| Product Code: ETC4999860 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Zambia continued to heavily rely on squid imports, with top exporting countries being South Africa, India, China, Spain, and Namibia. The market remained highly concentrated, indicating limited diversification among suppliers. Despite a strong compound annual growth rate (CAGR) of 19.63% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -25.53%. This suggests a potential slowdown or shift in the market dynamics that importers and stakeholders should monitor closely for strategic decision-making.

In the Africa region, the Squid market in Zambia is projected to expand at a high growth rate of 13.05% by 2027. The largest economy is Egypt, followed by South Africa, Ethiopia, Algeria and Nigeria.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Zambia Squid Market Overview |
3.1 Zambia Country Macro Economic Indicators |
3.2 Zambia Squid Market Revenues & Volume, 2021 & 2031F |
3.3 Zambia Squid Market - Industry Life Cycle |
3.4 Zambia Squid Market - Porter's Five Forces |
3.5 Zambia Squid Market Revenues & Volume Share, By Products, 2021 & 2031F |
4 Zambia Squid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer demand for seafood products in Zambia |
4.2.2 Growing awareness about the health benefits of consuming squid |
4.2.3 Expansion of distribution channels for seafood products in Zambia |
4.3 Market Restraints |
4.3.1 Seasonal availability of squid impacting supply |
4.3.2 Fluctuating prices of squid due to market conditions |
5 Zambia Squid Market Trends |
6 Zambia Squid Market Segmentations |
6.1 Zambia Squid Market, By Products |
6.1.1 Overview and Analysis |
6.1.2 Zambia Squid Market Revenues & Volume, By Fresh, 2021-2031F |
6.1.3 Zambia Squid Market Revenues & Volume, By Frozen, 2021-2031F |
6.1.4 Zambia Squid Market Revenues & Volume, By Prepared, 2021-2031F |
7 Zambia Squid Market Import-Export Trade Statistics |
7.1 Zambia Squid Market Export to Major Countries |
7.2 Zambia Squid Market Imports from Major Countries |
8 Zambia Squid Market Key Performance Indicators |
8.1 Average consumption per capita of squid in Zambia |
8.2 Number of seafood restaurants offering squid dishes in Zambia |
8.3 Percentage of households purchasing squid on a regular basis |
9 Zambia Squid Market - Opportunity Assessment |
9.1 Zambia Squid Market Opportunity Assessment, By Products, 2021 & 2031F |
10 Zambia Squid Market - Competitive Landscape |
10.1 Zambia Squid Market Revenue Share, By Companies, 2024 |
10.2 Zambia Squid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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