South Africa - Smoked Pacific, Atlantic And Danube Salmon - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSmoked Salmon Price in South Africa - 2023
Contents:
- Smoked Salmon Price in South Africa (FOB) - 2022
- Smoked Salmon Price in South Africa (CIF) - 2022
- Smoked Salmon Exports in South Africa
- Smoked Salmon Imports in South Africa
Smoked Salmon Price in South Africa (FOB) - 2022
In 2022, the average smoked salmon export price amounted to $14,508 per ton, surging by 38% against the previous year. In general, the export price recorded prominent growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
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 Zambia ($30,163 per ton), while the average price for exports to Botswana ($9,201 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 Namibia (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.
Smoked Salmon Price in South Africa (CIF) - 2022
In 2022, the average smoked salmon import price amounted to $5,993 per ton, increasing by 227% against the previous year. Over the period under review, the import price, however, showed a deep slump. The import price peaked at $11,009 per ton in 2012; however, from 2013 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 the UK ($27,441 per ton), while the price for Nigeria ($352 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malawi (+46.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Smoked Salmon Exports in South Africa
For the third year in a row, South Africa recorded decline in shipments abroad of smoked pacific, atlantic and danube salmon, which decreased by -22.9% to 22 tons in 2022. Overall, exports faced a abrupt setback. The smallest decline of -8% was in 2021.
In value terms, smoked salmon exports expanded markedly to $324K in 2022. The total export value increased at an average annual rate of +1.1% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Smoked Salmon in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 190 | 203 | 249 | 222 | 5.3% |
| Mozambique | 35.6 | 30.6 | 22.0 | 49.4 | 11.5% |
| Zambia | 11.9 | 28.6 | 8.3 | 29.0 | 34.6% |
| Botswana | 24.0 | 16.5 | 22.0 | 17.5 | -10.0% |
| Zimbabwe | 38.2 | 3.6 | N/A | N/A | -90.6% |
| Others | 13.6 | 9.8 | 3.9 | 6.4 | -22.2% |
| Total | 314 | 292 | 305 | 324 | 1.1% |
Top Export Markets for Smoked Salmon from South Africa in 2022:
- Namibia (14.0 tons)
- Mozambique (5.0 tons)
- Botswana (1.9 tons)
- Zambia (1.0 tons)
Smoked Salmon Imports in South Africa
In 2022, imports of smoked pacific, atlantic and danube salmon into South Africa plummeted to 14 tons, with a decrease of -29.2% against 2021. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 80%. As a result, imports reached the peak of 20 tons, and then dropped significantly in the following year.
In value terms, smoked salmon imports soared to $85K in 2022. Overall, imports, however, showed a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Smoked Salmon in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malawi | 4.1 | 1.4 | 2.0 | 53.1 | 134.8% |
| United Kingdom | 40.9 | 10.2 | 26.6 | 27.5 | -12.4% |
| Nigeria | 2.8 | 1.7 | 2.0 | 2.9 | 1.2% |
| Mozambique | N/A | N/A | 0.9 | N/A | 0% |
| China | 2.9 | 2.5 | N/A | N/A | -13.8% |
| Zimbabwe | N/A | 3.6 | 2.6 | N/A | -27.8% |
| Tanzania | N/A | N/A | 2.1 | N/A | 0% |
| Others | 4.8 | 2.2 | 0.8 | 1.8 | -27.9% |
| Total | 55.4 | 21.6 | 36.9 | 85.4 | 15.5% |
Top Suppliers of Smoked Salmon to South Africa in 2022:
- Nigeria (8.2 tons)
- Malawi (5.0 tons)
- United Kingdom (1.0 tons)
This report provides an in-depth analysis of the smoked salmon market 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:
- Prodcom 10202420 -
- Prodcom 10202425 - Smoked Pacific, Atlantic and Danube salmon (including fillets, e xcluding heads, tails and maws)
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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