Egypt - Frozen Fish Fillet - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Fish Fillet Price in Egypt - 2023
Contents:
- Frozen Fish Fillet Price in Egypt (CIF) - 2023
- Frozen Fish Fillet Price in Egypt (FOB) - 2022
- Frozen Fish Fillet Imports in Egypt
- Frozen Fish Fillet Exports in Egypt
Frozen Fish Fillet Price in Egypt (CIF) - 2023
The average frozen fish fillet import price stood at $4,039 per ton in June 2023, waning by -22% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 37% against the previous month. The import price peaked at $7,995 per ton in March 2023; however, from April 2023 to June 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Vietnam.
From June 2022 to June 2023, the rate of growth in terms of prices for Norway amounted to +1.7% per month.
Frozen Fish Fillet Price in Egypt (FOB) - 2022
The average frozen fish fillet export price stood at $10,619 per ton in 2022, with an increase of 48% against the previous year. Overall, the export price posted resilient growth. The growth pace was the most rapid in 2020 when the average export price increased by 485%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Libya ($12,082 per ton), while the average price for exports to Albania ($8,188 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 Sudan (-16.4%).
Frozen Fish Fillet Imports in Egypt
In 2022, overseas purchases of frozen fish fillet were finally on the rise to reach 7.7K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a deep setback.
In value terms, frozen fish fillet imports skyrocketed to $39M in 2022. Overall, total imports indicated pronounced growth from 2019 to 2022: its value increased at an average annual rate of +2.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Frozen Fish Fillet in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 34.1 | 19.6 | 23.5 | 36.4 | 2.2% |
| Norway | 1.7 | 1.5 | 1.6 | 2.2 | 9.0% |
| Others | 1.2 | 1.0 | 1.3 | 0.7 | -16.4% |
| Total | 37.0 | 22.1 | 26.4 | 39.3 | 2.0% |
Top Suppliers of Frozen Fish Fillet to Egypt in 2022:
- Vietnam (7.4K tons)
- Norway (0.2K tons)
Frozen Fish Fillet Exports in Egypt
In 2022, frozen fish fillet exports from Egypt skyrocketed to 2.6 tons, jumping by 40% against 2021 figures. Overall, exports saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 67%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, frozen fish fillet exports soared to $27K in 2022. Over the period under review, exports showed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 349% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Frozen Fish Fillet in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Libya | N/A | N/A | N/A | 19.4 | 0% |
| Albania | N/A | N/A | N/A | 6.3 | 0% |
| Palestine | N/A | N/A | N/A | 1.6 | 0% |
| Spain | N/A | 5.5 | N/A | N/A | 0% |
| United Arab Emirates | 1.9 | 0.2 | 5.8 | N/A | 74.7% |
| Italy | 0.4 | 4.7 | 6.9 | N/A | 315.3% |
| Others | N/A | N/A | 0.5 | N/A | 0% |
| Total | 2.3 | 10.3 | 13.2 | 27.3 | 128.1% |
Top Export Markets for Frozen Fish Fillet from Egypt in 2022:
- Libya (1604.0 kg)
- Albania (772.0 kg)
- Palestine (193.0 kg)
This report provides an in-depth analysis of the frozen fish fillet market in Egypt. 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 2030.
Product coverage:
- Prodcom 10201400 - Frozen fish fillets
Country coverage:
- Egypt
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Egypt
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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