Price for Fish; Edible Offal, Shark Fins in Nigeria - 2022
Contents:
- Price for Fish; Edible Offal, Shark Fins in Nigeria (FOB) - 2022
- Exports of Fish; Edible Offal, Shark Fins in Nigeria
Price for Fish; Edible Offal, Shark Fins in Nigeria (FOB) - 2022
In 2022, the average export price for fish; edible offal, shark finses amounted to $65,000 per ton, growing by 9.9% against the previous year. In general, the export price recorded a buoyant increase. The most prominent rate of growth was recorded in 2018 an increase of 122% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Macao SAR ($88,853 per ton), while the average price for exports to Botswana ($1,974 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 Macao SAR (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Fish; Edible Offal, Shark Fins in Nigeria
In 2022, the amount of fish; edible offal, shark finses exported from Nigeria fell to 1.5 tons, with a decrease of -5.5% against the previous year's figure. In general, exports continue to indicate a dramatic slump.
In value terms, fish; edible offal, shark fins exports expanded slightly to $94K in 2022. Overall, exports recorded a perceptible decrease.
| Export of Fish; Edible Offal, Shark Fins in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 97.5 | 86.1 | 72.8 | 64.6 | -12.8% |
| Macao SAR | 7.6 | 11.9 | 18.0 | 29.7 | 57.5% |
| Botswana | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 105 | 98.0 | 90.9 | 94.4 | -3.5% |
Top Export Markets for Fish; Edible Offal, Shark Fins from Nigeria in 2022:
- Hong Kong SAR (1076.0 kg)
- Macao SAR (334.0 kg)
- Botswana (38.0 kg)
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