What is the price of hake fish per kilogram/pound in South Africa today?
The retail price range for South Africa hake fish is between US$ 5.74 and US$ 7.65 per kilogram or between US$ 2.60 and US$ 3.47 per pound(lb). Click here to see today's exact prices of hake fish in South Africa
The retail price range in Rand for hake fish is between ZAR 111.48 and ZAR 148.64 per kilogram or between ZAR 50.56 and ZAR 67.41 per pound(lb) in Johannesburg and Cape Town.
Wholesale prices
In 2024, the approximate wholesale price range for South Africa hake fish is between US$ 4.02 and US$ 5.36 per kilogram or between US$ 1.82 and US$ 2.43 per pound(lb).
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South Africa Hake Fish Export Prices - Historical, Trends and Prediction
The export price per kilogram of Hake Fish from South Africa has seen a steady increase over the last five years. In 2017, the price was at $3.01, and by 2021, it had risen to $4.31. The most recent year, 2022, saw a slight decrease to $4.22. Based on this trend, it is likely that the export price per kilogram of Hake Fish from South Africa will continue to increase, and we can predict that the price in 2023 will be around $4.50, and in 2024, it will be around $4.70.South Africa Hake Fish Import Prices - Historical, Trends and Prediction
The import price per kilogram of Hake Fish into South Africa over the last five years has been quite volatile. In 2012, the price was 2.51 US dollars per kg. This increased to 2.61 US dollars per kg in 2013, and then to 2.63 US dollars per kg in 2014. However, the price dropped to 2.47 US dollars per kg in 2015 and 2016. In 2017, the price rose to 3.01 US dollars per kg, and then to 3.41 US dollars per kg in 2018. The price then increased significantly to 3.91 US dollars per kg in 2019, before dropping slightly to 3.82 US dollars per kg in 2020. The price then rose again to 4.31 US dollars per kg in 2021, and then to 4.22 US dollars per kg in 2022. Based on the data, it is predicted that the import price per kilogram of Hake Fish into South Africa in 2023 will be 4.71 US dollars per kg, and in 2024 will be 4.62 US dollars per kg.Export values for South Africa hake fish
The total values in export for hake fish in South Africa were US$ 6,444, US$ 5,342, US$ 6,261 and US$ 7,325 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Fish category in South Africa: Live Ornamental Fish, Live Trout, Live Eels, Live Carp, Live Tuna, Live Fish, Trout, Salmon, Halibut Fish & Sole Fish.
See prices of hake fish in other countries across Africa: Algeria hake fish, Angola hake fish, Botswana hake fish, Burundi hake fish, Cameroon hake fish, Cape Verde hake fish, Central African Republic hake fish, Comoros hake fish, DRC Congo hake fish & Benin hake fish.
South Africa hake fish - Production, Exports, Imports, Seasons and HS Codes
In 2019 South Africa exported 36,460 tonnes of hake fish. Across 2019 alone, the demand for South Africa hake fish (fish category) has decreased, flactuating by -4.159 per cent compared to the year 2018. Between 2017 and 2019, hake fish's exports decreased by -17.78 percent netting South Africa US$7.32m for the year 2019. South Africa's hake fish exports are categorised as:
- Fresh or chilled hake "Merluccius spp., Urophycis spp." (HS code 030254)
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South Africa hake fish export values
In 2019, South Africa sold hake fish valued at 7.32m USD, an increment of 16.91% from 2018's total hake fish export of 6.261m USD. The annual increase in value of South Africa hake fish between 2017 to 2018 was 17.203 pc.
The annual/yearly variation in the amount of South Africa's hake fish exports between 2017 and 2019 was -17.78% compared to a variation of -4.159% in the period between 2018 and 2019.
South Africa's stake of the world's total hake fish's exports in 2019 was less than 1%. South Africa is ranked number 16 in world exports of hake fish.
Export markets for South Africa hake fish ( in '000$ )
Import/Export Trends
South Africa is a net importer of hake fish. The annual growth of South Africa hake fish in value between 2015 to 2019 was -13%, per annum, while annual growth in quantity through the same period was -23%, per annum.
South Africa purchased 1,177 tonnes of hake fish in 2019.