Africa: Frozen Tilapias Market 2022

Frozen Tilapias Market Size in Africa

In 2020, the African frozen tilapias market decreased by -X% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption showed a pronounced downturn. The pace of growth appeared the most rapid in 2013 when the market value increased by X% year-to-year. The level of consumption peaked at $X in 2018; however, from 2019 to 2020, consumption stood at a somewhat lower figure.

Frozen Tilapias Production in Africa

In value terms, frozen tilapias production dropped rapidly to $X in 2020 estimated in export prices. In general, production, however, recorded noticeable growth. The pace of growth appeared the most rapid in 2015 when the production volume increased by X% year-to-year. As a result, production attained the peak level of $X. from 2016 to 2020, production growth failed to regain the momentum.

Production By Country in Africa

The country with the largest volume of frozen tilapias production was Mauritania (X tons), accounting for X% of total volume. Moreover, frozen tilapias production in Mauritania exceeded the figures recorded by the second-largest producer, Uganda (X tons), twofold. The third position in this ranking was occupied by Zimbabwe (X tons), with a X% share.

In Mauritania, frozen tilapias production increased at an average annual rate of +X% over the period from 2007-2020. The remaining producing countries recorded the following average annual rates of production growth: Uganda (+X% per year) and Zimbabwe (+X% per year).

Frozen Tilapias Exports

Exports in Africa

In 2020, after two years of decline, there was significant growth in overseas shipments of frozen tilapias, when their volume increased by X% to X tons. Over the period under review, exports posted a resilient increase. The pace of growth was the most pronounced in 2015 when exports increased by X% y-o-y. As a result, exports attained the peak of X tons; afterwards, it flattened through to 2020.

In value terms, frozen tilapias exports surged to $X in 2020. Overall, exports continue to indicate prominent growth. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2020, Namibia (X tons) and Zambia (X tons) were the key exporters of frozen tilapias in Africa, together creating X% of total exports. It was distantly followed by South Africa (X tons), making up a X% share of total exports. Cote d'Ivoire (X tons), Zimbabwe (X tons) and Benin (X tons) took a minor share of total exports.

From 2007 to 2020, the biggest increases were in Zambia (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Namibia ($X) remains the largest frozen tilapias supplier in Africa, comprising X% of total exports. The second position in the ranking was occupied by Zambia ($X), with a X% share of total exports. It was followed by South Africa, with a X% share.

From 2007 to 2020, 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: Zambia (+X% per year) and South Africa (+X% per year).

Export Prices by Country

The frozen tilapias export price in Africa stood at $X per ton in 2020, growing by X% against the previous year. Overall, the export price, however, showed a perceptible shrinkage. The growth pace was the most rapid in 2019 an increase of X% year-to-year. The level of export peaked at $X per ton in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Namibia ($X per ton), while Cote d'Ivoire ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Benin, while the other leaders experienced a decline in the export price figures.

Frozen Tilapias Imports

Imports in Africa

In 2020, overseas purchases of frozen tilapias decreased by -X% to X tons, falling for the second year in a row after two years of growth. In general, imports saw a noticeable reduction. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

In value terms, frozen tilapias imports dropped markedly to $X in 2020. Overall, imports continue to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2013 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

Imports by Country

Cote d'Ivoire represented the main importing country with an import of about X tons, which amounted to X% of total imports. Kenya (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by Ghana (X%), South Africa (X%), Zambia (X%), Democratic Republic of the Congo (X%) and Namibia (X%).

From 2007 to 2020, average annual rates of growth with regard to frozen tilapias imports into Cote d'Ivoire stood at +X%. At the same time, Kenya (+X%), South Africa (+X%) and Namibia (+X%) displayed positive paces of growth. Moreover, Kenya emerged as the fastest-growing importer imported in Africa, with a CAGR of +X% from 2007-2020. Ghana experienced a relatively flat trend pattern. By contrast, Democratic Republic of the Congo (-X%) and Zambia (-X%) illustrated a downward trend over the same period. Cote d'Ivoire (+X p.p.), Kenya (+X p.p.), South Africa (+X p.p.), Namibia (+X p.p.) and Ghana (+X p.p.) significantly strengthened its position in terms of the total imports, while Zambia saw its share reduced by -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Cote d'Ivoire ($X) constitutes the largest market for imported frozen tilapias in Africa, comprising X% of total imports. The second position in the ranking was occupied by Kenya ($X), with a X% share of total imports. It was followed by Ghana, with a X% share.

In Cote d'Ivoire, frozen tilapias imports increased at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Kenya (+X% per year) and Ghana (+X% per year).

Import Prices by Country

In 2020, the frozen tilapias import price in Africa amounted to $X per ton, waning by -X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the import price increased by X% year-to-year. Over the period under review, import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Cote d'Ivoire ($X per ton), while Zambia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Namibia, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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