Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Kenya - 2022

Contents:

  1. Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Kenya (CIF) - 2022
  2. Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Kenya

Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Kenya (CIF) - 2022

The average import price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s stood at $4,965 per ton in 2022, growing by 53% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 98% against the previous year. The import price peaked at $7,025 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 South Africa.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to -0.4% per year.

Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Kenya

In 2022, overseas purchases of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s increased by 10,258% to 4.1 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s soared to $21K in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa0.90.20.120.6183.9%
OthersN/AN/AN/AN/A0%
Total0.90.20.120.6183.9%

Top Suppliers of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) to Kenya in 2022:

  1. South Africa (4.1 tons)

Source: IndexBox Market Intelligence Platform

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