South Africa - Frozen Freshwater Fish - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Freshwater Fish Price in South Africa - 2023
Contents:
- Frozen Freshwater Fish Price in South Africa (CIF) - 2023
- Frozen Freshwater Fish Price in South Africa (FOB) - 2022
- Frozen Freshwater Fish Imports in South Africa
- Frozen Freshwater Fish Exports in South Africa
Frozen Freshwater Fish Price in South Africa (CIF) - 2023
In July 2023, the average frozen freshwater fish import price amounted to $1,063 per ton, which is down by -13.1% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 36% m-o-m. As a result, import price reached the peak level of $1,765 per ton. From May 2023 to July 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was New Zealand ($1,503 per ton), while the price for China ($729 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Myanmar (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Frozen Freshwater Fish Price in South Africa (FOB) - 2022
The average frozen freshwater fish export price stood at $3,915 per ton in 2022, reducing by -11.1% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2017 an increase of 32% against the previous year. As a result, the export price attained the peak level of $4,775 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($8,350 per ton), while the average price for exports to Japan ($1,080 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Freshwater Fish Imports in South Africa
In 2022, supplies from abroad of frozen freshwater fish decreased by -27.2% to 19K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports recorded a deep setback. The growth pace was the most rapid in 2021 with an increase of 7.6% against the previous year. As a result, imports reached the peak of 26K tons, and then fell dramatically in the following year.
In value terms, frozen freshwater fish imports fell remarkably to $25M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 28% against the previous year. As a result, imports reached the peak of $34M, and then declined sharply in the following year.
| Import of Frozen Freshwater Fish in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 11.1 | 13.4 | 17.5 | 12.6 | 4.3% |
| China | 8.8 | 6.7 | 8.0 | 7.6 | -4.8% |
| Namibia | 1.4 | 2.3 | 3.2 | 1.7 | 6.7% |
| Taiwan (Chinese) | 1.4 | 1.4 | 2.2 | 0.6 | -24.6% |
| Myanmar | 0.2 | 0.3 | 0.5 | 0.5 | 35.7% |
| Japan | 1.4 | 1.4 | 0.9 | 0.5 | -29.1% |
| Others | 1.6 | 1.4 | 2.0 | 1.8 | 4.0% |
| Total | 26.0 | 26.9 | 34.4 | 25.5 | -0.6% |
Top Suppliers of Frozen Freshwater Fish to South Africa in 2022:
- China (8.1K tons)
- New Zealand (7.6K tons)
- Namibia (1.0K tons)
- Myanmar (0.5K tons)
- Japan (0.4K tons)
- Taiwan (Chinese) (0.2K tons)
Frozen Freshwater Fish Exports in South Africa
In 2022, the amount of frozen freshwater fish exported from South Africa soared to 8.8K tons, jumping by 17% against 2021. Over the period under review, exports, however, saw a noticeable contraction.
In value terms, frozen freshwater fish exports totaled $34M in 2022. Overall, exports, however, saw a pronounced reduction. The growth pace was the most rapid in 2021 when exports increased by 15% against the previous year.
| Export of Frozen Freshwater Fish in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 6.1 | 8.5 | 9.2 | 7.9 | 9.0% |
| Italy | 9.6 | 5.4 | 8.8 | 6.3 | -13.1% |
| Portugal | 9.4 | 4.2 | 3.8 | 6.1 | -13.4% |
| South Korea | 2.6 | 2.6 | 1.7 | 2.2 | -5.4% |
| Netherlands | 2.1 | 1.8 | 0.9 | 2.1 | 0.0% |
| China | 1.1 | 0.7 | 0.5 | 2.1 | 24.1% |
| Taiwan (Chinese) | 1.1 | 0.8 | 0.7 | 1.0 | -3.1% |
| Democratic Republic of the Congo | 1.0 | 0.5 | 1.3 | 0.8 | -7.2% |
| Zambia | 1.0 | 0.3 | 0.6 | 0.6 | -15.7% |
| Mozambique | 1.2 | 0.7 | 0.5 | 0.6 | -20.6% |
| Namibia | 0.3 | 0.4 | 0.8 | 0.6 | 26.0% |
| Japan | 0.1 | N/A | N/A | 0.3 | 44.2% |
| Malawi | 0.6 | N/A | N/A | N/A | 0% |
| Others | 3.2 | 2.8 | 4.5 | 3.8 | 5.9% |
| Total | 39.4 | 28.6 | 33.1 | 34.4 | -4.4% |
Top Export Markets for Frozen Freshwater Fish from South Africa in 2022:
- Spain (1527.0 tons)
- China (1075.0 tons)
- South Korea (958.5 tons)
- Portugal (769.8 tons)
- Italy (760.9 tons)
- Taiwan (Chinese) (539.8 tons)
- Zambia (530.8 tons)
- Mozambique (443.5 tons)
- Namibia (409.0 tons)
- Democratic Republic of the Congo (293.4 tons)
- Japan (277.2 tons)
- Netherlands (253.0 tons)
- Malawi (20.2 tons)
This report provides an in-depth analysis of the frozen freshwater fish market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10201360 - Frozen whole fresh water fish
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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