Price for Smoked Fish, Incl. Fillets in Uganda - 2022

Contents:

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

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

The average smoked fish, incl. fillets import price stood at $2,355 per ton in 2022, dropping by -26.7% against the previous year. Overall, the import price continues to indicate a noticeable curtailment. The pace of growth was the most pronounced in 2021 when the average import price increased by 37%. Over the period under review, average import prices hit record highs at $3,852 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Kenya amounted to +3.1% per year.

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

In 2022, the average smoked fish, incl. fillets export price amounted to $3,348 per ton, increasing by 16% against the previous year. In general, the export price posted a strong increase. The most prominent rate of growth was recorded in 2013 an increase of 111% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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 Democratic Republic of the Congo ($3,330 per ton), while the average price for exports to Burundi ($333 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 Democratic Republic of the Congo (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Smoked Fish, Incl. Fillets in Uganda

In 2022, smoked fish, incl. fillets imports into Uganda surged to 370 tons, increasing by 48% against 2021. Over the period under review, imports saw a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 120% against the previous year. As a result, imports attained the peak of 521 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, smoked fish, incl. fillets imports rose markedly to $871K in 2022. Overall, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2020 when imports increased by 109% against the previous year. As a result, imports reached the peak of $1.2M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

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

1. Kenya (370.0 tons)

Exports of Smoked Fish, Incl. Fillets in Uganda

For the fourth year in a row, Uganda recorded growth in overseas shipments of smoked fish, incl. fillets, which increased by 34% to 4.3 tons in 2022. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 56% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, smoked fish, incl. fillets exports soared to $14K in 2022. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Democratic Republic of the Congo (4176.0 kg)
2. United States (53.0 kg)
3. Rwanda (4.0 kg)
4. Burundi (3.0 kg)

Source: IndexBox Market Intelligence Platform