South Africa - Molluscs (Scallops, Mussels, Cuttle Fish, Squid And Octopus) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMolluscs Price in South Africa - 2023
Contents:
- Molluscs Price in South Africa (FOB) - 2023
- Molluscs Price in South Africa (CIF) - 2022
- Molluscs Exports in South Africa
- Molluscs Imports in South Africa
Molluscs Price in South Africa (FOB) - 2023
The average molluscs export price stood at $4,655 per ton in September 2023, which is down by -36.5% against the previous month. Overall, the export price saw a deep slump. The pace of growth was the most pronounced in January 2023 an increase of 33% m-o-m. As a result, the export price reached the peak level of $11,915 per ton. From February 2023 to September 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Italy ($8,919 per ton), while the average price for exports to Spain ($1,686 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.
Molluscs Price in South Africa (CIF) - 2022
In 2022, the average molluscs import price amounted to $3,044 per ton, growing by 4.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2014 an increase of 18% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($7,962 per ton), while the price for Myanmar ($1,414 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Molluscs Exports in South Africa
In 2022, exports of molluscs (scallops, mussels, cuttle fish, squid and octopus) from South Africa shrank dramatically to 7.2K tons, which is down by -21.7% compared with 2021. Over the period under review, exports saw a abrupt shrinkage. The growth pace was the most rapid in 2021 when exports increased by 20%.
In value terms, molluscs exports fell to $75M in 2022. In general, exports saw a slight decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 34% against the previous year. As a result, the exports reached the peak of $83M, and then dropped in the following year.
| Export of Molluscs in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 29.4 | 19.2 | 32.2 | 28.0 | -1.6% |
| Spain | 27.6 | 23.0 | 19.2 | 23.2 | -5.6% |
| Greece | 7.3 | 4.2 | 6.6 | 6.8 | -2.3% |
| Portugal | 5.5 | 7.1 | 3.2 | 5.1 | -2.5% |
| United Kingdom | 0.5 | 0.5 | 1.6 | 1.3 | 37.5% |
| Namibia | 0.9 | 0.6 | 0.4 | 0.8 | -3.9% |
| Croatia | 1.5 | 1.1 | 1.5 | 0.6 | -26.3% |
| United States | 0.1 | 0.3 | 0.8 | 0.5 | 71.0% |
| Others | 6.1 | 6.2 | 17.7 | 8.9 | 13.4% |
| Total | 78.9 | 62.2 | 83.3 | 75.3 | -1.5% |
Top Export Markets for Molluscs from South Africa in 2022:
- Italy (2774.5 tons)
- Spain (2141.0 tons)
- Greece (575.4 tons)
- Portugal (469.7 tons)
- Namibia (218.1 tons)
- United States (119.3 tons)
- United Kingdom (116.4 tons)
- Croatia (70.3 tons)
Molluscs Imports in South Africa
In 2022, the amount of molluscs (scallops, mussels, cuttle fish, squid and octopus) imported into South Africa dropped slightly to 8.5K tons, falling by -3.6% against 2021 figures. Over the period under review, imports saw a perceptible setback. The pace of growth was the most pronounced in 2021 with an increase of 32% against the previous year.
In value terms, molluscs imports totaled $26M in 2022. The total import value increased at an average annual rate of +1.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 39% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
| Import of Molluscs in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.3 | 8.2 | 8.6 | 8.9 | -10.2% |
| Namibia | 3.2 | 2.3 | 4.0 | 5.0 | 16.0% |
| Falkland Islands (Malvinas) | 3.1 | 0.6 | 4.3 | 3.3 | 2.1% |
| Spain | 2.8 | 2.9 | 4.1 | 3.3 | 5.6% |
| Argentina | 1.3 | 1.3 | 0.9 | 1.4 | 2.5% |
| Myanmar | N/A | N/A | 0.1 | 0.2 | 100.0% |
| United States | 0.8 | 1.9 | 0.5 | 0.2 | -37.0% |
| Others | 1.4 | 1.3 | 3.3 | 3.5 | 35.7% |
| Total | 24.9 | 18.5 | 25.8 | 25.9 | 1.3% |
Top Suppliers of Molluscs to South Africa in 2022:
- United States (undefinedK tons)
- China (4.0K tons)
- Namibia (1.0K tons)
- Falkland Islands (Malvinas) (0.9K tons)
- Spain (0.9K tons)
- Argentina (0.5K tons)
- Myanmar (0.2K tons)
This report provides an in-depth analysis of the molluscs 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 10203200 - Molluscs (scallops, mussels, cuttle fish, squid and octopus), frozen, dried, smoked, salted or in brine
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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The growth rate of Molluscs exports reached its peak in January 2023, with a substantial increase of 267% compared to the previous month. The value of exports also saw a remarkable expansion, reaching $3.4M in November 2023.
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The growth rate of Molluscs exports reached its peak in January 2023, with a substantial increase of 267% compared to the previous month. The value of exports also saw a remarkable expansion, reaching $3.4M in November 2023.
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Explore the top import markets for molluscs and discover key statistics and numbers. Spain, China, and Italy lead the way in mollusc imports. Find out more with IndexBox.
4508
In 2016, the global snail market amounted to X tons, which equated approx. $X in terms of wholesale prices. From 2007 to 2016, the global snail market was gradually growing; however, with some noticeable fluctuations in certain years. A signific
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