Extracts and juices of meat, fish and aquatic invertebrates market in Southern Africa

Earlier Report Observations

The market for extracts and juices of meat, fish and aquatic invertebrates in Southern Africa opened the period at 671 tons in 2018, a year marked by the introduction of the Aquaculture Development Bill aimed at providing aquatic animal health services and supporting the growth of the aquaculture sector. This was followed by a contraction to 451 tons in 2019 and 430 tons in 2020, before a recovery to 568 tons in 2021.

Market volume then declined to 516 tons in 2022 and 480 tons in 2023. During 2022, the South African National Standard SANS 3091 was published, setting comprehensive guidelines for the handling, preparation, processing, and quality of chilled finfish, marine molluscs, and crustaceans to enhance product safety and standardization. The Department of Agriculture, Land Reform and Rural Development also issued aquaculture brochures and guidance on authorization requirements to improve industry compliance and knowledge.

In 2024, the broader seafood export sector showed an 8.6% increase in value, driven by fresh fish and molluscs, while major players reported mixed results: Sea Harvest Group achieved revenue and profit growth, whereas Oceana Group faced a decline in operating profit. The aquaculture industry continued to navigate challenges such as environmental regulations enforcement and limited water availability.

Production extracts and juices of meat, fish and aquatic invertebrates in Southern Africa

In kind, 2017-2020, t

Top producers of extracts and juices of meat, fish and aquatic invertebrates, 2017-2020

World map of production of extracts and juices of meat, fish and aquatic invertebrates, 2017-2020

Southern Africa's production of extracts and juices of meat, fish and aquatic invertebrates has declined for the third year in a row. In 2020, the region produced 350.0 t, marking a 9.1% decrease from 2019. Looking at the broader period from 2017 to 2020, production fell by 58%, which translates to an average annual decline of 25.1%.

Annual dynamics of production in Southern Africa in kind, 2017-2020, t

Exports extracts and juices of meat, fish and aquatic invertebrates from Southern Africa

Exports in kind, t

The market experienced significant fluctuations during this period. Export volumes reached their lowest point in 2019 at 1.3 t, then surged to their peak in 2017, showing a dramatic 303-fold difference between these years. In 2020, Southern Africa's exports totaled 6.2 t, a substantial increase of 383.5% compared to 2019. The sharpest decline occurred in 2019, with a drop of 99.3%.

Annual dynamics of product's exports from Southern Africa in kind, 2017-2020, t

From 2017 to 2020, Mozambique and Angola were key players in exports in kind, together accounting for 3.1% of the total flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Southern Africa in kind, 2017-2020

Exports in value, K $ US

The market displayed notable volatility over the observed period. Export values hit their lowest in 2019 at 22 K $ US and peaked in 2017, with a 114-fold amplitude between these years. In 2020, exports from Southern Africa amounted to 22 K $ US, remaining relatively stable compared to the previous year. The most significant decline was recorded in 2019, at 98.4%.

Annual dynamics of product's exports from Southern Africa in value, 2017-2020, K $ US

During 2017–2020, the main buyers of extracts and juices of meat, fish and aquatic invertebrates from Southern Africa in value terms were Angola (1.5% of exports), Mozambique (1.1% of exports), and the United Arab Emirates (0.8% of exports). Together, these three countries represented 3.4% of total export value.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Southern Africa in value, 2017-2020

Imports extracts and juices of meat, fish and aquatic invertebrates to Southern Africa

Imports in kind, t

The data indicates irregular changes, pointing to a volatile market environment. Imports fell to their lowest in 2019 at 67.8 t and peaked in 2017, with a 7.4-fold difference between these years. In 2020, imports reached 86.8 t, up by 28.0% from 2019. The largest decline was observed in 2019, at 73.2%.

Annual dynamics of product's imports to Southern Africa in kind, 2017-2020, t

Between 2017 and 2020, Special Categories and Thailand were the primary sources for imports in kind, together making up 22.6% of total imports to Southern Africa.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Southern Africa in kind, 2017-2020

Imports in value, K $ US

The market showed signs of volatility during this period. Import values bottomed out in 2019 at 378 K $ US and peaked in 2017, with a 6.4-fold difference. In 2020, imports totaled 643 K $ US, a sharp increase of 70.3% compared to the previous year. The most significant decline occurred in 2019, at 72.9%.

Annual dynamics of product's imports to Southern Africa in value, 2017-2020, K $ US

From 2017 to 2020, the leading sources for imports in value terms to Southern Africa were Special Categories (22.2% of imports), Italy (1.9% of imports), and Thailand (1.6% of imports). Collectively, these accounted for 25.7% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Southern Africa in value, 2017-2020