Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in South Africa - 2024

Contents:

  1. Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in South Africa (FOB) - 2022
  2. Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in South Africa (CIF) - 2022
  3. Exports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in South Africa
  4. Imports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in South Africa

Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in South Africa (FOB) - 2022

In 2022, the average export price for fish fillets; fresh or chilled, tilapias (oreochromis spp.)s amounted to $2,267 per ton, surging by 121% against the previous year. Overall, the export price showed measured growth. Over the period under review, the average export prices reached the peak figure at $4,347 per ton in 2018; however, from 2019 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 Mozambique ($5,274 per ton), while the average price for exports to Zambia stood at $2,221 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malawi (+230.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in South Africa (CIF) - 2022

The average import price for fish fillets; fresh or chilled, tilapias (oreochromis spp.)s stood at $16,667 per ton in 2022, increasing by 320% against the previous year. Overall, the import price enjoyed prominent growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Namibia.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +1.6% per year.

Exports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in South Africa

In 2022, shipments abroad of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s decreased by -82.9% to 38 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 1,440% against the previous year.

In value terms, exports of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s dropped notably to $86K in 2022. In general, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 691% against the previous year.

Export of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Zambia2.29.69.180.3231.7%
Mozambique0.73.74.13.977.3%
MalawiN/A50.438.3N/A-24.0%
BrazilN/AN/A157N/A0%
Others7.720.618.31.5-42.0%
Total10.784.222785.7100.1%

Top Export Markets for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) from South Africa in 2022:

  1. Zambia (36.2 tons)
  2. Mozambique (0.7 tons)

Imports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in South Africa

In 2022, the amount of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s imported into South Africa contracted dramatically to 3 kg, declining by 99.9% on the previous year's figure. Over the period under review, imports saw a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 600%. As a result, imports attained the peak of 25 tons, and then declined significantly in the following year.

In value terms, imports of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s dropped sharply to $50 in 2022. In general, imports continue to indicate a sharp reduction. The pace of growth was the most pronounced in 2021 with an increase of 1,314%. As a result, imports reached the peak of $99K, and then shrank significantly in the following year.

Import of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Namibia2.00.70.20.1-63.2%
China14.6N/A64.0N/A109.4%
Brazil9.96.335.0N/A88.0%
OthersN/AN/AN/AN/A0%
Total26.57.099.30.1-84.4%

Top Suppliers of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) to South Africa in 2022:

  1. Namibia (3.0 kg)

Source: IndexBox Market Intelligence Platform

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