South Africa - Tuna (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Tuna Price in South Africa - 2023
Contents:
- Preserved Tuna Price in South Africa (CIF) - 2023
- Preserved Tuna Price in South Africa (FOB) - 2023
- Preserved Tuna Imports in South Africa
- Preserved Tuna Exports in South Africa
Preserved Tuna Price in South Africa (CIF) - 2023
The average preserved tuna import price stood at $4,125 per ton in July 2023, picking up by 11% against the previous month. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 37% month-to-month. As a result, import price attained the peak level of $5,408 per ton. From May 2023 to July 2023, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Thailand ($4,130 per ton), while the price for Indonesia amounted to $3,778 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Indonesia (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Preserved Tuna Price in South Africa (FOB) - 2023
In July 2023, the average preserved tuna export price amounted to $2,283 per ton, waning by -11.2% against the previous month. In general, the export price saw a slight slump. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 73% month-to-month. Over the period under review, the average export prices reached the peak figure at $3,719 per ton in January 2023; however, from February 2023 to July 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Mozambique ($5,199 per ton), while the average price for exports to Namibia ($2,193 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+1.9%), while the prices for the other major destinations experienced a decline.
Preserved Tuna Imports in South Africa
In 2022, preserved tuna imports into South Africa reduced modestly to 10K tons, waning by -3.9% compared with 2021 figures. In general, imports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 26%.
In value terms, preserved tuna imports rose modestly to $37M in 2022. Overall, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year.
| Import of Preserved Tuna in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 43.8 | 24.5 | 32.2 | 32.5 | -9.5% |
| China | 1.3 | 2.8 | 1.8 | 3.6 | 40.4% |
| Portugal | N/A | N/A | 0.4 | 0.6 | 50.0% |
| Others | 1.3 | 1.6 | 1.1 | 0.7 | -18.6% |
| Total | 46.4 | 28.8 | 35.6 | 37.3 | -7.0% |
Top Suppliers of Preserved Tuna to South Africa in 2022:
- Thailand (8.5K tons)
- China (1.1K tons)
- Portugal (0.2K tons)
Preserved Tuna Exports in South Africa
In 2022, shipments abroad of tuna (prepared or preserved) decreased by -17.8% to 729 tons, falling for the second consecutive year after two years of growth. In general, exports showed a abrupt decrease. The growth pace was the most rapid in 2020 with an increase of 12% against the previous year. As a result, the exports attained the peak of 1K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, preserved tuna exports declined to $2M in 2022. Over the period under review, exports saw a abrupt contraction. The smallest decline of -9.2% was in 2021.
| Export of Preserved Tuna in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 896 | 616 | 697 | 749 | -5.8% |
| Botswana | 767 | 779 | 846 | 666 | -4.6% |
| Lesotho | 88.1 | 158 | 75.2 | 183 | 27.6% |
| Zambia | 224 | 82.2 | 179 | 134 | -15.7% |
| Malawi | 76.7 | 68.0 | 68.5 | 71.3 | -2.4% |
| Swaziland | 376 | 590 | 299 | 63.6 | -44.7% |
| Mozambique | 134 | 57.3 | 61.8 | 57.8 | -24.4% |
| Thailand | 188 | N/A | N/A | N/A | 0% |
| Others | 125 | 198 | 87.9 | 60.1 | -21.7% |
| Total | 2,874 | 2,548 | 2,315 | 1,985 | -11.6% |
Top Export Markets for Preserved Tuna from South Africa in 2022:
- Botswana (311.1 tons)
- Namibia (256.2 tons)
- Lesotho (65.6 tons)
- Zambia (37.9 tons)
- Swaziland (17.5 tons)
- Malawi (14.6 tons)
- Mozambique (13.6 tons)
This report provides an in-depth analysis of the preserved tuna 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 10202540 - Prepared or preserved tuna, skipjack and Atlantic bonito, w hole 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
-
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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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.
152
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.
251
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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Explore the top import markets for preserved tuna in 2023, including the United States, Italy, Spain, France, and more. Find out key statistics and insights on the global tuna market.
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430
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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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.
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Explore the top import markets for preserved tuna in 2023, including the United States, Italy, Spain, France, and more. Find out key statistics and insights on the global tuna market.
