SADC: Market for Dog And Cat Food 2024

Market Size for Dog And Cat Food in SADC

The SADC dog and cat food market rose rapidly to $X in 2021, surging by 5.2% against the previous year. The market value increased at an average annual rate of +3.5% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2019; afterwards, it flattened through to 2021.

Production of Dog And Cat Food in SADC

In value terms, dog and cat food production rose sharply to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.7% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 23% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Dog And Cat Food

Exports in SADC

For the fourth consecutive year, SADC recorded growth in shipments abroad of dog and cat food, which increased by 18% to X tons in 2021. Total exports indicated a notable expansion from 2012 to 2021: its volume increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +100.2% against 2014 indices. The most prominent rate of growth was recorded in 2015 when exports increased by 22% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, dog and cat food exports soared to $X in 2021. In general, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 44% against the previous year. The level of export peaked in 2021 and is likely to see gradual growth in the immediate term.

Exports by Country

The biggest shipments were from South Africa (X tons), together accounting for 100% of total export.

South Africa was also the fastest-growing in terms of the dog and cat food exports, with a CAGR of +2.7% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest dog and cat food supplier in SADC.

From 2012 to 2021, the average annual growth rate of value in South Africa totaled +8.5%.

Export Prices by Country

The export price in SADC stood at $X per ton in 2021, growing by 2% against the previous year. Export price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, dog and cat food export price decreased by -7.2% against 2018 indices. The growth pace was the most rapid in 2018 an increase of 32% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2021, the rate of growth in terms of prices for South Africa amounted to +5.7% per year.

Imports of Dog And Cat Food

Imports in SADC

In 2021, after two years of decline, there was significant growth in supplies from abroad of dog and cat food, when their volume increased by 40% to X tons. Total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +6.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, dog and cat food imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +4.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, South Africa (X tons) was the largest importer of dog and cat food, committing 35% of total imports. Lesotho (X tons) ranks second in terms of the total imports with a 20% share, followed by Namibia (11%), Angola (11%) and Botswana (7.7%). Mauritius (X tons) and Swaziland (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Lesotho (with a CAGR of +31.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported dog and cat food in SADC, comprising 57% of total imports. The second position in the ranking was held by Namibia ($X), with an 8.7% share of total imports. It was followed by Angola, with a 7.8% share.

In South Africa, dog and cat food imports increased at an average annual rate of +2.7% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Namibia (+4.1% per year) and Angola (+9.0% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2021, falling by -6.2% against the previous year. Over the period under review, the import price saw a perceptible reduction. The pace of growth appeared the most rapid in 2017 an increase of 24%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Swaziland (+3.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform