Price for Mollusc Preparations; Mussels, Prepared or Preserved in South Africa - 2024

Contents:

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

Price for Mollusc Preparations; Mussels, Prepared or Preserved in South Africa (CIF) - 2022

In 2022, the average import price for mollusc preparations; mussels, prepared or preserveds amounted to $6,690 per ton, picking up by 3.8% against the previous year. Overall, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for mollusc preparations; mussels, prepared or preserveds increased by +89.0% against 2014 indices. The growth pace was the most rapid in 2016 an increase of 27% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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 Chile amounted to +4.6% per year.

Price for Mollusc Preparations; Mussels, Prepared or Preserved in South Africa (FOB) - 2022

In 2022, the average export price for mollusc preparations; mussels, prepared or preserveds amounted to $3,046 per ton, increasing by 7.9% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible decline. The growth pace was the most rapid in 2020 an increase of 61%. Over the period under review, the average export prices attained the peak figure at $5,460 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($8,125 per ton), while the average price for exports to Australia ($2,230 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 China (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mollusc Preparations; Mussels, Prepared or Preserved in South Africa

In 2022, imports of mollusc preparations; mussels, prepared or preserveds into South Africa declined to 356 tons, waning by -9.9% compared with the year before. Overall, imports saw a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 34% against the previous year.

In value terms, imports of mollusc preparations; mussels, prepared or preserveds contracted to $2.4M in 2022. Over the period under review, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 51% against the previous year.

Import of Mollusc Preparations; Mussels, Prepared or Preserved in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.71.72.52.4-13.4%
OthersN/AN/AN/AN/A0%
Total3.71.72.52.4-13.4%

Top Suppliers of Mollusc Preparations; Mussels, Prepared or Preserved to South Africa in 2022:

  1. China (355.6 tons)

Exports of Mollusc Preparations; Mussels, Prepared or Preserved in South Africa

In 2022, the amount of mollusc preparations; mussels, prepared or preserveds exported from South Africa reduced sharply to 195 tons, with a decrease of -95.9% on the previous year. Over the period under review, exports, however, continue to indicate a slight increase. The most prominent rate of growth was recorded in 2021 with an increase of 4,686%. As a result, the exports reached the peak of 4.7K tons, and then dropped markedly in the following year.

In value terms, exports of mollusc preparations; mussels, prepared or preserveds dropped rapidly to $593K in 2022. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 4,756% against the previous year. As a result, the exports reached the peak of $13M, and then shrank remarkably in the following year.

Export of Mollusc Preparations; Mussels, Prepared or Preserved in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.10.213.10.571.0%
Namibia0.1N/AN/AN/A0%
DenmarkN/AN/AN/AN/A0%
AustraliaN/AN/AN/AN/A0%
Others0.2N/A0.1N/A-29.3%
Total0.30.313.30.626.0%

Top Export Markets for Mollusc Preparations; Mussels, Prepared or Preserved from South Africa in 2022:

  1. United States (161.6 tons)
  2. Australia (15.8 tons)
  3. Namibia (6.7 tons)
  4. Denmark (5.0 tons)

Source: IndexBox Market Intelligence Platform

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