Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Nigeria - 2022

Contents:

  1. Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Nigeria (CIF) - 2022
  2. Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Nigeria

Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Nigeria (CIF) - 2022

In September 2021, the average import price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s amounted to $4,230 per ton, remaining constant against the previous month. Over the period under review, the import price saw a precipitous descent. As a result, import price attained the peak level of $12,092 per ton. From July 2021 to September 2021, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the Netherlands.

From June 2021 to September 2021, the rate of growth in terms of prices for the Netherlands amounted to -29.5% per month.

Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Nigeria

After two years of decline, supplies from abroad of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s decreased by -50% to 12 tons in 2022. In general, imports, however, recorded a significant increase.

In value terms, imports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s contracted remarkably to $56K in 2022. Over the period under review, imports, however, posted a significant expansion.

Import of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands0.7N/A43.615.2179.0%
Germany0.4N/A5.913.0219.1%
Italy0.2N/A6.9N/A487.4%
Others1.3N/A56.428.2178.9%
Total2.6N/A11356.4178.9%

Top Suppliers of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) to Nigeria in 2022:

  1. Netherlands (4.0 tons)
  2. Germany (2.3 tons)

Source: IndexBox Market Intelligence Platform

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