Report Update Nov 1, 2024

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

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South Africa: Frozen Tilapias Market 2022

Frozen Tilapias Market Size in South Africa

The South African frozen tilapias market stood at $X in 2020, with an increase of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate significant growth. The most prominent rate of growth was recorded in 2008 when the market value increased by X% y-o-y. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2020, consumption remained at a lower figure.

Frozen Tilapias Exports

Exports from South Africa

In 2020, overseas shipments of frozen tilapias were finally on the rise to reach X tons for the first time since 2015, thus ending a four-year declining trend. Overall, exports showed prominent growth. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, frozen tilapias exports soared to $X in 2020. In general, exports recorded a tangible expansion. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Democratic Republic of the Congo (X tons), China (X tons) and Zambia (X tons) were the main destinations of frozen tilapias exports from South Africa, with a combined X% share of total exports. These countries were followed by Hong Kong SAR, Botswana and Swaziland, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hong Kong SAR (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Democratic Republic of the Congo ($X), Zambia ($X) and China ($X) appeared to be the largest markets for frozen tilapias exported from South Africa worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Zambia (+X% per year) 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 more modest paces of growth.

Export Prices by Country

In 2020, the average frozen tilapias export price amounted to $X per ton, shrinking by -X% against the previous year. Over the period under review, the export price showed a pronounced contraction. The pace of growth was the most pronounced in 2016 an increase of X% year-to-year. As a result, export price reached the peak level of $X per ton. from 2017 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Botswana ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Swaziland, while the prices for the other major destinations experienced mixed trend patterns.

Frozen Tilapias Imports

Imports into South Africa

In 2020, approx. X tons of frozen tilapias were imported into South Africa; rising by X% against 2019 figures. Overall, imports saw significant growth. The pace of growth appeared the most rapid in 2015 when imports increased by X% year-to-year. Imports peaked at X tons in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

In value terms, frozen tilapias imports rose markedly to $X in 2020. In general, imports saw resilient growth. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, China (X tons) was the main frozen tilapias supplier to South Africa, with a approx. X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from China stood at +X%.

In value terms, China ($X) constituted the largest supplier of frozen tilapias to South Africa.

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

Import Prices by Country

The average frozen tilapias import price stood at $X per ton in 2020, shrinking by -X% against the previous year. Over the period under review, the import price showed a abrupt decline. The growth pace was the most rapid in 2016 an increase of X% y-o-y. The import price peaked at $X per ton in 2007; however, from 2008 to 2020, import prices failed to regain the momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen tilapias in the world?

The countries with the highest volumes of frozen tilapias consumption in 2020 were China, the U.S. and Cote d'Ivoire, together accounting for 54% of global consumption. These countries were followed by Mexico, Thailand, Kenya, Saudi Arabia, Ghana, France, South Africa and the UK, which together accounted for a further 27%.

What are the largest producers of frozen tilapias in the world?

The country with the largest volume of frozen tilapias production was China, accounting for 82% of total volume. Moreover, frozen tilapias production in China exceeded the figures recorded by the second-largest producer, Thailand, tenfold. Vietnam ranked third in terms of total production with a 5.9% share.

What are the leading suppliers of frozen tilapias to South Africa?

In value terms, China constituted the largest supplier of frozen tilapias to South Africa.

What are the leading importers of frozen tilapias from South Africa?

In value terms, Democratic Republic of the Congo, Zambia and China constituted the largest markets for frozen tilapias exported from South Africa worldwide, with a combined 86% share of total exports.

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

In 2020, the average frozen tilapias export price amounted to $904 per ton, shrinking by -33.1% against the previous year.

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

In 2020, the average frozen tilapias import price amounted to $1,289 per ton, which is down by -12.4% against the previous year.

This report provides an in-depth analysis of the frozen tilapias 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
Find deeper insights into current market developments
Discover vital success factors affecting the market

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
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

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