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SADC - Fresh or Chilled Salmonoids Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSADC: Market for Fresh Or Chilled Salmonoids Meat 2024
Market Size for Fresh Or Chilled Salmonoids Meat in SADC
The SADC market for fresh or chilled salmonoids meat reduced to $X in 2022, declining by -5.8% against the previous year. Over the period under review, consumption, however, continues to indicate a strong expansion. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.
Production of Fresh Or Chilled Salmonoids Meat in SADC
In value terms, fresh or chilled salmonoids meat production declined to $X in 2022 estimated in export price. In general, production saw buoyant growth. The growth pace was the most rapid in 2015 when the production volume increased by 193% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.
Exports of Fresh Or Chilled Salmonoids Meat
Exports in SADC
In 2022, approx. X tons of fresh or chilled salmonoids meat were exported in SADC; with an increase of 85% compared with the previous year's figure. In general, exports posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 357% against the previous year. The volume of export peaked in 2022 and is likely to see gradual growth in the immediate term.
In value terms, fresh or chilled salmonoids meat exports soared to $X in 2022. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 243%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
Exports by Country
The shipments of the one major exporters of fresh or chilled salmonoids meat, namely South Africa, represented more than two-thirds of total export.
South Africa was also the fastest-growing in terms of the fresh or chilled salmonoids meat exports, with a CAGR of +25.8% from 2012 to 2022. While the share of South Africa (+5.4 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, South Africa ($X) also remains the largest fresh or chilled salmonoids meat supplier in SADC.
In South Africa, fresh or chilled salmonoids meat exports expanded at an average annual rate of +29.5% over the period from 2012-2022.
Export Prices by Country
The export price in SADC stood at $X per ton in 2022, dropping by -2% against the previous year. Overall, the export price, however, continues to indicate a pronounced expansion. The growth pace was the most rapid in 2018 an increase of 79%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for South Africa.
From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to +3.0% per year.
Imports of Fresh Or Chilled Salmonoids Meat
Imports in SADC
In 2022, approx. X tons of fresh or chilled salmonoids meat were imported in SADC; which is down by -21% compared with the previous year. Overall, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 139% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, fresh or chilled salmonoids meat imports shrank notably to $X in 2022. Over the period under review, imports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of 182%. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Imports by Country
In 2022, Namibia (X tons) represented the key importer of fresh or chilled salmonoids meat, creating 50% of total imports. Zambia (X tons) ranks second in terms of the total imports with a 13% share, followed by Lesotho (11%), Mozambique (8.2%), Tanzania (7.8%) and Botswana (6.4%). Swaziland (X kg) followed a long way behind the leaders.
Namibia was also the fastest-growing in terms of the fresh or chilled salmonoids meat imports, with a CAGR of +60.5% from 2012 to 2022. At the same time, Lesotho (+55.7%), Tanzania (+42.4%), Mozambique (+24.1%), Zambia (+21.0%) and Swaziland (+14.1%) displayed positive paces of growth. Botswana experienced a relatively flat trend pattern. Namibia (+45 p.p.), Lesotho (+9.4 p.p.) and Tanzania (+5.6 p.p.) significantly strengthened its position in terms of the total imports, while Swaziland, Zambia and Botswana saw its share reduced by -3.6%, -5.4% and -49.1% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Namibia ($X) constitutes the largest market for imported fresh or chilled salmonoids meat in SADC, comprising 54% of total imports. The second position in the ranking was taken by Tanzania ($X), with a 17% share of total imports. It was followed by Lesotho, with a 7.6% share.
In Namibia, fresh or chilled salmonoids meat imports expanded at an average annual rate of +50.6% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Tanzania (+19.6% per year) and Lesotho (+12.1% per year).
Import Prices by Country
In 2022, the import price in SADC amounted to $X per ton, flattening at the previous year. Overall, the import price continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2018 when the import price increased by 41%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Tanzania ($X per ton), while Zambia ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Swaziland (-3.4%), while the other leaders experienced a decline in the import price figures.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for fresh or chilled salmonoids meat in SADC. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in SADC, split by region and country
- Trade (exports and imports) in SADC
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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