Frozen Tilapia Fillets Price in Egypt - 2022
Contents:
Frozen Tilapia Fillets Price in Egypt (FOB) - 2022
In 2022, the average frozen tilapia fillets export price amounted to $4,880 per ton, surging by 11% against the previous year. In general, the export price showed resilient growth. The pace of growth appeared the most rapid in 2017 when the average export price increased by 177%. Over the period under review, the average export prices reached the maximum at $5,138 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
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 Bahrain ($4,957 per ton), while the average price for exports to the United Arab Emirates totaled $2,130 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+12.3%), while the prices for the other major destinations experienced a decline.
Frozen Tilapia Fillets Exports in Egypt
In 2022, shipments abroad of frozen tilapia fillets was finally on the rise to reach 2 tons after two years of decline. Overall, exports, however, continue to indicate a dramatic slump.
In value terms, frozen tilapia fillets exports surged to $9.7K in 2022. In general, exports, however, recorded a sharp curtailment.
| Export of Frozen Tilapia Fillets in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bahrain | 19.4 | 13.1 | 5.2 | 9.5 | -21.2% |
| United Arab Emirates | 0.3 | 0.2 | 0.1 | 0.1 | -30.7% |
| Others | N/A | N/A | 0.7 | N/A | 0% |
| Total | 19.7 | 13.3 | 6.0 | 9.7 | -21.0% |
Top Export Markets for Frozen Tilapia Fillets from Egypt in 2022:
- Bahrain (1924.0 kg)
- United Arab Emirates (54.0 kg)
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