Ghana - Freshwater Fish - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFreshwater Fish Price in Ghana - 2022
Contents:
- Freshwater Fish Price in Ghana (FOB) - 2022
- Freshwater Fish Price in Ghana (CIF) - 2022
- Freshwater Fish Exports in Ghana
- Freshwater Fish Imports in Ghana
Freshwater Fish Price in Ghana (FOB) - 2022
In 2022, the average freshwater fish export price amounted to $6,821 per ton, which is down by -3.6% against the previous year. Over the period under review, the export price, however, posted strong growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 126% against the previous year. Over the period under review, the average export prices attained the peak figure at $7,073 per ton in 2021, and then fell slightly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sri Lanka ($29,008 per ton), while the average price for exports to the UK ($1,824 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 Singapore (+19.7%), while the prices for the other major destinations experienced more modest paces of growth.
Freshwater Fish Price in Ghana (CIF) - 2022
The average freshwater fish import price stood at $4,330 per ton in 2022, increasing by 21% against the previous year. In general, the import price, however, showed a pronounced curtailment. The most prominent rate of growth was recorded in 2020 an increase of 52% against the previous year. The import price peaked at $5,756 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($11,125 per ton), while the price for the UK ($500 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+2.8%), while the prices for the other major suppliers experienced a decline.
Freshwater Fish Exports in Ghana
In 2022, approx. 1.5 tons of freshwater fish were exported from Ghana; which is down by -4.3% compared with the year before. In general, exports showed a deep downturn.
In value terms, freshwater fish exports contracted to $10K in 2022. The total export value increased at an average annual rate of +8.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 18%. As a result, the exports attained the peak of $11K, and then reduced in the following year.
| Export of Freshwater Fish in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sri Lanka | N/A | 3.9 | 4.1 | 3.4 | -6.6% |
| Hong Kong SAR | N/A | 1.3 | 1.7 | 1.8 | 17.7% |
| Singapore | N/A | 0.8 | 1.2 | 1.4 | 32.3% |
| United States | N/A | 1.0 | 1.3 | 1.3 | 14.0% |
| Taiwan (Chinese) | N/A | 1.0 | 1.1 | 1.0 | 0.0% |
| Netherlands | N/A | 0.5 | 0.5 | 0.4 | -10.6% |
| China | 0.5 | 0.4 | 0.4 | 0.4 | -7.2% |
| Japan | N/A | 0.3 | 0.3 | 0.2 | -18.4% |
| Spain | 2.7 | N/A | N/A | N/A | 0% |
| Vietnam | 1.6 | N/A | N/A | N/A | 0% |
| Malaysia | 2.9 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 7.7 | 9.1 | 10.8 | 10.0 | 9.1% |
Top Export Markets for Freshwater Fish from Ghana in 2022:
- United States (409.0 kg)
- Hong Kong SAR (253.0 kg)
- Taiwan (Chinese) (241.0 kg)
- Singapore (137.0 kg)
- Sri Lanka (118.0 kg)
- China (96.0 kg)
- Netherlands (91.0 kg)
- Japan (71.0 kg)
Freshwater Fish Imports in Ghana
In 2022, the amount of freshwater fish imported into Ghana dropped significantly to 566 kg, waning by -31.5% compared with the previous year's figure. Overall, imports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 78%.
In value terms, freshwater fish imports contracted notably to $2.5K in 2022. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 51%. As a result, imports attained the peak of $2.9K, and then dropped remarkably in the following year.
| Import of Freshwater Fish in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 1,445 | 0% |
| Israel | N/A | N/A | N/A | 797 | 0% |
| South Africa | 566 | 1,456 | 1,307 | 178 | -32.0% |
| United Kingdom | 78.0 | 161 | 118 | 10.0 | -49.6% |
| Germany | 25.0 | N/A | N/A | N/A | 0% |
| Malaysia | 1,770 | N/A | N/A | N/A | 0% |
| Tanzania | N/A | N/A | 1,524 | N/A | 0% |
| Others | N/A | 334 | N/A | 21.0 | -74.9% |
| Total | 2,439 | 1,951 | 2,949 | 2,451 | 0.2% |
Top Suppliers of Freshwater Fish to Ghana in 2022:
- United States (340.0 kg)
- Israel (188.0 kg)
- United Kingdom (20.0 kg)
- South Africa (16.0 kg)
This report provides an in-depth analysis of the freshwater fish market in Ghana. 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:
Country coverage:
- Ghana
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ghana
- 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
-
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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