Ethiopia: Market for Frozen, Dried And Smoked Fish 2025

Market Size for Frozen, Dried And Smoked Fish in Ethiopia

The Ethiopian market for frozen, dried and smoked fish shrank modestly to $X in 2022, with a decrease of X% against the previous year. Over the period under review, the total consumption indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Frozen, dried and smoked fish consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Frozen, Dried And Smoked Fish in Ethiopia

In value terms, frozen, dried and smoked fish production declined to $X in 2022 estimated in export price. Overall, the total production indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Frozen, dried and smoked fish production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Frozen, Dried And Smoked Fish

Exports from Ethiopia

In 2022, shipments abroad of frozen, dried and smoked fish was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a deep reduction. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, frozen, dried and smoked fish exports surged to $X in 2022. In general, exports, however, faced a deep contraction. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons) was the main destination for frozen, dried and smoked fish exports from Ethiopia, with a X% share of total exports. Moreover, frozen, dried and smoked fish exports to the Netherlands exceeded the volume sent to the second major destination, Sudan (X tons), threefold. The third position in this ranking was held by Saudi Arabia (X kg), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sudan (X% per year) and Saudi Arabia (X% per year).

In value terms, the Netherlands ($X), Sudan ($X) and Hong Kong SAR ($X) were the largest markets for frozen, dried and smoked fish exported from Ethiopia worldwide, together comprising X% of total exports.

Hong Kong SAR, with a CAGR of X%, saw the highest rates of growth with regard to 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

The average export price for frozen, dried and smoked fish stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2021, and then fell notably in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Norway ($X 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 Sudan (X%), while the prices for the other major destinations experienced a decline.

Imports of Frozen, Dried And Smoked Fish

Imports into Ethiopia

In 2022, supplies from abroad of frozen, dried and smoked fish increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, frozen, dried and smoked fish imports surged to $X in 2022. Over the period under review, total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of frozen, dried and smoked fish to Ethiopia, with a X% share of total imports. Moreover, frozen, dried and smoked fish imports from Turkey exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), twofold. The third position in this ranking was taken by Vietnam (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Vietnam (X% per year).

In value terms, Turkey ($X), Vietnam ($X) and Norway ($X) appeared to be the largest frozen, dried and smoked fish suppliers to Ethiopia, together accounting for X% of total imports.

In terms of the main suppliers, Turkey, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for frozen, dried and smoked fish amounted to $X per ton, falling by X% against the previous year. Over the period under review, the import price continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2020 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, 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 Norway ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform