Kenya - Fresh Or Chilled Fish Fillets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFresh Fish Fillet Price in Kenya - 2021
Contents:
- Fresh Fish Fillet Price in Kenya (FOB) - 2022
- Fresh Fish Fillet Price in Kenya (CIF) - 2022
- Fresh Fish Fillet Exports in Kenya
- Fresh Fish Fillet Imports in Kenya
Fresh Fish Fillet Price in Kenya (FOB) - 2022
The average fresh fish fillet export price stood at $6,089 per ton in 2022, which is down by -11.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2021 when the average export price increased by 43%. As a result, the export price reached the peak level of $6,857 per ton, and then shrank in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Israel ($7,652 per ton), while the average price for exports to Germany ($4,829 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.
Fresh Fish Fillet Price in Kenya (CIF) - 2022
In 2022, the average fresh fish fillet import price amounted to $7,592 per ton, surging by 39% against the previous year. In general, the import price saw a prominent increase. The most prominent rate of growth was recorded in 2014 an increase of 89%. The import price peaked at $8,354 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($8,835 per ton), while the price for the Netherlands ($6,130 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uganda (+9.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Fresh Fish Fillet Exports in Kenya
In 2022, approx. 2K tons of fresh or chilled fish fillets were exported from Kenya; rising by 104% on 2021. In general, exports saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 224% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, fresh fish fillet exports soared to $12M in 2022. Over the period under review, exports saw a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 240% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
Export of Fresh Fish Fillet in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 1,267 | 6,186 | 2,852 | 5,701 | 65.1% |
Israel | 146 | 366 | 580 | 1,134 | 98.0% |
Germany | 15.1 | 188 | 61.8 | 336 | 181.3% |
Spain | 13.4 | 123 | 175 | 246 | 163.8% |
France | 503 | 170 | 5.9 | N/A | -89.2% |
Italy | 326 | 457 | 479 | N/A | 21.2% |
Others | 66.4 | 464 | 2,479 | 4,586 | 310.3% |
Total | 2,337 | 7,954 | 6,632 | 12,002 | 72.5% |
Top Export Markets for Fresh Fish Fillet from Kenya in 2022:
- Netherlands (933.8 tons)
- Israel (148.2 tons)
- Germany (69.5 tons)
- Spain (38.1 tons)
Fresh Fish Fillet Imports in Kenya
Fresh fish fillet imports into Kenya surged to 135 tons in 2022, increasing by 89% compared with the previous year. In general, 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, fresh fish fillet imports soared to $1M in 2022. Overall, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Fresh Fish Fillet in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Norway | 383 | 365 | 363 | 903 | 33.1% |
Netherlands | N/A | N/A | N/A | 47.8 | 0% |
United Kingdom | N/A | N/A | N/A | 21.0 | 0% |
Uganda | 54.5 | N/A | N/A | N/A | 0% |
Tanzania | 9.7 | 51.6 | 16.0 | N/A | 28.4% |
Others | 3.2 | 4.1 | 9.6 | 51.2 | 152.0% |
Total | 450 | 420 | 389 | 1,023 | 31.5% |
Top Suppliers of Fresh Fish Fillet to Kenya in 2022:
- Norway (116.2 tons)
- Netherlands (7.8 tons)
- United Kingdom (2.4 tons)
This report provides an in-depth analysis of the fresh fish fillet market in Kenya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10201100 - Fresh or chilled fish fillets and other fish meat without bones
Country coverage:
- Kenya
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kenya
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In value terms, prepared and preserved fish imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indi...
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