Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in South Africa - 2024
Contents:
- Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in South Africa (CIF) - 2022
- Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in South Africa (FOB) - 2022
- Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in South Africa
- Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in South Africa
Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in South Africa (CIF) - 2022
The average import price for mollusc preparations; cuttle fish and squid, prepared or preserveds stood at $3,413 per ton in 2022, surging by 8.2% against the previous year. In general, the import price showed notable growth. The pace of growth was the most pronounced in 2016 when the average import price increased by 91% against the previous year. The import price peaked at $4,073 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($4,937 per ton), while the price for Spain ($3,150 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in South Africa (FOB) - 2022
In 2022, the average export price for mollusc preparations; cuttle fish and squid, prepared or preserveds amounted to $3,943 per ton, growing by 6.2% against the previous year. Over the period under review, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.9% 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 mollusc preparations; cuttle fish and squid, prepared or preserveds decreased by -21.1% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 36%. As a result, the export price attained the peak level of $4,997 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Botswana ($4,540 per ton), while the average price for exports to Zimbabwe ($3,889 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 Angola (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in South Africa
In 2022, approx. 476 tons of mollusc preparations; cuttle fish and squid, prepared or preserveds were imported into South Africa; reducing by -12.5% on 2021 figures. Over the period under review, imports recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 21% against the previous year.
In value terms, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds declined to $1.6M in 2022. Overall, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year.
| Import of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,333 | 1,056 | 1,286 | 1,318 | -0.4% |
| Malaysia | 384 | 98.3 | 95.3 | 227 | -16.1% |
| Spain | 184 | 216 | 48.0 | 46.4 | -36.8% |
| Peru | N/A | 87.5 | 139 | 22.8 | -49.0% |
| India | 203 | N/A | 105 | N/A | -28.1% |
| Others | 16.0 | N/A | 42.9 | 12.1 | -8.9% |
| Total | 2,120 | 1,458 | 1,716 | 1,626 | -8.5% |
Top Suppliers of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved to South Africa in 2022:
- China (408.7 tons)
- Malaysia (45.9 tons)
- Spain (14.7 tons)
- Peru (5.0 tons)
Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in South Africa
In 2022, overseas shipments of mollusc preparations; cuttle fish and squid, prepared or preserveds decreased by -37.1% to 14 tons, falling for the second consecutive year after two years of growth. In general, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 1,130% against the previous year. As a result, the exports attained the peak of 35 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of mollusc preparations; cuttle fish and squid, prepared or preserveds fell markedly to $54K in 2022. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 960% against the previous year. As a result, the exports attained the peak of $142K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zimbabwe | N/A | 18.3 | 23.5 | 39.4 | 46.7% |
| Namibia | 12.0 | 31.3 | 5.6 | 10.9 | -3.2% |
| Botswana | 0.2 | 2.5 | 1.5 | 3.3 | 154.6% |
| China | N/A | 34.0 | 28.1 | N/A | -17.4% |
| Malaysia | N/A | 53.8 | N/A | N/A | 0% |
| Mauritius | N/A | N/A | 20.0 | N/A | 0% |
| Others | 1.2 | 2.4 | 2.1 | 0.3 | -37.0% |
| Total | 13.4 | 142 | 80.7 | 53.9 | 59.0% |
Top Export Markets for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved from South Africa in 2022:
- Zimbabwe (10.1 tons)
- Namibia (2.8 tons)
- Botswana (0.7 tons)
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