Live Fish Price in Egypt - 2023
Contents:
- Live Fish Price in Egypt (FOB) - 2022
- Live Fish Price in Egypt (CIF) - 2022
- Live Fish Exports in Egypt
- Live Fish Imports in Egypt
Live Fish Price in Egypt (FOB) - 2022
The average live fish export price stood at $7,671 per ton in 2022, growing by 37% against the previous year. Overall, the export price recorded a strong increase. The pace of growth appeared the most rapid in 2018 an increase of 189%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($8,345 per ton), while the average price for exports to Qatar ($827 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 the United States (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.
Live Fish Price in Egypt (CIF) - 2022
The average live fish import price stood at $2,580 per ton in 2022, declining by -49.5% against the previous year. In general, the import price faced a abrupt setback. The pace of growth was the most pronounced in 2014 an increase of 503% against the previous year. As a result, import price reached the peak level of $36,170 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Tunisia ($2,713 per ton) and Indonesia ($2,566 per ton), while the price for Thailand ($2,563 per ton) and Morocco ($2,564 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Live Fish Exports in Egypt
In 2022, exports of live fish from Egypt surged to 87 tons, jumping by 112% on the previous year's figure. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, live fish exports soared to $668K in 2022. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Live Fish in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 370 | 0% |
| South Korea | N/A | N/A | 105 | 86.4 | -17.7% |
| Libya | 84.6 | 6.7 | 10.2 | 27.4 | -31.3% |
| Hong Kong SAR | 4.5 | 4.6 | 8.9 | 25.3 | 77.8% |
| Taiwan (Chinese) | 0.6 | N/A | 19.9 | 19.1 | 216.9% |
| Netherlands | 0.9 | 0.6 | 16.4 | 14.0 | 149.6% |
| United Arab Emirates | 11.8 | 0.1 | 0.2 | 12.5 | 1.9% |
| Qatar | N/A | N/A | N/A | 1.9 | 0% |
| Kuwait | 8.6 | 56.1 | N/A | N/A | 552.3% |
| Turkey | 32.9 | N/A | N/A | N/A | 0% |
| Others | 27.5 | 42.5 | 69.5 | 111 | 59.2% |
| Total | 171 | 111 | 230 | 668 | 57.5% |
Top Export Markets for Live Fish from Egypt in 2022:
- United States (44.4 tons)
- Libya (16.5 tons)
- United Arab Emirates (5.9 tons)
- Netherlands (5.3 tons)
- Hong Kong SAR (4.3 tons)
- Taiwan (Chinese) (3.1 tons)
- Qatar (2.3 tons)
- South Korea (0.7 tons)
Live Fish Imports in Egypt
In 2022, imports of live fish into Egypt soared to 104 tons, rising by 660% compared with the previous year's figure. Overall, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, live fish imports soared to $269K in 2022. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Live Fish in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | N/A | N/A | N/A | 201 | 0% |
| Indonesia | 1.6 | 16.5 | 11.3 | 29.1 | 163.0% |
| Tunisia | N/A | 10.6 | 29.7 | 25.8 | 56.0% |
| Thailand | 24.2 | 12.9 | 9.9 | 9.4 | -27.0% |
| Singapore | 4.6 | 5.9 | 4.9 | 2.7 | -16.3% |
| Others | 3.3 | N/A | 14.2 | 0.2 | -60.7% |
| Total | 33.7 | 45.9 | 70.0 | 269 | 99.9% |
Top Suppliers of Live Fish to Egypt in 2022:
- Morocco (78.6 tons)
- Indonesia (11.3 tons)
- Tunisia (9.5 tons)
- Thailand (3.7 tons)
- Singapore (1.0 tons)
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