Africa: Market for Frozen, Dried And Smoked Fish 2024

Market Size for Frozen, Dried And Smoked Fish in Africa

The African market for frozen, dried and smoked fish stood at $X in 2022, approximately equating the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Frozen, Dried And Smoked Fish in Africa

In value terms, frozen, dried and smoked fish production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; afterwards, it flattened through to 2022.

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Exports of Frozen, Dried And Smoked Fish

Exports in Africa

After three years of decline, overseas shipments of frozen, dried and smoked fish increased by X% to X tons in 2022. Total exports indicated temperate growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2018 indices. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, frozen, dried and smoked fish exports stood at $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The biggest shipments were from Mauritania (X tons), Morocco (X tons), Namibia (X tons) and Senegal (X tons), together recording X% of total export. It was distantly followed by South Africa (X tons), committing a X% share of total exports. The following exporters - Guinea-Bissau (X tons) and Mauritius (X tons) - each reached a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Guinea-Bissau (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest frozen, dried and smoked fish supplying countries in Africa were Namibia ($X), Morocco ($X) and Mauritania ($X), with a combined X% share of total exports. Senegal, South Africa, Mauritius and Guinea-Bissau lagged somewhat behind, together comprising a further X%.

Guinea-Bissau, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the export price, however, recorded a slight reduction. The pace of growth appeared the most rapid in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 ($X per ton), while Mauritania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mauritania (X%), while the other leaders experienced more modest paces of growth.

Imports of Frozen, Dried And Smoked Fish

Imports in Africa

In 2022, supplies from abroad of frozen, dried and smoked fish was finally on the rise to reach X tons after three years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, frozen, dried and smoked fish imports stood at $X in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Cote d'Ivoire (X tons), distantly followed by Nigeria (X tons), Egypt (X tons), South Africa (X tons), Ghana (X tons), Democratic Republic of the Congo (X tons), Cameroon (X tons) and Burkina Faso (X tons) were the key importers of frozen, dried and smoked fish, together comprising X% of total imports. Mauritius (X tons), Benin (X tons), Zambia (X tons), Mali (X tons) and Seychelles (X tons) took a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to frozen, dried and smoked fish imports into Cote d'Ivoire stood at X%. At the same time, Zambia (X%), Benin (X%), Mali (X%), Burkina Faso (X%), South Africa (X%), Ghana (X%) and Seychelles (X%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. Democratic Republic of the Congo, Egypt and Cameroon experienced a relatively flat trend pattern. By contrast, Mauritius (X%) and Nigeria (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Cote d'Ivoire, Democratic Republic of the Congo, South Africa, Benin, Burkina Faso, Zambia and Mali increased by X, X, X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X), Cote d'Ivoire ($X) and Egypt ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. South Africa, Mauritius, Cameroon, Ghana, Seychelles, Zambia, Democratic Republic of the Congo, Benin, Mali and Burkina Faso lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Mali, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, rising by X% against the previous year. Overall, the import price, however, continues to indicate a pronounced shrinkage. The growth pace was the most rapid in 2020 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Nigeria ($X per ton), while Burkina Faso ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mali (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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