Price for Smoked Fish, Incl. Fillets in Kenya - 2021

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

In 2022, the average smoked fish, incl. fillets export price amounted to $6,480 per ton, growing by 16% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 84%. The export price peaked at $6,703 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($102,271 per ton), while the average price for exports to Uganda amounted to $5,887 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+33.4%).

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

In 2022, the average smoked fish, incl. fillets import price amounted to $9,444 per ton, rising by 45% against the previous year. Overall, the import price recorded prominent growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 886%. As a result, import price attained the peak level of $49,107 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Egypt amounted to +164.7% per year.

Exports of Smoked Fish, Incl. Fillets in Kenya

In 2022, shipments abroad of smoked fish, incl. fillets decreased by -13.1% to 20 tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +7.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 45% against the previous year. As a result, the exports reached the peak of 23 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, smoked fish, incl. fillets exports reached $127K in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.8% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 56%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Smoked Fish, Incl. Fillets in Kenya (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Uganda	59.2	101	115	115	24.8%
Others	11.8	9.3	11.9	12.3	1.4%
Total	71.0	111	127	127	21.4%

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

Uganda (19.5 tons)

Imports of Smoked Fish, Incl. Fillets in Kenya

In 2022, the amount of smoked fish, incl. fillets imported into Kenya soared to 144 kg, jumping by 33% compared with 2021 figures. In general, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 182%. As a result, imports attained the peak of 203 kg. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, smoked fish, incl. fillets imports surged to $1.4K in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.