South Africa: Tilapias Market 2022

Tilapias Market Size in South Africa

In 2021, the South African tilapias market decreased by -X% to $X, falling for the second year in a row after eight years of growth. Over the period under review, consumption, however, showed resilient growth. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Tilapias Production in South Africa

In value terms, tilapias production fell to $X in 2021 estimated in export price. In general, the total production indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.

Tilapias Exports

Exports from South Africa

For the fifth year in a row, South Africa recorded growth in shipments abroad of tilapias, which increased by X% to X tons in 2021. Overall, exports enjoyed a modest increase. The growth pace was the most rapid in 2019 with an increase of X%. The exports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, tilapias exports reduced slightly to $X in 2021. In general, exports, however, recorded a pronounced reduction. The growth pace was the most rapid in 2018 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Malawi (X tons) was the main destination for tilapias exports from South Africa, accounting for a X% share of total exports. Moreover, tilapias exports to Malawi exceeded the volume sent to the second major destination, Zambia (X tons), sevenfold. China (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Malawi amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (+X% per year) and China (-X% per year).

In value terms, Malawi ($X) remains the key foreign market for tilapias exports from South Africa, comprising X% of total exports. The second position in the ranking was held by Zambia ($X), with an X% share of total exports. It was followed by Democratic Republic of the Congo, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Malawi totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (+X% per year) and Democratic Republic of the Congo (-X% per year).

Export Prices by Country

In 2021, the average tilapias export price amounted to $X per ton, waning by -X% against the previous year. Overall, the export price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Democratic Republic of the Congo ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+X%), while the prices for the other major destinations experienced a decline.

Tilapias Imports

Imports into South Africa

In 2021, overseas purchases of tilapias decreased by -X% to X tons, falling for the second consecutive year after eight years of growth. In general, imports, however, showed strong growth. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, tilapias imports contracted rapidly to $X in 2021. Over the period under review, imports, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2018 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest tilapias supplier to South Africa, with a X% share of total imports. Moreover, tilapias imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), more than tenfold. The third position in this ranking was held by Zimbabwe (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+X% per year) and Zimbabwe (+X% per year).

In value terms, China ($X) constituted the largest supplier of tilapias to South Africa, comprising X% of total imports. The second position in the ranking was taken by Zimbabwe ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Zimbabwe (+X% per year) and Vietnam (+X% per year).

Import Prices by Country

The average tilapias import price stood at $X per ton in 2021, surging by X% against the previous year. Over the period under review, the import price showed a pronounced increase. The growth pace was the most rapid in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Zimbabwe ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced a decline.

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