Western Africa: Preserved Fish Fillet Market 2025

Preserved Fish Fillet Market Size in Western Africa

In 2021, the West African preserved fish fillet market increased by 1.5% to $X, rising for the third year in a row after three years of decline. The total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +29.1% against 2018 indices. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Preserved Fish Fillet Production in Western Africa

In value terms, preserved fish fillet production fell to $X in 2021 estimated in export price. The total production indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +7.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +17.7% against 2018 indices. The pace of growth appeared the most rapid in 2013 when the production volume increased by 77%. Over the period under review, production reached the maximum level at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Preserved Fish Fillet Exports

Exports in Western Africa

In 2021, overseas shipments of fish fillets (dried, salted or in brine, but not smoked) were finally on the rise to reach X tons after four years of decline. Over the period under review, exports saw a strong increase. The most prominent rate of growth was recorded in 2014 when exports increased by 98%. The volume of export peaked at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, preserved fish fillet exports surged to $X in 2021. Overall, exports recorded a resilient increase. The most prominent rate of growth was recorded in 2014 when exports increased by 244%. The level of export peaked at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Senegal (X tons) and Guinea (X tons) represented roughly 64% of total exports in 2021. Ghana (X tons) ranks next in terms of the total exports with an 11% share, followed by Mali (8.8%) and Gambia (7%). The following exporters - Nigeria (X tons) and Mauritania (X tons) - each finished at a 7.4% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Guinea (with a CAGR of +74.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest preserved fish fillet supplying countries in Western Africa were Ghana ($X), Senegal ($X) and Guinea ($X), with a combined 73% share of total exports.

Guinea, with a CAGR of +41.9%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2021, dropping by -9.3% against the previous year. Export price indicated strong growth from 2012 to 2021: its price increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the export price increased by 74%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the export prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Ghana ($X per ton), while Mauritania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mali (+20.0%), while the other leaders experienced more modest paces of growth.

Preserved Fish Fillet Imports

Imports in Western Africa

In 2021, the amount of fish fillets (dried, salted or in brine, but not smoked) imported in Western Africa soared to X tons, rising by 57% on 2020. Total imports indicated a moderate expansion from 2012 to 2021: its volume increased at an average annual rate of +3.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +62.9% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, preserved fish fillet imports rose markedly to $X in 2021. In general, imports, however, continue to indicate a noticeable curtailment. The growth pace was the most rapid in 2015 with an increase of 42% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Nigeria (X tons) was the main importer of fish fillets (dried, salted or in brine, but not smoked), committing 77% of total imports. It was distantly followed by Ghana (X tons), constituting a 23% share of total imports.

Nigeria was also the fastest-growing in terms of the fish fillets (dried, salted or in brine, but not smoked) imports, with a CAGR of +7.4% from 2012 to 2021. Ghana (-5.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Nigeria increased by +24 percentage points.

In value terms, Nigeria ($X) constitutes the largest market for imported fish fillets (dried, salted or in brine, but not smoked) in Western Africa, comprising 90% of total imports. The second position in the ranking was taken by Ghana ($X), with an 8.6% share of total imports.

In Nigeria, preserved fish fillet imports plunged by an average annual rate of -1.0% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Western Africa amounted to $X per ton, dropping by -26.7% against the previous year. In general, the import price showed a deep setback. The pace of growth was the most pronounced in 2015 an increase of 24%. Over the period under review, import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Nigeria ($X per ton), while Ghana stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ghana (-5.3%).

Source: IndexBox Platform

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