SADC: Meat-Preparation Industrial Machinery Market 2024

Meat-Preparation Industrial Machinery Market Size in SADC

The SADC meat-preparation industrial machinery market rose slightly to $X in 2022, growing by 1.5% against the previous year. Over the period under review, consumption enjoyed notable growth. 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.

Meat-Preparation Industrial Machinery Production in SADC

In value terms, meat-preparation industrial machinery production expanded notably to $X in 2022 estimated in export price. In general, production saw buoyant growth. The pace of growth appeared the most rapid in 2016 with an increase of 98% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Meat-Preparation Industrial Machinery Exports

Exports in SADC

In 2022, shipments abroad of industrial machinery for the preparation of meat or poultry increased by 60% to X units, rising for the second consecutive year after three years of decline. Over the period under review, exports enjoyed noticeable growth. The pace of growth was the most pronounced in 2014 with an increase of 93%. The volume of export peaked at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, meat-preparation industrial machinery exports skyrocketed to $X in 2022. In general, exports continue to indicate measured growth. The most prominent rate of growth was recorded in 2014 when exports increased by 78%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The biggest shipments were from South Africa (X units), together finishing at 99% of total export.

South Africa was also the fastest-growing in terms of the industrial machinery for the preparation of meat or poultry exports, with a CAGR of +4.0% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest meat-preparation industrial machinery supplier in SADC.

From 2012 to 2022, the average annual growth rate of value in South Africa stood at +3.2%.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per unit, dropping by -21% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the export price increased by 40%. Over the period under review, the export prices attained the maximum at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to -0.7% per year.

Meat-Preparation Industrial Machinery Imports

Imports in SADC

In 2022, the amount of industrial machinery for the preparation of meat or poultry imported in SADC skyrocketed to X units, picking up by 40% on the previous year's figure. Overall, imports, however, recorded a mild decrease. The pace of growth appeared the most rapid in 2021 with an increase of 69% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, meat-preparation industrial machinery imports soared to $X in 2022. In general, imports, however, continue to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 49%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

South Africa was the key importing country with an import of about X units, which accounted for 66% of total imports. It was distantly followed by Botswana (X units), Angola (X units) and Mozambique (X units), together comprising a 22% share of total imports. The following importers - Namibia (X units), Democratic Republic of the Congo (X units) and Mauritius (X units) - each recorded a 6% share of total imports.

Imports into South Africa decreased at an average annual rate of -3.5% from 2012 to 2022. At the same time, Botswana (+23.1%), Angola (+9.3%) and Namibia (+3.2%) displayed positive paces of growth. Moreover, Botswana emerged as the fastest-growing importer imported in SADC, with a CAGR of +23.1% from 2012-2022. By contrast, Mauritius (-3.0%), Democratic Republic of the Congo (-6.6%) and Mozambique (-6.7%) illustrated a downward trend over the same period. Botswana (+11 p.p.) and Angola (+3.5 p.p.) significantly strengthened its position in terms of the total imports, while Mozambique and South Africa saw its share reduced by -3.3% and -15.1% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported industrial machinery for the preparation of meat or poultry in SADC, comprising 68% of total imports. The second position in the ranking was held by Angola ($X), with a 9.8% share of total imports. It was followed by Namibia, with a 3.5% share.

In South Africa, meat-preparation industrial machinery imports plunged by an average annual rate of -4.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Angola (-0.3% per year) and Namibia (-9.1% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per unit, shrinking by -6.6% against the previous year. Overall, the import price showed a perceptible decrease. The growth pace was the most rapid in 2014 an increase of 47% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2015; however, from 2016 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 Angola ($X per unit), while Botswana ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mozambique (+6.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform