South Africa - Mackerel (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Mackerel Price in South Africa - 2023
Contents:
- Preserved Mackerel Price in South Africa (CIF) - 2022
- Preserved Mackerel Price in South Africa (FOB) - 2022
- Preserved Mackerel Imports in South Africa
- Preserved Mackerel Exports in South Africa
Preserved Mackerel Price in South Africa (CIF) - 2022
In 2022, the average preserved mackerel import price amounted to $2,399 per ton, shrinking by -4.9% against the previous year. In general, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, preserved mackerel import price increased by +5.5% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 58% against the previous year. As a result, import price attained the peak level of $3,402 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($8,990 per ton), while the price for China ($2,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Mackerel Price in South Africa (FOB) - 2022
In 2022, the average preserved mackerel export price amounted to $2,373 per ton, falling by -8% against the previous year. Over the period under review, the export price, however, saw measured growth. The growth pace was the most rapid in 2020 when the average export price increased by 219%. As a result, the export price attained the peak level of $3,798 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lesotho ($6,293 per ton), while the average price for exports to Namibia ($977 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 Lesotho (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Mackerel Imports in South Africa
Preserved mackerel imports into South Africa contracted to 497 tons in 2022, declining by -11.6% compared with the previous year's figure. In general, imports faced a abrupt slump. The smallest decline of -11.4% was in 2021.
In value terms, preserved mackerel imports fell remarkably to $1.2M in 2022. Overall, imports recorded a deep contraction. The smallest decline of -1.6% was in 2021.
| Import of Preserved Mackerel in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 926 | 944 | 700 | 798 | -4.8% |
| China | 984 | 447 | 507 | 251 | -36.6% |
| Poland | 129 | N/A | 195 | 129 | 0.0% |
| Others | 89.2 | 50.6 | 16.5 | 15.7 | -44.0% |
| Total | 2,128 | 1,442 | 1,418 | 1,193 | -17.5% |
Top Suppliers of Preserved Mackerel to South Africa in 2022:
- Thailand (356.2 tons)
- China (125.4 tons)
- Poland (14.3 tons)
Preserved Mackerel Exports in South Africa
In 2022, the amount of mackerel (prepared or preserved) exported from South Africa skyrocketed to 162 tons, picking up by 312% against the year before. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 366% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, preserved mackerel exports skyrocketed to $385K in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,386%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.
| Export of Preserved Mackerel in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 210 | 0% |
| Swaziland | 0.2 | 0.6 | 84.5 | 147 | 802.5% |
| Democratic Republic of the Congo | 0.1 | 0.6 | 0.4 | 11.1 | 380.6% |
| Zimbabwe | N/A | 15.3 | 1.5 | 6.1 | -36.9% |
| Lesotho | 1.4 | 308 | 5.2 | 5.5 | 57.8% |
| Namibia | 10.9 | 4.3 | 1.1 | 0.6 | -62.0% |
| Others | 9.9 | 4.9 | 8.8 | 4.6 | -22.5% |
| Total | 22.5 | 334 | 101 | 385 | 157.7% |
Top Export Markets for Preserved Mackerel from South Africa in 2022:
- China (85.0 tons)
- Swaziland (68.0 tons)
- Democratic Republic of the Congo (4.4 tons)
- Zimbabwe (1.2 tons)
- Lesotho (0.9 tons)
- Namibia (0.6 tons)
This report provides an in-depth analysis of the preserved mackerel 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 2030.
Product coverage:
- Prodcom 10202550 - Prepared or preserved mackerel, whole or in pieces (excluding minced products and prepared meals and dishes)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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