South Africa: Meat-Preparation Industrial Machinery Market 2024

Meat-Preparation Industrial Machinery Market Size in South Africa

The South African meat-preparation industrial machinery market surged to $X in 2022, growing by 56% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in years to come.

Meat-Preparation Industrial Machinery Production in South Africa

In value terms, meat-preparation industrial machinery production soared to $X in 2022 estimated in export price. In general, production enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 2,022%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Meat-Preparation Industrial Machinery Exports

Exports from South Africa

In 2022, shipments abroad of industrial machinery for the preparation of meat or poultry increased by 60% to X units, rising for the second consecutive year after three years of decline. In general, exports enjoyed a pronounced expansion. The growth pace was the most rapid in 2014 when exports increased by 96% against the previous year. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, meat-preparation industrial machinery exports skyrocketed to $X in 2022. Over the period under review, exports posted a tangible expansion. The growth pace was the most rapid in 2014 with an increase of 94%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Namibia (X units) was the main destination for meat-preparation industrial machinery exports from South Africa, accounting for a 55% share of total exports. Moreover, meat-preparation industrial machinery exports to Namibia exceeded the volume sent to the second major destination, Zambia (X units), fourfold. Portugal (X units) ranked third in terms of total exports with a 6.2% share.

From 2012 to 2022, the average annual growth rate of volume to Namibia totaled +9.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (-1.5% per year) and Portugal (+114.6% per year).

In value terms, the largest markets for meat-preparation industrial machinery exported from South Africa were Zambia ($X), Botswana ($X) and Namibia ($X), with a combined 45% share of total exports. Zimbabwe, Portugal, Poland and Mozambique lagged somewhat behind, together accounting for a further 20%.

Poland, with a CAGR of +828.0%, saw 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

The average meat-preparation industrial machinery export price stood at $X per unit in 2022, with a decrease of -21.1% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 37%. Over the period under review, the average export prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

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 Botswana ($X per unit), while the average price for exports to Namibia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+156.3%), while the prices for the other major destinations experienced more modest paces of growth.

Meat-Preparation Industrial Machinery Imports

Imports into South Africa

In 2022, approx. X units of industrial machinery for the preparation of meat or poultry were imported into South Africa; jumping by 49% compared with the previous year. Over the period under review, imports, however, continue to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 105%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, meat-preparation industrial machinery imports surged to $X in 2022. In general, imports, however, recorded a perceptible descent. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), the United States (X units) and Italy (X units) were the main suppliers of meat-preparation industrial machinery imports to South Africa, with a combined 88% share of total imports. Brazil, Spain, Germany, Bulgaria, the Netherlands and Taiwan (Chinese) lagged somewhat behind, together comprising a further 8.9%.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of +44.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and the United States ($X) appeared to be the largest meat-preparation industrial machinery suppliers to South Africa, together comprising 61% of total imports. China, Spain, Italy, Bulgaria, Brazil and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 16%.

In terms of the main suppliers, Bulgaria, with a CAGR of +37.8%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average meat-preparation industrial machinery import price stood at $X per unit in 2022, growing by 13% against the previous year. In general, the import price, however, recorded a slight setback. The most prominent rate of growth was recorded in 2015 an increase of 41% against the previous year. As a result, import price reached the peak level of $X per unit. From 2016 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+40.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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