Report Update Jun 1, 2025

Ghana - Frozen Catfish - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Frozen Catfish Market 2022

Frozen Catfish Market Size in Ghana

In 2020, the Ghanian frozen catfish market decreased by -X% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2020, consumption stood at a somewhat lower figure.

Frozen Catfish Exports

Exports from Ghana

In 2020, the amount of frozen catfish exported from Ghana stood at X kg, approximately mirroring 2019. Over the period under review, exports saw a relatively flat trend pattern. Over the period under review, exports hit record highs at X tons in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

In value terms, frozen catfish exports totaled $X in 2020. In general, exports saw a relatively flat trend pattern. Over the period under review, exports reached the maximum at $X in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for frozen catfish exports from Ghana, accounting for a approx. X% share of total exports.

From 2007 to 2018, the average annual growth rate of volume to China was relatively modest.

From 2007 to 2018, the average annual rate of growth in terms of value to China was relatively modest.

Export Prices by Country

In 2018, the average frozen catfish export price amounted to $X per ton, almost unchanged from the previous year. In general, the export price showed a relatively flat trend pattern. The export price peaked in 2018 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for China.

From 2007 to 2018, the rate of growth in terms of prices for China amounted to X% per year.

Frozen Catfish Imports

Imports into Ghana

In 2020, overseas purchases of frozen catfish decreased by -X% to X tons, falling for the second consecutive year after two years of growth. Overall, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2020, imports remained at a lower figure.

In value terms, frozen catfish imports soared to $X in 2020. In general, imports, however, continue to indicate resilient growth. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. As a result, imports reached the peak of $X. from 2018 to 2020, the growth imports failed to regain the momentum.

Imports by Country

In 2020, Senegal (X tons) constituted the largest frozen catfish supplier to Ghana, with a X% share of total imports. Moreover, frozen catfish imports from Senegal exceeded the figures recorded by the second-largest supplier, Sierra Leone (X kg), more than tenfold. Guinea-Bissau (X kg) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Senegal was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Sierra Leone (+X% per year) and Guinea-Bissau (+X% per year).

In value terms, the largest frozen catfish suppliers to Ghana were Sierra Leone ($X), Mauritania ($X) and Guinea-Bissau ($X), with a combined X% share of total imports.

Sierra Leone recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average frozen catfish import price stood at $X per ton in 2020, jumping by X% against the previous year. In general, the import price, however, continues to indicate a deep contraction. The import price peaked at $X per ton in 2016; however, from 2017 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Mauritania ($X per ton), while the price for Senegal ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Sierra Leone, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen catfish in the world?

The countries with the highest volumes of frozen catfish consumption in 2020 were Vietnam, Colombia and Thailand, with a combined 45% share of global consumption. These countries were followed by Saudi Arabia, Cote d'Ivoire, Cameroon, Denmark, Democratic Republic of the Congo, the U.S., Qatar, China, Russia and South Korea, which together accounted for a further 30%.

What are the largest producers of frozen catfish in the world?

Vietnam remains the largest frozen catfish producing country worldwide, comprising approx. 75% of total volume. Moreover, frozen catfish production in Vietnam exceeded the figures recorded by the second-largest producer, China, more than tenfold. Thailand ranked third in terms of total production with a 5.4% share.

What are the leading suppliers of frozen catfish to Ghana?

In value terms, Sierra Leone, Mauritania and Guinea-Bissau constituted the largest frozen catfish suppliers to Ghana, together comprising 94% of total imports.

What is the average export price for frozen catfish in Ghana?

The average frozen catfish export price stood at $1,050 per ton in 2018, standing approx. at the previous year.

What is the average import price for frozen catfish in Ghana?

The average frozen catfish import price stood at $111,165 per ton in 2020, surging by 4,148% against the previous year.

This report provides an in-depth analysis of the frozen catfish 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 2025.

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND THE AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and its Prospects
1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
5. MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

Finding New Products to Diversify Your Business
- This Chapter is Available Only for the Professional EditionPRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCTS
4. MOST TRADED PRODUCTS
5. MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
- This Chapter is Available Only for the Professional EditionPRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Export
- This Chapter is Available Only for the Professional EditionPRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS

The Largest Import Supplying Countries
1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS

The Largest Destinations for Exports
1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
- This Chapter is Available Only for the Professional EditionPRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
3. Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
4. Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
5. Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
6. Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
8. Market Volume Forecast to 2035
9. Market Value Forecast to 2035
10. Market Size and Growth, By Product
11. Average Per Capita Consumption, By Product
12. Exports and Growth, By Product
13. Export Prices and Growth, By Product
14. Production Volume and Growth
15. Exports and Growth
16. Export Prices and Growth
17. Market Size and Growth
18. Per Capita Consumption
19. Imports and Growth
20. Import Prices
21. Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
22. Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
23. Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
24. Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country, 2012–2024
29. Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
30. Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country, 2012–2024