Africa: Meat-Preparation Industrial Machinery Market 2024

Meat-Preparation Industrial Machinery Market Size in Africa

The African meat-preparation industrial machinery market totaled $X in 2022, growing by 4% against the previous year. Overall, consumption saw a resilient increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Meat-Preparation Industrial Machinery Production in Africa

In value terms, meat-preparation industrial machinery production rose remarkably to $X in 2022 estimated in export price. In general, production enjoyed buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 49%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Meat-Preparation Industrial Machinery Exports

Exports in Africa

In 2022, meat-preparation industrial machinery exports in Africa skyrocketed to X units, growing by 67% compared with the previous year. Over the period under review, exports continue to indicate measured growth. The most prominent rate of growth was recorded in 2014 with an increase of 91% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, meat-preparation industrial machinery exports soared to $X in 2022. Total exports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +36.6% against 2020 indices. The pace of growth appeared the most rapid in 2014 when exports increased by 64%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

South Africa dominates exports structure, accounting for X units, which was near 91% of total exports in 2022. It was distantly followed by Morocco (X units), constituting a 5.8% share of total exports. Egypt (X units) held a little share of total exports.

Exports from South Africa increased at an average annual rate of +4.0% from 2012 to 2022. At the same time, Egypt (+53.0%) and Morocco (+22.8%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing exporter exported in Africa, with a CAGR of +53.0% from 2012-2022. From 2012 to 2022, the share of Morocco and Egypt increased by +4.6 and +1.7 percentage points, respectively.

In value terms, South Africa ($X) remains the largest meat-preparation industrial machinery supplier in Africa, comprising 70% of total exports. The second position in the ranking was held by Morocco ($X), with a 16% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa amounted to +3.2%. In the other countries, the average annual rates were as follows: Morocco (+12.2% per year) and Egypt (+69.0% per year).

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, reducing by -27.3% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the export price increased by 58% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2021, and then fell rapidly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per unit), while South Africa ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+10.4%), while the other leaders experienced a decline in the export price figures.

Meat-Preparation Industrial Machinery Imports

Imports in Africa

In 2022, the amount of industrial machinery for the preparation of meat or poultry imported in Africa skyrocketed to X units, picking up by 24% against the previous year. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 34% against the previous year. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, meat-preparation industrial machinery imports expanded notably to $X in 2022. The total import value increased at an average annual rate of +1.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 when imports increased by 21% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in years to come.

Imports by Country

South Africa was the main importing country with an import of about X units, which recorded 44% of total imports. Botswana (X units) ranks second in terms of the total imports with an 8% share, followed by Egypt (6.1%) and Algeria (5.9%). The following importers - Kenya (X units), Angola (X units), Mozambique (X units), Morocco (X units), Ghana (X units), Nigeria (X units), Burundi (X units) and Namibia (X units) - together made up 23% of total imports.

Imports into South Africa decreased at an average annual rate of -3.5% from 2012 to 2022. At the same time, Burundi (+35.5%), Ghana (+27.4%), Botswana (+23.1%), Nigeria (+19.2%), Angola (+9.3%), Morocco (+7.9%), Kenya (+7.2%), Namibia (+3.2%) and Egypt (+1.4%) displayed positive paces of growth. Moreover, Burundi emerged as the fastest-growing importer imported in Africa, with a CAGR of +35.5% from 2012-2022. By contrast, Algeria (-6.2%) and Mozambique (-6.7%) illustrated a downward trend over the same period. While the share of Botswana (+7.1 p.p.), Ghana (+2.6 p.p.), Nigeria (+2.3 p.p.), Kenya (+2.3 p.p.), Angola (+2.1 p.p.), Burundi (+2 p.p.) and Morocco (+1.6 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Mozambique (-2.9 p.p.), Algeria (-5.1 p.p.) and South Africa (-17.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest meat-preparation industrial machinery importing markets in Africa were South Africa ($X), Algeria ($X) and Nigeria ($X), with a combined 51% share of total imports. Egypt, Morocco, Angola, Namibia, Kenya, Ghana, Botswana, Mozambique and Burundi lagged somewhat behind, together accounting for a further 20%.

In terms of the main importing countries, Burundi, with a CAGR of +44.7%, 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

The import price in Africa stood at $X per unit in 2022, reducing by -11.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The pace of growth appeared the most rapid in 2020 when the import price increased by 35%. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Algeria ($X per unit), while Burundi ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Algeria (+15.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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