Africa: Meat Market 2024

Meat Market Size in Africa

The African meat market amounted to $X in 2022, approximately equating the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2019 when the market value increased by X% against the previous year. Over the period under review, the market attained the peak level in 2022 and is likely to see steady growth in the near future.

Meat Production in Africa

In value terms, meat production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

The countries with the highest volumes of production in 2022 were South Africa (X tons), Nigeria (X tons) and Sudan (X tons), together accounting for X% of total production. Ethiopia, Chad, Zimbabwe, Egypt, Tanzania, Morocco, Burkina Faso, Algeria, Kenya and Uganda lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Chad (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

In 2022, the average meat yield in Africa fell modestly to X kg per head, standing approx. at the year before. Overall, the yield continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. As a result, the yield attained the peak level of X kg per head. From 2016 to 2022, the growth of the meat yield remained at a somewhat lower figure.

In 2022, approx. X heads of animals slaughtered for meat production in Africa; remaining relatively unchanged against the previous year's figure. This number increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the number of producing animals increased by X% against the previous year. As a result, the number of producing animals attained the peak level of X heads. From 2020 to 2022, the growth of this number remained at a somewhat lower figure.

Meat Exports

Exports in Africa

In 2022, overseas shipments of meat increased by X% to X tons, rising for the second consecutive year after four years of decline. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 when exports increased by X%. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, meat exports rose modestly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

In 2022, South Africa (X tons) was the major exporter of meat, constituting X% of total exports. Kenya (X tons) held the second position in the ranking, followed by Ethiopia (X tons), Tanzania (X tons), Sudan (X tons) and Namibia (X tons). All these countries together held near X% share of total exports. Botswana (X tons) took a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Tanzania (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) remains the largest meat supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Kenya ($X), with a X% share of total exports. It was followed by Ethiopia, with a X% share.

In South Africa, meat exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kenya (X% per year) and Ethiopia (X% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, the export price reached the peak level of $X per ton, and then dropped modestly 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 Ethiopia ($X per ton), while Botswana ($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 (X%), while the other leaders experienced more modest paces of growth.

Meat Imports

Imports in Africa

In 2022, supplies from abroad of meat decreased by X% to X tons, falling for the fourth year in a row after two years of growth. Overall, imports saw a noticeable shrinkage. The growth pace was the most rapid in 2014 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, meat imports rose modestly to $X in 2022. Over the period under review, imports showed a noticeable setback. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

Egypt was the key importing country with an import of about X tons, which resulted at X% of total imports. It was distantly followed by Angola (X tons), Algeria (X tons), Congo (X tons) and South Africa (X tons), together mixing up a X% share of total imports. Ghana (X tons), Gabon (X tons), Democratic Republic of the Congo (X tons), Liberia (X tons), Libya (X tons), Senegal (X tons), Mauritius (X tons) and Equatorial Guinea (X tons) held a minor share of total imports.

Imports into Egypt decreased at an average annual rate of X% from 2012 to 2022. At the same time, Senegal (X%), Congo (X%), Liberia (X%), Democratic Republic of the Congo (X%), Gabon (X%) and Ghana (X%) displayed positive paces of growth. Moreover, Senegal emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. Equatorial Guinea and Mauritius experienced a relatively flat trend pattern. By contrast, Libya (X%), Algeria (X%), Angola (X%) and South Africa (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Congo, Egypt, Senegal, Liberia, Democratic Republic of the Congo, Gabon and Ghana increased by X, X, X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X) constitutes the largest market for imported meat in Africa, comprising X% of total imports. The second position in the ranking was taken by Algeria ($X), with a X% share of total imports. It was followed by Angola, with a X% share.

In Egypt, meat imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Algeria (X% per year) and Angola (X% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, with an increase of X% against the previous year. Import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, meat import price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the import price increased by X%. Over the period under review, import prices reached the maximum in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Egypt ($X per ton), while Liberia ($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 (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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