SADC: Market for Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases 2024

Market Size for Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases in SADC

In 2022, the SADC market for fresh or chilled pig meat other than cuts or carcases increased by 24% to $X, rising for the second year in a row after three years of decline. Over the period under review, consumption showed a prominent increase. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Production of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases in SADC

In value terms, production of fresh or chilled pig meat other than cuts or carcases dropped to $X in 2022 estimated in export price. The total production indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +4.9% 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 +0.1% against 2020 indices. The pace of growth was the most pronounced in 2016 when the production volume increased by 35% against the previous year. Over the period under review, production of reached the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

The countries with the highest volumes of production in 2022 were Tanzania (X tons), South Africa (X tons) and Mozambique (X tons), together comprising 87% of total production.

From 2012 to 2022, the biggest increases were recorded for Tanzania (with a CAGR of +4.9%), while carcases for the other leaders experienced more modest paces of growth.

Exports of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases

Exports in SADC

In 2022, shipments abroad of fresh or chilled pig meat other than cuts or carcases decreased by -27.3% to X tons, falling for the fourth year in a row after two years of growth. In general, exports saw a pronounced shrinkage. The pace of growth was the most pronounced in 2015 with an increase of 35%. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of fresh or chilled pig meat other than cuts or carcases declined notably to $X in 2022. Overall, exports continue to indicate a noticeable decline. The most prominent rate of growth was recorded in 2018 when exports increased by 45%. Over the period under review, the exports of reached the peak figure at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, South Africa (X tons) was the key exporter of fresh or chilled pig meat other than cuts or carcases, achieving 85% of total exports. It was distantly followed by Namibia (X tons), mixing up an 11% share of total exports. Tanzania (X tons) took a minor share of total exports.

Exports from South Africa decreased at an average annual rate of -3.2% from 2012 to 2022. At the same time, Namibia (+26.3%) and Tanzania (+3.9%) displayed positive paces of growth. Moreover, Namibia emerged as the fastest-growing exporter exported in SADC, with a CAGR of +26.3% from 2012-2022. Namibia (+11 p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by -10.8% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest fresh pork other than cuts or carcases supplier in SADC, comprising 87% of total exports. The second position in the ranking was taken by Namibia ($X), with a 9.8% share of total exports.

From 2012 to 2022, the average annual growth rate of value in South Africa totaled -3.0%. In the other countries, the average annual rates were as follows: Namibia (+17.1% per year) and Tanzania (+7.3% per year).

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, dropping by -11.4% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by 15%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+3.2%), while the other leaders experienced mixed trends in the export price figures.

Imports of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases

Imports in SADC

In 2022, after two years of growth, there was significant decline in overseas purchases of fresh or chilled pig meat other than cuts or carcases, when their volume decreased by -47.8% to X tons. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 41%. As a result, imports reached the peak of X tons, and then reduced markedly in the following year.

In value terms, imports of fresh or chilled pig meat other than cuts or carcases declined notably to $X in 2022. Over the period under review, imports continue to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2021 with an increase of 55%. As a result, imports attained the peak of $X, and then fell rapidly in the following year.

Imports by Country

South Africa (X tons), Namibia (X tons) and Lesotho (X tons) represented roughly 64% of total imports in 2022. Angola (X tons) ranks next in terms of the total imports with a 10% share, followed by Democratic Republic of the Congo (9.5%) and Botswana (5.1%). Zambia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Democratic Republic of the Congo (with a CAGR of +18.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported fresh or chilled pig meat other than cuts or carcases in SADC, comprising 31% of total imports. The second position in the ranking was taken by Namibia ($X), with a 15% share of total imports. It was followed by Lesotho, with a 14% share.

In South Africa, imports of fresh or chilled pig meat other than cuts or carcases increased at an average annual rate of +2.0% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Namibia (-12.5% per year) and Lesotho (+0.0% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, which is down by -7% against the previous year. In general, the import price saw a pronounced setback. The growth pace was the most rapid in 2021 an increase of 10%. Over the period under review, import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Botswana ($X per ton), while Democratic Republic of the Congo ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Botswana (-0.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform