Price for Smoked Fish, Incl. Fillets in Egypt - 2023
Contents:
- Price for Smoked Fish, Incl. Fillets in Egypt (CIF) - 2022
- Price for Smoked Fish, Incl. Fillets in Egypt (FOB) - 2022
- Imports of Smoked Fish, Incl. Fillets in Egypt
- Exports of Smoked Fish, Incl. Fillets in Egypt
Price for Smoked Fish, Incl. Fillets in Egypt (CIF) - 2022
The average smoked fish, incl. fillets import price stood at $14,072 per ton in 2022, remaining constant against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 71% against the previous year. The import price peaked at $16,033 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 Norway.
From 2012 to 2022, the rate of growth in terms of prices for Greece amounted to +11.4% per year.
Price for Smoked Fish, Incl. Fillets in Egypt (FOB) - 2022
The average smoked fish, incl. fillets export price stood at $6,976 per ton in 2022, shrinking by -6.1% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by 50% against the previous year. The export price peaked at $7,432 per ton in 2021, and then reduced in the following year.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($9,859 per ton) and the United Arab Emirates ($7,065 per ton), while the average price for exports to Oman ($6,908 per ton) and Saudi Arabia ($6,917 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+123.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Smoked Fish, Incl. Fillets in Egypt
In 2022, after three years of growth, there was significant decline in supplies from abroad of smoked fish, incl. fillets, when their volume decreased by -83.5% to 4.6 tons. Overall, imports faced a precipitous setback. The pace of growth was the most pronounced in 2021 with an increase of 76%. As a result, imports reached the peak of 28 tons, and then contracted dramatically in the following year.
In value terms, smoked fish, incl. fillets imports reduced remarkably to $65K in 2022. Over the period under review, imports recorded a deep downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 167% against the previous year.
| Import of Smoked Fish, Incl. Fillets in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 86.0 | 185 | 35.9 | 65.3 | -8.8% |
| Chile | N/A | 18.9 | 105 | N/A | 455.6% |
| United Arab Emirates | N/A | 27.7 | 243 | N/A | 777.3% |
| Others | 1.2 | 1.2 | 16.3 | N/A | 268.6% |
| Total | 87.2 | 233 | 400 | 65.3 | -9.2% |
Top Suppliers of Smoked Fish, Incl. Fillets to Egypt in 2022:
- Norway (4.6 tons)
Exports of Smoked Fish, Incl. Fillets in Egypt
In 2022, approx. 15 tons of smoked fish, incl. fillets were exported from Egypt; with a decrease of -6.7% against the year before. Over the period under review, exports recorded a sharp downturn. The pace of growth was the most pronounced in 2021 with an increase of 34%.
In value terms, smoked fish, incl. fillets exports fell to $105K in 2022. In general, exports recorded a deep contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 93%.
| Export of Smoked Fish, Incl. Fillets in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 11.4 | 2.9 | 0.2 | 62.2 | 76.0% |
| United Arab Emirates | 63.6 | 15.7 | 77.2 | 29.4 | -22.7% |
| Bahrain | 6.7 | 1.9 | 0.6 | 10.2 | 15.0% |
| Oman | 8.2 | 2.2 | 3.0 | 2.4 | -33.6% |
| United States | 29.7 | 23.0 | 3.2 | 0.7 | -71.3% |
| Kuwait | 15.0 | 10.2 | 0.8 | N/A | -76.9% |
| Jordan | 50.6 | 0.3 | 16.4 | N/A | -43.1% |
| Others | 9.9 | 6.0 | 18.7 | 0.1 | -78.4% |
| Total | 195 | 62.1 | 120 | 105 | -18.6% |
Top Export Markets for Smoked Fish, Incl. Fillets from Egypt in 2022:
- Saudi Arabia (9.0 tons)
- United Arab Emirates (4.2 tons)
- Bahrain (1.5 tons)
- Oman (0.3 tons)
- United States (0.1 tons)
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