South Africa: Poultry Incubator Market 2024

Poultry Incubator Market Size in South Africa

The South African poultry incubator market fell modestly to $X in 2022, declining by -2.7% against the previous year. Over the period under review, consumption saw a abrupt shrinkage. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Poultry Incubator Production in South Africa

In value terms, poultry incubator production contracted to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt downturn. The most prominent rate of growth was recorded in 2016 with an increase of 45%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Poultry Incubator Exports

Exports from South Africa

In 2022, the amount of poultry incubators and brooders exported from South Africa shrank remarkably to X units, falling by -26.6% compared with 2021. In general, exports showed a deep contraction. The pace of growth was the most pronounced in 2021 when exports increased by 126%. Over the period under review, the exports reached the peak figure at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, poultry incubator exports contracted significantly to $X in 2022. Over the period under review, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 339% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Zimbabwe (X units) was the main destination for poultry incubator exports from South Africa, accounting for a 52% share of total exports. Moreover, poultry incubator exports to Zimbabwe exceeded the volume sent to the second major destination, the United States (X units), fourfold. The United Arab Emirates (X units) ranked third in terms of total exports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume to Zimbabwe amounted to +6.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+51.6% per year) and the United Arab Emirates (+19.6% per year).

In value terms, Zimbabwe ($X) remains the key foreign market for poultry incubators and brooders exports from South Africa, comprising 51% of total exports. The second position in the ranking was held by the United States ($X), with a 14% share of total exports. It was followed by the United Arab Emirates, with a 9.9% share.

From 2012 to 2022, the average annual growth rate of value to Zimbabwe amounted to +15.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+45.7% per year) and the United Arab Emirates (+37.5% per year).

Export Prices by Country

The average poultry incubator export price stood at $X per unit in 2022, growing by 15% against the previous year. Overall, the export price showed a strong expansion. The growth pace was the most rapid in 2016 when the average export price increased by 191% against the previous year. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Mozambique ($X per unit) and the United States ($X per unit), while the average price for exports to Seychelles ($X per unit) and Democratic Republic of the Congo ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saint Helena, Ascension and Tristan da Cunha (+2,431.3%), while the prices for the other major destinations experienced more modest paces of growth.

Poultry Incubator Imports

Imports into South Africa

In 2022, supplies from abroad of poultry incubators and brooders increased by 39% to X units, rising for the second consecutive year after two years of decline. In general, imports, however, continue to indicate a deep slump. The growth pace was the most rapid in 2015 when imports increased by 1,146% against the previous year. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, poultry incubator imports surged to $X in 2022. Over the period under review, imports, however, recorded a perceptible decline. The pace of growth was the most pronounced in 2015 with an increase of 822% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The Netherlands (X units), the UK (X units) and China (X units) were the main suppliers of poultry incubator imports to South Africa, with a combined 79% share of total imports. These countries were followed by Belgium, Germany, Brazil and the United States, which together accounted for a further 20%.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +11.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest poultry incubator suppliers to South Africa were the Netherlands ($X), the UK ($X) and China ($X), together accounting for 79% of total imports.

In terms of the main suppliers, China, with a CAGR of +21.0%, 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 2022, the average poultry incubator import price amounted to $X per unit, growing by 13% against the previous year. Overall, the import price posted a remarkable increase. The growth pace was the most rapid in 2016 an increase of 74%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($X per unit) and Brazil ($X per unit), while the price for China ($X per unit) and the UK ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+28.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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