Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Egypt - 2023

Contents:

1. Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Egypt (CIF) - 2022
2. Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Egypt (FOB) - 2022
3. Imports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Egypt
4. Exports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Egypt

Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Egypt (CIF) - 2022

In 2022, the average import price for fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s amounted to $1,927 per ton, falling by -3.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The pace of growth was the most pronounced in 2021 when the average import price increased by 18%. As a result, import price reached the peak level of $1,988 per ton, and then shrank slightly in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Norway amounted to +2.4% per year.

Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Egypt (FOB) - 2022

In 2022, the average export price for fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s amounted to $1,200 per ton, with an increase of 11% against the previous year. Over the period under review, the export price, however, showed a abrupt downturn. The pace of growth appeared the most rapid in 2020 when the average export price increased by 52% against the previous year. The export price peaked at $3,518 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($1,202 per ton), while the average price for exports to the United Arab Emirates amounted to $1,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+58.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Egypt

After three years of growth, supplies from abroad of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s decreased by -37.3% to 64 tons in 2022. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 299% against the previous year.

In value terms, imports of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s plummeted to $123K in 2022. In general, imports, however, posted significant growth. The growth pace was the most rapid in 2021 when imports increased by 362% against the previous year. As a result, imports reached the peak of $203K, and then reduced notably in the following year.

Top Suppliers of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) to Egypt in 2022:

1. Norway (64.0 tons)

Exports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Egypt

In 2022, the amount of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s exported from Egypt declined slightly to 100 kg, remaining stable against the year before. Over the period under review, exports recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 1% against the previous year.

In value terms, exports of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s rose sharply to $120 in 2022. Overall, exports showed a sharp setback.

Top Export Markets for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) from Egypt in 2022:

1. Kuwait (99.0 kg)
2. United Arab Emirates (1.0 kg)

Source: IndexBox Market Intelligence Platform