Africa: Processed Meat Market 2024

Processed Meat Market Size in Africa

The African processed meat market totaled $X in 2022, approximately equating the previous year. The total consumption indicated a measured increase from 2012 to 2022: its value 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, consumption decreased by X% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Processed Meat Production in Africa

In value terms, processed meat production totaled $X in 2022 estimated in export price. The total production indicated a notable increase from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Processed Meat Exports

Exports in Africa

Processed meat exports declined to X tons in 2022, reducing by X% on 2021 figures. Overall, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, processed meat exports reduced to $X in 2022. In general, exports saw a perceptible downturn. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

South Africa prevails in exports structure, finishing at X tons, which was approx. X% of total exports in 2022. The following exporters - Egypt (X tons), Kenya (X tons), Tunisia (X tons), Nigeria (X tons), Zambia (X tons), Morocco (X tons) and Namibia (X tons) - together made up X% of total exports.

South Africa experienced a relatively flat trend pattern with regard to volume of exports of processed meat. At the same time, Zambia (X%) and Tunisia (X%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. Kenya experienced a relatively flat trend pattern. By contrast, Morocco (X%), Egypt (X%), Namibia (X%) and Nigeria (X%) illustrated a downward trend over the same period. While the share of South Africa (X p.p.), Tunisia (X p.p.), Zambia (X p.p.) and Kenya (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Namibia (X p.p.) and Nigeria (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual growth rate of value in South Africa totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Egypt (X% per year) and Kenya (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, picking up by X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Egypt ($X per ton), while Nigeria ($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 mixed trends in the export price figures.

Processed Meat Imports

Imports in Africa

In 2022, approx. X tons of processed meat were imported in Africa; picking up by X% against 2021. In general, imports, however, showed a mild reduction. The pace of growth was the most pronounced in 2013 when imports increased by X%. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, processed meat imports expanded notably to $X in 2022. Overall, imports, however, continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Angola was the main importer of processed meat in Africa, with the volume of imports recording X tons, which was approx. X% of total imports in 2022. It was distantly followed by Ghana (X tons), making up an X% share of total imports. Gabon (X tons), Lesotho (X tons), Mauritius (X tons), Democratic Republic of the Congo (X tons), Gambia (X tons), Sierra Leone (X tons), Congo (X tons), Morocco (X tons), Botswana (X tons), Namibia (X tons) and Senegal (X tons) followed a long way behind the leaders.

Imports into Angola decreased at an average annual rate of X% from 2012 to 2022. At the same time, Senegal (X%), Gambia (X%), Morocco (X%), Ghana (X%), Lesotho (X%), Sierra Leone (X%), Botswana (X%), Gabon (X%), Namibia (X%), Congo (X%), Democratic Republic of the Congo (X%) and Mauritius (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. Ghana (X p.p.), Lesotho (X p.p.), Gambia (X p.p.), Gabon (X p.p.), Sierra Leone (X p.p.), Morocco (X p.p.), Senegal (X p.p.) and Mauritius (X p.p.) significantly strengthened its position in terms of the total imports, while Angola saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual growth rate of value in Angola stood at X%. In the other countries, the average annual rates were as follows: Mauritius (X% per year) and Ghana (X% per year).

Import Prices by Country

The import price in Africa stood at $X per ton in 2022, approximately reflecting the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform