Ghana - Frozen Catfish Fillets - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Ghana - Frozen Catfish Fillets - Market Analysis, Forecast, Size, Trends And Insights

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Frozen Catfish Fillet Price in Ghana - 2022

Contents:

  1. Frozen Catfish Fillet Price in Ghana (CIF) - 2022
  2. Frozen Catfish Fillet Price in Ghana (FOB) - 2022
  3. Frozen Catfish Fillet Imports in Ghana
  4. Frozen Catfish Fillet Exports in Ghana

Frozen Catfish Fillet Price in Ghana (CIF) - 2022

The average frozen catfish fillet import price stood at $4,180 per ton in 2022, jumping by 20% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. The pace of growth was the most pronounced in 2021 when the average import price increased by 22%. The import price peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($4,262 per ton), while the price for Thailand totaled $1,463 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+4.3%).

Frozen Catfish Fillet Price in Ghana (FOB) - 2022

Ghana has no trade partners to describe.

Frozen Catfish Fillet Imports in Ghana

In 2022, the amount of frozen catfish fillets imported into Ghana reduced to 177 tons, with a decrease of -5.1% on the previous year. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 55%. As a result, imports reached the peak of 187 tons, and then contracted in the following year.

In value terms, frozen catfish fillet imports reached $741K in 2022. Overall, imports, however, posted a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of 89%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Frozen Catfish Fillet in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam3473223213651.7%
Thailand61.94.00.61.2-73.1%
Germany83.82.42.20.7-79.7%
MalaysiaN/A13.2N/AN/A0%
Others72.20.332437473.0%
Total5653426487419.5%

Top Suppliers of Frozen Catfish Fillet to Ghana in 2022:

  1. Vietnam (85.7 tons)
  2. Thailand (0.8 tons)
  3. Germany (0.2 tons)

Frozen Catfish Fillet Exports in Ghana

In 2021, after two years of growth, there was significant decline in overseas shipments of frozen catfish fillets, when their volume decreased by -92% to 2 kg. Overall, exports recorded a precipitous decrease. The growth pace was the most rapid in 2020 when exports increased by 92%. As a result, the exports reached the peak of 25 kg, and then fell significantly in the following year.

In value terms, frozen catfish fillet exports fell markedly to $6 in 2021. Over the period under review, exports continue to indicate a dramatic setback. The pace of growth was the most pronounced in 2020 when exports increased by 215%. As a result, the exports attained the peak of $41, and then contracted significantly in the following year.

Export of Frozen Catfish Fillet in Ghana (USD)
COUNTRY201920202021CAGR,
2019-2021
United Arab Emirates13.041.0N/A215.4%
OthersN/AN/A6.00%
Total13.041.06.0-32.1%

Top Export Markets for Frozen Catfish Fillet from Ghana in 2022:

    Source: IndexBox Market Intelligence Platform

    This report provides an in-depth analysis of the frozen catfish fillets market in Ghana. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.

    Product coverage:

      Country coverage:

      • Ghana

      Data coverage:

      • Market volume and value
      • Per Capita consumption
      • Forecast of the market dynamics in the medium term
      • Trade (exports and imports) in Ghana
      • Export and import prices
      • Market trends, drivers and restraints
      • Key market players and their profiles

      Reasons to buy this report:

      • Take advantage of the latest data
      • Find deeper insights into current market developments
      • Discover vital success factors affecting the market

      This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

      In this report, you can find information that helps you to make informed decisions on the following issues:

      1. How to diversify your business and benefit from new market opportunities
      2. How to load your idle production capacity
      3. How to boost your sales on overseas markets
      4. How to increase your profit margins
      5. How to make your supply chain more sustainable
      6. How to reduce your production and supply chain costs
      7. How to outsource production to other countries
      8. How to prepare your business for global expansion

      While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

      1. 1. INTRODUCTION

        Making Data-Driven Decisions to Grow Your Business

        1. REPORT DESCRIPTION
        2. RESEARCH METHODOLOGY AND AI PLATFORM
        3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
        4. GLOSSARY AND SPECIFIC TERMS
      2. 2. EXECUTIVE SUMMARY

        A Quick Overview of Market Performance

        1. KEY FINDINGS
        2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
      3. 3. MARKET OVERVIEW

        Understanding the Current State of The Market and Its Prospects

        1. MARKET SIZE
        2. MARKET STRUCTURE
        3. TRADE BALANCE
        4. PER CAPITA CONSUMPTION
        5. MARKET FORECAST TO 2030
      4. 4. MOST PROMISING PRODUCT

