Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in South Africa - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in South Africa (CIF) - 2022
  2. Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in South Africa (FOB) - 2022
  3. Imports of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in South Africa
  4. Exports of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in South Africa

Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in South Africa (CIF) - 2022

In 2022, the average import price for fish fillets; frozen, coalfish (pollachius virens)s amounted to $3,057 per ton, approximately mirroring the previous year. Overall, the import price, however, continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2013 when the average import price increased by 7.3% against the previous year. As a result, import price attained the peak level of $5,284 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

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 Germany amounted to -7.7% per year.

Price for Fish Fillets; Frozen, Coalfish (Pollachius Virens) in South Africa (FOB) - 2022

In 2022, the average export price for fish fillets; frozen, coalfish (pollachius virens)s amounted to $4,000 per ton, rising by 323% against the previous year. Overall, the export price, however, continues to indicate a abrupt decline. The export price peaked at $8,940 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Mozambique ($4,600 per ton), while the average price for exports to Namibia stood at $2,200 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Botswana (+0.6%), while the prices for the other major destinations experienced a decline.

Imports of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in South Africa

For the fourth year in a row, South Africa recorded growth in supplies from abroad of fish fillets; frozen, coalfish (pollachius virens)s, which increased by 100% to 23 tons in 2022. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 1,252% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of fish fillets; frozen, coalfish (pollachius virens)s soared to $70K in 2022. Over the period under review, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 1,191% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

Import of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NamibiaN/AN/AN/A69.90%
Germany1.418.034.9N/A399.3%
OthersN/A0.2N/AN/A0%
Total1.418.234.969.9268.2%

Top Suppliers of Fish Fillets; Frozen, Coalfish (Pollachius Virens) to South Africa in 2022:

  1. Namibia (22.9 tons)

Exports of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in South Africa

In 2022, shipments abroad of fish fillets; frozen, coalfish (pollachius virens)s decreased by -94.8% to 40 kg, falling for the second year in a row after two years of growth. Overall, exports saw a sharp downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 964%. As a result, the exports reached the peak of 1.5 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of fish fillets; frozen, coalfish (pollachius virens)s contracted remarkably to $160 in 2022. Over the period under review, exports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2020 when exports increased by 385% against the previous year. As a result, the exports reached the peak of $1.3K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Fish Fillets; Frozen, Coalfish (Pollachius Virens) in South Africa (USD)
COUNTRY2019202020212022CAGR,
2019-2022
MozambiqueN/AN/AN/A1380%
NamibiaN/AN/AN/A22.00%
Botswana90.0291186N/A43.8%
Lesotho107998538N/A124.2%
Others69.0N/AN/AN/A0%
Total2661,289724160-15.6%

Top Export Markets for Fish Fillets; Frozen, Coalfish (Pollachius Virens) from South Africa in 2022:

  1. Mozambique (30.0 kg)
  2. Namibia (10.0 kg)

Source: IndexBox Market Intelligence Platform

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