South Africa: Market for Prepared Dishes And Meals 2024

Market Size for Prepared Dishes And Meals in South Africa

In 2021, the South African prepared dish and meal market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. Overall, consumption, however, showed a pronounced slump. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Prepared Dishes And Meals in South Africa

In value terms, prepared dish and meal production contracted to $X in 2021 estimated in export price. Overall, production, however, saw a perceptible slump. The most prominent rate of growth was recorded in 2017 with an increase of 9.5% against the previous year. Prepared dish and meal production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Prepared Dishes And Meals

Exports from South Africa

In 2021, overseas shipments of prepared dishes and meals decreased by -19.4% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 15% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, prepared dish and meal exports declined to $X in 2021. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 17%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Zimbabwe (X tons), Botswana (X tons) and Namibia (X tons) were the main destinations of prepared dish and meal exports from South Africa, with a combined 50% share of total exports. These countries were followed by Mozambique, Zambia, Malawi, Swaziland, Lesotho, Kenya, the UK, Nigeria and Angola, which together accounted for a further 38%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kenya (with a CAGR of +8.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for prepared dish and meal exported from South Africa were Zimbabwe ($X), Mozambique ($X) and Botswana ($X), with a combined 40% share of total exports.

Mozambique, with a CAGR of +5.6%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average prepared dish and meal export price stood at $X per ton in 2021, rising by 13% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 19%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Botswana ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Dishes And Meals

Imports into South Africa

In 2021, approx. X tons of prepared dishes and meals were imported into South Africa; with an increase of 8.1% on the previous year's figure. Over the period under review, total imports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +6.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -10.2% against 2019 indices. The pace of growth appeared the most rapid in 2019 when imports increased by 38%. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, prepared dish and meal imports surged to $X in 2021. The total import value increased at an average annual rate of +3.0% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X tons), Germany (X tons) and Poland (X tons) were the main suppliers of prepared dish and meal imports to South Africa, with a combined 44% share of total imports. These countries were followed by Italy, Belgium, China, the UK, the United States, Denmark, Malaysia, France, India and Thailand, which together accounted for a further 43%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (with a CAGR of +39.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and the Netherlands ($X) constituted the largest prepared dish and meal suppliers to South Africa, together accounting for 40% of total imports. These countries were followed by Italy, Poland, the UK, France, Denmark, China, India, Belgium, Malaysia and Thailand, which together accounted for a further 42%.

Among the main suppliers, Malaysia, with a CAGR of +23.0%, recorded the highest rates of growth with regard to 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 2021, the average prepared dish and meal import price amounted to $X per ton, surging by 7.5% against the previous year. In general, the import price, however, recorded a pronounced descent. The growth pace was the most rapid in 2020 an increase of 20%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, 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 ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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