Price for Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Kenya - 2022
Contents:
- Price for Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Kenya (CIF) - 2022
- Price for Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Kenya (FOB) - 2022
- Imports of Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Kenya
- Exports of Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Kenya
Price for Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Kenya (CIF) - 2022
In 2022, the average import price for fish amounted to $51,402 per ton, with an increase of 44% against the previous year. In general, the import price recorded significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($662,881 per ton), while the price for Uganda ($33,231 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+68.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Kenya (FOB) - 2022
The average export price for fish stood at $5,987 per ton in 2022, increasing by 4.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($22,373 per ton), while the average price for exports to France ($1,978 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 Hong Kong SAR (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Kenya
For the third consecutive year, Kenya recorded decline in overseas purchases of fish, which decreased by -16.5% to 99 tons in 2022. Overall, imports continue to indicate a deep contraction. The smallest decline of -16.5% was in 2021.
In value terms, imports of fish soared to $5.1M in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 1.4 | 1.7 | 2.1 | 2.5 | 21.3% |
| Tanzania | 1.4 | 1.7 | 2.0 | 2.4 | 19.7% |
| Others | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Total | 2.9 | 3.5 | 4.2 | 5.1 | 20.7% |
Top Suppliers of Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) to Kenya in 2022:
- Uganda (75.1 tons)
- Tanzania (23.2 tons)
Exports of Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Kenya
For the third consecutive year, Kenya recorded decline in overseas shipments of fish, which decreased by -17.4% to 657 tons in 2022. In general, exports faced a abrupt curtailment. The smallest decline of -17.4% was in 2021.
In value terms, exports of fish shrank to $3.9M in 2022. Overall, exports showed a abrupt curtailment. The smallest decline of -14.1% was in 2020.
| Export of Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,908 | 1,957 | 1,967 | 1,937 | 0.5% |
| Israel | 2,214 | 1,653 | 1,210 | 868 | -26.8% |
| Australia | 349 | 324 | 295 | 263 | -9.0% |
| Cyprus | 289 | 259 | 228 | 197 | -12.0% |
| Portugal | 255 | 205 | 161 | 124 | -21.4% |
| Greece | 161 | 122 | 91.2 | 66.6 | -25.5% |
| France | 78.3 | 61.1 | 46.7 | 35.0 | -23.5% |
| Others | 950 | 748 | 580 | 443 | -22.5% |
| Total | 6,205 | 5,330 | 4,579 | 3,933 | -14.1% |
Top Export Markets for Fish; Fillets, Frozen, Other than Swordfish (Xiphias Gladius) and Toothfish (Dissostichus Spp.) from Kenya in 2022:
- China (298.5 tons)
- Israel (98.2 tons)
- Cyprus (78.7 tons)
- Australia (55.5 tons)
- Portugal (39.6 tons)
- Greece (28.1 tons)
- France (17.7 tons)
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