South Africa - Crabs And Crabs Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Crab and Crab Meat in South Africa - 2023
Contents:
- Price for Crab and Crab Meat in South Africa (CIF) - 2023
- Price for Crab and Crab Meat in South Africa (FOB) - 2022
- Imports of Crab and Crab Meat in South Africa
- Exports of Crab and Crab Meat in South Africa
Price for Crab and Crab Meat in South Africa (CIF) - 2023
In September 2023, the average crab and crab meat import price amounted to $3,752 per ton, dropping by -12.7% against the previous month. In general, the import price showed a noticeable setback. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 121% against the previous month. Over the period under review, average import prices hit record highs at $6,140 per ton in January 2023; however, from February 2023 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Kenya ($5,658 per ton), while the price for Mozambique ($802 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Kenya (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Crab and Crab Meat in South Africa (FOB) - 2022
The average crab and crab meat export price stood at $2,313 per ton in 2022, which is down by -12.1% against the previous year. In general, the export price recorded a abrupt descent. The most prominent rate of growth was recorded in 2014 an increase of 44% against the previous year. The export price peaked at $4,288 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Botswana ($5,725 per ton), while the average price for exports to Zambia ($1,072 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 Mauritius (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Crab and Crab Meat in South Africa
In 2022, purchases abroad of crabs and crab meat decreased by -7.9% to 431 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2020 with an increase of 42%. As a result, imports reached the peak of 844 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, crab and crab meat imports expanded slightly to $1.9M in 2022. Over the period under review, imports saw a abrupt setback. The pace of growth was the most pronounced in 2020 with an increase of 27%. As a result, imports reached the peak of $3M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Crab and Crab Meat in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 1,646 | 2,209 | 1,086 | 892 | -18.5% |
| Mozambique | 271 | 423 | 545 | 504 | 23.0% |
| Myanmar | N/A | N/A | N/A | 229 | 0% |
| Kenya | 43.3 | 73.9 | 182 | 188 | 63.1% |
| China | 3.2 | 1.0 | 1.6 | 16.1 | 71.4% |
| Madagascar | N/A | 209 | N/A | N/A | 0% |
| Others | 400 | 90.9 | 0.6 | 37.5 | -54.6% |
| Total | 2,364 | 3,007 | 1,816 | 1,867 | -7.6% |
Top Suppliers of Crab and Crab Meat to South Africa in 2022:
- Namibia (190.7 tons)
- Mozambique (173.9 tons)
- Kenya (41.6 tons)
- Myanmar (14.3 tons)
- China (9.0 tons)
Exports of Crab and Crab Meat in South Africa
In 2022, shipments abroad of crabs and crab meat increased by 15% to 29 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a perceptible shrinkage.
In value terms, crab and crab meat exports amounted to $68K in 2022. Overall, exports, however, faced a abrupt curtailment.
| Export of Crab and Crab Meat in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 20.8 | 9.1 | 17.5 | 25.3 | 6.7% |
| Zambia | 33.4 | 36.6 | 14.9 | 16.1 | -21.6% |
| Botswana | 15.8 | 18.6 | 20.0 | 9.1 | -16.8% |
| Zimbabwe | 1.7 | 0.5 | 1.3 | 4.9 | 42.3% |
| Mozambique | 3.4 | 2.2 | 2.6 | 3.8 | 3.8% |
| Malawi | 1.6 | 2.3 | 2.7 | 2.5 | 16.0% |
| Lesotho | 0.5 | 0.2 | 1.6 | 0.9 | 21.6% |
| Democratic Republic of the Congo | 14.7 | N/A | 1.2 | N/A | -71.4% |
| Others | 3.2 | 2.2 | 5.1 | 5.0 | 16.0% |
| Total | 95.1 | 71.5 | 66.9 | 67.5 | -10.8% |
Top Export Markets for Crab and Crab Meat from South Africa in 2022:
- Zambia (15.0 tons)
- Namibia (7.2 tons)
- Botswana (1.6 tons)
- Zimbabwe (1.3 tons)
- Malawi (0.9 tons)
- Mozambique (0.9 tons)
- Lesotho (0.8 tons)
This report provides an in-depth analysis of the market for crab and crab meat 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:
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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