South Africa - Salmon (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Salmon Price in South Africa - 2023
Contents:
- Preserved Salmon Price in South Africa (CIF) - 2022
- Preserved Salmon Price in South Africa (FOB) - 2022
- Preserved Salmon Imports in South Africa
- Preserved Salmon Exports in South Africa
Preserved Salmon Price in South Africa (CIF) - 2022
The average preserved salmon import price stood at $7,002 per ton in 2022, dropping by -6.5% against the previous year. Over the period under review, the import price, however, saw a notable expansion. The most prominent rate of growth was recorded in 2020 an increase of 114% against the previous year. As a result, import price reached the peak level of $13,791 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($13,726 per ton), while the price for Canada ($4,604 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Salmon Price in South Africa (FOB) - 2022
The average preserved salmon export price stood at $11,153 per ton in 2022, reducing by -25.4% against the previous year. Over the period under review, the export price, however, posted resilient growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 83%. The export price peaked at $14,953 per ton in 2021, and then fell significantly in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Botswana ($15,949 per ton), while the average price for exports to Democratic Republic of the Congo ($3,363 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 Swaziland (+19.0%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Salmon Imports in South Africa
Preserved salmon imports into South Africa dropped sharply to 38 tons in 2022, with a decrease of -40.9% against 2021. Over the period under review, imports saw a precipitous descent. The pace of growth was the most pronounced in 2021 with an increase of 324% against the previous year.
In value terms, preserved salmon imports contracted dramatically to $269K in 2022. In general, imports showed a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 130% against the previous year.
| Import of Preserved Salmon in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 374 | 64.5 | 360 | 266 | -10.7% |
| China | 771 | 0.3 | N/A | N/A | -100.0% |
| Denmark | N/A | N/A | 120 | N/A | 0% |
| Others | 0.7 | 147 | 6.3 | 2.6 | 54.9% |
| Total | 1,146 | 211 | 486 | 269 | -38.3% |
Top Suppliers of Preserved Salmon to South Africa in 2022:
- Denmark (undefined tons)
- Thailand (38.0 tons)
Preserved Salmon Exports in South Africa
After two years of decline, shipments abroad of salmon (prepared or preserved) increased by 49% to 30 tons in 2022. In general, exports, however, recorded a sharp reduction.
In value terms, preserved salmon exports expanded rapidly to $330K in 2022. Over the period under review, exports, however, faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 28% against the previous year.
| Export of Preserved Salmon in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mozambique | 9.3 | 53.0 | 77.9 | 85.6 | 109.6% |
| Zimbabwe | 8.4 | 42.4 | 50.4 | 78.5 | 110.6% |
| Botswana | 62.3 | 62.5 | 63.6 | 58.5 | -2.1% |
| Namibia | 67.4 | 46.6 | 52.5 | 55.3 | -6.4% |
| Zambia | 12.1 | 11.5 | 7.1 | 17.2 | 12.4% |
| Swaziland | 5.0 | 5.3 | 11.5 | 8.5 | 19.3% |
| Democratic Republic of the Congo | N/A | 0.2 | N/A | 7.8 | 524.5% |
| China | 270 | N/A | N/A | N/A | 0% |
| Ethiopia | 67.5 | N/A | N/A | N/A | 0% |
| Others | 45.3 | 10.1 | 34.5 | 18.9 | -25.3% |
| Total | 548 | 232 | 297 | 330 | -15.6% |
Top Export Markets for Preserved Salmon from South Africa in 2022:
- Mozambique (6.1 tons)
- Zimbabwe (5.2 tons)
- Namibia (5.1 tons)
- Zambia (3.9 tons)
- Botswana (3.7 tons)
- Democratic Republic of the Congo (2.3 tons)
- Swaziland (1.5 tons)
This report provides an in-depth analysis of the preserved salmon 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 10202510 - Prepared or preserved salmon, whole or in pieces (excluding minced products and prepared meals and dishes)
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
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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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Imports, on the other hand, experienced a slight decline overall. In terms of value, preserved sardines imports increased significantly to $4M in November 2023. The name 'Preserved Sardines' remains unchanged.
243
The price of Preserved Sardines amounted to $3,800 per ton (CIF, South Africa) in July 2023, showing a decline of -10.9% compared to the previous month.
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In February 2023, the preserved tuna price stood at $4,342 per ton (CIF, South Africa), with an increase of 9.4% against the previous month.
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