Price for Fish; Live, Ornamental, Other than Freshwater in Ghana - 2023

Contents:

  1. Price for Fish; Live, Ornamental, Other than Freshwater in Ghana (FOB) - 2022
  2. Price for Fish; Live, Ornamental, Other than Freshwater in Ghana (CIF) - 2022
  3. Exports of Fish; Live, Ornamental, Other than Freshwater in Ghana
  4. Imports of Fish; Live, Ornamental, Other than Freshwater in Ghana

Price for Fish; Live, Ornamental, Other than Freshwater in Ghana (FOB) - 2022

In 2022, the average export price for fish; live, ornamental, other than freshwater amounted to $3,950 per ton, rising by 118% against the previous year. Overall, the export price showed a significant expansion. As a result, the export price reached 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 Sri Lanka ($6,499 per ton), while the average price for exports to China ($340 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+4.3%), while the prices for the other major destinations experienced a decline.

Price for Fish; Live, Ornamental, Other than Freshwater in Ghana (CIF) - 2022

The average import price for fish; live, ornamental, other than freshwater stood at $5,823 per ton in 2022, rising by 23% against the previous year. Over the period under review, the import price posted a moderate increase. The pace of growth was the most pronounced in 2017 an increase of 105%. Over the period under review, average import prices reached the peak figure at $13,561 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Madagascar ($8,309 per ton), while the price for Italy ($3,357 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+50.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Fish; Live, Ornamental, Other than Freshwater in Ghana

Exports of fish; live, ornamental, other than freshwater from Ghana surged to 71 tons in 2022, rising by 2,266% against the year before. Overall, exports, however, recorded a precipitous descent.

In value terms, exports of fish; live, ornamental, other than freshwater soared to $282K in 2022. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Fish; Live, Ornamental, Other than Freshwater in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/AN/AN/A1250%
Sri LankaN/AN/A1.16.3472.7%
United Kingdom3.8N/AN/A4.55.8%
Singapore1.5N/A0.34.342.1%
South Korea3.9N/A0.23.4-4.5%
Thailand2.4N/A0.21.6-12.6%
United States0.2N/AN/A0.644.2%
China31.2N/A0.40.6-73.2%
Malaysia28.5N/AN/AN/A0%
Others73.5N/A3.213522.5%
Total145N/A5.528224.8%

Top Export Markets for Fish; Live, Ornamental, Other than Freshwater from Ghana in 2022:

  1. Spain (24.7 tons)
  2. Singapore (9.8 tons)
  3. United Kingdom (2.8 tons)
  4. China (1.9 tons)
  5. Thailand (1.3 tons)
  6. Sri Lanka (1.0 tons)
  7. United States (0.7 tons)
  8. South Korea (0.7 tons)

Imports of Fish; Live, Ornamental, Other than Freshwater in Ghana

In 2022, supplies from abroad of fish; live, ornamental, other than freshwater decreased by -68.9% to 577 kg for the first time since 2019, thus ending a two-year declining trend. In general, imports showed a dramatic decline.

In value terms, imports of fish; live, ornamental, other than freshwater fell significantly to $3.4K in 2022. Overall, imports continue to indicate a dramatic slump.

Import of Fish; Live, Ornamental, Other than Freshwater in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia2.5N/A0.91.2-21.7%
MadagascarN/AN/AN/A0.60%
KenyaN/AN/AN/A0.40%
Thailand2.8N/A3.00.1-67.1%
TanzaniaN/AN/A0.4N/A0%
United Arab EmiratesN/AN/A0.1N/A0%
ItalyN/AN/AN/AN/A0%
Israel8.8N/AN/AN/A0%
Others11.3N/A4.41.1-54.0%
Total25.5N/A8.73.4-48.9%

Top Suppliers of Fish; Live, Ornamental, Other than Freshwater to Ghana in 2022:

  1. Malaysia (173.0 kg)
  2. Kenya (94.0 kg)
  3. Madagascar (68.0 kg)
  4. Italy (14.0 kg)
  5. Thailand (11.0 kg)

Source: IndexBox Market Intelligence Platform

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