South Africa: Meat Dishes Market 2024

Meat Dishes Market Size in South Africa

The South African meat dishes market rose modestly to $X in 2022, picking up by 2% against the previous year. The market value increased at an average annual rate of +2.4% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Meat Dishes Production in South Africa

In value terms, meat dishes production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.3% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the production volume increased by 22% against the previous year. Meat dishes production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Meat Dishes Exports

Exports from South Africa

In 2022, the amount of meat dishes exported from South Africa dropped to X tons, falling by -11% compared with 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when exports increased by 26%. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, meat dishes exports fell to $X in 2022. The total export value increased at an average annual rate of +2.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 34%. As a result, the exports attained the peak of $X, and then contracted in the following year.

Exports by Country

Lesotho (X tons) was the main destination for meat dishes exports from South Africa, accounting for a 36% share of total exports. Moreover, meat dishes exports to Lesotho exceeded the volume sent to the second major destination, Namibia (X tons), twofold. Mozambique (X tons) ranked third in terms of total exports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to Lesotho stood at +1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (+1.0% per year) and Mozambique (+8.9% per year).

In value terms, the largest markets for meat dishes exported from South Africa were Lesotho ($X), Namibia ($X) and Botswana ($X), together comprising 52% of total exports. The United Arab Emirates, Mozambique, Swaziland, Zimbabwe and Zambia lagged somewhat behind, together comprising a further 29%.

The United Arab Emirates, with a CAGR of +17.2%, 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

The average meat dishes export price stood at $X per ton in 2022, growing by 6.4% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The growth pace was the most rapid in 2021 an increase of 22%. The export price peaked in 2022 and is expected to retain growth in the near future.

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 the United Arab Emirates ($X per ton), while the average price for exports to Lesotho ($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 Zimbabwe (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Meat Dishes Imports

Imports into South Africa

In 2022, approx. X tons of meat dishes were imported into South Africa; dropping by -2.7% compared with the previous year's figure. Over the period under review, imports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2017 when imports increased by 37%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, meat dishes imports declined remarkably to $X in 2022. In general, imports saw a deep setback. The growth pace was the most rapid in 2021 when imports increased by 36%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest meat dishes supplier to South Africa, with a 69% share of total imports. Moreover, meat dishes imports from Germany exceeded the figures recorded by the second-largest supplier, Brazil (X tons), fourfold. The third position in this ranking was taken by Namibia (X tons), with a 3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to +61.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-4.5% per year) and Namibia (-29.6% per year).

In value terms, Germany ($X) constituted the largest supplier of meat dishes to South Africa, comprising 55% of total imports. The second position in the ranking was held by Brazil ($X), with a 14% share of total imports. It was followed by Spain, with a 7.9% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +43.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-7.0% per year) and Spain (+6.7% per year).

Import Prices by Country

The average meat dishes import price stood at $X per ton in 2022, waning by -18.1% against the previous year. Overall, the import price saw a noticeable descent. The pace of growth appeared the most rapid in 2013 when the average import price increased by 32%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, 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 Italy ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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