South Africa - Frozen Crabs And Crabs Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Frozen Crab and Crab Meat in South Africa - 2023
Contents:
- Price for Frozen Crab and Crab Meat in South Africa (CIF) - 2023
- Price for Frozen Crab and Crab Meat in South Africa (FOB) - 2022
- Imports of Frozen Crab and Crab Meat in South Africa
- Exports of Frozen Crab and Crab Meat in South Africa
Price for Frozen Crab and Crab Meat in South Africa (CIF) - 2023
The average import price for frozen crabs and crabs meat stood at $4,124 per ton in July 2023, with an increase of 37% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2022 an increase of 167% m-o-m. Over the period under review, average import prices reached the maximum at $6,140 per ton in January 2023; however, from February 2023 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Namibia ($4,969 per ton), while the price for Mozambique ($1,711 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Namibia (+1.4%), while the prices for the other major suppliers experienced a decline.
Price for Frozen Crab and Crab Meat in South Africa (FOB) - 2022
In 2022, the average export price for frozen crabs and crabs meat amounted to $2,278 per ton, waning by -14.8% against the previous year. Overall, the export price continues to indicate a deep slump. The pace of growth appeared the most rapid in 2014 an increase of 87%. Over the period under review, the average export prices reached the peak figure at $4,746 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Botswana ($5,669 per ton), while the average price for exports to Zambia ($1,073 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 (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Frozen Crab and Crab Meat in South Africa
In 2022, supplies from abroad of frozen crabs and crabs meat decreased by -6.6% to 428 tons, falling for the second consecutive year after two years of growth. In general, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 43%. As a result, imports attained the peak of 842 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, frozen crab and crab meat imports rose to $1.9M in 2022. Over the period under review, imports recorded a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 28% against the previous year. As a result, imports reached the peak of $3M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Frozen Crab and Crab Meat in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 1,646 | 2,206 | 1,067 | 886 | -18.7% |
| 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 | N/A | N/A | N/A | 16.1 | 0% |
| Madagascar | N/A | 209 | N/A | N/A | 0% |
| Others | 377 | 90.8 | 0.6 | 37.5 | -53.7% |
| Total | 2,337 | 3,003 | 1,795 | 1,862 | -7.3% |
Top Suppliers of Frozen Crab and Crab Meat to South Africa in 2022:
- Namibia (188.1 tons)
- Mozambique (173.9 tons)
- Kenya (41.6 tons)
- Myanmar (14.3 tons)
- China (9.0 tons)
Exports of Frozen Crab and Crab Meat in South Africa
In 2022, shipments abroad of frozen crabs and crabs meat was finally on the rise to reach 28 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports recorded a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, frozen crab and crab meat exports expanded modestly to $64K in 2022. Overall, exports, however, continue to indicate a abrupt descent.
| Export of Frozen Crab and Crab Meat in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 9.2 | 6.4 | 15.6 | 23.0 | 35.7% |
| Zambia | 29.4 | 31.2 | 14.7 | 16.1 | -18.2% |
| Botswana | 15.7 | 18.0 | 19.8 | 8.5 | -18.5% |
| Zimbabwe | 1.7 | 0.4 | 1.3 | 4.9 | 42.3% |
| Mozambique | 2.9 | 2.2 | 2.1 | 3.8 | 9.4% |
| Malawi | 1.6 | 2.2 | 2.4 | 2.2 | 11.2% |
| Lesotho | 0.4 | 0.2 | 1.6 | 0.9 | 31.0% |
| Democratic Republic of the Congo | 14.7 | N/A | 1.2 | N/A | -71.4% |
| Others | 2.6 | 2.0 | 3.9 | 4.7 | 21.8% |
| Total | 78.4 | 62.6 | 62.6 | 64.2 | -6.4% |
Top Export Markets for Frozen Crab and Crab Meat from South Africa in 2022:
- Zambia (15.0 tons)
- Namibia (6.5 tons)
- Botswana (1.5 tons)
- Zimbabwe (1.3 tons)
- Mozambique (0.9 tons)
- Malawi (0.8 tons)
- Lesotho (0.7 tons)
This report provides an in-depth analysis of the market for frozen 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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