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South Africa - Frozen Pig Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSouth Africa: Market for Frozen Pig Meat Other Than Cuts Or Carcases 2024
Market Size for Frozen Pig Meat Other Than Cuts Or Carcases in South Africa
The South African market for frozen pig meat other than cuts or carcases shrank to $X in 2022, with a decrease of -5.5% against the previous year. The market value increased at an average annual rate of +1.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.
Production of Frozen Pig Meat Other Than Cuts Or Carcases in South Africa
In value terms, production of frozen pig meat other than cuts or carcases fell to $X in 2022 estimated in export price. Overall, the total production indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +4.6% against 2020 indices. The growth pace was the most rapid in 2018 with an increase of 43%. As a result, production reached the peak level of $X. From 2019 to 2022, production of growth remained at a somewhat lower figure.
Exports of Frozen Pig Meat Other Than Cuts Or Carcases
Exports from South Africa
For the third year in a row, South Africa recorded growth in overseas shipments of frozen pig meat other than cuts or carcases, which increased by 1.2% to X tons in 2022. Overall, exports showed a resilient expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 44%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of frozen pig meat other than cuts or carcases shrank to $X in 2022. In general, total exports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.0% against 2020 indices. The growth pace was the most rapid in 2017 when exports increased by 63%. The exports peaked at $X in 2021, and then declined in the following year.
Exports by Country
Mozambique (X tons) was the main destination for exports of frozen pig meat other than cuts or carcases from South Africa, with a 47% share of total exports. Moreover, exports of frozen pig meat other than cuts or carcases to Mozambique exceeded the volume sent to the second major destination, Namibia (X tons), threefold. The third position in this ranking was held by Lesotho (X tons), with a 13% share.
From 2012 to 2022, the average annual growth rate of volume to Mozambique amounted to +42.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (+5.0% per year) and Lesotho (+19.3% per year).
In value terms, Mozambique ($X) emerged as the key foreign market for frozen pig meat other than cuts or carcases exports from South Africa, comprising 50% of total exports. The second position in the ranking was held by Namibia ($X), with a 13% share of total exports. It was followed by Zimbabwe, with a 12% share.
From 2012 to 2022, the average annual growth rate of value to Mozambique amounted to +39.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (-0.1% per year) and Zimbabwe (+5.7% per year).
Export Prices by Country
In 2022, the average export price for frozen pig meat other than cuts or carcases amounted to $X per ton, reducing by -6.1% against the previous year. Over the period under review, the export price showed a noticeable downturn. The pace of growth appeared the most rapid in 2021 when the average export price increased by 32%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Malawi ($X per ton), while the average price for exports to Namibia ($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 Spain (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Frozen Pig Meat Other Than Cuts Or Carcases
Imports into South Africa
In 2022, imports of frozen pig meat other than cuts or carcases into South Africa shrank to X tons, with a decrease of -10.3% compared with the previous year. In general, imports showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2015 when imports increased by 67% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of frozen pig meat other than cuts or carcases dropped markedly to $X in 2022. Over the period under review, imports showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 61%. Over the period under review, imports of reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.
Imports by Country
Brazil (X tons), the UK (X tons) and Spain (X tons) were the main suppliers of imports of frozen pig meat other than cuts or carcases to South Africa, with a combined 69% share of total imports.
From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of +73.7%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest frozen pig meat other than cuts or carcases suppliers to South Africa were Brazil ($X), Spain ($X) and the UK ($X), with a combined 68% share of total imports.
Brazil, with a CAGR of +66.0%, saw the highest rates of growth with regard to the value of imports, among the main suppliers 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 import price for frozen pig meat other than cuts or carcases amounted to $X per ton, waning by -17.5% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 23%. The import price peaked at $X per ton in 2021, and then reduced rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for frozen pig meat other than cuts or carcases 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 10113290 - Frozen pig meat (excluding carcases and half-carcases, h ams, shoulders and cuts thereof with bone in)
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
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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
- COUNTRIES WITH TOP YIELDS
- 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, PRODUCING ANIMALS AND YIELD
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
- Yield 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
- Producing Animals Slaughtered, 2012–2023
- Yield, 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
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