SADC: Market for Fresh Or Chilled Salmonoids Fillets 2024

Market Size for Fresh Or Chilled Salmonoids Fillets in SADC

The SADC market for fresh or chilled salmonoids fillets contracted to $X in 2022, approximately mirroring the previous year. Over the period under review, consumption, however, showed a dramatic decline. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Fresh Or Chilled Salmonoids Fillets in SADC

In value terms, fresh or chilled salmonoids fillets production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Fresh Or Chilled Salmonoids Fillets

Exports in SADC

In 2022, shipments abroad of fresh or chilled salmonoids fillets decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, enjoyed a modest expansion. The pace of growth appeared the most rapid in 2020 with an increase of X%. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, fresh or chilled salmonoids fillets exports dropped significantly to $X in 2022. Overall, exports saw a precipitous curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Mozambique represented the main exporting country with an export of about X tons, which accounted for X% of total exports. It was distantly followed by South Africa (X tons), committing an X% share of total exports. Namibia (X tons) followed a long way behind the leaders.

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

In value terms, Mozambique ($X) remains the largest fresh or chilled salmonoids fillets supplier in SADC, comprising X% of total exports. The second position in the ranking was held by South Africa ($X), with a X% share of total exports.

In Mozambique, fresh or chilled salmonoids fillets exports expanded at 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: South Africa (X% per year) and Namibia (X% per year).

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, declining by X% against the previous year. Over the period under review, the export price recorded a significant contraction. The pace of growth appeared the most rapid in 2019 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

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

Imports of Fresh Or Chilled Salmonoids Fillets

Imports in SADC

In 2022, after two years of growth, there was significant decline in overseas purchases of fresh or chilled salmonoids fillets, when their volume decreased by X% to X tons. Over the period under review, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The volume of import peaked at X tons in 2021, and then shrank markedly in the following year.

In value terms, fresh or chilled salmonoids fillets imports shrank remarkably to $X in 2022. In general, imports, however, enjoyed tangible growth. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then dropped remarkably in the following year.

Imports by Country

In 2022, Democratic Republic of the Congo (X tons) represented the key importer of fresh or chilled salmonoids fillets in SADC, committing X% of total import.

Democratic Republic of the Congo was also the fastest-growing in terms of the fresh or chilled salmonoids fillets imports, with a CAGR of X% from 2012 to 2022. Democratic Republic of the Congo (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Democratic Republic of the Congo ($X) constitutes the largest market for imported fresh or chilled salmonoids fillets in SADC.

From 2012 to 2022, the average annual growth rate of value in Democratic Republic of the Congo totaled X%.

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price, however, faced a sharp shrinkage. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Democratic Republic of the Congo.

From 2012 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to X% per year.

Source: IndexBox Platform

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