Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in South Africa - 2023
Contents:
- Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in South Africa (CIF) - 2022
- Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in South Africa (FOB) - 2022
- Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in South Africa
- Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in South Africa
Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in South Africa (CIF) - 2022
The average import price for fish fillets; fresh or chilled, other than fish of heading 0304.4s stood at $9,258 per ton in 2022, growing by 61% against the previous year. Overall, the import price enjoyed resilient growth. The pace of growth was the most pronounced in 2014 when the average import price increased by 70% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Norway ($12,903 per ton), while the price for the Netherlands ($1,275 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+9.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in South Africa (FOB) - 2022
In 2022, the average export price for fish fillets; fresh or chilled, other than fish of heading 0304.4s amounted to $4,895 per ton, falling by -7.4% against the previous year. In general, the export price, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 96%. The export price peaked at $5,288 per ton in 2021, and then fell in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($19,089 per ton), while the average price for exports to Botswana ($1,724 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+42.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in South Africa
Imports of fish fillets; fresh or chilled, other than fish of heading 0304.4s into South Africa shrank sharply to 242 tons in 2022, which is down by -31.7% against the previous year. Overall, imports faced a sharp curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 39%.
In value terms, imports of fish fillets; fresh or chilled, other than fish of heading 0304.4s expanded rapidly to $2.2M in 2022. In general, total imports indicated a moderate expansion from 2019 to 2022: its value increased at an average annual rate of +2.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 62% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 571 | 770 | 802 | 1,978 | 51.3% |
| Namibia | 1,372 | 482 | 1,242 | 246 | -43.6% |
| Netherlands | N/A | N/A | N/A | 19.9 | 0% |
| Others | 157 | 6.1 | N/A | N/A | -96.1% |
| Total | 2,100 | 1,259 | 2,044 | 2,244 | 2.2% |
Top Suppliers of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 to South Africa in 2022:
- Norway (153.3 tons)
- Namibia (73.5 tons)
- Netherlands (15.6 tons)
Exports of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in South Africa
In 2022, shipments abroad of fish fillets; fresh or chilled, other than fish of heading 0304.4s decreased by -21.4% to 175 tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 95%. As a result, the exports attained the peak of 460 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of fish fillets; fresh or chilled, other than fish of heading 0304.4s shrank significantly to $856K in 2022. In general, exports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of 284% against the previous year. As a result, the exports attained the peak of $2.2M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | 1,527 | 886 | 309 | -55.0% |
| Germany | N/A | N/A | N/A | 222 | 0% |
| Mozambique | 74.5 | 40.4 | 43.3 | 73.0 | -0.7% |
| Swaziland | 190 | 111 | 97.7 | 65.3 | -30.0% |
| Namibia | 50.4 | 70.2 | 34.2 | 53.0 | 1.7% |
| United Arab Emirates | N/A | N/A | N/A | 43.4 | 0% |
| Democratic Republic of the Congo | 46.8 | 56.1 | 18.5 | 32.4 | -11.5% |
| Botswana | 90.1 | 89.5 | 53.9 | 26.7 | -33.3% |
| Lesotho | 57.7 | 41.6 | 0.3 | 0.5 | -79.5% |
| Others | 54.3 | 228 | 41.6 | 30.5 | -17.5% |
| Total | 564 | 2,164 | 1,176 | 856 | 14.9% |
Top Export Markets for Fish Fillets; Fresh or Chilled, Other than Fish of Heading 0304.4 from South Africa in 2022:
- Spain (86.4 tons)
- Namibia (19.4 tons)
- Botswana (15.5 tons)
- Mozambique (15.3 tons)
- Swaziland (12.3 tons)
- Germany (11.6 tons)
- United Arab Emirates (5.6 tons)
- Democratic Republic of the Congo (5.3 tons)
- Lesotho (0.3 tons)
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