SADC: Preserved Fish Fillet Market 2025

Preserved Fish Fillet Market Size in SADC

After three years of growth, the SADC preserved fish fillet market decreased by -16.5% to $X in 2021. In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then shrank notably in the following year.

Preserved Fish Fillet Production in SADC

In value terms, preserved fish fillet production shrank dramatically to $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the production volume increased by 66%. As a result, production reached the peak level of $X, and then reduced remarkably in the following year.

Preserved Fish Fillet Exports

Exports in SADC

In 2021, approx. X tons of fish fillets (dried, salted or in brine, but not smoked) were exported in SADC; dropping by -85.1% compared with 2020. In general, exports saw a deep setback. The pace of growth appeared the most rapid in 2020 when exports increased by 105%. Over the period under review, the exports reached the maximum at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, preserved fish fillet exports fell significantly to $X in 2021. Overall, exports recorded a abrupt slump. The pace of growth appeared the most rapid in 2018 when exports increased by 108% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

In 2021, Mozambique (X tons), Madagascar (X tons) and Tanzania (X tons) was the largest exporter of fish fillets (dried, salted or in brine, but not smoked) in SADC, making up 76% of total export. Malawi (X tons) took a 9.3% share (based on physical terms) of total exports, which put it in second place, followed by Zambia (7.2%). Democratic Republic of the Congo (X tons) and South Africa (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Malawi (with a CAGR of +57.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Mozambique ($X), Madagascar ($X) and Democratic Republic of the Congo ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 56% share of total exports. Zambia, Tanzania, South Africa and Malawi lagged somewhat behind, together accounting for a further 37%.

In terms of the main exporting countries, Malawi, with a CAGR of +79.2%, saw the highest rates of growth with regard to 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 2021, the export price in SADC amounted to $X per ton, with a decrease of -44.1% against the previous year. In general, the export price showed a abrupt downturn. The pace of growth appeared the most rapid in 2018 an increase of 213% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was South Africa ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malawi (+14.0%), while the other leaders experienced more modest paces of growth.

Preserved Fish Fillet Imports

Imports in SADC

In 2021, supplies from abroad of fish fillets (dried, salted or in brine, but not smoked) was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2017 with an increase of 176%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, preserved fish fillet imports fell modestly to $X in 2021. Over the period under review, imports, however, showed a deep slump. The pace of growth appeared the most rapid in 2018 with an increase of 23%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Democratic Republic of the Congo represented the main importer of fish fillets (dried, salted or in brine, but not smoked) in SADC, with the volume of imports finishing at X tons, which was near 57% of total imports in 2021. Angola (X tons) took a 19% share (based on physical terms) of total imports, which put it in second place, followed by Malawi (11%) and South Africa (6.1%). Comoros (X tons) and Botswana (X tons) held a relatively small share of total imports.

Imports into Democratic Republic of the Congo increased at an average annual rate of +4.3% from 2012 to 2021. At the same time, Malawi (+55.2%), Comoros (+53.9%) and Botswana (+25.4%) displayed positive paces of growth. Moreover, Malawi emerged as the fastest-growing importer imported in SADC, with a CAGR of +55.2% from 2012-2021. By contrast, Angola (-7.5%) and South Africa (-25.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Democratic Republic of the Congo, Malawi, Comoros and Botswana increased by +34, +11, +3.6 and +1.5 percentage points, respectively.

In value terms, Angola ($X), Democratic Republic of the Congo ($X) and South Africa ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 85% share of total imports. Malawi, Comoros and Botswana lagged somewhat behind, together accounting for a further 10%.

Comoros, with a CAGR of +76.8%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in SADC stood at $X per ton in 2021, declining by -41.7% against the previous year. In general, the import price recorded a abrupt setback. The pace of growth appeared the most rapid in 2016 an increase of 135%. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Angola ($X per ton), while Malawi ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Comoros (+14.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform