Report Update May 1, 2024

Kenya - Freshwater Fish - Market Analysis, Forecast, Size, Trends and Insights

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Kenya: Freshwater Fish Market 2024

Freshwater Fish Market Size in Kenya

In 2022, the Kenyan freshwater fish market increased by X% to $X, rising for the second consecutive year after three years of decline. In general, consumption recorded a relatively flat trend pattern. Freshwater fish consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Freshwater Fish Production in Kenya

In value terms, freshwater fish production shrank slightly to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Freshwater Fish Exports

Exports from Kenya

In 2022, freshwater fish exports from Kenya skyrocketed to X tons, growing by X% compared with the previous year's figure. Over the period under review, exports, however, showed a perceptible slump. The growth pace was the most rapid in 2016 with an increase of X%. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, freshwater fish exports expanded significantly to $X in 2022. Overall, exports, however, showed a pronounced setback. The pace of growth was the most pronounced in 2016 with an increase of X%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X tons), the Czech Republic (X kg) and Spain (X kg) were the main destinations of freshwater fish exports from Kenya, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) emerged as the key foreign market for freshwater fish exports from Kenya, comprising X% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Spain (X% per year).

Export Prices by Country

In 2022, the average freshwater fish export price amounted to $X per ton, reducing by X% against the previous year. Over the period under review, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, freshwater fish export price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then fell in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Brazil ($X 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 the United Arab Emirates (X%), while the prices for the other major destinations experienced more modest paces of growth.

Freshwater Fish Imports

Imports into Kenya

In 2022, imports of freshwater fish into Kenya reduced notably to X kg, waning by X% compared with 2021. Over the period under review, imports showed a deep reduction. The growth pace was the most rapid in 2013 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, freshwater fish imports fell notably to $X in 2022. In general, imports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Somalia (X kg) was the main supplier of freshwater fish to Kenya, with a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Somalia totaled X%.

In value terms, Somalia ($X) constituted the largest supplier of freshwater fish to Kenya.

From 2012 to 2022, the average annual growth rate of value from Somalia totaled X%.

Import Prices by Country

In 2022, the average freshwater fish import price amounted to $X per ton, with a decrease of X% against the previous year. Overall, the import price, however, enjoyed slight growth. The pace of growth appeared the most rapid in 2019 when the average import price increased by X%. The import price peaked at $X per ton in 2021, and then declined dramatically in the following year.

As there is only one major supplying country, the average price level is determined by prices for Somalia.

From 2012 to 2022, the rate of growth in terms of prices for Somalia amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for freshwater fish in the world?

The countries with the highest volumes of consumption in 2022 were Hong Kong SAR, China and South Korea, with a combined 36% share of global consumption. Myanmar, the Philippines, Thailand, Indonesia, France, Japan, Malaysia, Germany, Spain and Bangladesh lagged somewhat behind, together comprising a further 39%.

What are the largest producers of freshwater fish in the world?

The country with the largest volume of freshwater fish production was China, accounting for 31% of total volume. Moreover, freshwater fish production in China exceeded the figures recorded by the second-largest producer, Myanmar, threefold. The Philippines ranked third in terms of total production with a 9.6% share.

What are the leading suppliers of freshwater fish to Kenya?

In value terms, Somalia $781) constituted the largest supplier of freshwater fish to Kenya.

What are the leading importers of freshwater fish from Kenya?

In value terms, Germany emerged as the key foreign market for freshwater fish exports from Kenya, comprising 55% of total exports. The second position in the ranking was held by the Czech Republic, with a 24% share of total exports. It was followed by Spain, with a 15% share.

What is the average export price for freshwater fish in Kenya?

The average freshwater fish export price stood at $6,722 per ton in 2022, reducing by -12.4% against the previous year.

What is the average import price for freshwater fish in Kenya?

In 2022, the average freshwater fish import price amounted to $7,810 per ton, falling by -67.1% against the previous year.

This report provides an in-depth analysis of the freshwater fish market in Kenya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Country coverage:

Kenya

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kenya
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023