Price for Smoked Fish, Incl. Fillets in Ghana - 2023

Contents:

1. Price for Smoked Fish, Incl. Fillets in Ghana (CIF) - 2022
2. Price for Smoked Fish, Incl. Fillets in Ghana (FOB) - 2022
3. Imports of Smoked Fish, Incl. Fillets in Ghana
4. Exports of Smoked Fish, Incl. Fillets in Ghana

Price for Smoked Fish, Incl. Fillets in Ghana (CIF) - 2022

In 2022, the average smoked fish, incl. fillets import price amounted to $367 per ton, surging by 93% against the previous year. In general, the import price, however, recorded a precipitous curtailment. Over the period under review, average import prices reached the peak figure at $5,462 per ton in 2012; however, from 2013 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 Germany ($4,810 per ton), while the price for Cote d'Ivoire ($149 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Burkina Faso (-7.6%), while the prices for the other major suppliers experienced a decline.

Price for Smoked Fish, Incl. Fillets in Ghana (FOB) - 2022

The average smoked fish, incl. fillets export price stood at $922 per ton in 2022, reducing by -26.2% against the previous year. Overall, the export price, however, recorded a temperate expansion. The pace of growth was the most pronounced in 2014 an increase of 82% against the previous year. As a result, the export price reached the peak level of $1,892 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($1,319 per ton), while the average price for exports to the United Arab Emirates ($651 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 the UK (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Smoked Fish, Incl. Fillets in Ghana

In 2022, purchases abroad of smoked fish, incl. fillets decreased by -42.1% to 80 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports recorded a sharp contraction.

In value terms, smoked fish, incl. fillets imports reached $29K in 2022. Overall, imports showed a dramatic decrease.

Top Suppliers of Smoked Fish, Incl. Fillets to Ghana in 2022:

1. Cote d'Ivoire (64.7 tons)
2. Burkina Faso (12.3 tons)
3. Germany (1.4 tons)

Exports of Smoked Fish, Incl. Fillets in Ghana

In 2022, after two years of decline, there was significant decline in shipments abroad of smoked fish, incl. fillets, when their volume decreased by -53.7% to 30 tons. Overall, exports continue to indicate a abrupt curtailment.

In value terms, smoked fish, incl. fillets exports reduced notably to $27K in 2022. Over the period under review, exports continue to indicate a deep slump.

Top Export Markets for Smoked Fish, Incl. Fillets from Ghana in 2022:

1. United States (16.6 tons)
2. Canada (6.2 tons)
3. United Kingdom (2.3 tons)
4. United Arab Emirates (1.2 tons)
5. Germany (0.9 tons)
6. Japan (0.9 tons)
7. Belgium (0.5 tons)
8. South Africa (0.1 tons)

Source: IndexBox Market Intelligence Platform