Price for Fish; Live, Ornamental, Freshwater in Ghana - 2022

Contents:

  1. Price for Fish; Live, Ornamental, Freshwater in Ghana (FOB) - 2022
  2. Price for Fish; Live, Ornamental, Freshwater in Ghana (CIF) - 2022
  3. Exports of Fish; Live, Ornamental, Freshwater in Ghana
  4. Imports of Fish; Live, Ornamental, Freshwater in Ghana

Price for Fish; Live, Ornamental, Freshwater in Ghana (FOB) - 2022

In 2022, the average fish; live, ornamental, freshwater export price amounted to $18,687 per ton, dropping by -49.2% against the previous year. Over the period under review, the export price, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2020 an increase of 118%. Over the period under review, the average export prices reached the peak figure at $36,776 per ton in 2021, and then contracted markedly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($313,542 per ton), while the average price for exports to Namibia ($3,831 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 Canada (+100.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fish; Live, Ornamental, Freshwater in Ghana (CIF) - 2022

In 2022, the average fish; live, ornamental, freshwater import price amounted to $51,130 per ton, rising by 2% against the previous year. Overall, the import price, however, recorded a pronounced reduction. The growth pace was the most rapid in 2021 when the average import price increased by 90% against the previous year. Over the period under review, average import prices reached the maximum at $75,074 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($61,524 per ton), while the price for China ($22,980 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Fish; Live, Ornamental, Freshwater in Ghana

In 2022, exports of fish; live, ornamental, freshwater from Ghana surged to 964 kg, jumping by 23% compared with the previous year's figure. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 230% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, fish; live, ornamental, freshwater exports contracted notably to $18K in 2022. Over the period under review, exports recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 620%.

Export of Fish; Live, Ornamental, Freshwater in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.14.312.68.4338.0%
Japan0.62.85.47.5132.1%
NamibiaN/AN/AN/A2.10%
South KoreaN/AN/A10.6N/A0%
China0.2N/AN/AN/A0%
OthersN/AN/A0.3N/A0%
Total1.07.128.918.0162.1%

Top Export Markets for Fish; Live, Ornamental, Freshwater from Ghana in 2022:

  1. Namibia (544.0 kg)
  2. United States (396.0 kg)
  3. Japan (24.0 kg)

Imports of Fish; Live, Ornamental, Freshwater in Ghana

In 2022, the amount of fish; live, ornamental, freshwater imported into Ghana shrank remarkably to 223 kg, waning by -44.8% compared with the year before. Overall, imports continue to indicate a deep slump. The pace of growth was the most pronounced in 2021 when imports increased by 316%. As a result, imports reached the peak of 404 kg, and then contracted notably in the following year.

In value terms, fish; live, ornamental, freshwater imports contracted notably to $11K in 2022. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 692%. As a result, imports attained the peak of $20K, and then declined significantly in the following year.

Import of Fish; Live, Ornamental, Freshwater in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Israel3.21.88.14.612.9%
Thailand0.30.19.34.2141.0%
Malaysia0.70.30.41.322.9%
China0.40.32.01.140.1%
Singapore0.10.10.40.226.0%
Hong Kong SAR1.0N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total5.82.620.211.425.3%

Top Suppliers of Fish; Live, Ornamental, Freshwater to Ghana in 2022:

  1. Israel (78.0 kg)
  2. Thailand (71.0 kg)
  3. China (49.0 kg)
  4. Malaysia (21.0 kg)
  5. Singapore (4.0 kg)

Source: IndexBox Market Intelligence Platform

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