SADC: Market for Fresh Or Chilled Salmonoids Fillets 2025

Market Size for Fresh Or Chilled Salmonoids Fillets in SADC

In 2022, the SADC market for fresh or chilled salmonoids fillets decreased by -0.3% to $X for the first time since 2017, thus ending a four-year rising trend. The market value increased at an average annual rate of +2.4% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The level of consumption peaked at $X in 2021, and then reduced in the following year.

Production of Fresh Or Chilled Salmonoids Fillets in SADC

In value terms, fresh or chilled salmonoids fillets production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.5% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the production volume increased by 14%. Over the period under review, production attained the maximum level at $X in 2020; afterwards, it flattened through to 2022.

Exports of Fresh Or Chilled Salmonoids Fillets

Exports in SADC

In 2022, after six years of growth, there was decline in overseas shipments of fresh or chilled salmonoids fillets, when their volume decreased by -2.1% to X tons. Overall, exports, however, saw significant growth. The growth pace was the most rapid in 2014 with an increase of 132%. The volume of export peaked at X tons in 2021, and then fell in the following year.

In value terms, fresh or chilled salmonoids fillets exports contracted to $X in 2022. The total export value increased at an average annual rate of +2.1% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2013 with an increase of 10%. Over the period under review, the exports attained the maximum at $X in 2021, and then declined modestly in the following year.

Exports by Country

Angola dominates exports structure, amounting to X tons, which was approx. 92% of total exports in 2022. It was distantly followed by Mozambique (X tons), constituting a 6.3% share of total exports.

Angola was also the fastest-growing in terms of the fresh or chilled salmonoids fillets exports, with a CAGR of +32.1% from 2012 to 2022. At the same time, Mozambique (+9.7%) displayed positive paces of growth. Angola (+43 p.p.) significantly strengthened its position in terms of the total exports, while Mozambique saw its share reduced by -15.2% from 2012 to 2022, respectively.

In value terms, Angola ($X) remains the largest fresh or chilled salmonoids fillets supplier in SADC, comprising 98% of total exports. The second position in the ranking was taken by Mozambique ($X), with a 1.6% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Angola amounted to +2.4%.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the export price, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in 2015 when the export price increased by 23%. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Angola ($X per ton), while Mozambique totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mozambique (-2.2%).

Imports of Fresh Or Chilled Salmonoids Fillets

Imports in SADC

In 2022, approx. X tons of fresh or chilled salmonoids fillets were imported in SADC; shrinking by -11.3% against the previous year. Overall, imports recorded a deep reduction. The pace of growth was the most pronounced in 2020 when imports increased by 90% against the previous year. The volume of import peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, fresh or chilled salmonoids fillets imports surged to $X in 2022. In general, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 97%. The level of import peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

Democratic Republic of the Congo (X tons), Namibia (X tons), South Africa (X tons) and Lesotho (X tons) represented roughly 77% of total imports in 2022. It was distantly followed by Mozambique (X tons), making up a 6.4% share of total imports. The following importers - Swaziland (X tons) and Zambia (X tons) - together made up 6.8% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Mozambique (with a CAGR of +33.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest fresh or chilled salmonoids fillets importing markets in SADC were South Africa ($X), Namibia ($X) and Democratic Republic of the Congo ($X), together comprising 60% of total imports.

Democratic Republic of the Congo, with a CAGR of +25.3%, recorded the highest growth rate of the value of imports, among 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

In 2022, the import price in SADC amounted to $X per ton, increasing by 34% against the previous year. Import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+13.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform