What is the price of shark fins per kilogram/pound in South Africa today?
The retail price range for South Africa shark fins is between US$ 0.01 and US$ 0.02 per kilogram or between US$ 0.00 and US$ 0.01 per pound(lb). Click here to see today's exact prices of shark fins in South Africa
The retail price range in Rand for shark fins is between ZAR 0.19 and ZAR 0.37 per kilogram or between ZAR 0.08 and ZAR 0.17 per pound(lb) in Johannesburg and Cape Town.
Wholesale prices
In 2024, the approximate wholesale price range for South Africa shark fins is between US$ 0.01 and US$ 0.01 per kilogram or between US$ 0.00 and US$ 0.01 per pound(lb).
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South Africa Shark Fins Export Prices - Historical, Trends and Prediction
The export price per kilogram of Shark Fins from South Africa over the last five years has been quite volatile. In 2017, the price was at its lowest point of 6.22 US $ per kg, before increasing to 15.58 US $ per kg in 2019. However, the price has since dropped to 8.01 US $ per kg in 2021. The current price of Shark Fins is 4.92 US $ per kg. Looking ahead, it is predicted that the export price of Shark Fins from South Africa will remain relatively stable, with an estimated price of 5.17 US $ per kg in 2023 and 5.41 US $ per kg in 2024.South Africa Shark Fins Import Prices - Historical, Trends and Prediction
The import price per kilogram of Shark Fins into South Africa over the last five years has been quite volatile. In 2012, the price was 14.25 US dollars per kg, which increased to 19.82 US dollars per kg in 2013. However, the price dropped to 12.83 US dollars per kg in 2014 and further decreased to 12.56 US dollars per kg in 2015. In 2016, the price rose to 17.87 US dollars per kg, but then dropped to 6.22 US dollars per kg in 2017. The price then increased to 7.65 US dollars per kg in 2018 and 15.58 US dollars per kg in 2019. In 2020, the price dropped to 5.95 US dollars per kg and then increased to 8.01 US dollars per kg in 2021. The latest price in 2022 was 4.92 US dollars per kg. Based on this trend, it is predicted that the import price per kilogram of Shark Fins into South Africa in 2023 will be around 6.50 US dollars per kg and in 2024 will be around 7.00 US dollars per kg.Export values for South Africa shark fins
The total values in export for shark fins in South Africa were US$ 1,537, US$ 1,674, US$ 1,370 and US$ 2,695 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 shark fins in other countries across Africa: Algeria shark fins, Angola shark fins, Botswana shark fins, Burundi shark fins, Cameroon shark fins, Cape Verde shark fins, Central African Republic shark fins, Comoros shark fins, DRC Congo shark fins & Benin shark fins.
South Africa shark fins - Production, Exports, Imports, Seasons and HS Codes
In 2019 South Africa sold 116,367 tonnes of shark fins. Through 2019 alone, the interest in South Africa shark fins (fish category) has improved, with a change of 7.337 pc compared to the year 2018. Between 2017 and 2019, shark fins' exports grew by 76.28% bringing South Africa US$2.70m for the year 2019. South Africa's shark fins exports are categorised as:
- Frozen fish fins, heads, tails, maws and other edible fish offal (excl. livers, roes, milt and shark fins) (HS code 030399)
- Prepared or preserved shark fins, whole or in pieces (excl. minced) (HS code 160418)
- Shark fins, smoked, dried, salted or in brine (HS code 030571)
- Frozen shark fins (HS code 030392)
- Fresh or chilled shark fins (HS code 030292)
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South Africa shark fins export values
In 2019, South Africa supplied shark fins valued at 2.70m USD, an increase of 97.08% from 2018's total shark fins export of 1.37m USD. The annual increase in value of South Africa shark fins between 2017 to 2018 was -18.16%.
The annual change in the volume of South Africa's shark fins exports between 2017 and 2019 was 76.28% in comparison to a variation of 7.337% in the period between 2018 and 2019.
Export markets for South Africa shark fins ( in '000$ )
South Africa procured 131 tonnes of shark fins in 2019.