South Africa: Market for Sheep And Goat Meat 2022

Market Size for Sheep And Goat Meat in South Africa

The South African sheep and goat meat market expanded remarkably to $X in 2021, increasing by X% against the previous year. The market value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Sheep And Goat Meat in South Africa

In value terms, sheep and goat meat production expanded sharply to $X in 2021 estimated in export price. Overall, the total production indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2019 indices. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

In 2021, the average sheep and goat meat yield in South Africa shrank to X kg per head, falling by -X% on 2020. Over the period under review, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the average sheep and goat meat yield reached the peak level at X kg per head in 2012; however, from 2013 to 2021, the yield failed to regain momentum.

In 2021, approx. X heads of animals slaughtered for sheep and goat meat production in South Africa; stabilizing at 2020 figures. This number increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the number of producing animals increased by X%. Over the period under review, this number hit record highs in 2021 and is likely to see steady growth in the near future.

Exports of Sheep And Goat Meat

Exports from South Africa

Sheep and goat meat exports from South Africa shrank remarkably to X tons in 2021, with a decrease of -X% against the previous year. In general, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, sheep and goat meat exports declined sharply to $X in 2021. Over the period under review, exports showed a abrupt contraction. The pace of growth was the most pronounced in 2020 when exports increased by X%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Qatar (X tons) was the main destination for sheep and goat meat exports from South Africa, with a X% share of total exports. Moreover, sheep and goat meat exports to Qatar exceeded the volume sent to the second major destination, Bahrain (X tons), threefold. Seychelles (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Qatar stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (+X% per year) and Seychelles (+X% per year).

In value terms, the largest markets for sheep and goat meat exported from South Africa were Qatar ($X), Bahrain ($X) and Seychelles ($X), with a combined X% share of total exports. Gabon, Ethiopia, Lesotho and Tanzania lagged somewhat behind, together comprising a further X the main countries of destination, Tanzania, with a CAGR of +X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average sheep and goat meat export price stood at $X per ton in 2021, with a decrease of -X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2019 an increase of X%. The export price peaked at $X per ton in 2020, and then contracted in the following year.

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

Imports of Sheep And Goat Meat

Imports into South Africa

After three years of decline, purchases abroad of sheep and goat meat increased by X% to X tons in 2021. In general, imports, however, showed a deep downturn. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, sheep and goat meat imports surged to $X in 2021. Overall, imports, however, showed a mild setback. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Australia (X tons) was the main sheep and goat meat supplier to South Africa, accounting for a X% share of total imports. Moreover, sheep and goat meat imports from Australia exceeded the figures recorded by the second-largest supplier, Namibia (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Australia stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Namibia (X% per year) and Germany (+X% per year).

In value terms, Australia ($X) constituted the largest supplier of sheep and goat meat to South Africa, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Australia amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Namibia (X% per year).

Import Prices by Country

In 2021, the average sheep and goat meat import price amounted to $X per ton, waning by -X% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sheep and goat meat import price increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton, and then fell sharply in the following year.

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

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

Source: IndexBox Platform