Price for Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Ethiopia - 2022

Contents:

  1. Price for Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Ethiopia (CIF) - 2022
  2. Imports of Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Ethiopia

Price for Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Ethiopia (CIF) - 2022

In 2022, the average import price for fish amounted to $1,869 per ton, approximately mirroring the previous year. Over the period under review, the import price saw a perceptible reduction. The pace of growth appeared the most rapid in 2014 an increase of 24% against the previous year. Over the period under review, average import prices hit record highs at $2,443 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Norway amounted to -5.4% per year.

Imports of Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Ethiopia

In 2022, approx. 158 tons of fish were imported into Ethiopia; picking up by 11% on 2021 figures. The total import volume increased at an average annual rate of +10.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 11%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of fish rose remarkably to $295K in 2022. The total import value increased at an average annual rate of +10.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 10%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway21924226729510.4%
OthersN/AN/AN/AN/A0%
Total21924226729510.4%

Top Suppliers of Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) to Ethiopia in 2022:

  1. Norway (157.9 tons)

Source: IndexBox Market Intelligence Platform

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