South Africa - Fresh or Chilled Anchovies - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSouth Africa: Market for Fresh Or Chilled Anchovies 2024
Market Size for Fresh Or Chilled Anchovies in South Africa
In 2022, the South African fresh or chilled anchovies market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, recorded a perceptible slump. Fresh or chilled anchovies consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.
Production of Fresh Or Chilled Anchovies in South Africa
In value terms, fresh or chilled anchovies production totaled less than $X in 2022 estimated in export price. Over the period under review, production, however, showed a sharp setback. The pace of growth was the most pronounced in 2015 when the production volume decreased by X%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.
Exports of Fresh Or Chilled Anchovies
Exports from South Africa
In 2022, shipments abroad of fresh or chilled anchovieses decreased by X% to X tons, falling for the second year in a row after three years of growth. In general, exports, however, saw mild growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, fresh or chilled anchovies exports rose modestly to $X in 2022. Over the period under review, exports, however, recorded temperate growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
Exports by Country
Namibia (X tons) was the main destination for fresh or chilled anchovies exports from South Africa, with a X% share of total exports. Moreover, fresh or chilled anchovies exports to Namibia exceeded the volume sent to the second major destination, Mozambique (X kg), sevenfold.
From 2012 to 2022, the average annual rate of growth in terms of volume to Namibia totaled X%.
In value terms, Namibia ($X) remains the key foreign market for fresh or chilled anchovieses exports from South Africa, comprising X% of total exports. The second position in the ranking was held by Mozambique ($X), with a X% share of total exports.
From 2012 to 2022, the average annual growth rate of value to Namibia totaled X%.
Export Prices by Country
The average fresh or chilled anchovies export price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the export price recorded a mild increase. The pace of growth was the most pronounced in 2021 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Mozambique ($X per ton), while the average price for exports to Namibia totaled $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fresh Or Chilled Anchovies
Imports into South Africa
Fresh or chilled anchovies imports into South Africa dropped significantly to X kg in 2022, with a decrease of X% compared with 2021 figures. Over the period under review, imports continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.
In value terms, fresh or chilled anchovies imports fell notably to $X in 2022. In general, imports recorded a significant curtailment. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.
Imports by Country
In 2022, Myanmar (X kg) was the main supplier of fresh or chilled anchovies to South Africa, accounting for a X% share of total imports. Moreover, fresh or chilled anchovies imports from Myanmar exceeded the figures recorded by the second-largest supplier, Namibia (X kg), more than tenfold.
From 2012 to 2022, the average annual growth rate of volume from Myanmar was relatively modest.
In value terms, Myanmar ($X) constituted the largest supplier of fresh or chilled anchovieses to South Africa, comprising X% of total imports. The second position in the ranking was taken by Namibia ($X), with a X% share of total imports.
From 2012 to 2022, the average annual rate of growth in terms of value from Myanmar totaled X%.
Import Prices by Country
The average fresh or chilled anchovies import price stood at $X per ton in 2022, remaining stable against the previous year. In general, the import price continues to indicate a pronounced curtailment. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Myanmar ($X per ton), while the price for Namibia stood at $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (X%).
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for fresh or chilled anchovies in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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