SADC: Preserved Salmon Market 2024

Preserved Salmon Market Size in SADC

The SADC preserved salmon market contracted to $X in 2022, approximately equating the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Preserved Salmon Production in SADC

In value terms, preserved salmon production shrank modestly to $X in 2022 estimated in export price. The total production indicated a slight 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, production increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 with an increase of X%. The level of production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Preserved Salmon Exports

Exports in SADC

In 2022, after two years of decline, there was significant growth in overseas shipments of salmon (prepared or preserved), when their volume increased by X% to X tons. In general, exports, however, faced a abrupt curtailment. The pace of growth was the most pronounced in 2014 when exports increased by 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 somewhat lower figure.

In value terms, preserved salmon exports expanded remarkably to $X in 2022. Overall, exports saw a noticeable expansion. The pace of growth was the most pronounced in 2018 when exports increased by X%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

South Africa dominates exports structure, accounting for X tons, which was near X% of total exports in 2022. It was distantly followed by Mauritius (X tons), mixing up a X% share of total exports. Angola (X tons) took a little share of total exports.

Exports from South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Angola (X%) and Mauritius (X%) displayed positive paces of growth. Moreover, Angola emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. While the share of Mauritius (X p.p.) and Angola (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics.

In value terms, South Africa ($X) remains the largest preserved salmon supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Mauritius ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, with a decrease of X% against the previous year. Overall, the export price, however, saw resilient growth. The growth pace was the most rapid in 2013 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2021, and then contracted significantly in the following year.

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

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

Preserved Salmon Imports

Imports in SADC

In 2022, purchases abroad of salmon (prepared or preserved) increased by X% to X tons, rising for the second year in a row after three years of decline. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, preserved salmon imports totaled $X in 2022. Over the period under review, imports, however, continue to indicate a noticeable slump. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Democratic Republic of the Congo (X tons) was the largest importer of salmon (prepared or preserved), committing X% of total imports. Namibia (X tons) ranks second in terms of the total imports with a X% share, followed by South Africa (X%), Zimbabwe (X%) and Mauritius (X%). Mozambique (X tons) followed a long way behind the leaders.

Democratic Republic of the Congo was also the fastest-growing in terms of the salmon (prepared or preserved) imports, with a CAGR of X% from 2012 to 2022. At the same time, Mozambique (X%), Mauritius (X%) and Zimbabwe (X%) displayed positive paces of growth. By contrast, Namibia (X%) and South Africa (X%) illustrated a downward trend over the same period. While the share of Democratic Republic of the Congo (X p.p.), Mauritius (X p.p.), Zimbabwe (X p.p.) and Mozambique (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Namibia (X p.p.) and South Africa (X p.p.) displayed negative dynamics.

In value terms, the largest preserved salmon importing markets in SADC were Namibia ($X), South Africa ($X) and Mauritius ($X), with a combined X% share of total imports. Democratic Republic of the Congo, Mozambique and Zimbabwe lagged somewhat behind, together comprising a further X%.

Mozambique, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the import price showed a noticeable downturn. The pace of growth appeared the most rapid in 2018 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2020; however, from 2021 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 Mozambique ($X per ton), while Democratic Republic of the Congo ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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