Price for Fish Fillets; Fresh or Chilled, Nile Perch (Lates Niloticus) in Kenya - 2022

Contents:

  1. Price for Fish Fillets; Fresh or Chilled, Nile Perch (Lates Niloticus) in Kenya (FOB) - 2022
  2. Price for Fish Fillets; Fresh or Chilled, Nile Perch (Lates Niloticus) in Kenya (CIF) - 2022
  3. Exports of Fish Fillets; Fresh or Chilled, Nile Perch (Lates Niloticus) in Kenya
  4. Imports of Fish Fillets; Fresh or Chilled, Nile Perch (Lates Niloticus) in Kenya

Price for Fish Fillets; Fresh or Chilled, Nile Perch (Lates Niloticus) in Kenya (FOB) - 2022

The average export price for fish fillets; fresh or chilled, nile perch (lates niloticus)s stood at $7,578 per ton in December 2021, declining by -4% against the previous month. Over the period from January 2021 to December 2021, it increased at an average monthly rate of +2.0%. The most prominent rate of growth was recorded in March 2021 when the average export price increased by 34% against the previous month. As a result, the export price attained the peak level of $8,199 per ton. From April 2021 to December 2021, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In December 2021, the country with the highest price was Cyprus ($11,232 per ton), while the average price for exports to the United Arab Emirates ($3,875 per ton) was amongst the lowest.

From January 2021 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fish Fillets; Fresh or Chilled, Nile Perch (Lates Niloticus) in Kenya (CIF) - 2022

The average import price for fish fillets; fresh or chilled, nile perch (lates niloticus)s stood at $1,694 per ton in 2022, with an increase of 19% against the previous year. Overall, the import price continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by 72% against the previous year. The import price peaked at $3,927 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Tanzania amounted to +62.4% per year.

Exports of Fish Fillets; Fresh or Chilled, Nile Perch (Lates Niloticus) in Kenya

In 2022, the amount of fish fillets; fresh or chilled, nile perch (lates niloticus)s exported from Kenya soared to 1.1K tons, growing by 31% against the previous year's figure. Overall, exports saw significant growth. The growth pace was the most rapid in 2020 when exports increased by 173% against the previous year. As a result, the exports attained the peak of 1.4K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of fish fillets; fresh or chilled, nile perch (lates niloticus)s declined modestly to $5.7M in 2022. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 193% against the previous year. As a result, the exports attained the peak of $6.8M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Fish Fillets; Fresh or Chilled, Nile Perch (Lates Niloticus) in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2522,3281,5382,817123.6%
Israel3401,3641,0551,14649.9%
Italy4381,7121,2751,12737.0%
Belgium10414575.716516.6%
United Arab Emirates18.213722512087.5%
Germany30.220792.394.546.3%
Saudi ArabiaN/A85.2N/A66.7-11.5%
France1,002189413N/A-35.8%
Others1486621,2731745.5%
Total2,3336,8275,9465,71134.8%

Top Export Markets for Fish Fillets; Fresh or Chilled, Nile Perch (Lates Niloticus) from Kenya in 2022:

  1. Netherlands (580.7 tons)
  2. Italy (243.9 tons)
  3. Israel (119.3 tons)
  4. Belgium (39.7 tons)
  5. Germany (26.8 tons)
  6. United Arab Emirates (23.9 tons)
  7. Saudi Arabia (20.0 tons)

Imports of Fish Fillets; Fresh or Chilled, Nile Perch (Lates Niloticus) in Kenya

In 2022, supplies from abroad of fish fillets; fresh or chilled, nile perch (lates niloticus)s decreased by -65.1% to 1.2 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a sharp slump. The growth pace was the most rapid in 2020 with an increase of 167%. As a result, imports reached the peak of 51 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of fish fillets; fresh or chilled, nile perch (lates niloticus)s dropped dramatically to $2K in 2022. Overall, imports showed a dramatic downturn. The smallest decline of -10.8% was in 2020.

Import of Fish Fillets; Fresh or Chilled, Nile Perch (Lates Niloticus) in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uganda49.921.84.22.0-65.8%
TanzaniaN/A22.70.4N/A-98.2%
OthersN/AN/A0.1N/A0%
Total49.944.54.72.0-65.8%

Top Suppliers of Fish Fillets; Fresh or Chilled, Nile Perch (Lates Niloticus) to Kenya in 2022:

  1. Uganda (1.2 tons)

Source: IndexBox Market Intelligence Platform

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