News

Fish prices today, 4/12/2024 in Egypt

Frozen Tilapia
Frozen Mullet
Seafood
Egypt
Market & Price Trends
Published Apr 12, 2024

Tridge summary

In Egypt, the majority of fish production, accounting for 79.7%, is attributed to fish farms, with significant contributions from lakes and shrimp production at the Diba farm. The country has reached 85% self-sufficiency in fish production, with an annual output of 2 million tons, 1.6 million of which comes from aquaculture. Efforts are underway to boost fish exports and enhance lake development for increased fish wealth. Fish prices vary across different regions and markets, with the Obour market being a notable point for wholesale prices. Despite the vast production, the average fish consumption per capita in Egypt is 18 kilograms annually, which is slightly below the global average.
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

According to Mohamed Salehin, a trader in the Dokki area, fish farms account for the lion’s share of fish production in Egypt at 79.7%, followed by lakes at 10.8%, and shrimp production at the Diba farm amounts to 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 The prices of tilapia fish ranged between 95 and 110 pounds - depending on the region - and Egypt has currently succeeded in achieving self-sufficiency in fish production by 85%, 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 stabilized at 125 and 165 pounds, and Egypt seeks to increase export rates, according to Mr. Al-Qasir, Minister of Agriculture, and the axes of fish wealth development depend ...
Source: Almalnews
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