South Africa: Market for Fresh Or Chilled Anchovies 2025

Market Size for Fresh Or Chilled Anchovies in South Africa

The South African fresh or chilled anchovies market was finally on the rise to reach $X in 2021, after two years of decline. Overall, consumption, however, showed a abrupt setback. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Production of Fresh Or Chilled Anchovies in South Africa

In value terms, fresh or chilled anchovies production totaled less than $X in 2021 estimated in export price. In general, production, however, recorded a precipitous descent. The most prominent rate of growth was recorded in 2015 when the production volume decreased by -33.9% against the previous year. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Exports of Fresh Or Chilled Anchovies

Exports from South Africa

In 2021, after three years of growth, there was significant decline in overseas shipments of fresh or chilled anchovieses, when their volume decreased by -96.4% to X tons. In general, exports, however, posted a notable increase. The pace of growth was the most pronounced in 2020 with an increase of 449% against the previous year. As a result, the exports attained the peak of X tons, and then shrank sharply in the following year.

In value terms, fresh or chilled anchovies exports shrank remarkably to $X in 2021. Over the period under review, exports, however, enjoyed noticeable growth. The pace of growth appeared the most rapid in 2018 when exports increased by 417%. Over the period under review, the exports attained the maximum at $X in 2020, and then fell significantly in the following year.

Exports by Country

Namibia (X tons) was the main destination for fresh or chilled anchovies exports from South Africa, with a 76% share of total exports. Moreover, fresh or chilled anchovies exports to Namibia exceeded the volume sent to the second major destination, Mozambique (X kg), fivefold. The third position in this ranking was taken by Lesotho (X kg), with a 4.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Namibia stood at +9.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mozambique (+15.1% per year) and Lesotho (+23.5% per year).

In value terms, Namibia ($X), Mozambique ($X) and Botswana ($X) were the largest markets for fresh or chilled anchovies exported from South Africa worldwide, with a combined 99% share of total exports.

In terms of the main countries of destination, Namibia, with a CAGR of +8.4%, 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 2021, the average fresh or chilled anchovies export price amounted to $X per ton, with an increase of 81% against the previous year. In general, the export price, however, showed a slight descent. Over the period under review, the average export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mozambique ($X per ton), while the average price for exports to Zambia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Botswana (+0.4%), while the prices for the other major destinations experienced a decline.

Imports of Fresh Or Chilled Anchovies

Imports into South Africa

In 2021, after two years of decline, there was decline in overseas purchases of fresh or chilled anchovieses, when their volume decreased by 0% to X tons. Over the period under review, imports faced a sharp descent. The most prominent rate of growth was recorded in 2013 with an increase of 235%. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, fresh or chilled anchovies imports amounted to $X in 2021. In general, imports continue to indicate a precipitous decline. The most prominent rate of growth was recorded in 2013 when imports increased by 211%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Myanmar (X kg) constituted the largest fresh or chilled anchovies supplier to South Africa, accounting for a 66% share of total imports. Moreover, fresh or chilled anchovies imports from Myanmar exceeded the figures recorded by the second-largest supplier, China (X kg), twofold.

From 2012 to 2021, the average annual growth rate of volume from Myanmar totaled +3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (0.0% per year) and Namibia (-54.6% per year).

In value terms, Myanmar ($X) constituted the largest supplier of fresh or chilled anchovieses to South Africa, comprising 70% of total imports. The second position in the ranking was taken by China ($X), with a 15% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Myanmar amounted to -3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (0.0% per year) and Namibia (-56.8% per year).

Import Prices by Country

The average fresh or chilled anchovies import price stood at $X per ton in 2021, standing approx. at the previous year. In general, the import price recorded a pronounced setback. The growth pace was the most rapid in 2013 a decrease of -7.2% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Myanmar ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Namibia (-5.0%).

Source: IndexBox Platform

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