Price for Mollusc Preparations; Oysters, Prepared or Preserved in South Africa - 2024

Contents:

  1. Price for Mollusc Preparations; Oysters, Prepared or Preserved in South Africa (CIF) - 2022
  2. Price for Mollusc Preparations; Oysters, Prepared or Preserved in South Africa (FOB) - 2022
  3. Imports of Mollusc Preparations; Oysters, Prepared or Preserved in South Africa
  4. Exports of Mollusc Preparations; Oysters, Prepared or Preserved in South Africa

Price for Mollusc Preparations; Oysters, Prepared or Preserved in South Africa (CIF) - 2022

In 2022, the average import price for mollusc preparations; oysters, prepared or preserveds amounted to $7,673 per ton, growing by 21% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 24% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -0.3% per year.

Price for Mollusc Preparations; Oysters, Prepared or Preserved in South Africa (FOB) - 2022

The average export price for mollusc preparations; oysters, prepared or preserveds stood at $3,340 per ton in 2022, declining by -44.6% against the previous year. Over the period under review, the export price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 an increase of 40%. The export price peaked at $7,698 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Zambia ($8,405 per ton), while the average price for exports to Namibia amounted to $3,190 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zambia (-0.9%), while the prices for the other major destinations experienced a decline.

Imports of Mollusc Preparations; Oysters, Prepared or Preserved in South Africa

In 2022, supplies from abroad of mollusc preparations; oysters, prepared or preserveds was finally on the rise to reach 72 tons after two years of decline. Over the period under review, imports, however, recorded a deep contraction.

In value terms, imports of mollusc preparations; oysters, prepared or preserveds soared to $554K in 2022. In general, imports, however, continue to indicate a noticeable descent.

Import of Mollusc Preparations; Oysters, Prepared or Preserved in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China629455379554-4.1%
NamibiaN/A0.14.9N/A4800.0%
Others0.2N/AN/AN/A0%
Total629455384554-4.1%

Top Suppliers of Mollusc Preparations; Oysters, Prepared or Preserved to South Africa in 2022:

  1. China (72.2 tons)

Exports of Mollusc Preparations; Oysters, Prepared or Preserved in South Africa

In 2022, overseas shipments of mollusc preparations; oysters, prepared or preserveds increased by 198% to 24 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of mollusc preparations; oysters, prepared or preserveds soared to $80K in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +18.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.9% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Mollusc Preparations; Oysters, Prepared or Preserved in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Namibia29.340.340.773.435.8%
Mozambique1.80.41.41.6-3.9%
Zambia8.30.62.40.7-56.1%
Botswana4.12.60.3N/A-72.9%
Others4.84.13.74.5-2.1%
Total48.448.048.580.118.3%

Top Export Markets for Mollusc Preparations; Oysters, Prepared or Preserved from South Africa in 2022:

  1. Namibia (23.0 tons)
  2. Mozambique (0.3 tons)
  3. Zambia (0.1 tons)

Source: IndexBox Market Intelligence Platform

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