Frozen Catfish Fillet Price in Ethiopia - 2022
Contents:
Frozen Catfish Fillet Price in Ethiopia (CIF) - 2022
The average frozen catfish fillet import price stood at $4,515 per ton in 2022, rising by 20% against the previous year. In general, the import price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 145%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for Vietnam.
From 2013 to 2022, the rate of growth in terms of prices for Vietnam amounted to +10.1% per year.
Frozen Catfish Fillet Imports in Ethiopia
After two years of growth, overseas purchases of frozen catfish fillets decreased by -49.5% to 50 tons in 2022. Over the period under review, imports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 130%. As a result, imports reached the peak of 99 tons, and then fell markedly in the following year.
In value terms, frozen catfish fillet imports shrank remarkably to $226K in 2022. In general, imports, however, recorded prominent growth. The growth pace was the most rapid in 2021 with an increase of 132% against the previous year. As a result, imports reached the peak of $372K, and then dropped rapidly in the following year.
Import of Frozen Catfish Fillet in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Vietnam | 160 | 372 | 226 | 18.8% | |
Others | N/A | N/A | N/A | 0% | |
Total | 160 | 372 | 226 | 18.8% |
Top Suppliers of Frozen Catfish Fillet to Ethiopia in 2022:
- Vietnam (50.0 tons)
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