Egypt - Frozen Fish - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Fish Price in Egypt - 2023
Contents:
- Frozen Fish Price in Egypt (CIF) - 2022
- Frozen Fish Price in Egypt (FOB) - 2022
- Frozen Fish Imports in Egypt
- Frozen Fish Exports in Egypt
Frozen Fish Price in Egypt (CIF) - 2022
The average frozen fish import price stood at $1,816 per ton in 2022, rising by 3.9% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 40% against the previous year. Over the period under review, average import prices attained the maximum at $1,966 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($4,731 per ton), while the price for Oman ($730 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Fish Price in Egypt (FOB) - 2022
The average frozen fish export price stood at $2,644 per ton in 2022, rising by 9.3% against the previous year. Over the period under review, the export price enjoyed a modest increase. The pace of growth appeared the most rapid in 2015 an increase of 90%. Over the period under review, the average export prices reached the peak figure at $4,123 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Palestine ($2,902 per ton), while the average price for exports to Kuwait ($800 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 Jordan (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Fish Imports in Egypt
In 2022, imports of frozen fish into Egypt shrank to 200K tons, falling by -4.4% on 2021 figures. In general, imports showed a dramatic shrinkage.
In value terms, frozen fish imports declined to $364M in 2022. Overall, imports saw a abrupt curtailment.
| Import of Frozen Fish in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 104 | 79.6 | 132 | 116 | 3.7% |
| Netherlands | 218 | 206 | 56.3 | 60.1 | -34.9% |
| Vietnam | 38.7 | 22.8 | 26.4 | 42.0 | 2.8% |
| Ireland | 30.2 | 24.7 | 17.2 | 30.2 | 0.0% |
| Japan | 34.1 | 27.0 | 21.9 | 28.0 | -6.4% |
| Oman | 6.7 | 16.5 | 10.6 | 24.1 | 53.2% |
| Spain | 50.4 | 71.9 | 19.5 | 11.7 | -38.5% |
| China | 91.7 | 3.5 | 12.3 | 9.7 | -52.7% |
| Others | 70.4 | 59.6 | 70.7 | 42.2 | -15.7% |
| Total | 644 | 511 | 367 | 364 | -17.3% |
Top Suppliers of Frozen Fish to Egypt in 2022:
- Norway (63.0K tons)
- Netherlands (33.3K tons)
- Oman (33.0K tons)
- Ireland (14.4K tons)
- Japan (14.3K tons)
- Vietnam (8.9K tons)
- Spain (5.3K tons)
- China (4.8K tons)
Frozen Fish Exports in Egypt
In 2022, overseas shipments of frozen fish decreased by -47.9% to 1.1K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 271%.
In value terms, frozen fish exports fell sharply to $2.8M in 2022. In general, exports, however, saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 237%.
| Export of Frozen Fish in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Palestine | 206 | 35.1 | 145 | 772 | 55.3% |
| Russia | N/A | N/A | 664 | 772 | 16.3% |
| Israel | 4.6 | 9.7 | 2,138 | 440 | 357.3% |
| Bahrain | 8.5 | 3.0 | 14.6 | 176 | 174.6% |
| Canada | 8.1 | 25.6 | 66.5 | 145 | 161.6% |
| United Arab Emirates | 55.1 | 783 | 1,663 | 114 | 27.4% |
| Kuwait | 1.3 | 24.7 | 15.7 | 48.1 | 233.2% |
| Jordan | 201 | 144 | 5.6 | N/A | -83.3% |
| Italy | 89.1 | 26.6 | 65.1 | N/A | -14.5% |
| Others | 59.4 | 1,081 | 184 | 355 | 81.5% |
| Total | 633 | 2,132 | 4,961 | 2,822 | 64.6% |
Top Export Markets for Frozen Fish from Egypt in 2022:
- Russia (315.2 tons)
- Palestine (265.9 tons)
- Israel (151.7 tons)
- United Arab Emirates (100.9 tons)
- Bahrain (76.2 tons)
- Kuwait (60.2 tons)
- Canada (56.0 tons)
This report provides an in-depth analysis of the frozen fish 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 10201330 - Frozen whole salt water fish
- Prodcom 10201360 - Frozen whole fresh water fish
- Prodcom 10201400 - Frozen fish fillets
- Prodcom 10201500 - Frozen fish meat without bones (excluding fillets)
- Prodcom 10201600 - Frozen fish livers and roes
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
-
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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