Africa: Frozen Meat Offal Market 2020

Frozen Meat Offal Market Size in Africa

The revenue of the frozen meat offal market in Africa amounted to $X in 2017, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The frozen meat offal consumption continues to indicate a strong growth. The most prominent rate of growth was recorded in 2012, when it surged by X% against the previous year. Over the period under review, the frozen meat offal market reached its peak figure level in 2017, and is expected to retain its growth in the immediate term.

Frozen Meat Offal Exports in Africa

In 2017, approx. X tons of edible meat offal (frozen) were exported in Africa; declining by -X% against the previous year. The frozen meat offal exports continue to indicate a mild expansion. The most prominent rate of growth was recorded in 2009, when exports increased by X% year-to-year. Over the period under review, the frozen meat offal exports attained its maximum volume of X tons in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

In value terms, frozen meat offal exports stood at $X in 2017. The total exports indicated a strong expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the frozen meat offal exports increased by +X% against 2014 indices. The level of exports peaked of $X in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

Frozen Meat Offal Exports by Country in Africa

South Africa represented the main exporter of edible meat offal (frozen) in Africa, with the volume of exports amounting to X tons, which was near X% of total exports in 2017. It was distantly followed by Namibia (X tons), committing X% share of total exports. Senegal (X tons), Egypt (X tons), Zambia (X tons) and Ethiopia (X tons) held the weak share of total exports.

South Africa was also the fastest growing in terms of the edible meat offal (frozen) exports, with a CAGR of +X% from 2007 to 2017. At the same time, Senegal (+X%), Zambia (+X%) and Egypt (+X%) displayed positive paces of growth. By contrast, Namibia (-X%) and Ethiopia (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Namibia and Ethiopia increased by X% and X% percentage points, while Zambia (-X%), Senegal (-X%) and South Africa (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest frozen meat offal supplier in Africa, making up X% of global exports. The second position in the ranking was occupied by Namibia ($X), with a X% share of global exports. It was followed by Ethiopia, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in South Africa amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Namibia (-X% per year) and Ethiopia (-X% per year).

Frozen Meat Offal Export Prices by Country in Africa

The frozen meat offal export price in Africa stood at $X per ton in 2017, surging by X% against the previous year. The export price indicated a prominent increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the frozen meat offal export price increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2014, an increase of X% against the previous year. Over the period under review, the export prices for edible meat offal (frozen) attained its peak figure level in 2017, and is expected to retain its growth in the near future.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Ethiopia ($X per ton), while Egypt ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Ethiopia (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Frozen Meat Offal Imports in Africa

In 2017, approx. X tons of edible meat offal (frozen) were imported in Africa; shrinking by -X% against the previous year. The frozen meat offal imports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2009, when it surged by X% y-o-y. The volume of imports peaked of X tons in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, frozen meat offal imports amounted to $X in 2017. The frozen meat offal imports continue to indicate a strong expansion. The level of imports peaked of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Frozen Meat Offal Imports by Country in Africa

In 2017, Egypt (X tons) represented the key importer for edible meat offal (frozen), committing X% of total imports. Cote d'Ivoire (X tons) ranks second in terms of the global imports with a X% share, followed by South Africa (X%), Ghana (X%) and Angola (X%). The following importers - Congo (X tons) and Gabon (X tons) together made up X% of total imports.

Egypt was also the fastest growing in terms of the edible meat offal (frozen) imports, with a CAGR of +X% from 2007 to 2017. At the same time, Ghana (+X%), South Africa (+X%), Congo (+X%), Cote d'Ivoire (+X%) and Gabon (+X%) displayed positive paces of growth. Angola experienced a relatively flat trend pattern. While the share of Ghana (-X%), Cote d'Ivoire (-X%), South Africa (-X%) and Egypt (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X) constitutes the largest market for imported edible meat offal (frozen) in Africa, making up X% of global imports. The second position in the ranking was occupied by South Africa ($X), with a X% share of global imports. It was followed by Cote d'Ivoire, with a X% share.

In Egypt, frozen meat offal imports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: South Africa (+X% per year) and Cote d'Ivoire (+X% per year).

Frozen Meat Offal Import Prices by Country in Africa

In 2017, the frozen meat offal import price in Africa amounted to $X per ton, picking up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017, when the import prices increased by X% year-to-year. Over the period under review, the import prices for edible meat offal (frozen) reached its peak figure level of $X per ton in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Gabon ($X per ton), while Cote d'Ivoire ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Congo (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform