South Africa: Canned Food Market 2024

Canned Food Market Size in South Africa

The South African canned food market stood at $X in 2021, remaining stable against the previous year. Overall, the total consumption indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -2.2% against 2019 indices. Canned food consumption peaked at $X in 2019; afterwards, it flattened through to 2021.

Canned Food Production in South Africa

In value terms, canned food production stood at $X in 2021 estimated in export price. Over the period under review, the total production indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -1.3% against 2019 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by 16% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; afterwards, it flattened through to 2021.

Canned Food Exports

Exports from South Africa

In 2021, overseas shipments of canned food increased by 1% to X tons, rising for the second year in a row after two years of decline. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 13% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, canned food exports surged to $X in 2021. The total export value increased at an average annual rate of +3.8% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when exports increased by 26% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Mozambique (X tons), Botswana (X tons) and Namibia (X tons) were the main destinations of canned food exports from South Africa, together accounting for 49% of total exports. These countries were followed by Swaziland, Lesotho, Germany, Zimbabwe, Zambia, the United States, Poland, Sudan, the Netherlands and the UK, which together accounted for a further 37%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +63.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Mozambique ($X), Botswana ($X) and Namibia ($X) were the largest markets for canned food exported from South Africa worldwide, together accounting for 50% of total exports. These countries were followed by Germany, Zambia, Swaziland, Lesotho, Zimbabwe, the United States, Poland, the UK, the Netherlands and Sudan, which together accounted for a further 35%.

Poland, with a CAGR of +55.5%, saw the highest rates of growth with regard to the value of exports, in terms of 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 2021, the average canned food export price amounted to $X per ton, surging by 17% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.1%. The most prominent rate of growth was recorded in 2013 an increase of 21%. The export price peaked in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per ton), while the average price for exports to Sudan ($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 Botswana (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Canned Food Imports

Imports into South Africa

In 2021, approx. X tons of canned food were imported into South Africa; waning by -2.5% on the year before. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by 44% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, canned food imports rose notably to $X in 2021. In general, imports continue to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 27% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Italy (X tons) constituted the largest supplier of canned food to South Africa, accounting for a 46% share of total imports. Moreover, canned food imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold. China (X tons) ranked third in terms of total imports with an 8.9% share.

From 2012 to 2021, the average annual growth rate of volume from Italy stood at +3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+10.8% per year) and China (+3.7% per year).

In value terms, the largest canned food suppliers to South Africa were Italy ($X), Germany ($X) and Swaziland ($X), with a combined 61% share of total imports. France, Spain, China, the Netherlands, Zimbabwe, Brazil, Zambia, Thailand, Indonesia and Poland lagged somewhat behind, together accounting for a further 26%.

Indonesia, with a CAGR of +348.5%, recorded the highest growth rate of the value of imports, among the main suppliers 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 canned food import price amounted to $X per ton, increasing by 11% against the previous year. Over the period under review, the import price, however, continues to indicate a mild descent. The most prominent rate of growth was recorded in 2018 an increase of 15%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Swaziland ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Swaziland (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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