Price for Fish Meal; Fit for Human Consumption in Egypt - 2022
Contents:
- Price for Fish Meal; Fit for Human Consumption in Egypt (CIF) - 2022
- Price for Fish Meal; Fit for Human Consumption in Egypt (FOB) - 2022
- Imports of Fish Meal; Fit for Human Consumption in Egypt
- Exports of Fish Meal; Fit for Human Consumption in Egypt
Price for Fish Meal; Fit for Human Consumption in Egypt (CIF) - 2022
In 2022, the average import price for fish meal; fit for human consumptia amounted to $8,677 per ton, approximately mirroring the previous year. Over the period under review, the import price, however, showed a pronounced curtailment. Over the period under review, average import prices reached the peak figure at $10,478 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Pakistan ($8,839 per ton), while the price for Oman ($8,554 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (-1.4%), while the prices for the other major suppliers experienced a decline.
Price for Fish Meal; Fit for Human Consumption in Egypt (FOB) - 2022
In 2022, the average export price for fish meal; fit for human consumptia amounted to $2,165 per ton, picking up by 2.8% against the previous year. Over the period under review, the export price posted a moderate expansion. The pace of growth was the most pronounced in 2014 when the average export price increased by 1,357% against the previous year. As a result, the export price attained the peak level of $3,261 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($2,492 per ton), while the average price for exports to the United Arab Emirates amounted to $1,623 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+53.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish Meal; Fit for Human Consumption in Egypt
In 2022, the amount of fish meal; fit for human consumptia imported into Egypt soared to 687 kg, jumping by 841% on 2021 figures. Over the period under review, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of fish meal; fit for human consumptia surged to $6K in 2022. In general, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Fish Meal; Fit for Human Consumption in Egypt (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
Oman | 0.3 | 3.2 | 966.7% | ||
Pakistan | 0.3 | 2.2 | 633.3% | ||
Yemen | 0.1 | 0.6 | 500.0% | ||
Others | N/A | N/A | 0% | ||
Total | 0.6 | 6.0 | 900.0% |
Top Suppliers of Fish Meal; Fit for Human Consumption to Egypt in 2022:
- Oman (370.0 kg)
- Pakistan (254.0 kg)
- Yemen (63.0 kg)
Exports of Fish Meal; Fit for Human Consumption in Egypt
After two years of decline, overseas shipments of fish meal; fit for human consumptia increased by 131% to 9.7 tons in 2022. Overall, exports, however, saw a significant decline.
In value terms, exports of fish meal; fit for human consumptia surged to $21K in 2022. Over the period under review, exports, however, faced a precipitous shrinkage.
Export of Fish Meal; Fit for Human Consumption in Egypt (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 30.4 | 20.7 | 5.7 | 15.2 | -20.6% |
United Arab Emirates | 14.3 | 0.5 | 2.4 | 5.9 | -25.6% |
Morocco | 29.7 | N/A | N/A | N/A | 0% |
United Kingdom | N/A | 12.2 | N/A | N/A | 0% |
Lebanon | 29.8 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | 0.8 | N/A | 0% |
Total | 104 | 33.3 | 8.9 | 21.1 | -41.2% |
Top Export Markets for Fish Meal; Fit for Human Consumption from Egypt in 2022:
- Saudi Arabia (6.1 tons)
- United Arab Emirates (3.7 tons)
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