Africa: Market for Fresh Or Chilled Salmonoids Fillets 2024

Market Size for Fresh Or Chilled Salmonoids Fillets in Africa

The African market for fresh or chilled salmonoids fillets expanded modestly to $X in 2023, increasing by X% against the previous year. The total consumption indicated a tangible expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Production of Fresh Or Chilled Salmonoids Fillets in Africa

In value terms, fresh or chilled salmonoids fillets production amounted to $X in 2023 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Exports of Fresh Or Chilled Salmonoids Fillets

Exports in Africa

Fresh or chilled salmonoids fillets exports expanded significantly to X tons in 2023, increasing by X% against the year before. Over the period under review, exports, however, continue to indicate a deep setback. The pace of growth appeared the most rapid in 2013 when exports increased by X%. The volume of export peaked at X tons in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.

In value terms, fresh or chilled salmonoids fillets exports expanded markedly to $X in 2023. In general, exports, however, saw a deep reduction. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2023, the exports failed to regain momentum.

Exports by Country

Morocco represented the key exporting country with an export of about X tons, which accounted for X% of total exports. Mozambique (X tons) ranks second in terms of the total exports with an X% share, followed by Mauritania (X%) and Gambia (X%). Sudan (X tons), South Africa (X tons) and Angola (X tons) held a relatively small share of total exports.

From 2012 to 2023, average annual rates of growth with regard to fresh or chilled salmonoids fillets exports from Morocco stood at X%. At the same time, Mozambique (X%), Gambia (X%) and Sudan (X%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2023. By contrast, South Africa (X%), Mauritania (X%) and Angola (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Morocco, Mozambique, Gambia and Sudan increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Morocco ($X) remains the largest fresh or chilled salmonoids fillets supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Mauritania ($X), with an X% share of total exports. It was followed by Mozambique, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Morocco amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Mauritania (X% per year) and Mozambique (X% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2023, surging by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Morocco ($X per ton), while Gambia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Morocco (X%), while the other leaders experienced more modest paces of growth.

Imports of Fresh Or Chilled Salmonoids Fillets

Imports in Africa

In 2023, the amount of fresh or chilled salmonoids fillets imported in Africa reduced remarkably to X tons, which is down by X% on the year before. Overall, imports recorded a abrupt downturn. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, imports reached the peak of X tons. From 2015 to 2023, the growth of imports remained at a lower figure.

In value terms, fresh or chilled salmonoids fillets imports contracted markedly to $X in 2023. Over the period under review, imports showed a abrupt setback. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2023, the growth of imports remained at a lower figure.

Imports by Country

Togo was the largest importing country with an import of about X tons, which amounted to X% of total imports. Malawi (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Morocco (X%). Zimbabwe (X tons), Nigeria (X tons), Kenya (X tons), Tanzania (X tons) and Namibia (X tons) followed a long way behind the leaders.

Togo experienced a relatively flat trend pattern with regard to volume of imports of fresh or chilled salmonoids fillets. At the same time, Malawi (X%), Nigeria (X%), Morocco (X%), Kenya (X%), Zimbabwe (X%), Tanzania (X%) and Namibia (X%) displayed positive paces of growth. Moreover, Malawi emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2023. While the share of Malawi (X p.p.), Togo (X p.p.), Morocco (X p.p.), Zimbabwe (X p.p.), Nigeria (X p.p.) and Kenya (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest fresh or chilled salmonoids fillets importing markets in Africa were Malawi ($X), Togo ($X) and Namibia ($X), with a combined X% share of total imports. Nigeria, Zimbabwe, Morocco, Kenya and Tanzania lagged somewhat behind, together comprising a further X%.

Nigeria, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Africa amounted to $X per ton, increasing by X% against the previous year. Overall, the import price, however, recorded a deep slump. The pace of growth was the most pronounced in 2019 an increase of X%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Namibia ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Namibia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform