What is the price of fish oil per kilogram/pound in Senegal today?
The retail price range for Senegal fish oil is between US$ 4.31 and US$ 6.23 per kilogram or between US$ 1.96 and US$ 2.83 per pound(lb). Click here to see today's exact prices of fish oil in Senegal
The retail price range in CFA Franc BCEAO for fish oil is between XOF 2,629.76 and XOF 3,798.54 per kilogram or between XOF 1,192.63 and XOF 1,722.69 per pound(lb) in Dakar and Touba.
Wholesale prices
In 2024, the approximate wholesale price range for Senegal fish oil is between US$ 3.02 and US$ 4.36 per kilogram or between US$ 1.37 and US$ 1.98 per pound(lb).
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Senegal Fish Oil Export Prices - Historical, Trends and Prediction
The export price of Fish Oil from Senegal over the last five years has seen a steady decline. In 2017, the price per kilogram was 0.61 US dollars, dropping to 0.52 US dollars in 2016. This trend continued in 2019, with the price per kilogram dropping to 0.66 US dollars, and further to 0.57 US dollars in 2020. However, the price per kilogram has seen a slight increase in 2021, reaching 0.83 US dollars. Based on this trend, it is predicted that the export price of Fish Oil from Senegal in 2023 will be around 0.77 US dollars per kilogram, and in 2024, it is expected to be around 0.71 US dollars per kilogram.Senegal Fish Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Fish Oil into Senegal has seen a steady decline over the past five years. In 2021, the price was 0.83 US $ per kg, which is a decrease of 0.26 US $ per kg from the price in 2020. The lowest price was recorded in 2016, when the price was 0.52 US $ per kg. This is a decrease of 0.48 US $ per kg from the price in 2015. Based on the current trend, it is predicted that the import price per kilogram of Fish Oil into Senegal in 2023 will be 0.77 US $ per kg and in 2024 will be 0.71 US $ per kg.Export values for Senegal fish oil
The total values in export for fish oil in Senegal were US$ 1,326, US$ 1,077, US$ 867 and US$ 3,319 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Senegal: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of fish oil in other countries across Africa: Algeria fish oil, Angola fish oil, Botswana fish oil, Burundi fish oil, Cameroon fish oil, Cape Verde fish oil, Central African Republic fish oil, Comoros fish oil, DRC Congo fish oil & Benin fish oil.
Senegal fish oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Senegal shipped 5,020 tonnes of fish oil. In 2019 alone, the demand for Senegal fish oil (processed category) has escalated, recording a change of 395.558 % compared to the year 2018. Between 2017 and 2019, fish oil's exports grew by 180.6 percent bringing the nation US$3.32m for the year 2019. Senegal's fish oil exports are classified as:
- Fats and oils of fish and their fractions, whether or not refined (excluding liver oils and chemically modified) (HS code 150420)
- Fats and oils and their fractions of marine mammals, whether or not refined (excluding chemically modified) (HS code 150430)
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Senegal fish oil export values
In 2019, Senegal supplied fish oil costing 3.32m USD, an increase of 282.93% from 2018's total fish oil export of 0.867m USD. The annual change in value of Senegal fish oil between 2017 to 2018 was -19.499 pc.
The yearly change in the amount of Senegal's fish oil exports between 2017 and 2019 was 180.6 percent in comparison to a variation of 395.558% in the period between 2018 and 2019.
Senegal's stake of the world's total fish oil's exports in 2019 was less than 1%. Senegal holds position 70 in world exports of fish oil.
Export markets for Senegal fish oil ( in '000$ )
Import/Export Trends
Senegal is a net exporter of fish oil. The annual growth of Senegal fish oil in value between 2015 to 2019 was -43%, per year, while annual growth in quantity through the same period was -39%, per annum.
Senegal purchased 179 tonnes of fish oil in 2019.