Price for Smoked Fish, Incl. Fillets in South Africa - 2023
Contents:
- Price for Smoked Fish, Incl. Fillets in South Africa (FOB) - 2022
- Price for Smoked Fish, Incl. Fillets in South Africa (CIF) - 2023
- Exports of Smoked Fish, Incl. Fillets in South Africa
- Imports of Smoked Fish, Incl. Fillets in South Africa
Price for Smoked Fish, Incl. Fillets in South Africa (FOB) - 2022
The average smoked fish, incl. fillets export price stood at $5,038 per ton in 2022, which is down by -5.6% against the previous year. Overall, the export price saw a slight descent. The pace of growth was the most pronounced in 2021 when the average export price increased by 12% against the previous year. The export price peaked at $5,958 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Australia.
From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to -2.0% per year.
Price for Smoked Fish, Incl. Fillets in South Africa (CIF) - 2023
The average smoked fish, incl. fillets import price stood at $2,684 per ton in June 2023, growing by 5.2% against the previous month. In general, the import price, however, saw a mild setback. Over the period under review, average import prices reached the maximum at $24,355 per ton in November 2022; however, from December 2022 to June 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Namibia.
From June 2022 to June 2023, the rate of growth in terms of prices for Namibia amounted to -0.9% per month.
Exports of Smoked Fish, Incl. Fillets in South Africa
In 2022, after three years of growth, there was significant decline in overseas shipments of smoked fish, incl. fillets, when their volume decreased by -16.8% to 548 tons. Overall, exports continue to indicate a pronounced decline. The most prominent rate of growth was recorded in 2020 when exports increased by 9.7% against the previous year.
In value terms, smoked fish, incl. fillets exports declined rapidly to $2.8M in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 14% against the previous year.
| Export of Smoked Fish, Incl. Fillets in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 2.6 | 3.0 | 3.4 | 2.6 | 0.0% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 2.7 | 3.1 | 3.5 | 2.8 | 1.2% |
Top Export Markets for Smoked Fish, Incl. Fillets from South Africa in 2022:
- Australia (535.0 tons)
Imports of Smoked Fish, Incl. Fillets in South Africa
In 2022, overseas purchases of smoked fish, incl. fillets decreased by -40.2% to 188 tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a sharp setback. The most prominent rate of growth was recorded in 2020 with an increase of 12% against the previous year. As a result, imports reached the peak of 470 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, smoked fish, incl. fillets imports dropped sharply to $508K in 2022. In general, imports recorded a drastic downturn. The growth pace was the most rapid in 2020 with an increase of 0.2% against the previous year. As a result, imports reached the peak of $858K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Smoked Fish, Incl. Fillets in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 855 | 858 | 742 | 504 | -16.2% |
| Others | 1.1 | 0.2 | 0.4 | 4.6 | 61.1% |
| Total | 856 | 858 | 743 | 508 | -16.0% |
Top Suppliers of Smoked Fish, Incl. Fillets to South Africa in 2022:
- Namibia (187.5 tons)
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