Price for Fish; Live, Ornamental, Freshwater in Kenya - 2022

Contents:

  1. Price for Fish; Live, Ornamental, Freshwater in Kenya (CIF) - 2022
  2. Price for Fish; Live, Ornamental, Freshwater in Kenya (FOB) - 2022
  3. Imports of Fish; Live, Ornamental, Freshwater in Kenya
  4. Exports of Fish; Live, Ornamental, Freshwater in Kenya

Price for Fish; Live, Ornamental, Freshwater in Kenya (CIF) - 2022

In 2022, the average fish; live, ornamental, freshwater import price amounted to $6,378 per ton, dropping by -31.7% against the previous year. Over the period under review, the import price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 58% against the previous year. Over the period under review, average import prices hit record highs at $53,689 per ton in 2012; however, from 2013 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 Malaysia ($10,000 per ton), while the price for Thailand ($1,390 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+13.8%), while the prices for the other major suppliers experienced a decline.

Price for Fish; Live, Ornamental, Freshwater in Kenya (FOB) - 2022

The average fish; live, ornamental, freshwater export price stood at $24,250 per ton in 2022, with a decrease of -5.1% against the previous year. Overall, the export price faced a deep reduction. The growth pace was the most rapid in 2017 when the average export price increased by 67% against the previous year. Over the period under review, the average export prices reached the maximum at $143,114 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($26,307 per ton), while the average price for exports to South Africa ($4,933 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 China (+23.0%), while the prices for the other major destinations experienced a decline.

Imports of Fish; Live, Ornamental, Freshwater in Kenya

In 2022, fish; live, ornamental, freshwater imports into Kenya soared to 1.3 tons, growing by 46% against 2021. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 347% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, fish; live, ornamental, freshwater imports fell to $8.5K in 2022. Overall, imports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 349% against the previous year.

Import of Fish; Live, Ornamental, Freshwater in Kenya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
TanzaniaN/A4,7793,7803,219-17.9%
China27860132262531.0%
Thailand14224331451053.1%
Israel25654824539915.9%
Singapore18136220229918.2%
Sri Lanka14929214327622.8%
Others8721,6143,4693,12953.1%
Total1,8788,4398,4758,45765.1%

Top Suppliers of Fish; Live, Ornamental, Freshwater to Kenya in 2022:

  1. Thailand (367.0 kg)
  2. Tanzania (354.0 kg)
  3. Singapore (172.0 kg)
  4. China (133.0 kg)
  5. Israel (44.0 kg)
  6. Sri Lanka (35.0 kg)

Exports of Fish; Live, Ornamental, Freshwater in Kenya

After three years of growth, shipments abroad of fish; live, ornamental, freshwater decreased by -20.9% to 52 tons in 2022. Over the period under review, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 131%. As a result, the exports attained the peak of 66 tons, and then contracted markedly in the following year.

In value terms, fish; live, ornamental, freshwater exports reduced rapidly to $1.3M in 2022. In general, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 100%. As a result, the exports attained the peak of $1.7M, and then fell remarkably in the following year.

Export of Fish; Live, Ornamental, Freshwater in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5296531,38298222.9%
Qatar39.741.150.348.77.0%
Denmark18.32.513.623.68.8%
United Arab Emirates10.014.423.622.931.8%
Czech RepublicN/AN/AN/A19.10%
South Africa4.23.01.95.811.4%
Others1201272101599.8%
Total7228421,6821,26220.5%

Top Export Markets for Fish; Live, Ornamental, Freshwater from Kenya in 2022:

  1. United States (37.3 tons)
  2. United Arab Emirates (3.7 tons)
  3. Qatar (2.8 tons)
  4. Denmark (1.6 tons)
  5. Czech Republic (1.2 tons)
  6. South Africa (1.2 tons)

Source: IndexBox Market Intelligence Platform

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