Africa: Preserved Pork Market 2021

Preserved Pork Market Size in Africa

The African preserved pork market rose significantly to $X in 2020, increasing by X% against the previous year. The total consumption indicated a moderate expansion 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 2016 indices. The growth pace was the most rapid in 2017 when the market value increased by X% y-o-y. Over the period under review, the market hit record highs in 2020 and is likely to see gradual growth in the near future.

Preserved Pork Production in Africa

In value terms, preserved pork production rose significantly to $X in 2020 estimated in export prices. The total production indicated strong growth 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 2016 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Over the period under review, production reached the maximum level in 2020 and is expected to retain growth in the immediate term.

Production By Country in Africa

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

Preserved Pork Exports

Exports in Africa

In 2020, preserved pork exports in Africa contracted sharply to X tons, which is down by -X% compared with 2019. Overall, exports continue to indicate a perceptible setback. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. The volume of export peaked at X tons in 2011; however, from 2012 to 2020, exports failed to regain the momentum.

In value terms, preserved pork exports contracted significantly to $X in 2020. In general, exports showed a pronounced reduction. The pace of growth was the most pronounced in 2018 when exports increased by X% y-o-y. The level of export peaked at $X in 2010; however, from 2011 to 2020, exports failed to regain the momentum.

Exports by Country

Kenya represented the key exporter of pig meat salted (salted, in brine, dried or smoked) in Africa, with the volume of exports resulting at X tons, which was near X% of total exports in 2020. South Africa (X tons) took a X% share (based on tons) of total exports, which put it in second place, followed by Botswana (X%). Swaziland (X tons) took a minor share of total exports.

From 2007 to 2020, the biggest increases were in Botswana, while shipments for the other leaders experienced mixed trends in the exports figures.

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

In Kenya, preserved pork exports plunged by an average annual rate of -X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: South Africa (-X% per year) and Botswana (+X% per year).

Export Prices by Country

In 2020, the preserved pork export price in Africa amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 an increase of X% y-o-y. The level of export peaked in 2020 and is likely to see steady growth in years to come.

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

Imports in Africa

Preserved pork imports surged to X tons in 2020, rising by X% compared with the year before. Overall, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

In value terms, preserved pork imports skyrocketed to $X in 2020. Total imports indicated a perceptible increase from 2007 to 2020: its value decreased 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. The level of import peaked at $X in 2011; however, from 2012 to 2020, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the twelve major importers of pig meat salted (salted, in brine, dried or smoked), namely Gabon, Cabo Verde, Ghana, South Africa, Angola, Eritrea, Saint Helena, Ascension and Tristan da Cunha, Central African Republic, Chad, Liberia, Libya and Somalia, represented more than two-thirds of total import. It was followed by Equatorial Guinea (X tons), generating a X% 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, the largest preserved pork importing markets in Africa were South Africa ($X), Somalia ($X) and Eritrea ($X), together accounting for X% of total imports. Central African Republic, Equatorial Guinea, Saint Helena, Ascension and Tristan da Cunha, Libya, Chad, Liberia, Cabo Verde, Angola, Ghana and Gabon lagged somewhat behind, together accounting for a further X (+X% per year) saw the highest rates of growth with regard to 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 pork import price in Africa stood at $X per ton in 2020, surging by X% against the previous year. Import price indicated a noticeable expansion from 2007 to 2020: its price 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, preserved pork import price increased by +X% against 2018 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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