        Finding New Products to Diversify Your Business

        This Chapter is Available Only for the Professional Edition PRO
        1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
        2. BEST-SELLING PRODUCTS
        3. MOST CONSUMED PRODUCT
        4. MOST TRADED PRODUCT
        5. MOST PROFITABLE PRODUCT FOR EXPORT
      5. 5. MOST PROMISING SUPPLYING COUNTRIES

        Choosing the Best Countries to Establish Your Sustainable Supply Chain

        This Chapter is Available Only for the Professional Edition PRO
        1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
        2. TOP PRODUCING COUNTRIES
        3. TOP EXPORTING COUNTRIES
        4. LOW-COST EXPORTING COUNTRIES
      6. 6. MOST PROMISING OVERSEAS MARKETS

        Choosing the Best Countries to Boost Your Exports

        This Chapter is Available Only for the Professional Edition PRO
        1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
        2. TOP CONSUMING MARKETS
        3. UNSATURATED MARKETS
        4. TOP IMPORTING MARKETS
        5. MOST PROFITABLE MARKETS
      7. 7. PRODUCTION

        The Latest Trends and Insights into The Industry

        1. PRODUCTION VOLUME AND VALUE
      8. 8. IMPORTS

        The Largest Import Supplying Countries

        1. IMPORTS FROM 2012–2023
        2. IMPORTS BY COUNTRY
        3. IMPORT PRICES BY COUNTRY
      9. 9. EXPORTS

        The Largest Destinations for Exports

        1. EXPORTS FROM 2012–2023
        2. EXPORTS BY COUNTRY
        3. EXPORT PRICES BY COUNTRY
      10. 10. PROFILES OF MAJOR PRODUCERS

        The Largest Producers on The Market and Their Profiles

        This Chapter is Available Only for the Professional Edition PRO
      11. LIST OF TABLES

        1. Key Findings In 2023
        2. Market Volume, In Physical Terms, 2012–2023
        3. Market Value, 2012–2023
        4. Per Capita Consumption In 2012-2023
        5. Imports, In Physical Terms, By Country, 2012–2023
        6. Imports, In Value Terms, By Country, 2012–2023
        7. Import Prices, By Country Of Origin, 2012–2023
        8. Exports, In Physical Terms, By Country, 2012–2023
        9. Exports, In Value Terms, By Country, 2012–2023
        10. Export Prices, By Country Of Destination, 2012–2023
      12. LIST OF FIGURES

        1. Market Volume, In Physical Terms, 2012–2023
        2. Market Value, 2012–2023
        3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
        4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
        5. Trade Balance, In Physical Terms, 2012-2023
        6. Trade Balance, In Value Terms, 2012-2023
        7. Per Capita Consumption, 2012-2023
        8. Market Volume Forecast to 2030
        9. Market Value Forecast to 2030
        10. Products: Market Size And Growth, By Type
        11. Products: Average Per Capita Consumption, By Type
        12. Products: Exports And Growth, By Type
        13. Products: Export Prices And Growth, By Type
        14. Production Volume And Growth
        15. Exports And Growth
        16. Export Prices And Growth
        17. Market Size And Growth
        18. Per Capita Consumption
        19. Imports And Growth
        20. Import Prices
        21. Production, In Physical Terms, 2012–2023
        22. Production, In Value Terms, 2012–2023
        23. Imports, In Physical Terms, 2012–2023
        24. Imports, In Value Terms, 2012–2023
        25. Imports, In Physical Terms, By Country, 2023
        26. Imports, In Physical Terms, By Country, 2012–2023
        27. Imports, In Value Terms, By Country, 2012–2023
        28. Import Prices, By Country Of Origin, 2012–2023
        29. Exports, In Physical Terms, 2012–2023
        30. Exports, In Value Terms, 2012–2023
        31. Exports, In Physical Terms, By Country, 2023
        32. Exports, In Physical Terms, By Country, 2012–2023
        33. Exports, In Value Terms, By Country, 2012–2023
        34. Export Prices, By Country Of Destination, 2012–2023
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      Free Data: Fish fillets; frozen, catfish (Pangasius spp., Silurus spp., Clarias spp., Ictalurus spp.) - Ghana