Live Fish Price in Sudan - 2022
Contents:
- Live Fish Price in Sudan (FOB) - 2022
- Live Fish Price in Sudan (CIF) - 2022
- Live Fish Exports in Sudan
- Live Fish Imports in Sudan
Live Fish Price in Sudan (FOB) - 2022
In 2022, the average live fish export price amounted to $14,123 per ton, surging by 37% against the previous year. In general, the export price recorded a mild expansion. The most prominent rate of growth was recorded in 2018 an increase of 56% against the previous year. The export price peaked at $28,573 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($19,419 per ton), while the average price for exports to the United Arab Emirates ($2,964 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 Egypt (+72.0%), while the prices for the other major destinations experienced more modest paces of growth.
Live Fish Price in Sudan (CIF) - 2022
In 2022, the average live fish import price amounted to $3,423 per ton, dropping by -14.1% against the previous year. In general, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, live fish import price increased by +14.2% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of 51%. Over the period under review, average import prices attained the maximum at $4,011 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for Vietnam amounted to +25.6% per year.
Live Fish Exports in Sudan
In 2022, overseas shipments of live fish were finally on the rise to reach 6.7 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a abrupt shrinkage.
In value terms, live fish exports soared to $94K in 2022. Over the period under review, exports, however, showed a precipitous shrinkage.
| Export of Live Fish in Sudan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sri Lanka | 176 | 75.9 | 12.4 | 48.2 | -35.1% |
| Hong Kong SAR | 8.5 | 9.2 | 3.9 | 22.9 | 39.1% |
| United Kingdom | 56.7 | 28.5 | 5.6 | 7.3 | -49.5% |
| Kenya | N/A | N/A | N/A | 5.9 | 0% |
| Canada | 0.5 | 0.1 | 1.4 | 2.9 | 79.7% |
| United Arab Emirates | 19.1 | 9.8 | 2.3 | 2.3 | -50.6% |
| Others | 78.6 | 32.3 | 7.2 | 4.8 | -60.6% |
| Total | 340 | 156 | 32.8 | 94.3 | -34.8% |
Top Export Markets for Live Fish from Sudan in 2022:
- Sri Lanka (3746.0 kg)
- Hong Kong SAR (1264.0 kg)
- United Arab Emirates (787.0 kg)
- United Kingdom (377.0 kg)
- Kenya (304.0 kg)
- Canada (159.0 kg)
Live Fish Imports in Sudan
Live fish imports into Sudan skyrocketed to 7.8 tons in 2022, rising by 16% compared with 2021. The total import volume increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 47% against the previous year. As a result, imports reached the peak of 8.9 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, live fish imports dropped slightly to $27K in 2022. The total import value increased at an average annual rate of +12.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 42% against the previous year.
| Import of Live Fish in Sudan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 18.2 | 6.1 | 26.8 | 26.7 | 13.6% |
| Qatar | N/A | 20.6 | N/A | N/A | 0% |
| Others | 0.5 | N/A | N/A | N/A | 0% |
| Total | 18.7 | 26.6 | 26.8 | 26.7 | 12.6% |
Top Suppliers of Live Fish to Sudan in 2022:
- United Arab Emirates (7.8 tons)
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