Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Morocco - 2022
Contents:
- Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Morocco (FOB) - 2022
- Exports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Morocco
Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Morocco (FOB) - 2022
The average export price for fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s stood at $4,617 per ton in 2022, declining by -28.2% against the previous year. Over the period under review, the export price, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 when the average export price increased by 41%. As a result, the export price reached the peak level of $6,426 per ton, and then declined sharply in the following year.
As there is only one major export destination, the average price level is determined by prices for Ghana.
From 2013 to 2022, the rate of growth in terms of prices for Ghana amounted to +34.1% per year.
Exports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Morocco
For the third year in a row, Morocco recorded growth in overseas shipments of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s, which increased by 11% to 60 kg in 2022. The total export volume increased at an average annual rate of +10.7% from 2020 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s declined remarkably to $277 in 2022. In general, total exports indicated resilient growth from 2020 to 2022: its value increased at an average annual rate of +11.2% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +23.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 55% against the previous year. As a result, the exports reached the peak of $347, and then fell sharply in the following year.
| Export of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Morocco (USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
| Ghana | N/A | N/A | 277 | 0% |
| Switzerland | 224 | N/A | N/A | 0% |
| United Arab Emirates | N/A | 347 | N/A | 0% |
| Others | N/A | N/A | N/A | 0% |
| Total | 224 | 347 | 277 | 11.2% |
Top Export Markets for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) from Morocco in 2022:
- Ghana (60.0 kg)
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