Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Tanzania - 2022

Contents:

  1. Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Tanzania (FOB) - 2022
  2. Exports of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Tanzania

Price for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Tanzania (FOB) - 2022

The average export price for fish fillets; frozen, nile perch (lates niloticus)s stood at $8,091 per ton in December 2021, almost unchanged from the previous month. Over the last eight months, it increased at an average monthly rate of +2.7%. The growth pace was the most rapid in November 2021 when the average export price increased by 9.1% month-to-month. As a result, the export price attained the peak level of $8,145 per ton, leveling off in the following month.

Average prices varied noticeably for the major overseas markets. In December 2021, the highest price was recorded for prices to Portugal ($9,175 per ton) and Saudi Arabia ($9,098 per ton), while the average price for exports to Greece ($7,741 per ton) and Romania ($7,855 per ton) were amongst the lowest.

From April 2021 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Exports of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Tanzania

In 2022, shipments abroad of fish fillets; frozen, nile perch (lates niloticus)s was finally on the rise to reach 7.3K tons after two years of decline. Overall, total exports indicated a modest expansion from 2019 to 2022: its volume increased at an average annual rate of +1.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of fish fillets; frozen, nile perch (lates niloticus)s skyrocketed to $46M in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern.

Export of Fish Fillets; Frozen, Nile Perch (Lates Niloticus) in Tanzania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain4.52.82.35.35.6%
Israel3.66.22.75.112.3%
Netherlands3.21.70.83.85.9%
Romania2.02.43.23.722.8%
Greece2.82.52.53.79.7%
United Arab Emirates2.22.82.73.617.8%
Saudi Arabia0.20.10.82.9143.8%
Japan2.01.40.52.69.1%
Italy0.50.80.61.544.2%
Portugal1.60.80.51.4-4.4%
China0.20.2N/A1.176.5%
Bahrain0.20.20.20.965.1%
Turkey0.10.20.10.571.0%
Others22.818.715.69.5-25.3%
Total45.740.932.745.6-0.1%

Top Export Markets for Fish Fillets; Frozen, Nile Perch (Lates Niloticus) from Tanzania in 2022:

  1. Spain (877.5 tons)
  2. Israel (709.8 tons)
  3. Greece (668.2 tons)
  4. Netherlands (637.1 tons)
  5. Romania (633.5 tons)
  6. United Arab Emirates (587.4 tons)
  7. Japan (444.7 tons)
  8. Saudi Arabia (375.6 tons)
  9. Italy (243.8 tons)
  10. Portugal (232.8 tons)
  11. China (155.4 tons)
  12. Turkey (152.8 tons)
  13. Bahrain (123.0 tons)

Source: IndexBox Market Intelligence Platform

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