Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Nigeria - 2022
Contents:
- Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Nigeria (CIF) - 2022
- Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Nigeria (FOB) - 2022
- Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Nigeria
- Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Nigeria
Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Nigeria (CIF) - 2022
In 2022, the average import price for fish fillets; fresh or chilled, other than fish of heading 0304.4s amounted to $1,233 per ton, declining by -69.2% against the previous year. Over the period under review, the import price faced a abrupt decrease. The pace of growth appeared the most rapid in 2013 an increase of 102% against the previous year. Over the period under review, average import prices hit record highs at $20,522 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,579 per ton), while the price for India amounted to $823 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Niger (-24.5%).
Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Nigeria (FOB) - 2022
The average export price for fish fillets; fresh or chilled, other than fish of heading 0304.4s stood at $860 per ton in 2022, shrinking by -35.5% against the previous year. In general, the export price saw a abrupt decline. The pace of growth was the most pronounced in 2013 when the average export price increased by 56% against the previous year. The export price peaked at $6,815 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($1,000 per ton), while the average price for exports to Niger totaled $859 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Niger (+33.8%), while the prices for the other major destinations experienced a decline.
Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Nigeria
In 2022, the amount of fish fillets; fresh or chilled, other than fish of heading 0304.4s imported into Nigeria surged to 44 tons, with an increase of 489% compared with the previous year. Overall, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 1,117% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of fish fillets; fresh or chilled, other than fish of heading 0304.4s soared to $55K in 2022. Over the period under review, imports continue to indicate a significant increase. The growth pace was the most rapid in 2021 when imports increased by 675%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 38.0 | 0% |
| India | N/A | N/A | N/A | 16.7 | 0% |
| Niger | 10.8 | 3.8 | 2.3 | N/A | -53.9% |
| Mauritania | N/A | N/A | 24.7 | N/A | 0% |
| Others | 3.9 | 0.1 | 3.1 | N/A | -10.8% |
| Total | 14.7 | 3.9 | 30.1 | 54.7 | 55.0% |
Top Suppliers of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 to Nigeria in 2022:
- China (24.1 tons)
- India (20.3 tons)
Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Nigeria
Exports of fish fillets; fresh or chilled, other than fish of heading 0304.4s from Nigeria soared to 100 kg in 2022, increasing by 1,011% against the previous year. Overall, exports posted significant growth.
In value terms, exports of fish fillets; fresh or chilled, other than fish of heading 0304.4s surged to $86 in 2022. In general, exports continue to indicate buoyant growth.
| Export of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in Nigeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Niger | N/A | N/A | N/A | 85.0 | 0% |
| United Arab Emirates | 11.0 | 100 | 12.0 | 1.0 | -55.0% |
| Botswana | 45.0 | N/A | N/A | N/A | 0% |
| Angola | N/A | 61.0 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 56.0 | 161 | 12.0 | 86.0 | 15.4% |
Top Export Markets for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 from Nigeria in 2022:
- Niger (99.0 kg)
- United Arab Emirates (1.0 kg)
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