What is the price of shark fins per kilogram/pound in Somalia today?
The retail price range for Somalia shark fins is between US$ 34.12 and US$ 67.28 per kilogram or between US$ 15.47 and US$ 30.51 per pound(lb). Click here to see today's exact prices of shark fins in Somalia
The retail price range in Somali Shilling for shark fins is between SOS 19,496.60 and SOS 38,444.00 per kilogram or between SOS 8,842.00 and SOS 17,434.92 per pound(lb) in Mogadishu and Kismayo.
Wholesale prices
In 2024, the approximate wholesale price range for Somalia shark fins is between US$ 23.88 and US$ 47.09 per kilogram or between US$ 10.83 and US$ 21.36 per pound(lb).
Related: Kenya Shark Fins prices, South Africa Shark Fins prices, Malaysia Shark Fins prices, Philippines Shark Fins prices, India Shark Fins prices, United Arab Emirates (UAE) Shark Fins prices, Canada Shark Fins prices, US Shark Fins prices, Australia Shark Fins prices, New Zealand Shark Fins prices, Germany Shark Fins prices, Netherlands Shark Fins prices, Spain Shark Fins prices, United Kingdom (UK) Shark Fins prices,
Price Finder Tool
Search for prices of Somalia shark fins and other products in different countries.
Somalia Shark Fins Export Prices - Historical, Trends and Prediction
The export price per kilogram of Shark Fins from Somalia over the last five years has been quite volatile. In 2013, the price was 6.75 US dollars per kg, which dropped to 2.00 US dollars per kg in 2014. However, in 2015, the price skyrocketed to 60.00 US dollars per kg, before dropping to 87.85 US dollars per kg in 2016. In 2017, the price decreased to 26.68 US dollars per kg, before increasing to 152.45 US dollars per kg in 2018. The price then dropped to 50.93 US dollars per kg in 2019, before increasing to 88.60 US dollars per kg in 2020. This year, the price has dropped to 0.00 US dollars per kg. It is difficult to predict the prices for 2023 and 2024, but it is likely that the prices will remain volatile.Somalia Shark Fins Import Prices - Historical, Trends and Prediction
The import price per kilogram of Shark Fins into Somalia over the last five years has been quite volatile. In 2016, the price was 87.85 US dollars per kg, followed by a sharp drop to 26.68 US dollars per kg in 2017. In 2018, the price rose to 152.45 US dollars per kg, before dropping again to 50.93 US dollars per kg in 2019. In 2020, the price rose again to 88.6 US dollars per kg, before dropping to 0.00 US dollars per kg in 2021. Based on this data, it is likely that the import price per kilogram of Shark Fins into Somalia will remain relatively stable in the next two years, with an estimated price of around 88.60 US dollars per kg in 2023 and 2024.Export values for Somalia shark fins
The total values in export for shark fins in Somalia were US$ 180, US$ 1,142, US$ 587 and US$ 1,677 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Fish category in Somalia: Live Ornamental Fish, Live Trout, Live Eels, Live Carp, Live Tuna, Live Fish, Trout, Salmon, Halibut Fish & Sole Fish.
See prices of shark fins in other countries across Africa: Algeria shark fins, Angola shark fins, Botswana shark fins, Burundi shark fins, Cameroon shark fins, Cape Verde shark fins, Central African Republic shark fins, Comoros shark fins, DRC Congo shark fins & Benin shark fins.
Somalia shark fins - Production, Exports, Imports, Seasons and HS Codes
In 2019 Somalia sold 30 tonnes of shark fins. For 2019 alone, the demand for Somalia shark fins (fish category) has surged, recording a change of 172.727 pc compared to the year 2018. Between 2017 and 2019, shark fins' exports increased by 36.36 percent earning the exporter US$1.68m for the year 2019. Somalia's shark fins exports are categorised as:
- Frozen shark fins (HS code 030392)
- Fresh or chilled shark fins (HS code 030292)
- Shark fins, smoked, dried, salted or in brine (HS code 030571)
- Prepared or preserved shark fins, whole or in pieces (excl. minced) (HS code 160418)
- Frozen fish fins, heads, tails, maws and other edible fish offal (excl. livers, roes, milt and shark fins) (HS code 030399)
Are you a producer of shark fins or other products?
Sign up today for FREE to buy or sell shark fins.
Somalia shark fins export values
In 2019, Somalia supplied shark fins costing 1.68m USD, a growth of 186.20% from 2018's total shark fins export of 0.587m USD. The yearly growth in value of Somalia shark fins between 2017 to 2018 was -48.599 pc.
The per year change in the amount of Somalia's shark fins exports between 2017 and 2019 was 36.36 percent when compared to a variation of 172.727% in the growth rate between 2018 and 2019.
Export markets for Somalia shark fins ( in '000$ )
Somalia ordered 0 tonnes of shark fins in 2019.