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Report Africa - Fresh or Chilled Anchovies - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

Africa - Fresh or Chilled Anchovies - Market Analysis, Forecast, Size, Trends and Insights

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Africa: Market for Fresh Or Chilled Anchovies 2024

Market Size for Fresh Or Chilled Anchovies in Africa

The African fresh or chilled anchovies market declined modestly to $X in 2022, which is down by X% against the previous year. Overall, consumption recorded strong growth. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Fresh Or Chilled Anchovies in Africa

In value terms, fresh or chilled anchovies production surged to $X in 2022 estimated in export price. Over the period under review, production saw resilient growth. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Fresh Or Chilled Anchovies

Exports in Africa

In 2022, approx. X tons of fresh or chilled anchovieses were exported in Africa; waning by X% on the previous year's figure. Over the period under review, exports, however, posted significant growth. The pace of growth was the most pronounced in 2016 when exports increased by X%. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, fresh or chilled anchovies exports dropped rapidly to $X in 2022. In general, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2016 when exports increased by X%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Morocco was the main exporter of fresh or chilled anchovieses in Africa, with the volume of exports reaching X tons, which was near X% of total exports in 2022. It was distantly followed by Namibia (X tons), making up a X% share of total exports. South Africa (X tons) followed a long way behind the leaders.

Exports from Morocco increased at an average annual rate of X% from 2012 to 2022. At the same time, Namibia (X%) and South Africa (X%) displayed positive paces of growth. Moreover, Namibia emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. While the share of Morocco (X p.p.) and Namibia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics.

In value terms, Morocco ($X) remains the largest fresh or chilled anchovies supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Namibia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Morocco amounted to X%. In the other countries, the average annual rates were as follows: Namibia (X% per year) and South Africa (X% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the export price showed a perceptible shrinkage. The pace of growth was the most pronounced in 2019 an increase of X%. The level of export peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Namibia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced a decline in the export price figures.

Imports of Fresh Or Chilled Anchovies

Imports in Africa

In 2022, the amount of fresh or chilled anchovieses imported in Africa fell sharply to X tons, with a decrease of X% compared with 2021. In general, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, fresh or chilled anchovies imports dropped notably to $X in 2022. Over the period under review, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Morocco prevails in imports structure, recording X tons, which was near X% of total imports in 2022. Tunisia (X tons) held a relatively small share of total imports.

Imports into Morocco decreased at an average annual rate of X% from 2012 to 2022. Tunisia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Morocco increased by X percentage points.

In value terms, Morocco ($X) constitutes the largest market for imported fresh or chilled anchovieses in Africa, comprising X% of total imports. The second position in the ranking was held by Tunisia ($X), with a X% share of total imports.

In Morocco, fresh or chilled anchovies imports shrank by an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, waning by X% against the previous year. Overall, the import price, however, continues to indicate prominent growth. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. The level of import peaked at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Tunisia ($X per ton), while Morocco stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of fresh or chilled anchovies consumption was Morocco, comprising approx. 67% of total volume. Moreover, fresh or chilled anchovies consumption in Morocco exceeded the figures recorded by the second-largest consumer, Senegal, sixfold. The third position in this ranking was held by Tanzania, with an 8.9% share.
Morocco remains the largest fresh or chilled anchovies producing country in Africa, comprising approx. 56% of total volume. Moreover, fresh or chilled anchovies production in Morocco exceeded the figures recorded by the second-largest producer, Senegal, fourfold. Tanzania ranked third in terms of total production with a 12% share.
In value terms, Morocco remains the largest fresh or chilled anchovies supplier in Africa, comprising 92% of total exports. The second position in the ranking was held by Namibia, with a 3.4% share of total exports.
In value terms, Morocco constitutes the largest market for imported fresh or chilled anchovieses in Africa, comprising 96% of total imports. The second position in the ranking was taken by Tunisia, with a 3.3% share of total imports.
The export price in Africa stood at $2,419 per ton in 2022, with a decrease of -25.2% against the previous year.
The import price in Africa stood at $2,199 per ton in 2022, falling by -8.7% against the previous year.

