Africa: Preserved Swine Belly Market 2021

Preserved Swine Belly Market Size in Africa

The African preserved swine belly market rose modestly to $X in 2020, increasing by X% against the previous year. The total consumption indicated a temperate increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2007 indices. The pace of growth was the most pronounced in 2014 when the market value increased by X% year-to-year. Over the period under review, the market attained the peak level in 2020 and is expected to retain growth in the immediate term.

Preserved Swine Belly Production in Africa

In value terms, preserved swine belly production rose to $X in 2020 estimated in export prices. The total production indicated a notable increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Over the period under review, production attained the peak level in 2020 and is expected to retain growth in the near future.

Production By Country in Africa

The countries with the highest volumes of preserved swine belly production in 2020 were Nigeria (X tons), Ethiopia (X tons) and Democratic Republic of the Congo (X tons), together accounting for X% of total production. These countries were followed by Egypt, Tanzania, South Africa, Uganda, Sudan, Kenya, Algeria, Morocco, Mozambique and Somalia, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of preserved swine belly production, amongst the leading producing countries, was attained by Uganda, while preserved swine belly production for the other leaders experienced more modest paces of growth.

Preserved Swine Belly Exports

Exports in Africa

In 2020, after two years of decline, there was significant growth in overseas shipments of bellies and cuts of swine (salted, in brine, dried or smoked), when their volume increased by X% to X tons. Overall, exports enjoyed a slight expansion. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. The volume of export peaked at X tons in 2014; however, from 2015 to 2020, exports stood at a somewhat lower figure.

In value terms, preserved swine belly exports soared to $X in 2020. Over the period under review, exports continue to indicate moderate growth. The growth pace was the most rapid in 2009 with an increase of X% y-o-y. Over the period under review, exports hit record highs at $X in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

Exports by Country

South Africa represented the major exporting country with an export of around X tons, which resulted at X% of total exports. It was distantly followed by Ethiopia (X tons) and Kenya (X tons), together comprising a X% share of total exports.

South Africa was also the fastest-growing in terms of the bellies and cuts of swine (salted, in brine, dried or smoked) exports, with a CAGR of +X% from 2007 to 2020. At the same time, Kenya (+X%) displayed positive paces of growth. By contrast, Ethiopia (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of South Africa and Kenya increased by +X% and +X% percentage points, while Ethiopia (-X p.p.) saw their share reduced.

In value terms, South Africa ($X) emerged as the largest preserved swine belly supplier in Africa, comprising X% of total exports. The second position in the ranking was occupied by Kenya ($X), with a X% share of total exports.

In South Africa, preserved swine belly exports expanded at an average annual rate of +X% over the period from 2007-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Kenya (+X% per year) and Ethiopia (-X% per year).

Export Prices by Country

The preserved swine belly export price in Africa stood at $X per ton in 2020, approximately reflecting the previous year. Export price indicated a modest expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, preserved swine belly export price increased by +X% against 2018 indices. The growth pace was the most rapid in 2011 an increase of X% against the previous year. Over the period under review, export prices hit record highs at $X per ton in 2016; however, from 2017 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Kenya ($X per ton), while Ethiopia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Kenya, while the other leaders experienced a decline in the export price figures.

Preserved Swine Belly Imports

Imports in Africa

Preserved swine belly imports soared to X tons in 2020, rising by X% on the previous year. Total imports indicated measured growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. As a result, imports attained the peak of X tons. from 2012 to 2020, the growth imports failed to regain the momentum.

In value terms, preserved swine belly imports soared to $X in 2020. Total imports indicated perceptible growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports reached the maximum at $X in 2011; afterwards, it flattened through to 2020.

Imports by Country

The countries with the highest levels of preserved swine belly imports in 2020 were Angola (X tons), Seychelles (X tons), Chad (X tons) and Central African Republic (X tons), together resulting at X% of total import. Cabo Verde (X tons), Djibouti (X tons), Libya (X tons), Liberia (X tons), Mauritania (X tons), Somalia (X tons), Saint Helena, Ascension and Tristan da Cunha (X tons), Guinea-Bissau (X tons) and Equatorial Guinea (X tons) occupied a relatively small share of total imports.

From 2007 to 2020, the biggest increases were in Libya (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Angola ($X), Seychelles ($X) and Somalia ($X) constituted the countries with the highest levels of imports in 2020, with a combined X% share of total imports.

Somalia (+X% per year) recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The preserved swine belly import price in Africa stood at $X per ton in 2020, increasing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The level of import peaked at $X per ton in 2009; however, from 2010 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Somalia ($X per ton), while Chad ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Somalia, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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