SADC: Market for Frozen And Fresh Or Chilled Skipjack Tuna 2024

Market Size for Frozen And Fresh Or Chilled Skipjack Tuna in SADC

The SADC market for frozen and fresh or chilled skipjack tuna shrank slightly to $X in 2022, reducing by X% against the previous year. The total consumption indicated a buoyant increase 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 decreased by X% against 2019 indices. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Frozen And Fresh Or Chilled Skipjack Tuna in SADC

In value terms, production of frozen and fresh or chilled skipjack tuna rose sharply to $X in 2022 estimated in export price. Overall, production enjoyed a strong increase. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production of growth failed to regain momentum.

Exports of Frozen And Fresh Or Chilled Skipjack Tuna

Exports in SADC

Exports of frozen and fresh or chilled skipjack tuna surged to X tons in 2022, with an increase of X% compared with the previous year's figure. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The volume of export peaked in 2022 and is likely to see steady growth in the near future.

In value terms, exports of frozen and fresh or chilled skipjack tuna soared to $X in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Seychelles dominates tuna structure, finishing at X tons, which was near X% of total exports in 2022. It was distantly followed by Mauritius (X tons), constituting a X% share of total exports.

Seychelles was also the fastest-growing in terms of the frozen and fresh or chilled skipjack tuna exports, with a CAGR of X% from 2012 to 2022. At the same time, Mauritius (X%) displayed positive paces of growth. While the share of Seychelles (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Mauritius (X p.p.) displayed negative dynamics.

In value terms, Seychelles ($X) remains the largest frozen and fresh or chilled skipjack tuna supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Mauritius ($X), with a X% share of total exports.

In Seychelles, exports of frozen and fresh or chilled skipjack tuna expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, jumping by X% against the previous year. Overall, the export price, however, continues to indicate a perceptible contraction. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Seychelles ($X per ton), while Mauritius totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mauritius (X%).

Imports of Frozen And Fresh Or Chilled Skipjack Tuna

Imports in SADC

In 2022, approx. X tons of frozen and fresh or chilled skipjack tuna were imported in SADC; rising by X% against 2021. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, imports of hit record highs at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, imports of frozen and fresh or chilled skipjack tuna reached $X in 2022. In general, imports, however, continue to indicate a mild setback. The growth pace was the most rapid in 2017 with an increase of X%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

Mauritius was the largest importing country with an import of around X tons, which finished at X% of total imports. Madagascar (X tons) took the second position in the ranking, followed by Seychelles (X tons). All these countries together held near X% share of total imports.

Imports into Mauritius increased at an average annual rate of X% from 2012 to 2022. At the same time, Madagascar (X%) displayed positive paces of growth. Moreover, Madagascar emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. By contrast, Seychelles (X%) illustrated a downward trend over the same period. While the share of Mauritius (X p.p.) and Madagascar (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Seychelles (X p.p.) displayed negative dynamics.

In value terms, Mauritius ($X) constitutes the largest market for imported frozen and fresh or chilled skipjack tuna in SADC, comprising X% of total imports. The second position in the ranking was held by Madagascar ($X), with an X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Mauritius amounted to X%. In the other countries, the average annual rates were as follows: Madagascar (X% per year) and Seychelles (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, increasing by X% against the previous year. Overall, the import price, however, continues to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2017 when the import price increased by X%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Mauritius ($X per ton), while Seychelles ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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