Price for Fish; Edible Offal, Shark Fins in Ghana - 2022

Contents:

  1. Price for Fish; Edible Offal, Shark Fins in Ghana (FOB) - 2022
  2. Exports of Fish; Edible Offal, Shark Fins in Ghana

Price for Fish; Edible Offal, Shark Fins in Ghana (FOB) - 2022

In 2022, the average export price for fish; edible offal, shark finses amounted to $69,154 per ton, remaining relatively unchanged against the previous year. Overall, the export price, however, posted a strong expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 148%. The export price peaked at $87,210 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($69,421 per ton), while the average price for exports to Hong Kong SAR stood at $68,892 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+14.7%).

Exports of Fish; Edible Offal, Shark Fins in Ghana

In 2022, the amount of fish; edible offal, shark finses exported from Ghana contracted sharply to 6.7 tons, reducing by -43.9% on the year before. Over the period under review, exports, however, saw a temperate increase. The pace of growth appeared the most rapid in 2021 with an increase of 719% against the previous year. As a result, the exports reached the peak of 12 tons, and then dropped notably in the following year.

In value terms, fish; edible offal, shark fins exports fell rapidly to $465K in 2022. In general, exports continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2021 with an increase of 842% against the previous year. As a result, the exports reached the peak of $841K, and then reduced markedly in the following year.

Export of Fish; Edible Offal, Shark Fins in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR29013.3505233-7.0%
Singapore25176.0336232-2.6%
OthersN/AN/AN/AN/A0%
Total54189.3841465-4.9%

Top Export Markets for Fish; Edible Offal, Shark Fins from Ghana in 2022:

  1. Hong Kong SAR (3.4 tons)
  2. Singapore (3.3 tons)

Source: IndexBox Market Intelligence Platform

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