SADC: Frozen Chicken Cut Market 2024

Frozen Chicken Cut Market Size in SADC

The SADC frozen chicken cut market fell to $X in 2022, declining by -10.4% against the previous year. Over the period under review, consumption continues to indicate a slight curtailment. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Frozen Chicken Cut Production in SADC

In value terms, frozen chicken cut production reduced to $X in 2022 estimated in export price. In general, production recorded a mild setback. The pace of growth appeared the most rapid in 2017 when the production volume increased by 26% against the previous year. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were Tanzania (X tons), Democratic Republic of the Congo (X tons) and Madagascar (X tons), together accounting for 60% of total production. Mozambique, Zimbabwe, Malawi and Zambia lagged somewhat behind, together comprising a further 35%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Zimbabwe (with a CAGR of +7.8%), while production for the other leaders experienced more modest paces of growth.

Frozen Chicken Cut Exports

Exports in SADC

In 2022, shipments abroad of frozen cuts of chicken decreased by -7.6% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, exports saw a perceptible descent. The pace of growth appeared the most rapid in 2019 when exports increased by 26%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, frozen chicken cut exports rose significantly to $X in 2022. Over the period under review, exports, however, saw a modest expansion. The pace of growth appeared the most rapid in 2019 with an increase of 23% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the near future.

Exports by Country

South Africa represented the major exporter of frozen cuts of chicken in SADC, with the volume of exports accounting for X tons, which was approx. 67% of total exports in 2022. It was distantly followed by Namibia (X tons) and Zambia (X tons), together mixing up a 32% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to frozen chicken cut exports from South Africa stood at -6.5%. At the same time, Zambia (+72.4%) and Namibia (+12.9%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest-growing exporter exported in SADC, with a CAGR of +72.4% from 2012-2022. While the share of Zambia (+15 p.p.) and Namibia (+13 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (-28.6 p.p.) displayed negative dynamics.

In value terms, South Africa ($X), Namibia ($X) and Zambia ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for 100% of total exports.

Among the main exporting countries, Zambia, with a CAGR of +60.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, picking up by 20% against the previous year. Export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen chicken cut export price increased by +22.3% against 2018 indices. The most prominent rate of growth was recorded in 2017 an increase of 24%. The level of export peaked in 2022 and is likely to continue growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (+15.0%), while the other leaders experienced mixed trends in the export price figures.

Frozen Chicken Cut Imports

Imports in SADC

Frozen chicken cut imports shrank to X tons in 2022, declining by -12.4% compared with the previous year's figure. The total import volume increased at an average annual rate of +1.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 with an increase of 21% against the previous year. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, frozen chicken cut imports shrank dramatically to $X in 2022. In general, imports saw a perceptible curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 54% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

The purchases of the three major importers of frozen cuts of chicken, namely Angola, Democratic Republic of the Congo and South Africa, represented more than two-thirds of total import. It was distantly followed by Mozambique (X tons), constituting a 5.9% share of total imports. The following importers - Namibia (X tons), Comoros (X tons) and Zambia (X tons) - together made up 10% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Zambia (with a CAGR of +36.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen chicken cut importing markets in SADC were Angola ($X), Democratic Republic of the Congo ($X) and South Africa ($X), with a combined 75% share of total imports. Namibia, Mozambique, Comoros and Zambia lagged somewhat behind, together accounting for a further 20%.

Among the main importing countries, Zambia, with a CAGR of +33.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, which is down by -3.9% against the previous year. In general, the import price continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2017 an increase of 33%. 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 Namibia ($X per ton), while Zambia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform