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South Africa - Bacon, Ham and Other Dried, Salted or Smoked Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Feb 1, 2025

South Africa - Bacon, Ham and Other Dried, Salted or Smoked Pig Meat - Market Analysis, Forecast, Size, Trends And Insights

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Feb 26, 2024

Export of Bacon and Ham in South Africa Surges to $265K in December 2023

South Africa Bacon And Ham Exports

Bacon and ham exports from South Africa stood at 55 tons in December 2023, growing by 12% compared with the previous month. Over the period under review, exports posted a prominent expansion. The most prominent rate of growth was recorded in September 2023 with an increase of 245% m-o-m.

In value terms, bacon and ham exports skyrocketed to $265K (IndexBox estimates) in December 2023. In general, exports recorded a strong increase. The pace of growth appeared the most rapid in September 2023 when exports increased by 156% m-o-m.South Africa Bacon And Ham Exports By Country (USD)

COUNTRYExport Value of Bacon And Ham in South Africa (USD)
Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023Jul 2023Aug 2023Sep 2023Oct 2023Nov 2023Dec 2023
Namibia22,42852,61016,691162,318149,75465,96484,810183,54447,02738,38477,65461,273115,725
Seychelles54,143N/A127,3751,986N/A96,5744,96243316,91968,086966N/A113,565
Angola532N/AN/AN/AN/AN/AN/A44,971N/A96,573N/AN/A11,931
Lesotho6,1855,4955,3863,4805,1104,9384,9384,0574,7533,2616,42411,3354,944
GhanaN/AN/AN/A38,729N/AN/AN/A22,766N/AN/AN/A43,301N/A
Botswana14,787N/AN/AN/A8,83612,87917,793N/AN/AN/AN/A139N/A
Others38,10537,41623,55384,83632,13037,49237,74827,98325,77235,52146,41558,47819,219
Total136,18095,521173,005291,349195,830217,847150,251283,75494,471241,825131,459174,526265,384

Exports by Country

Namibia (24 tons), Seychelles (21 tons) and Angola (3.8 tons) were the main destinations of bacon and ham exports from South Africa, together comprising 90% of total exports.

From December 2022 to December 2023, the biggest increases were in Angola (with a CAGR of +27.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for bacon and ham exported from South Africa were Namibia ($116K), Seychelles ($114K) and Angola ($12K), with a combined 91% share of total exports.

In terms of the main countries of destination, Angola, with a CAGR of +29.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Exports by Type

Pig meat other than hams or bellies (salted, in brine, dried or smoked) (48 tons) was the largest type of bacon and ham exported from South Africa, with a 88% share of total exports. Moreover, pig meat other than hams or bellies (salted, in brine, dried or smoked) exceeded the volume of the second product type, swine bellies (salted, in brine, dried or smoked) (6.4 tons), eightfold.

From December 2022 to December 2023, the average monthly growth rate of the volume of export of pig meat other than hams or bellies (salted, in brine, dried or smoked) totaled +9.6%.

In value terms, pig meat other than hams or bellies (salted, in brine, dried or smoked) ($224K) remains the largest type of bacon and ham exported from South Africa, comprising 84% of total exports. The second position in the ranking was held by swine bellies (salted, in brine, dried or smoked) ($42K), with a 16% share of total exports.

From December 2022 to December 2023, the average monthly rate of growth in terms of the export volume of pig meat other than hams or bellies (salted, in brine, dried or smoked) totaled +5.6%.

Export Prices by Country

In December 2023, the bacon and ham price amounted to $4,853 per ton (FOB, South Africa), rising by 36% against the previous month. Overall, the export price, however, saw a noticeable setback. The pace of growth appeared the most rapid in May 2023 an increase of 69% against the previous month. The export price peaked at $6,790 per ton in December 2022; however, from January 2023 to December 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Seychelles ($5,377 per ton), while the average price for exports to Lesotho ($2,975 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+1.6%), while the prices for the other major destinations experienced a decline.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the bacon and ham market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 10131120 - Hams, shoulders and cuts thereof with bone in, of swine, s alted, in brine, dried or smoked
  • Prodcom 10131150 - Bellies and cuts thereof of swine, salted, in brine, dried or smoked
  • Prodcom 10131180 - Pig meat salted, in brine, dried or smoked (including bacon, 3/4 sides/middles, fore-ends, loins and cuts thereof, excluding hams, shoulders and cuts thereof with bone in, bellies and cuts thereof)

Country coverage:

  • South Africa

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in South Africa
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024

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