Live Fish Price in Algeria - 2022
Contents:
- Live Fish Price in Algeria (FOB) - 2022
- Live Fish Price in Algeria (CIF) - 2022
- Live Fish Exports in Algeria
- Live Fish Imports in Algeria
Live Fish Price in Algeria (FOB) - 2022
The average live fish export price stood at $5,562 per ton in 2022, increasing by 7.8% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 51% against the previous year. As a result, the export price reached the peak level of $8,802 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($7,147 per ton), while the average price for exports to Tunisia ($5,367 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 Turkey (+2.4%).
Live Fish Price in Algeria (CIF) - 2022
The average live fish import price stood at $5,835 per ton in 2022, declining by -13.5% against the previous year. Overall, the import price showed a abrupt contraction. The pace of growth appeared the most rapid in 2015 when the average import price increased by 129%. The import price peaked at $30,415 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($6,478 per ton), while the price for China ($1,259 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+72.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Live Fish Exports in Algeria
After three years of growth, shipments abroad of live fish decreased by -28.1% to 2.4K tons in 2022. Over the period under review, exports, however, recorded a prominent increase. The growth pace was the most rapid in 2021 when exports increased by 116% against the previous year. As a result, the exports attained the peak of 3.3K tons, and then fell notably in the following year.
In value terms, live fish exports reduced rapidly to $13M in 2022. In general, total exports indicated a temperate increase from 2019 to 2022: its value increased at an average annual rate of +4.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +40.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 82%. As a result, the exports reached the peak of $17M, and then shrank dramatically in the following year.
| Export of Live Fish in Algeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malta | 5.0 | 3.8 | 7.5 | 5.3 | 2.0% |
| Tunisia | N/A | N/A | N/A | 1.6 | 0% |
| Turkey | 1.8 | 1.7 | 2.1 | 1.1 | -15.1% |
| Others | 5.0 | 3.8 | 7.5 | 5.3 | 2.0% |
| Total | 11.7 | 9.4 | 17.0 | 13.2 | 4.1% |
Top Export Markets for Live Fish from Algeria in 2022:
- Malta (965.6 tons)
- Tunisia (293.0 tons)
- Turkey (148.0 tons)
Live Fish Imports in Algeria
In 2022, approx. 1.1K tons of live fish were imported into Algeria; waning by -15% on the previous year's figure. Over the period under review, imports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 99% against the previous year.
In value terms, live fish imports declined notably to $6.5M in 2022. In general, imports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 112%. As a result, imports reached the peak of $8.9M, and then dropped dramatically in the following year.
| Import of Live Fish in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 956 | 1,286 | 3,293 | 2,537 | 38.4% |
| Spain | 606 | 593 | 742 | 624 | 1.0% |
| France | 2,517 | 409 | 433 | 150 | -60.9% |
| Malaysia | 395 | 122 | 224 | 80.7 | -41.1% |
| Others | 4,201 | 1,775 | 4,188 | 3,140 | -9.2% |
| Total | 8,674 | 4,185 | 8,880 | 6,532 | -9.0% |
Top Suppliers of Live Fish to Algeria in 2022:
- Italy (413.7 tons)
- Spain (153.6 tons)
- Malaysia (43.8 tons)
- France (23.1 tons)
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