South Africa: Frozen Poultry Liver Market 2024

Frozen Poultry Liver Market Size in South Africa

The South African frozen poultry liver market reduced sharply to $X in 2022, with a decrease of -36.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a abrupt decrease. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Frozen Poultry Liver Exports

Exports from South Africa

In 2022, the amount of frozen poultry livers and offal exported from South Africa soared to X tons, jumping by 22% on 2021 figures. Over the period under review, exports, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 28%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, frozen poultry liver exports skyrocketed to $X in 2022. In general, exports, however, recorded a deep reduction. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Lesotho (X tons), Mozambique (X tons) and Namibia (X tons) were the main destinations of frozen poultry liver exports from South Africa, together comprising 85% of total exports. Botswana, the United Arab Emirates, Swaziland and Zimbabwe lagged somewhat behind, together comprising a further 9.8%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of +290.9%), while the other leaders experienced more modest paces of growth.

In value terms, Mozambique ($X), Lesotho ($X) and Namibia ($X) appeared to be the largest markets for frozen poultry liver exported from South Africa worldwide, with a combined 82% share of total exports. Botswana, the United Arab Emirates, Swaziland and Zimbabwe lagged somewhat behind, together comprising a further 12%.

The United Arab Emirates, with a CAGR of +330.5%, recorded the highest rates of growth with regard to 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

In 2022, the average frozen poultry liver export price amounted to $X per ton, with a decrease of -1.7% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 26%. The export price peaked at $X per ton in 2021, and then contracted slightly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Zimbabwe ($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 the United Arab Emirates (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Poultry Liver Imports

Imports into South Africa

In 2022, approx. X tons of frozen poultry livers and offal were imported into South Africa; falling by -24% on the year before. In general, imports recorded a noticeable descent. The most prominent rate of growth was recorded in 2016 with an increase of 23%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, frozen poultry liver imports shrank dramatically to $X in 2022. Over the period under review, imports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2017 when imports increased by 19% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Brazil (X tons) constituted the largest frozen poultry liver supplier to South Africa, accounting for a 58% share of total imports. Moreover, frozen poultry liver imports from Brazil exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. Argentina (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil totaled +2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+15.6% per year) and Argentina (+4.5% per year).

In value terms, the largest frozen poultry liver suppliers to South Africa were Brazil ($X), the United States ($X) and Argentina ($X), together comprising 95% of total imports.

The United States, with a CAGR of +10.3%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average frozen poultry liver import price stood at $X per ton in 2022, falling by -16.2% against the previous year. In general, the import price saw a deep downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by 24%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Canada ($X per ton) and Argentina ($X per ton), while the price for Brazil ($X per ton) and the United States ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+0.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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