Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in South Africa - 2023
Contents:
- Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in South Africa (FOB) - 2022
- Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in South Africa (CIF) - 2022
- Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in South Africa
- Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in South Africa
Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in South Africa (FOB) - 2022
In 2022, the average export price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s amounted to $6,276 per ton, jumping by 53% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s increased by +87.7% against 2019 indices. Over the period under review, the average export prices reached the peak figure at $6,763 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
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 Ethiopia ($13,990 per ton), while the average price for exports to Lesotho ($3,193 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 the Netherlands (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in South Africa (CIF) - 2022
The average import price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s stood at $1,902 per ton in 2022, stabilizing at the previous year. In general, the import price, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2019 when the average import price increased by 48% against the previous year. The import price peaked at $8,159 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,910 per ton), while the price for Namibia stood at $1,258 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (-16.3%).
Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in South Africa
In 2022, after three years of growth, there was significant decline in overseas shipments of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s, when their volume decreased by -48.2% to 18 tons. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 6,489%.
In value terms, exports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s contracted sharply to $116K in 2022. Over the period under review, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 8,164% against the previous year.
| Export of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 110 | 0% |
| Ethiopia | N/A | N/A | N/A | 4.3 | 0% |
| Lesotho | N/A | N/A | 0.4 | 1.3 | 225.0% |
| Namibia | N/A | 2.7 | 1.6 | 0.1 | -80.8% |
| Swaziland | N/A | 3.1 | 7.2 | N/A | 132.3% |
| United States | 0.3 | 48.9 | 57.0 | N/A | 1278.4% |
| France | 0.6 | 54.0 | 68.1 | N/A | 965.4% |
| Others | 0.5 | 9.5 | 11.6 | 0.2 | -26.3% |
| Total | 1.4 | 118 | 146 | 116 | 336.0% |
Top Export Markets for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) from South Africa in 2022:
- Netherlands (17.7 tons)
- Lesotho (0.4 tons)
- Ethiopia (0.3 tons)
- Namibia (0.1 tons)
Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in South Africa
In 2022, imports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s into South Africa reduced sharply to 8.8 tons, with a decrease of -50% on the previous year's figure. Over the period under review, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 160,609%. As a result, imports attained the peak of 18 tons, and then declined markedly in the following year.
In value terms, imports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s shrank markedly to $17K in 2022. Overall, imports, however, saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 167,940%. As a result, imports reached the peak of $34K, and then fell remarkably in the following year.
| Import of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.5 | N/A | 27.1 | 14.8 | 48.7% |
| Namibia | 1.5 | N/A | 2.7 | 1.2 | -7.2% |
| Bulgaria | N/A | N/A | 3.3 | N/A | 0% |
| Others | 0.5 | N/A | 0.6 | 0.7 | 11.9% |
| Total | 6.5 | N/A | 33.6 | 16.8 | 37.2% |
Top Suppliers of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) to South Africa in 2022:
- China (7.8 tons)
- Namibia (1.0 tons)
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