Africa: Cheese And Curd Market 2024

Cheese And Curd Market Size in Africa

The African cheese and curd market reached $X in 2022, leveling off at the previous year. The market value increased at an average annual rate of +1.8% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Cheese And Curd Production in Africa

In value terms, cheese and curd production rose to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.6% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2013 when the production volume increased by 6.9%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Cheese And Curd Exports

Exports in Africa

For the sixth consecutive year, Africa recorded decline in overseas shipments of cheese and curd, which decreased by -8.5% to X tons in 2022. In general, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2014 with an increase of 8%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, cheese and curd exports fell to $X in 2022. Overall, exports saw a deep setback. The most prominent rate of growth was recorded in 2013 when exports increased by 8.5%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Egypt represented the main exporting country with an export of about X tons, which finished at 64% of total exports. It was distantly followed by South Africa (X tons) and Morocco (X tons), together creating a 30% share of total exports. Tunisia (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to cheese and curd exports from Egypt stood at -9.3%. At the same time, South Africa (+1.4%) displayed positive paces of growth. Moreover, South Africa emerged as the fastest-growing exporter exported in Africa, with a CAGR of +1.4% from 2012-2022. By contrast, Tunisia (-13.6%) and Morocco (-18.0%) illustrated a downward trend over the same period. South Africa (+16 p.p.) significantly strengthened its position in terms of the total exports, while Tunisia, Egypt and Morocco saw its share reduced by -2.8%, -4.7% and -10.1% from 2012 to 2022, respectively.

In value terms, Egypt ($X) remains the largest cheese and curd supplier in Africa, comprising 68% of total exports. The second position in the ranking was held by South Africa ($X), with a 22% share of total exports. It was followed by Morocco, with a 6.1% share.

In Egypt, cheese and curd exports decreased by an average annual rate of -7.5% over the period from 2012-2022. In the other countries, the average annual rates were as follows: South Africa (+5.2% per year) and Morocco (-18.4% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, waning by -1.6% against the previous year. Export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cheese and curd export price increased by +69.0% against 2016 indices. The growth pace was the most rapid in 2020 an increase of 32%. Over the period under review, the export prices attained the peak figure at $X per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Morocco ($X per ton), while Tunisia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+3.7%), while the other leaders experienced mixed trends in the export price figures.

Cheese And Curd Imports

Imports in Africa

In 2022, overseas purchases of cheese and curd decreased by -1.5% to X tons, falling for the second consecutive year after three years of growth. The total import volume increased at an average annual rate of +1.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2019 with an increase of 27%. Over the period under review, imports reached the maximum at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, cheese and curd imports reduced modestly to $X in 2022. The total import value increased at an average annual rate of +2.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when imports increased by 19%. The level of import peaked at $X in 2021, and then shrank modestly in the following year.

Imports by Country

In 2022, Libya (X tons) and Algeria (X tons) represented the largest importers of cheese and curd in Africa, together recording near 48% of total imports. It was distantly followed by Morocco (X tons) and Egypt (X tons), together achieving a 22% share of total imports. South Africa (X tons), Mauritius (X tons), Tunisia (X tons), Namibia (X tons) and Senegal (X tons) took a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Morocco (with a CAGR of +5.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cheese and curd importing markets in Africa were Libya ($X), Algeria ($X) and Morocco ($X), with a combined 57% share of total imports.

In terms of the main importing countries, Morocco, with a CAGR of +7.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, remaining constant against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 18%. Over the period under review, import prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Mauritius ($X per ton), while Algeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+2.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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