South Africa: Market for Fresh Or Chilled Salmonoids Fillets 2025

Market Size for Fresh Or Chilled Salmonoids Fillets in South Africa

The South African market for fresh or chilled salmonoids fillets dropped to $X in 2022, standing approx. at the previous year. The market value increased at an average annual rate of +1.5% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Fresh Or Chilled Salmonoids Fillets in South Africa

In value terms, fresh or chilled salmonoids fillets production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 25% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

Exports of Fresh Or Chilled Salmonoids Fillets

Exports from South Africa

In 2022, the amount of fresh or chilled salmonoids fillets exported from South Africa reached X tons, picking up by 2.9% compared with the previous year's figure. Overall, exports, however, faced a deep downturn. The most prominent rate of growth was recorded in 2014 when exports increased by 41%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, fresh or chilled salmonoids fillets exports fell rapidly to $X in 2022. In general, exports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of 15%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Lesotho (X tons) was the main destination for fresh or chilled salmonoids fillets exports from South Africa, accounting for a 45% share of total exports. Moreover, fresh or chilled salmonoids fillets exports to Lesotho exceeded the volume sent to the second major destination, Namibia (X tons), threefold. The third position in this ranking was taken by Mozambique (X tons), with a 7.4% share.

From 2012 to 2022, the average annual growth rate of volume to Lesotho totaled -9.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (-19.5% per year) and Mozambique (+1.3% per year).

In value terms, Mozambique ($X), Namibia ($X) and Lesotho ($X) were the largest markets for fresh or chilled salmonoids fillets exported from South Africa worldwide, with a combined 36% share of total exports.

Among the main countries of destination, Mozambique, with a CAGR of +4.9%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average export price for fresh or chilled salmonoids fillets stood at $X per ton in 2022, with a decrease of -20.2% against the previous year. Over the period under review, the export price showed a noticeable setback. The pace of growth appeared the most rapid in 2015 when the average export price increased by 54% against the previous year. The export price peaked 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 destination: amid the top suppliers, the country with the highest price was Mozambique ($X per ton), while the average price for exports to Lesotho ($X 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 Spain (+11.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fresh Or Chilled Salmonoids Fillets

Imports into South Africa

In 2022, purchases abroad of fresh or chilled salmonoids fillets decreased by -11.3% to X tons, falling for the fourth year in a row after two years of growth. Over the period under review, imports faced a dramatic contraction. The most prominent rate of growth was recorded in 2017 with an increase of 14%. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, fresh or chilled salmonoids fillets imports skyrocketed to $X in 2022. Overall, imports saw a abrupt setback. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Norway (X tons) was the main supplier of fresh or chilled salmonoids fillets to South Africa, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Norway was relatively modest.

In value terms, Norway ($X) constituted the largest supplier of fresh or chilled salmonoids fillets to South Africa.

From 2012 to 2022, the average annual growth rate of value from Norway was relatively modest.

Import Prices by Country

The average import price for fresh or chilled salmonoids fillets stood at $X per ton in 2022, picking up by 294% against the previous year. Over the period under review, the import price showed a strong 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 Norway.

From 2012 to 2022, the rate of growth in terms of prices for Mozambique amounted to -1.2% per year.

Source: IndexBox Platform

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