Price for Fish Meal; Fit for Human Consumption in Egypt - 2022

Contents:

1. Price for Fish Meal; Fit for Human Consumption in Egypt (CIF) - 2022
2. Price for Fish Meal; Fit for Human Consumption in Egypt (FOB) - 2022
3. Imports of Fish Meal; Fit for Human Consumption in Egypt
4. Exports of Fish Meal; Fit for Human Consumption in Egypt

Price for Fish Meal; Fit for Human Consumption in Egypt (CIF) - 2022

In 2022, the average import price for fish meal; fit for human consumptia amounted to $8,677 per ton, approximately mirroring the previous year. Over the period under review, the import price, however, showed a pronounced curtailment. Over the period under review, average import prices reached the peak figure at $10,478 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Pakistan ($8,839 per ton), while the price for Oman ($8,554 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (-1.4%), while the prices for the other major suppliers experienced a decline.

Price for Fish Meal; Fit for Human Consumption in Egypt (FOB) - 2022

In 2022, the average export price for fish meal; fit for human consumptia amounted to $2,165 per ton, picking up by 2.8% against the previous year. Over the period under review, the export price posted a moderate expansion. The pace of growth was the most pronounced in 2014 when the average export price increased by 1,357% against the previous year. As a result, the export price attained the peak level of $3,261 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($2,492 per ton), while the average price for exports to the United Arab Emirates amounted to $1,623 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+53.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fish Meal; Fit for Human Consumption in Egypt

In 2022, the amount of fish meal; fit for human consumptia imported into Egypt soared to 687 kg, jumping by 841% on 2021 figures. Over the period under review, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fish meal; fit for human consumptia surged to $6K in 2022. In general, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Fish Meal; Fit for Human Consumption to Egypt in 2022:

1. Oman (370.0 kg)
2. Pakistan (254.0 kg)
3. Yemen (63.0 kg)

Exports of Fish Meal; Fit for Human Consumption in Egypt

After two years of decline, overseas shipments of fish meal; fit for human consumptia increased by 131% to 9.7 tons in 2022. Overall, exports, however, saw a significant decline.

In value terms, exports of fish meal; fit for human consumptia surged to $21K in 2022. Over the period under review, exports, however, faced a precipitous shrinkage.

Top Export Markets for Fish Meal; Fit for Human Consumption from Egypt in 2022:

1. Saudi Arabia (6.1 tons)
2. United Arab Emirates (3.7 tons)

Source: IndexBox Market Intelligence Platform