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South Africa - Egg Products - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEgg Product Price in South Africa - 2023
Contents:
- Egg Product Price in South Africa (CIF) - 2023
- Egg Product Price in South Africa (FOB) - 2022
- Egg Product Imports in South Africa
- Egg Product Exports in South Africa
Egg Product Price in South Africa (CIF) - 2023
In July 2023, the average egg product import price amounted to $13,667 per ton, increasing by 16% against the previous month. In general, import price indicated a remarkable increase from July 2022 to July 2023: its price increased at an average monthly rate of +5.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, egg product import price increased by +10.4% against April 2023 indices. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 39% against the previous month. The import price peaked in July 2023.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Denmark ($14,347 per ton), while the price for the Netherlands ($13,280 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Egg Product Price in South Africa (FOB) - 2022
In 2022, the average egg product export price amounted to $1,849 per ton, rising by 148% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $4,307 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat 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 Angola ($10,906 per ton), while the average price for exports to Lesotho ($277 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 Mozambique (+19.7%), while the prices for the other major destinations experienced more modest paces of growth.
Egg Product Imports in South Africa
In 2022, approx. 575 tons of egg products were imported into South Africa; with a decrease of -27% on the previous year's figure. In general, total imports indicated a mild increase from 2019 to 2022: its volume increased at an average annual rate of +1.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +25.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 72% against the previous year. As a result, imports reached the peak of 787 tons, and then contracted rapidly in the following year.
In value terms, egg product imports contracted to $4.2M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +10.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 79%. As a result, imports reached the peak of $4.6M, and then fell in the following year.
Import of Egg Product in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 1,589 | 947 | 1,149 | 1,446 | -3.1% |
Italy | 298 | 579 | 829 | 1,016 | 50.5% |
Denmark | 390 | 365 | 1,495 | 985 | 36.2% |
France | 694 | 332 | 632 | 567 | -6.5% |
Argentina | 125 | 377 | 538 | 150 | 6.3% |
Others | 3.9 | 0.5 | 3.1 | 0.3 | -57.5% |
Total | 3,100 | 2,600 | 4,647 | 4,163 | 10.3% |
Top Suppliers of Egg Product to South Africa in 2022:
- Netherlands (247.8 tons)
- Italy (127.0 tons)
- Denmark (107.3 tons)
- France (71.7 tons)
- Argentina (20.8 tons)
Egg Product Exports in South Africa
Egg product exports from South Africa dropped markedly to 49 tons in 2022, with a decrease of -23.4% on 2021. Overall, exports showed a dramatic decrease. The most prominent rate of growth was recorded in 2021 with an increase of 30%.
In value terms, egg product exports surged to $90K in 2022. In general, exports showed a precipitous decline.
Export of Egg Product in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Nigeria | 7.6 | 0.5 | 3.4 | 25.6 | 49.9% |
Namibia | 0.4 | 0.2 | 0.3 | 18.6 | 259.6% |
Mozambique | 112 | 10.9 | 9.1 | 14.9 | -49.0% |
Saint Helena, Ascension and Tristan da Cunha | N/A | 0.2 | 2.4 | 11.6 | 661.6% |
Lesotho | 15.6 | 15.6 | 11.9 | 7.0 | -23.4% |
Zimbabwe | 0.1 | 0.4 | 12.1 | 2.0 | 171.4% |
United Arab Emirates | 22.8 | N/A | N/A | N/A | 0% |
Others | 32.3 | 3.2 | 8.4 | 10.9 | -30.4% |
Total | 191 | 31.0 | 47.6 | 90.5 | -22.0% |
Top Export Markets for Egg Product from South Africa in 2022:
- Lesotho (25.2 tons)
- Nigeria (7.2 tons)
- Namibia (6.9 tons)
- Saint Helena, Ascension and Tristan da Cunha (5.3 tons)
- Mozambique (1.9 tons)
- Zimbabwe (1.0 tons)
This report provides an in-depth analysis of the egg product market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10891230 - Egg products, fresh, dried, cooked by steaming or by boiling in water, moulded, frozen or otherwise preserved (excluding albumin, in the shell)
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the egg product market in South Africa.
This report provides an in-depth analysis of the global egg product market.
This report provides an in-depth analysis of the egg product market in South Africa.
This report provides an in-depth analysis of the global egg product market.
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