Fish prices fall by 40% in Mogadishu
Fish prices in Benadir reio have fallen by 40 percent for the first time in three years.
Fishermen say prices are expected to continue falling until the end of summer when prices rise and stabilize once again.
They said the weather plays a major role in prices, as it can reduce fishing by close to half. The price of fish, especially smaller ones, is expected to fall even lower until the end of the next month.
Mustaf Haji Maki, who sells fish at the Fish Market in Mogadishu, said the price of fish has drastically dropped within weeks.
Now that the prices have crashed, they have begun to buy the two popular varieties of fish.”
According to Maki, a fish seller, fish prices are dependent on weather patterns which impact fishing activities, “and this is why prices increase and decrease from one day to the next.”
“Customers are buying more fish now due to availability and low prices,” he said.
“The fish that is being sold is fresh and tastes much better.”