Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in South Africa - 2023

Contents:

  1. Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in South Africa (FOB) - 2022
  2. Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in South Africa (CIF) - 2022
  3. Exports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in South Africa
  4. Imports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in South Africa

Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in South Africa (FOB) - 2022

The average export price for aquatic invertebrates; jellyfish, prepared or preserveds stood at $1,024 per ton in 2022, which is down by -25.5% against the previous year. Overall, the export price saw a deep downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by 90%. As a result, the export price attained the peak level of $7,245 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lesotho ($1,333 per ton), while the average price for exports to Zimbabwe amounted to $700 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malawi (+54.8%), while the prices for the other major destinations experienced a decline.

Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in South Africa (CIF) - 2022

The average import price for aquatic invertebrates; jellyfish, prepared or preserveds stood at $2,745 per ton in 2022, falling by -8.5% against the previous year. Overall, the import price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by 42%. The import price peaked at $6,700 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 China.

From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +0.8% per year.

Exports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in South Africa

In 2022, approx. 41 kg of aquatic invertebrates; jellyfish, prepared or preserveds were exported from South Africa; reducing by -73% compared with the previous year's figure. In general, exports continue to indicate a dramatic shrinkage.

In value terms, exports of aquatic invertebrates; jellyfish, prepared or preserveds fell sharply to $42 in 2022. Over the period under review, exports faced a dramatic shrinkage.

Export of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in South Africa (USD)
COUNTRY20212022CAGR,
2021-2022
Lesotho7.028.0300.0%
ZimbabweN/A14.00%
Botswana88.0N/A0%
Namibia108N/A0%
Others6.0N/A0%
Total20942.0-79.9%

Top Export Markets for Aquatic Invertebrates; Jellyfish, Prepared or Preserved from South Africa in 2022:

  1. Lesotho (21.0 kg)
  2. Zimbabwe (20.0 kg)

Imports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in South Africa

In 2022, the amount of aquatic invertebrates; jellyfish, prepared or preserveds imported into South Africa reached 47 kg, increasing by 4.4% against the year before. The total import volume increased at an average annual rate of +4.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 4.9% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of aquatic invertebrates; jellyfish, prepared or preserveds declined modestly to $129 in 2022. The total import value increased at an average annual rate of +10.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 48% against the previous year. As a result, imports attained the peak of $141. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in South Africa (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China94.014113512911.1%
Others1.0N/AN/AN/A0%
Total95.014113512910.7%

Top Suppliers of Aquatic Invertebrates; Jellyfish, Prepared or Preserved to South Africa in 2022:

  1. China (47.0 kg)

Source: IndexBox Market Intelligence Platform

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