SADC: Milk Market 2024

Milk Market Size in SADC

The SADC milk market stood at $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Milk Production in SADC

In value terms, milk production rose significantly to $X in 2022 estimated in export price. Overall, production, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth 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 X% of total production.

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

Milk Exports

Exports in SADC

In 2022, shipments abroad of milk decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2021, and then reduced in the following year.

In value terms, milk exports declined to $X in 2022. Over the period under review, exports saw a mild slump. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa prevails in exports structure, finishing at X tons, which was near X% of total exports in 2022. It was distantly followed by Zambia (X tons), generating a X% share of total exports.

South Africa experienced a relatively flat trend pattern with regard to volume of exports of milk. At the same time, Zambia (X%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Zambia increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest milk supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Zambia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa amounted to X%.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, reducing by X% against the previous year. Overall, the export price continues to indicate a slight downturn. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Zambia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Milk Imports

Imports in SADC

In 2022, milk imports in SADC reduced to X tons, which is down by X% against 2021 figures. Total imports indicated notable growth from 2012 to 2022: its volume 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, imports decreased by X% against 2015 indices. The pace of growth appeared the most rapid in 2014 with an increase of X%. The volume of import peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, milk imports reduced markedly to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

Botswana represented the main importing country with an import of around X tons, which amounted to X% of total imports. Lesotho (X tons) took the second position in the ranking, followed by Angola (X tons), Swaziland (X tons), Mozambique (X tons) and Namibia (X tons). All these countries together took near X% share of total imports. Democratic Republic of the Congo (X tons) and Seychelles (X tons) held a little share of total imports.

Imports into Botswana increased at an average annual rate of X% from 2012 to 2022. At the same time, Mozambique (X%), Seychelles (X%), Democratic Republic of the Congo (X%), Swaziland (X%) and Namibia (X%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. Lesotho experienced a relatively flat trend pattern. By contrast, Angola (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Botswana, Mozambique, Swaziland and Seychelles increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest milk importing markets in SADC were Botswana ($X), Lesotho ($X) and Namibia ($X), with a combined X% share of total imports. Swaziland, Mozambique, Angola, Democratic Republic of the Congo and Seychelles lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Seychelles, with a CAGR of X%, 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, falling by X% against the previous year. Over the period under review, the import price continues to indicate a perceptible decrease. The pace of growth was the most pronounced in 2016 an increase of X%. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 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 Namibia ($X per ton), while Botswana ($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 (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform