Price for Fish Meal; Fit for Human Consumption in Ghana - 2022
Contents:
- Price for Fish Meal; Fit for Human Consumption in Ghana (FOB) - 2022
- Price for Fish Meal; Fit for Human Consumption in Ghana (CIF) - 2022
- Exports of Fish Meal; Fit for Human Consumption in Ghana
- Imports of Fish Meal; Fit for Human Consumption in Ghana
Price for Fish Meal; Fit for Human Consumption in Ghana (FOB) - 2022
The average export price for fish meal; fit for human consumptia stood at $1,410 per ton in 2022, standing approx. at the previous year. In general, the export price, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2020 an increase of 87% against the previous year. The export price peaked at $7,064 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($1,558 per ton), while the average price for exports to Canada ($142 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 Vietnam (+36.5%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Fish Meal; Fit for Human Consumption in Ghana (CIF) - 2022
In 2022, the average import price for fish meal; fit for human consumptia amounted to $8,581 per ton, reducing by -23.2% against the previous year. In general, the import price saw a pronounced descent. The most prominent rate of growth was recorded in 2019 when the average import price increased by 57%. As a result, import price reached the peak level of $25,358 per ton. From 2020 to 2022, the average 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 South Africa ($52,982 per ton), while the price for Senegal ($4,434 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+81.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fish Meal; Fit for Human Consumption in Ghana
In 2022, exports of fish meal; fit for human consumptia from Ghana stood at 35 tons, leveling off at 2021 figures. In general, exports, however, faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 72%.
In value terms, exports of fish meal; fit for human consumptia rose to $50K in 2022. Overall, exports, however, faced a significant decrease.
| Export of Fish Meal; Fit for Human Consumption in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 22.8 | 49.0 | 48.1 | 49.0 | 29.0% |
| Canada | 0.2 | 0.4 | 0.4 | 0.4 | 26.0% |
| United States | 0.2 | 0.5 | 0.4 | 0.3 | 14.5% |
| Nigeria | 3.4 | N/A | N/A | N/A | 0% |
| Japan | 73.5 | N/A | N/A | N/A | 0% |
| Bangladesh | 32.3 | N/A | N/A | N/A | 0% |
| Others | 0.2 | 0.8 | 0.1 | N/A | -29.3% |
| Total | 133 | 50.7 | 48.9 | 49.8 | -27.9% |
Top Export Markets for Fish Meal; Fit for Human Consumption from Ghana in 2022:
- Italy (31.5 tons)
- Canada (2.9 tons)
- United States (1.0 tons)
Imports of Fish Meal; Fit for Human Consumption in Ghana
Imports of fish meal; fit for human consumptia into Ghana soared to 4.3 tons in 2022, increasing by 511% against the previous year's figure. Over the period under review, imports, however, saw a pronounced reduction.
In value terms, imports of fish meal; fit for human consumptia skyrocketed to $37K in 2022. Overall, imports, however, recorded a sharp setback.
| Import of Fish Meal; Fit for Human Consumption in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Senegal | 5.5 | 41.9 | 3.1 | 17.3 | 46.5% |
| South Africa | 0.7 | 10.7 | 3.6 | 15.0 | 177.8% |
| China | 0.6 | 4.3 | 0.3 | 1.2 | 26.0% |
| Norway | 115 | N/A | N/A | N/A | 0% |
| Others | 1.5 | 8.6 | 0.8 | 3.1 | 27.4% |
| Total | 123 | 65.4 | 7.8 | 36.6 | -33.2% |
Top Suppliers of Fish Meal; Fit for Human Consumption to Ghana in 2022:
- Senegal (3.9 tons)
- South Africa (0.3 tons)
- China (0.1 tons)
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