This report provides an in-depth analysis of the market for fresh or chilled anchovies in 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:

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Production in Africa, split by region and country
    • Trade (exports and imports) in 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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS

    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. CONSUMPTION BY COUNTRY
      3. MARKET FORECAST TO 2030

    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT

    5. 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
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES

    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS

    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
      2. PRODUCTION BY COUNTRY

    8. 8. IMPORTS

      The Largest Importers on The Market and How They Succeed

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY

    9. 9. EXPORTS

      The Largest Exporters on The Market and How They Succeed

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY

    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO

    11. 11. COUNTRY PROFILES

      The Largest Markets And Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
      • Algeria
      • Angola
      • Benin
      • Botswana
      • Burkina Faso
      • Burundi
      • Cabo Verde
      • Cameroon
      • Central African Republic
      • Chad
      • Comoros
      • Congo
      • Democratic Republic of the Congo
      • Djibouti
      • Egypt
      • Equatorial Guinea
      • Eritrea
      • Ethiopia
      • Gabon
      • Gambia
      • Ghana
      • Guinea
      • Guinea-Bissau
      • Kenya
      • Lesotho
      • Liberia
      • Libya
      • Madagascar
      • Malawi
      • Mali
      • Mauritania
      • Mauritius
      • Mayotte
      • Morocco
      • Mozambique
      • Namibia
      • Niger
      • Nigeria
      • Reunion
      • Rwanda
      • Saint Helena, Ascension and Tristan da Cunha
      • Sao Tome and Principe
      • Senegal
      • Seychelles
      • Sierra Leone
      • Somalia
      • South Africa
      • Sudan
      • Swaziland
      • Tanzania
      • Togo
      • Tunisia
      • Uganda
      • Zambia
      • Zimbabwe
      • Cote d'Ivoire
      • Western Sahara
      • South Sudan

    12. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption, By Country, 2018–2023
      5. Production, In Physical Terms, By Country, 2012–2023
      6. Imports, In Physical Terms, By Country, 2012–2023
      7. Imports, In Value Terms, By Country, 2012–2023
      8. Import Prices, By Country Of Destination, 2012–2023
      9. Exports, In Physical Terms, By Country, 2012–2023
      10. Exports, In Value Terms, By Country, 2012–2023
      11. Export Prices, By Country Of Origin, 2012–2023

    13. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Consumption, By Country, 2023
      4. Market Volume Forecast to 2030
      5. Market Value Forecast to 2030
      6. Products: Market Size And Growth, By Type
      7. Products: Average Per Capita Consumption, By Type
      8. Products: Exports And Growth, By Type
      9. Products: Export Prices And Growth, By Type
      10. Production Volume And Growth
      11. Exports And Growth
      12. Export Prices And Growth
      13. Market Size And Growth
      14. Per Capita Consumption
      15. Imports And Growth
      16. Import Prices
      17. Production, In Physical Terms, 2012–2023
      18. Production, In Value Terms, 2012–2023
      19. Production, By Country, 2023
      20. Production, In Physical Terms, By Country, 2012–2023
      21. Imports, In Physical Terms, 2012–2023
      22. Imports, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, By Country, 2023
      24. Imports, In Physical Terms, By Country, 2012–2023
      25. Imports, In Value Terms, By Country, 2012–2023
      26. Import Prices, By Country, 2012–2023
      27. Exports, In Physical Terms, 2012–2023
      28. Exports, In Value Terms, 2012–2023
      29. Exports, In Physical Terms, By Country, 2023
      30. Exports, In Physical Terms, By Country, 2012–2023
      31. Exports, In Value Terms, By Country, 2012–2023
      32. Export Prices, 2012–2023

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