Africa: Frozen Fish Fillet Market 2020

Frozen Fish Fillet Market Size in Africa

The revenue of the frozen fish fillet market in Africa amounted to $X in 2017, standing approx. at the previous year. The frozen fish fillet consumption continues to indicate an abrupt deduction. The pace of growth was the most pronounced in 2017, when it surged by X% year-to-year. The level of frozen fish fillet consumption peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Frozen Fish Fillet Production in Africa

In 2017, the amount of frozen fish fillets produced in Africa totaled X tons, increasing by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2013, when it surged by X% y-o-y. The volume of frozen fish fillet production peaked in 2017, and is expected to retain its growth in the near future.

Frozen Fish Fillet Exports in Africa

In 2017, exports of frozen fish fillets in Africa amounted to X tons, coming up by X% against the previous year. The total export volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2016, when exports increased by X% y-o-y. Over the period under review, the frozen fish fillet exports reached its peak figure volume in 2017, and are likely to continue its growth in the immediate term.

In value terms, frozen fish fillet exports totaled $X in 2017. The total export value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern remained consistent, with only minor fluctuations being observed over the period under review. In that year, the frozen fish fillet exports attained their peak level, and are likely to continue its growth in the immediate term.

Frozen Fish Fillet Exports by Country in Africa

Namibia was the main exporter of frozen fish fillets in Africa, with the volume of exports amounting to X tons, which was near X% of total exports in 2017. South Africa (X tons) ranks second in terms of the global exports with a X% share, followed by Morocco (X%). The following exporters - Tunisia (X tons) and Mauritius (X tons) together made up X% of total exports.

From 2007 to 2017, average annual rates of growth with regard to frozen fish fillet exports from Namibia stood at +X%. At the same time, Mauritius (+X%), Morocco (+X%) and South Africa (+X%) displayed positive paces of growth. Moreover, Mauritius emerged as the fastest growing exporter in Africa, with a CAGR of +X% from 2007-2017. By contrast, Tunisia (-X%) illustrated a downward trend over the same period. Mauritius (-X%), South Africa (-X%), Morocco (-X%) and Namibia (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Namibia ($X) remains the largest frozen fish fillet supplier in Africa, making up X% of global exports. The second position in the ranking was occupied by South Africa ($X), with a X% share of global exports. It was followed by Morocco, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Namibia stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: South Africa (+X% per year) and Morocco (+X% per year).

Frozen Fish Fillet Export Prices by Country in Africa

In 2017, the frozen fish fillet export price in Africa amounted to $X per ton, rising by X% against the previous year. The frozen fish fillet export price continues to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2017, when the export prices increased by X% y-o-y. Over the period under review, the export prices for frozen fish fillets reached its maximum level of $X per ton in 2007; however, from 2008 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Mauritius ($X per ton), while Namibia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by South Africa (-X% per year), while the other leaders experienced a decline in the export price figures.

Frozen Fish Fillet Imports in Africa

In 2017, the amount of frozen fish fillets imported in Africa totaled X tons, coming up by X% against the previous year. The frozen fish fillet imports continue to indicate a temperate deduction. The pace of growth appeared the most rapid in 2013, when imports increased by X% y-o-y. Over the period under review, the frozen fish fillet imports attained its maximum volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, frozen fish fillet imports totaled $X in 2017. The frozen fish fillet imports continue to indicate an abrupt drop. Over the period under review, the frozen fish fillet imports reached its maximum level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Frozen Fish Fillet Imports by Country in Africa

The imports of the three major importers of frozen fish fillets, namely Egypt, South Africa and Algeria, represented more than two-thirds of total import. The following importers - Morocco (X tons), Tunisia (X tons), Kenya (X tons), Angola (X tons) and Mauritius (X tons) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by South Africa (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Algeria ($X), South Africa ($X) and Egypt ($X) were the countries with the highest levels of imports in 2017, together accounting for X% of total imports. These countries were followed by Morocco, Mauritius, Angola, Tunisia and Kenya, which together accounted for a further X%.

Kenya (+X% per year) recorded the highest growth rate of imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Frozen Fish Fillet Import Prices by Country in Africa

In 2017, the frozen fish fillet import price in Africa amounted to $X per ton, standing approx. at the previous year. The frozen fish fillet import price continues to indicate a temperate drop. The pace of growth was the most pronounced in 2014, when it surged by X% y-o-y. The level of import price peaked of $X per ton in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Mauritius ($X per ton), while Morocco ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Kenya (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform