SADC: Market for Flours, Meals And Pellets Of Fish 2024

Market Size for Flours, Meals And Pellets Of Fish in SADC

The SADC fish meals and pellet market rose significantly to $X in 2022, surging by X% against the previous year. The total consumption indicated a temperate expansion from 2012 to 2022: its value 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, consumption increased by X% against 2020 indices. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Production of Flours, Meals And Pellets Of Fish in SADC

In value terms, fish meals and pellet production shrank to $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Exports of Flours, Meals And Pellets Of Fish

Exports in SADC

For the fourth consecutive year, SADC recorded decline in shipments abroad of flours, meals and pellets of fish, which decreased by X% to X tons in 2022. Overall, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, fish meals and pellet exports shrank notably to $X in 2022. Over the period under review, exports showed a sharp setback. The most prominent rate of growth was recorded in 2016 with an increase of 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

In 2022, Angola (X tons), South Africa (X tons), Tanzania (X tons) and Zambia (X tons) was the major exporter of flours, meals and pellets of fish in SADC, constituting X% of total export. The following exporters - Madagascar (X tons) and Malawi (X tons) - each amounted to 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 Zambia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest fish meals and pellet supplying countries in SADC were Angola ($X), South Africa ($X) and Tanzania ($X), with a combined X% share of total exports. Zambia, Madagascar and Malawi lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Zambia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, 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 SADC amounted to $X per ton, increasing by X% against the previous year. Overall, the export price, however, continues to indicate a abrupt slump. The pace of growth appeared the most rapid in 2017 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2018 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 Angola ($X per ton), while Malawi ($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 Flours, Meals And Pellets Of Fish

Imports in SADC

In 2022, purchases abroad of flours, meals and pellets of fish was finally on the rise to reach X tons for the first time since 2015, thus ending a six-year declining trend. Overall, imports, however, saw a significant decline. The growth pace was the most rapid in 2015 with an increase of X%. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, fish meals and pellet imports skyrocketed to $X in 2022. Over the period under review, imports, however, recorded a sharp downturn. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Comoros (X tons) and Mauritius (X tons) represented the largest importers of flours, meals and pellets of fish in SADC, together constituting X% of total imports. Zimbabwe (X tons) took the next position in the ranking, followed by Malawi (X tons) and Zambia (X tons). All these countries together held near X% share of total imports. Namibia (X kg) took a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Mauritius (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Mauritius ($X) constitutes the largest market for imported flours, meals and pellets of fish in SADC, comprising X% of total imports. The second position in the ranking was taken by Namibia ($X), with a X% share of total imports. It was followed by Malawi, with a X% share.

In Mauritius, fish meals and pellet imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Namibia (X% per year) and Malawi (X% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the import price showed a prominent increase. The most prominent rate of growth was recorded in 2016 when the import price increased by X%. Over the period under review, import prices attained the peak figure at $X per ton in 2019; however, from 2020 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 Namibia ($X per ton), while Comoros ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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