News

Fish prices in Egypt today, March 28, 2024

Seafood
Egypt
Market & Price Trends
Published Mar 28, 2024

Tridge summary

On March 28, 2024, Egypt's fish prices remained stable across various markets, according to traders and market data. The country, which achieves 85% self-sufficiency in fish production, relies heavily on fish farms for 79.7% of its total production, with significant contributions from lakes and shrimp farming at Diba. Egypt, producing 2 million tons of fish annually, aims to boost its fish exports and further develop its fish wealth through initiatives like lake development. The Obour market, a key wholesale market, showcased a variety of fish and seafood prices. The government's efforts are directed towards enhancing fish production and export capabilities to meet both domestic and international demands.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Today, March 28, 2024, fish prices witnessed stability in the local market, according to Mohamed Salehin, a trader in the Dokki area, to Al Mal. Fish farms account for the lion’s share of fish production in Egypt at 79.7%, followed by lakes at 10.8%, and the production of shrimp at the Diba farm is 102 tons. Then came production in marine water at a rate of 4.9%, then fresh water at a rate of 3.8%, and finally in rice fields at a rate of 0.8% of the total production, according to a statement issued by the Central Agency for Public Mobilization and Statistics. Tilapia fish prices Tilapia fish prices stabilized at 95 and 110 pounds, depending on the region, and Egypt has now succeeded in achieving 85% self-sufficiency in fish production, with a kilo of squid reaching 200 pounds, and a kilo of eels hovering around 90 and 280 pounds. Mullet fish prices The prices of mullet fish ranged between 125 and 165 pounds, and Egypt seeks to increase export rates, according to Mr. Al-Qasir, ...
Source: Almalnews
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