South Africa: Cheese And Curd Market 2024

Cheese And Curd Market Size in South Africa

In 2022, the South African cheese and curd market decreased by -3.3% to $X, falling for the fourth year in a row after two years of growth. In general, consumption saw a pronounced slump. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Cheese And Curd Production in South Africa

In value terms, cheese and curd production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, showed a mild contraction. The most prominent rate of growth was recorded in 2018 when the production volume increased by 75% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Cheese And Curd Exports

Exports from South Africa

For the third consecutive year, South Africa recorded growth in shipments abroad of cheese and curd, which increased by 12% to X tons in 2022. The total export volume increased at an average annual rate of +1.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, cheese and curd exports expanded significantly to $X in 2022. Over the period under review, total exports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +42.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 31%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Namibia (X tons), Botswana (X tons) and Mozambique (X tons) were the main destinations of cheese and curd exports from South Africa, together comprising 51% of total exports. Zambia, Zimbabwe, Swaziland, Saudi Arabia, Lesotho, Mauritius and Democratic Republic of the Congo lagged somewhat behind, together comprising a further 39%.

From 2012 to 2022, the biggest increases were recorded for Mauritius (with a CAGR of +27.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Namibia ($X) remains the key foreign market for cheese and curd exports from South Africa, comprising 27% of total exports. The second position in the ranking was held by Botswana ($X), with a 13% share of total exports. It was followed by Mozambique, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Namibia stood at +3.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Botswana (+1.5% per year) and Mozambique (+5.3% per year).

Export Prices by Country

In 2022, the average cheese and curd export price amounted to $X per ton, declining by -3.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.7%. The pace of growth appeared the most rapid in 2013 when the average export price increased by 33%. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Lesotho ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.

Cheese And Curd Imports

Imports into South Africa

In 2022, the amount of cheese and curd imported into South Africa reduced to X tons, waning by -11% on 2021 figures. Overall, imports saw a abrupt setback. The pace of growth appeared the most rapid in 2015 when imports increased by 30%. Over the period under review, imports attained the peak figure at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, cheese and curd imports expanded slightly to $X in 2022. In general, imports saw a perceptible reduction. The most prominent rate of growth was recorded in 2014 when imports increased by 22% against the previous year. 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

New Zealand (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of cheese and curd imports to South Africa, with a combined 65% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by New Zealand (with a CAGR of +7.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, New Zealand ($X), Italy ($X) and Germany ($X) were the largest cheese and curd suppliers to South Africa, together comprising 62% of total imports.

In terms of the main suppliers, New Zealand, with a CAGR of +8.5%, saw 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

In 2022, the average cheese and curd import price amounted to $X per ton, rising by 14% against the previous year. Overall, the import price continues to indicate a mild increase. The most prominent rate of growth was recorded in 2017 an increase of 19% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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