following year.

In value terms, imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s dropped significantly to $1.3K in 2022. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 362% against the previous year. As a result, imports attained the peak of $2.1K, and then dropped sharply in the following year.

Import of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Egypt (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands5974565941,28028.9%
GermanyN/AN/A1,511N/A0%
OthersN/AN/AN/AN/A0%
Total5974562,1051,28028.9%

Top Suppliers of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) to Egypt in 2022:

  1. Netherlands (450.0 kg)

Source: IndexBox Market Intelligence Platform

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