Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in South Africa - 2023

Contents:

1. Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in South Africa (CIF) - 2022
2. Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in South Africa (FOB) - 2022
3. Imports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in South Africa
4. Exports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in South Africa

Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in South Africa (CIF) - 2022

In 2022, the average import price for aquatic invertebrates; sea urchins, prepared or preserveds amounted to $345,000 per ton, with an increase of 685% against the previous year. Over the period under review, the import price posted a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +13.5% per year.

Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in South Africa (FOB) - 2022

The average export price for aquatic invertebrates; sea urchins, prepared or preserveds stood at $5,077 per ton in 2022, falling by -13.5% against the previous year. Over the period under review, the export price, however, posted a remarkable increase. The growth pace was the most rapid in 2014 an increase of 645% against the previous year. As a result, the export price attained the peak level of $8,322 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mozambique ($12,821 per ton), while the average price for exports to Lesotho ($658 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 Zambia (+141.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in South Africa

For the third year in a row, South Africa recorded decline in supplies from abroad of aquatic invertebrates; sea urchins, prepared or preserveds, which decreased by -85.7% to 2 kg in 2022. Over the period under review, imports saw a dramatic downturn. The smallest decline of -65% was in 2021.

In value terms, imports of aquatic invertebrates; sea urchins, prepared or preserveds expanded sharply to $690 in 2022. Overall, imports recorded a precipitous slump.

Top Suppliers of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved to South Africa in 2022:

1. Spain (2.0 kg)

Exports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in South Africa

In 2022, the amount of aquatic invertebrates; sea urchins, prepared or preserveds exported from South Africa reduced dramatically to 2.5 tons, waning by -41.8% against the previous year's figure. Overall, exports, however, saw a tangible expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 16,427%. As a result, the exports attained the peak of 4.3 tons, and then contracted notably in the following year.

In value terms, exports of aquatic invertebrates; sea urchins, prepared or preserveds fell dramatically to $13K in 2022. In general, exports saw a pronounced slump. The pace of growth appeared the most rapid in 2021 with an increase of 13,752%. As a result, the exports attained the peak of $25K, and then dropped rapidly in the following year.

Top Export Markets for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved from South Africa in 2022:

1. Botswana (1284.0 kg)
2. Namibia (755.0 kg)
3. Mozambique (218.0 kg)
4. Swaziland (114.0 kg)
5. Lesotho (79.0 kg)
6. Democratic Republic of the Congo (51.0 kg)

Source: IndexBox Market Intelligence Platform