Report Update Nov 1, 2024

South Africa - Frozen Atlantic Halibut - Market Analysis, Forecast, Size, Trends and Insights

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South Africa: Frozen Atlantic Halibut Market 2022

Frozen Atlantic Halibut Market Size in South Africa

In 2020, the South African frozen atlantic halibut market was finally on the rise to reach $X after two years of decline. In general, consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X. from 2014 to 2020, the growth of the market remained at a lower figure.

Frozen Atlantic Halibut Exports

Exports from South Africa

In 2020, shipments abroad of frozen atlantic halibut decreased by -X% to X kg, falling for the ninth consecutive year after two years of growth. Over the period under review, exports showed a precipitous setback. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, exports reached the maximum at X tons in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, frozen atlantic halibut exports contracted dramatically to $X in 2020. In general, exports saw a dramatic contraction. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Exports peaked at $X in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

Exports by Country

Botswana (X kg) was the main destination for frozen atlantic halibut exports from South Africa, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Botswana amounted to -X%.

In value terms, Botswana ($X) also remains the key foreign market for frozen atlantic halibut exports from South Africa.

From 2007 to 2020, the average annual rate of growth in terms of value to Botswana amounted to -X%.

Export Prices by Country

In 2020, the average frozen atlantic halibut export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 an increase of X% y-o-y. As a result, export price attained the peak level of $X per ton. from 2010 to 2020, the growth in terms of the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Botswana.

From 2007 to 2020, the rate of growth in terms of prices for Botswana amounted to -X% per year.

Frozen Atlantic Halibut Imports

Imports into South Africa

Frozen atlantic halibut imports into South Africa surged to X kg in 2020, rising by X% on the year before. Over the period under review, imports continue to indicate prominent growth. The growth pace was the most rapid in 2008 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

In value terms, frozen atlantic halibut imports surged to $X in 2020. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Norway (X kg) was the main supplier of frozen atlantic halibut to South Africa, with a X% share of total imports. Moreover, frozen atlantic halibut imports from Norway exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X kg), more than tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume from Norway totaled +X%.

In value terms, Norway ($X) constituted the largest supplier of frozen atlantic halibut to South Africa, comprising X% of total imports. The second position in the ranking was occupied by Taiwan (Chinese) ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from Norway stood at +X%.

Import Prices by Country

The average frozen atlantic halibut import price stood at $X per ton in 2020, surging by X% against the previous year. In general, import price indicated buoyant growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, frozen atlantic halibut import price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% y-o-y. The import price peaked in 2020 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Norway ($X per ton), while the price for Taiwan (Chinese) totaled $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Norway.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen atlantic halibut in the world?

The countries with the highest volumes of frozen atlantic halibut consumption in 2020 were China, Denmark and Japan, together accounting for 74% of global consumption.

What are the largest producers of frozen atlantic halibut in the world?

Denmark remains the largest frozen atlantic halibut producing country worldwide, accounting for 42% of total volume. Moreover, frozen atlantic halibut production in Denmark exceeded the figures recorded by the second-largest producer, Canada, twofold. The third position in this ranking was occupied by Norway, with a 13% share.

What are the leading suppliers of frozen atlantic halibut to South Africa?

In value terms, Norway constituted the largest supplier of frozen atlantic halibut to South Africa, comprising 98% of total imports. The second position in the ranking was occupied by Taiwan Chinese) $41), with a 0.7% share of total imports.

What are the leading importers of frozen atlantic halibut from South Africa?

In value terms, Botswana $340) remains the key foreign market for frozen atlantic halibut exports from South Africa.

What is the average export price for frozen atlantic halibut in South Africa?

The average frozen atlantic halibut export price stood at $1,921 per ton in 2020, leveling off at the previous year.

What is the average import price for frozen atlantic halibut in South Africa?

The average frozen atlantic halibut import price stood at $11,745 per ton in 2020, growing by 5.4% against the previous year.

This report provides an in-depth analysis of the frozen atlantic halibut market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.

Product coverage:

Country coverage:

South Africa

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in South Africa
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023