SADC: Market for Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs 2024

Market Size for Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs in SADC

The SADC meat and fish extracts market amounted to $X in 2022, leveling off at the previous year. Over the period under review, consumption continues to indicate a perceptible decline. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs in SADC

In value terms, meat and fish extracts production totaled $X in 2022 estimated in export price. Over the period under review, production saw a slight shrinkage. The growth pace was the most rapid in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Exports of Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs

Exports in SADC

After two years of growth, overseas shipments of extracts and juices of meat, fish, crustaceans and molluscs decreased by X% to X tons in 2022. Overall, exports recorded a deep reduction. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, meat and fish extracts exports declined to $X in 2022. In general, exports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Botswana was the main exporter of extracts and juices of meat, fish, crustaceans and molluscs in SADC, with the volume of exports amounting to X tons, which was near X% of total exports in 2022. It was distantly followed by South Africa (X tons), achieving a X% share of total exports.

Botswana was also the fastest-growing in terms of the extracts and juices of meat, fish, crustaceans and molluscs exports, with a CAGR of X% from 2012 to 2022. South Africa (X%) illustrated a downward trend over the same period. While the share of Botswana (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics.

In value terms, Botswana ($X) remains the largest meat and fish extracts supplier in SADC, comprising X% of total exports. The second position in the ranking was held by South Africa ($X), with a X% share of total exports.

In Botswana, meat and fish extracts exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, falling by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 when the export price increased by X%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Botswana ($X per ton), while South Africa amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Imports of Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs

Imports in SADC

In 2022, purchases abroad of extracts and juices of meat, fish, crustaceans and molluscs decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports continue to indicate a slight decrease. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, meat and fish extracts imports shrank slightly to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Botswana prevails in imports structure, accounting for X tons, which was approx. X% of total imports in 2022. It was distantly followed by Mauritius (X tons), creating a X% share of total imports. Zimbabwe (X tons) took a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to meat and fish extracts imports into Botswana stood at X%. At the same time, Zimbabwe (X%) displayed positive paces of growth. Moreover, Zimbabwe emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. By contrast, Mauritius (X%) illustrated a downward trend over the same period. While the share of Botswana (X p.p.) and Zimbabwe (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Botswana ($X) constitutes the largest market for imported extracts and juices of meat, fish, crustaceans and molluscs in SADC, comprising X% of total imports. The second position in the ranking was held by Mauritius ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Botswana totaled X%. In the other countries, the average annual rates were as follows: Mauritius (X% per year) and Zimbabwe (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, surging by X% against the previous year. Import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, meat and fish extracts import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, import prices attained the peak figure in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Botswana ($X per ton), while Zimbabwe ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Botswana (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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