We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
South Africa - Bacon, Ham and Other Dried, Salted or Smoked Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

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

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing
Aug 6, 2023

Significant Price Reduction for Bacon and Ham in South Africa, Now at Only $11.6 per kg

South Africa Bacon And Ham Import Price in May 2023

In May 2023, the bacon and ham price stood at $11,621 per ton (CIF, South Africa), dropping by -19.5% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 when the average import price increased by 24% against the previous month. As a result, import price attained the peak level of $14,443 per ton, and then fell remarkably in the following month.

Average prices varied noticeably amongst the major supplying countries. In May 2023, the country with the highest price was Spain ($13,764 per ton), while the price for Italy amounted to $11,327 per ton.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Spain (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.

COUNTRYImport Price of Bacon And Ham in South Africa (USD per ton)
May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023
Spain11,16511,98516,367N/A10,10312,43012,91613,138N/A14,40110,70015,39813,764
ItalyN/A10,0409,86010,86611,83710,85410,44612,83112,135N/A11,823N/A11,327
DenmarkN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A9,889N/AN/A
Average11,16510,24410,51110,86510,75311,23610,82312,90312,13514,38411,60614,44311,621

South Africa Bacon And Ham Imports

In May 2023, approximately 11 tons of bacon, ham and other dried, salted or smoked pig meat were imported into South Africa; jumping by 1,416% compared with the month before. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when imports increased by 2,690% m-o-m.

In value terms, bacon and ham imports surged to $129K (IndexBox estimates) in May 2023. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 when imports increased by 2,150% against the previous month.

South Africa Bacon And Ham Imports by Type

In May 2023, pig meat other than hams or bellies (salted, in brine, dried or smoked) (11 tons) was the main type of bacon and ham supplied to South Africa, with a approximately 100% share of total imports.

From May 2022 to May 2023, the average monthly growth rate of the volume of import of pig meat other than hams or bellies (salted, in brine, dried or smoked) totaled +2.3%.

In value terms, pig meat other than hams or bellies (salted, in brine, dried or smoked) ($129K) constituted the largest type of bacon and ham supplied to South Africa.

South Africa Bacon And Ham Imports by Country

In May 2023, Italy (9.8 tons) constituted the largest supplier of bacon and ham to South Africa, with a 88% share of total imports. Moreover, bacon and ham imports from Italy exceeded the figures recorded by the second-largest supplier, Spain (1.3 tons), sevenfold.

From May 2022 to May 2023, the average monthly growth rate of volume from Italy totaled -5.4%.

In value terms, Italy ($111K) constituted the largest supplier of bacon and ham to South Africa, comprising 86% of total imports. The second position in the ranking was held by Spain ($18K), with a 14% share of total imports.

From May 2022 to May 2023, the average monthly growth rate of value from Italy totaled -4.3%.

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 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    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 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    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, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

Recommended posts

Free Data: Bacon And Ham - South Africa
Table
Bacon And Ham - South Africa - Table
Dashboard
Bacon And Ham - South Africa - Dashboard
Report
Bacon And Ham - South Africa - Report