Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Angola - 2022
Contents:
- Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Angola (CIF) - 2022
- Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Angola
Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Angola (CIF) - 2022
The average import price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s stood at $5,066 per ton in 2022, growing by 4.9% against the previous year. In general, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s decreased by -9.9% against 2018 indices. The growth pace was the most rapid in 2016 an increase of 44%. Over the period under review, average import prices attained the peak figure at $5,626 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($12,643 per ton), while the price for China ($3,349 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Angola
In 2022, the amount of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s imported into Angola reduced dramatically to 117 tons, which is down by -18.9% compared with the previous year. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +8.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +30.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 61% against the previous year. As a result, imports attained the peak of 145 tons, and then plummeted in the following year.
In value terms, imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s fell to $594K in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +8.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +26.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. As a result, imports attained the peak of $698K, and then shrank in the following year.
| Import of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 146 | 95.8 | 306 | 246 | 19.0% |
| Portugal | 121 | 171 | 149 | 159 | 9.5% |
| South Africa | 46.7 | 40.6 | 30.2 | 21.2 | -23.1% |
| Namibia | 11.6 | 12.0 | 10.6 | 8.9 | -8.5% |
| Others | 144 | 171 | 203 | 159 | 3.4% |
| Total | 470 | 490 | 698 | 594 | 8.1% |
Top Suppliers of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) to Angola in 2022:
- China (73.3 tons)
- Portugal (20.4 tons)
- South Africa (1.9 tons)
- Namibia (1.3 tons)
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