Tanzania - Frozen Fish - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Fish Price in Tanzania - 2022
Contents:
- Frozen Fish Price in Tanzania (FOB) - 2022
- Frozen Fish Price in Tanzania (CIF) - 2022
- Frozen Fish Exports in Tanzania
- Frozen Fish Imports in Tanzania
Frozen Fish Price in Tanzania (FOB) - 2022
In 2022, the average frozen fish export price amounted to $5,062 per ton, which is down by -15.7% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 63% against the previous year. The export price peaked at $6,069 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($7,517 per ton), while the average price for exports to Democratic Republic of the Congo ($290 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 Rwanda (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Fish Price in Tanzania (CIF) - 2022
The average frozen fish import price stood at $531 per ton in 2022, falling by -16.8% against the previous year. Over the period under review, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2013 an increase of 5.9%. As a result, import price attained the peak level of $1,005 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Seychelles ($684 per ton), while the price for Oman ($343 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Yemen (-1.5%), while the prices for the other major suppliers experienced a decline.
Frozen Fish Exports in Tanzania
In 2022, shipments abroad of frozen fish was finally on the rise to reach 12K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a abrupt downturn.
In value terms, frozen fish exports totaled $63M in 2022. The total export value increased at an average annual rate of +1.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 23% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Frozen Fish in Tanzania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 6.5 | 3.3 | 3.5 | 6.2 | -1.6% |
| United Arab Emirates | 1.6 | 1.8 | 3.6 | 5.4 | 50.0% |
| Israel | 5.5 | 7.2 | 4.8 | 5.3 | -1.2% |
| Netherlands | 4.2 | 1.9 | 2.0 | 5.2 | 7.4% |
| Portugal | 5.1 | 3.7 | 3.4 | 4.8 | -2.0% |
| Greece | 3.7 | 2.3 | 3.4 | 4.5 | 6.7% |
| Saudi Arabia | 1.9 | 0.4 | 2.1 | 4.1 | 29.2% |
| Romania | 2.8 | 2.8 | 4.8 | 3.7 | 9.7% |
| Japan | 2.6 | 1.2 | 0.7 | 3.0 | 4.9% |
| Italy | 0.9 | 1.2 | 2.0 | 2.6 | 42.4% |
| Rwanda | 0.3 | 0.4 | 1.2 | 1.7 | 78.3% |
| Kenya | 0.8 | 1.0 | 0.4 | 1.5 | 23.3% |
| Democratic Republic of the Congo | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Others | 24.6 | 19.1 | 25.1 | 14.6 | -16.0% |
| Total | 60.6 | 46.5 | 57.1 | 62.8 | 1.2% |
Top Export Markets for Frozen Fish from Tanzania in 2022:
- Kenya (1743.1 tons)
- Spain (1025.3 tons)
- Democratic Republic of the Congo (912.7 tons)
- Netherlands (865.7 tons)
- United Arab Emirates (862.4 tons)
- Greece (804.4 tons)
- Portugal (794.5 tons)
- Israel (734.6 tons)
- Romania (633.5 tons)
- Saudi Arabia (541.6 tons)
- Japan (495.7 tons)
- Italy (420.2 tons)
- Rwanda (341.0 tons)
Frozen Fish Imports in Tanzania
After three years of growth, purchases abroad of frozen fish decreased by -97.4% to 598 tons in 2022. Overall, imports continue to indicate a dramatic slump. The growth pace was the most rapid in 2021 with an increase of 70%. As a result, imports reached the peak of 23K tons, and then reduced remarkably in the following year.
In value terms, frozen fish imports declined notably to $318K in 2022. Over the period under review, imports recorded a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. As a result, imports reached the peak of $15M, and then declined rapidly in the following year.
| Import of Frozen Fish in Tanzania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | 1.0 | 0.1 | -90.0% |
| South Korea | N/A | N/A | N/A | 0.1 | 0% |
| Oman | 10.7 | 11.0 | 12.4 | N/A | 7.7% |
| United Arab Emirates | N/A | N/A | N/A | N/A | 0% |
| Seychelles | N/A | N/A | N/A | N/A | 0% |
| Others | 0.6 | 1.7 | 1.6 | N/A | 63.3% |
| Total | 11.4 | 12.7 | 14.9 | 0.3 | -70.3% |
Top Suppliers of Frozen Fish to Tanzania in 2022:
- South Korea (246.2 tons)
- China (242.6 tons)
- Seychelles (53.0 tons)
- Oman (28.4 tons)
- United Arab Emirates (18.3 tons)
This report provides an in-depth analysis of the frozen fish market in Tanzania. 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:
- Tanzania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Tanzania
- 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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