Egypt: Frozen Whole Fish Market 2025

Frozen Whole Fish Market Size in Egypt

In 2021, the Egyptian frozen whole fish market decreased by -30.5% to $X, falling for the third year in a row after two years of growth. Overall, consumption, however, posted a remarkable increase. Frozen whole fish consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Frozen Whole Fish Production in Egypt

In value terms, frozen whole fish production dropped to $X in 2021 estimated in export price. Over the period under review, production posted a resilient increase. The most prominent rate of growth was recorded in 2016 when the production volume increased by 532%. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Frozen Whole Fish Exports

Exports from Egypt

For the third year in a row, Egypt recorded growth in overseas shipments of frozen whole fish, which increased by 98% to X tons in 2021. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 326% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, frozen whole fish exports skyrocketed to $X in 2021. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 494%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the near future.

Exports by Country

The United Arab Emirates (X tons) was the main destination for frozen whole fish exports from Egypt, with a 74% share of total exports. Moreover, frozen whole fish exports to the United Arab Emirates exceeded the volume sent to the second major destination, Israel (X tons), fourfold. The third position in this ranking was held by Russia (X tons), with a 5.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United Arab Emirates amounted to +110.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (+196.1% per year) and Russia (0.0% per year).

In value terms, Israel ($X), the United Arab Emirates ($X) and Russia ($X) were the largest markets for frozen whole fish exported from Egypt worldwide, with a combined 91% share of total exports.

Israel, with a CAGR of +197.1%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average frozen whole fish export price amounted to $X per ton, rising by 16% against the previous year. In general, the export price posted buoyant growth. The growth pace was the most rapid in 2018 when the average export price increased by 492%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, 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 Jordan ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Whole Fish Imports

Imports into Egypt

In 2021, supplies from abroad of frozen whole fish decreased by -30.8% to X tons, falling for the third consecutive year after three years of growth. Overall, imports, however, posted a resilient increase. The growth pace was the most rapid in 2014 with an increase of 464% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, frozen whole fish imports declined significantly to $X in 2021. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by 217% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Norway (X tons) constituted the largest frozen whole fish supplier to Egypt, accounting for a 38% share of total imports. Moreover, frozen whole fish imports from Norway exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), twofold. The third position in this ranking was held by Oman (X tons), with a 6.6% share.

From 2012 to 2021, the average annual growth rate of volume from Norway totaled +14.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-4.4% per year) and Oman (+13.6% per year).

In value terms, Norway ($X) constituted the largest supplier of frozen whole fish to Egypt, comprising 37% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 16% share of total imports. It was followed by Japan, with a 6.2% share.

From 2012 to 2021, the average annual growth rate of value from Norway totaled +13.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-8.6% per year) and Japan (+16.1% per year).

Import Prices by Country

The average frozen whole fish import price stood at $X per ton in 2021, growing by 3.2% against the previous year. Over the period under review, the import price, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by 174%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, 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 Brazil ($X per ton), while the price for Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :