Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Kenya - 2022

Contents:

  1. Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Kenya (FOB) - 2022
  2. Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Kenya (CIF) - 2022
  3. Exports of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Kenya
  4. Imports of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Kenya

Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Kenya (FOB) - 2022

The average export price for fish fillets; frozen, nile perch (lates niloticus)s stood at $5,723 per ton in 2022, shrinking by -4.4% against the previous year. Over the period under review, the export price recorded a slight reduction. The pace of growth was the most pronounced in 2021 an increase of 28%. Over the period under review, the average export prices attained the maximum at $6,942 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Lebanon ($7,572 per ton), while the average price for exports to Spain ($4,786 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+21.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Kenya (CIF) - 2022

The average import price for fish fillets; frozen, nile perch (lates niloticus)s stood at $1,654 per ton in 2022, falling by -41.5% against the previous year. In general, the import price recorded a abrupt downturn. The pace of growth appeared the most rapid in 2017 when the average import price increased by 21% against the previous year. The import price peaked at $3,471 per ton in 2020; however, from 2021 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 Uganda ($2,320 per ton), while the price for Tanzania stood at $1,331 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uganda (-3.1%).

Exports of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Kenya

In 2022, the amount of fish fillets; frozen, nile perch (lates niloticus)s exported from Kenya stood at 1.4K tons, therefore, remained relatively stable against the previous year. In general, exports, however, faced a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 298% against the previous year.

In value terms, exports of fish fillets; frozen, nile perch (lates niloticus)s contracted slightly to $8.2M in 2022. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 411% against the previous year. As a result, the exports attained the peak of $8.6M, and then declined in the following year.

Export of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania19588.55071,39892.8%
Spain11827.52371,117111.5%
Italy22782.84431,04166.1%
Greece59.384.5646930150.3%
Portugal11.713.6393744299.1%
Israel3,253526717552-44.6%
Netherlands18557.547.648537.9%
United Arab Emirates82.725.926033659.6%
Germany12227.673.532138.1%
Australia94.029.836726441.1%
Lithuania74.6N/AN/A24448.4%
LebanonN/AN/AN/A1890%
Poland11333.91501284.2%
Others3,6686854,760483-49.1%
Total8,2031,6838,6018,2340.1%

Top Export Markets for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) from Kenya in 2022:

  1. Spain (233.5 tons)
  2. Romania (216.0 tons)
  3. Italy (184.6 tons)
  4. Greece (175.2 tons)
  5. Portugal (139.2 tons)
  6. Israel (74.1 tons)
  7. Netherlands (72.5 tons)
  8. United Arab Emirates (53.1 tons)
  9. Germany (49.0 tons)
  10. Lithuania (48.0 tons)
  11. Australia (36.7 tons)
  12. Poland (25.0 tons)
  13. Lebanon (25.0 tons)

Imports of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Kenya

In 2022, approx. 335 tons of fish fillets; frozen, nile perch (lates niloticus)s were imported into Kenya; picking up by 81% on the previous year's figure. In general, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 2,044% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of fish fillets; frozen, nile perch (lates niloticus)s amounted to $555K in 2022. Overall, imports recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 2,212%. As a result, imports reached the peak of $722K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tanzania2.673.065.7300386.8%
Uganda28.6649457254107.1%
OthersN/AN/AN/AN/A0%
Total31.3722522555160.8%

Top Suppliers of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) to Kenya in 2022:

  1. Tanzania (225.8 tons)
  2. Uganda (109.5 tons)

Source: IndexBox Market Intelligence Platform

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