Africa: Frozen Catfish Market 2022

Frozen Catfish Market Size in Africa

The African frozen catfish market reduced rapidly to $X in 2020, shrinking by -X% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Over the period under review, the market attained the maximum level at $X in 2019, and then contracted significantly in the following year.

Frozen Catfish Production in Africa

In value terms, frozen catfish production expanded markedly to $X in 2020 estimated in export prices. Overall, production, however, showed a notable expansion. The pace of growth appeared the most rapid in 2019 when the production volume increased by X% year-to-year. Over the period under review, production reached the peak level in 2020 and is expected to retain growth in years to come.

Production By Country in Africa

The countries with the highest volumes of frozen catfish production in 2020 were Namibia (X tons), Guinea-Bissau (X tons) and Mauritania (X tons), with a combined X% share of total production.

From 2007 to 2020, the biggest increases were in Namibia (+X% per year), while frozen catfish production for the other leaders experienced more modest paces of growth.

Frozen Catfish Exports

Exports in Africa

Frozen catfish exports skyrocketed to X tons in 2020, growing by X% against the year before. Over the period under review, exports showed prominent growth. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, frozen catfish exports declined modestly to $X in 2020. Overall, exports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% year-to-year. Over the period under review, exports reached the peak figure at $X in 2019, and then contracted in the following year.

Exports by Country

In 2020, Cote d'Ivoire (X tons) was the major exporter of frozen catfish, committing X% of total exports. Namibia (X tons) held the second position in the ranking, distantly followed by Guinea-Bissau (X tons) and Zambia (X tons). All these countries together held near X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Zambia (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen catfish supplying countries in Africa were Namibia ($X), Cote d'Ivoire ($X) and Zambia ($X), together accounting for X% of total exports.

Among the main exporting countries, Zambia (+X% per year) saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the frozen catfish export price in Africa amounted to $X per ton, with a decrease of -X% against the previous year. Overall, the export price, however, showed a measured expansion. The growth pace was the most rapid in 2019 an increase of X% against the previous year. As a result, export price attained the peak level of $X per ton, and then fell rapidly in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Namibia ($X per ton), while Guinea-Bissau ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire, while the other leaders experienced mixed trends in the export price figures.

Frozen Catfish Imports

Imports in Africa

In 2020, imports of frozen catfish in Africa expanded sharply to X tons, surging by X% on 2019. Overall, imports, however, recorded a mild decline. The pace of growth appeared the most rapid in 2012 when imports increased by X% y-o-y. As a result, imports reached the peak of X tons. from 2013 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, frozen catfish imports shrank to $X in 2020. Over the period under review, imports, however, saw a deep contraction. The growth pace was the most rapid in 2017 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure at $X in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Cote d'Ivoire (X tons) and Cameroon (X tons) were the largest importers of frozen catfish in 2020, finishing at near X% and X% of total imports, respectively. Democratic Republic of the Congo (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by Congo (X%). Zambia (X tons) and Equatorial Guinea (X tons) followed a long way behind the leaders.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Cote d'Ivoire, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen catfish importing markets in Africa were Cote d'Ivoire ($X), Cameroon ($X) and Democratic Republic of the Congo ($X), with a combined X% share of total imports. These countries were followed by Congo, Equatorial Guinea and Zambia, which together accounted for a further X the main importing countries, Equatorial Guinea recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the frozen catfish import price in Africa amounted to $X per ton, shrinking by -X% against the previous year. In general, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in 2013 when the import price increased by X% year-to-year. The level of import peaked at $X per ton in 2007; however, from 2008 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Equatorial Guinea ($X per ton), while Democratic Republic of the Congo ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Zambia, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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