South Africa: Poultry-Keeping Machinery Market 2024

Poultry-Keeping Machinery Market Size in South Africa

The South African poultry-keeping machinery market skyrocketed to $X in 2022, jumping by 835% against the previous year. Overall, consumption, however, recorded a slight setback. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Poultry-Keeping Machinery Production in South Africa

In value terms, poultry-keeping machinery production rose slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2020 with an increase of 7% against the previous year. Poultry-keeping machinery production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Poultry-Keeping Machinery Exports

Exports from South Africa

In 2022, approx. X units of poultry-keeping machinery were exported from South Africa; with a decrease of -43.6% on 2021 figures. Over the period under review, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2015 when exports increased by 120%. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, poultry-keeping machinery exports fell remarkably to $X in 2022. Overall, exports continue to indicate a slight reduction. The most prominent rate of growth was recorded in 2021 with an increase of 79%. As a result, the exports attained the peak of $X, and then contracted rapidly in the following year.

Exports by Country

The United States (X units), Zimbabwe (X units) and Germany (X units) were the main destinations of poultry-keeping machinery exports from South Africa, together accounting for 33% of total exports.

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 States (with a CAGR of +26.8%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Zimbabwe ($X) and Germany ($X) appeared to be the largest markets for poultry-keeping machinery exported from South Africa worldwide, with a combined 33% share of total exports. Malaysia, the Netherlands, Italy, China, Swaziland, Namibia, Thailand, South Korea, Mexico and Spain lagged somewhat behind, together comprising a further 47%.

Namibia, with a CAGR of +38.9%, saw the highest growth rate of 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 2022, the average poultry-keeping machinery export price amounted to $X per unit, increasing by 13% against the previous year. In general, the export price continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2016 when the average export price increased by 438% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Namibia ($X per unit) and Thailand ($X per unit), while the average price for exports to Italy ($X per unit) and China ($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 Zimbabwe (+21.5%), while the prices for the other major destinations experienced more modest paces of growth.

Poultry-Keeping Machinery Imports

Imports into South Africa

In 2022, supplies from abroad of poultry-keeping machinery increased by 164% to X units, rising for the second consecutive year after two years of decline. Overall, imports, however, continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2018 when imports increased by 169%. Imports peaked at X units in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, poultry-keeping machinery imports skyrocketed to $X in 2022. In general, imports recorded a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of 204% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of poultry-keeping machinery to South Africa, with a 58% share of total imports. Moreover, poultry-keeping machinery imports from Germany exceeded the figures recorded by the second-largest supplier, the United States (X units), fourfold. China (X units) ranked third in terms of total imports with a 7.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at -5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-2.1% per year) and China (-3.0% per year).

In value terms, Germany ($X) constituted the largest supplier of poultry-keeping machinery to South Africa, comprising 58% of total imports. The second position in the ranking was taken by the United States ($X), with a 14% share of total imports. It was followed by China, with a 7.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +18.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+5.4% per year) and China (+18.0% per year).

Import Prices by Country

The average poultry-keeping machinery import price stood at $X per unit in 2022, with a decrease of -14.8% against the previous year. Overall, the import price, however, showed a prominent increase. The pace of growth appeared the most rapid in 2016 when the average import price increased by 1,225%. Over the period under review, average import prices reached the peak figure at $X per unit in 2021, and then declined in the following year.

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 ($X per unit) and China ($X per unit), while the price for Italy ($X per unit) and Spain ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (+354.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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