Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in South Africa - 2024

Contents:

  1. Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in South Africa (FOB) - 2022
  2. Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in South Africa (CIF) - 2022
  3. Exports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in South Africa
  4. Imports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in South Africa

Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in South Africa (FOB) - 2022

The average export price for fish; edible offal, other than shark fins, fish heads, tails and mawses stood at $6,000 per ton in 2022, increasing by 24% against the previous year. Over the period under review, the export price, however, saw a deep downturn. The most prominent rate of growth was recorded in 2015 an increase of 56%. The export price peaked at $18,670 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($46,146 per ton), while the average price for exports to Namibia ($1,757 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 Australia (+3.5%), while the prices for the other major destinations experienced a decline.

Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in South Africa (CIF) - 2022

In 2022, the average import price for fish; edible offal, other than shark fins, fish heads, tails and mawses amounted to $31,000 per ton, surging by 2,367% against the previous year. Overall, the import price showed a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Canada.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +22.0% per year.

Exports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in South Africa

In 2022, after two years of decline, there was growth in shipments abroad of fish; edible offal, other than shark fins, fish heads, tails and mawses, when their volume increased by 3% to 128 tons. Over the period under review, exports, however, saw a sharp shrinkage.

In value terms, exports of fish; edible offal, other than shark fins, fish heads, tails and mawses soared to $765K in 2022. Overall, exports, however, faced a abrupt shrinkage.

Export of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR888310383337-27.6%
Australia77.259.847.425348.5%
Namibia304130164176-16.7%
Others6.33.94.70.2-68.3%
Total1,275504599765-15.7%

Top Export Markets for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws from South Africa in 2022:

  1. Namibia (100.2 tons)
  2. Australia (20.1 tons)
  3. Hong Kong SAR (7.3 tons)

Imports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in South Africa

In 2022, approx. 3 kg of fish; edible offal, other than shark fins, fish heads, tails and mawses were imported into South Africa; dropping by 99.9% on 2021. In general, imports continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2021 with an increase of 570% against the previous year. As a result, imports attained the peak of 87 tons, and then declined notably in the following year.

In value terms, imports of fish; edible offal, other than shark fins, fish heads, tails and mawses contracted rapidly to $93 in 2022. Overall, imports showed a dramatic descent. The most prominent rate of growth was recorded in 2021 when imports increased by 329% against the previous year. As a result, imports reached the peak of $109K, and then shrank remarkably in the following year.

Import of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
CanadaN/AN/AN/A0.10%
Malawi0.40.521.8N/A638.2%
Namibia38.024.586.3N/A50.7%
Others7.60.30.8N/A-67.6%
Total46.125.41090.1-87.1%

Top Suppliers of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws to South Africa in 2022:

  1. Canada (3.0 kg)

Source: IndexBox Market Intelligence Platform

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