Report Update Nov 1, 2024

South Africa - Herring, Salted or in Brine - Market Analysis, Forecast, Size, Trends and Insights

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South Africa: Market for Herring, Salted Or In Brine 2024

Market Size for Herring, Salted Or In Brine in South Africa

The South African market for herring, salted or in brine dropped remarkably to $X in 2022, with a decrease of -20.5% against the previous year. Over the period under review, consumption showed a deep contraction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Herring, Salted Or In Brine in South Africa

In value terms, herring, salted or in brine production declined to $X in 2022 estimated in export price. Over the period under review, production saw a slight contraction. The most prominent rate of growth was recorded in 2014 with an increase of 23% against the previous year. Over the period under review, production attained the maximum level at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Exports of Herring, Salted Or In Brine

Exports from South Africa

In 2022, overseas shipments of herring, salted or in brine decreased by -37.2% to X tons for the first time since 2017, thus ending a four-year rising trend. Overall, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 2,762% against the previous year. As a result, the exports attained the peak of X tons, and then fell sharply in the following year.

In value terms, herring, salted or in brine exports contracted remarkably to $X in 2022. In general, exports, however, showed a mild increase. The pace of growth appeared the most rapid in 2021 when exports increased by 2,891% against the previous year. As a result, the exports reached the peak of $X, and then fell dramatically in the following year.

Exports by Country

Botswana (X tons) was the main destination for herring, salted or in brine exports from South Africa, with a 61% share of total exports. Moreover, herring, salted or in brine exports to Botswana exceeded the volume sent to the second major destination, Zimbabwe (X tons), twofold. Namibia (X kg) ranked third in terms of total exports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Botswana totaled +88.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zimbabwe (+15.9% per year) and Namibia (+12.4% per year).

In value terms, Zimbabwe ($X) remains the key foreign market for herring, salted or in brine exports from South Africa, comprising 58% of total exports. The second position in the ranking was held by Botswana ($X), with a 26% share of total exports. It was followed by Namibia, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Zimbabwe stood at +29.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Botswana (+44.6% per year) and Namibia (+10.8% per year).

Export Prices by Country

The average export price for herring, salted or in brine stood at $X per ton in 2022, with a decrease of -17.7% against the previous year. Overall, the export price continues to indicate a drastic downturn. The growth pace was the most rapid in 2021 an increase of 4.5% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malawi ($X per ton), while the average price for exports to Botswana ($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 Zimbabwe (+11.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Herring, Salted Or In Brine

Imports into South Africa

In 2022, herring, salted or in brine imports into South Africa declined markedly to X kg, shrinking by -50% against the previous year. In general, imports, however, recorded significant growth. Over the period under review, imports attained the peak figure at X kg in 2021, and then dropped sharply in the following year.

In value terms, herring, salted or in brine imports fell sharply to $X in 2022. Overall, imports, however, showed a significant increase. Over the period under review, imports hit record highs at $X in 2021, and then dropped rapidly in the following year.

Imports by Country

In 2022, Germany (X kg) was the main supplier of herring, salted or in brine to South Africa, accounting for a approx. 100% share of total imports.

From 2014 to 2022, the average annual growth rate of volume from Germany stood at +31.6%.

In value terms, Germany ($X) constituted the largest supplier of herring, salted or in brine to South Africa.

From 2014 to 2022, the average annual growth rate of value from Germany stood at +38.0%.

Import Prices by Country

The average import price for herring, salted or in brine stood at $X per ton in 2022, remaining constant against the previous year. In general, the import price, however, enjoyed strong growth. Over the period under review, average import prices reached the peak figure at $X per ton in 2021, and then shrank modestly in the following year.

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

From 2014 to 2022, the rate of growth in terms of prices for Germany amounted to +4.8% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for herring, salted or in brine in the world?

China remains the largest herring, salted or in brine consuming country worldwide, accounting for 20% of total volume. Moreover, herring, salted or in brine consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by Japan, with a 4.4% share.

What are the largest producers of herring, salted or in brine in the world?

China remains the largest herring, salted or in brine producing country worldwide, accounting for 20% of total volume. Moreover, herring, salted or in brine production in China exceeded the figures recorded by the second-largest producer, India, twofold. Japan ranked third in terms of total production with a 4.4% share.

What are the leading suppliers of herring, salted or in brine to South Africa?

In value terms, Germany $990) constituted the largest supplier of herring, salted or in brine to South Africa.

What are the leading importers of herring, salted or in brine from South Africa?

In value terms, Botswana $173) remains the key foreign market for herring, salted or in brine exports from South Africa.

What is the average export price for herring, salted or in brine in South Africa?

The average export price for herring, salted or in brine stood at $3,723 per ton in 2021, approximately reflecting the previous year.

What is the average import price for herring, salted or in brine in South Africa?

In 2021, the average import price for herring, salted or in brine amounted to $6,600 per ton, leveling off at the previous year.

This report provides an in-depth analysis of the market for herring, salted or in brine 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 2030.

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