SADC: Market for Dried Or Salted Fish 2024

Market Size for Dried Or Salted Fish in SADC

The SADC dried or salted fish market stood at $X in 2022, surging by X% against the previous year. Over the period under review, consumption, however, saw a pronounced slump. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Dried Or Salted Fish in SADC

In value terms, dried or salted fish production rose modestly to $X in 2022 estimated in export price. Overall, production, however, showed a pronounced reduction. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Exports of Dried Or Salted Fish

Exports in SADC

In 2022, shipments abroad of dried or salted fish increased by X% to X tons, rising for the second year in a row after six years of decline. In general, exports, however, showed a abrupt curtailment. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, dried or salted fish exports rose notably to $X in 2022. Overall, exports, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, Tanzania (X tons) was the major exporter of dried or salted fish, comprising X% of total exports. It was distantly followed by Namibia (X tons), Mozambique (X tons) and Zambia (X tons), together making up a X% share of total exports. Malawi (X tons) held a relatively small share of total exports.

Exports from Tanzania decreased at an average annual rate of X% from 2012 to 2022. At the same time, Zambia (X%), Malawi (X%) and Namibia (X%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. By contrast, Mozambique (X%) illustrated a downward trend over the same period. Namibia (X p.p.), Zambia (X p.p.) and Malawi (X p.p.) significantly strengthened its position in terms of the total exports, while Tanzania and Mozambique saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Tanzania ($X) remains the largest dried or salted fish supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Namibia ($X), with a X% share of total exports. It was followed by Zambia, with a X% share.

In Tanzania, dried or salted fish exports plunged by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Namibia (X% per year) and Zambia (X% per year).

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, waning by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the export price increased by X%. The level of export peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Namibia ($X per ton), while Mozambique ($X per ton) was amongst the lowest.

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

Imports of Dried Or Salted Fish

Imports in SADC

In 2022, purchases abroad of dried or salted fish was finally on the rise to reach X tons after four years of decline. Overall, imports, however, showed a drastic downturn. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, dried or salted fish imports skyrocketed to $X in 2022. Over the period under review, imports, however, recorded a deep downturn. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Democratic Republic of the Congo (X tons) represented the key importer of dried or salted fish, comprising X% of total imports. Angola (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by South Africa (X%). The following importers - Zambia (X tons) and Mauritius (X tons) - each resulted at a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to dried or salted fish imports into Democratic Republic of the Congo stood at X%. At the same time, South Africa (X%) and Mauritius (X%) displayed positive paces of growth. Moreover, South Africa emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. By contrast, Zambia (X%) and Angola (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Democratic Republic of the Congo, South Africa and Mauritius increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Angola ($X), Democratic Republic of the Congo ($X) and South Africa ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Mauritius and Zambia lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Mauritius, 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 a decline in the imports figures.

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, which is down by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the import price increased by X%. Over the period under review, import prices reached the maximum at $X per ton in 2016; however, from 2017 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 Mauritius ($X per ton), while Zambia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Angola (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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