South Africa - Frozen Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Frozen Pig Meat Other than Cuts or Carcases in South Africa - 2023
Contents:
- Price for Frozen Pig Meat Other than Cuts or Carcases in South Africa (CIF) - 2023
- Price for Frozen Pig Meat Other than Cuts or Carcases in South Africa (FOB) - 2023
- Imports of Frozen Pig Meat Other than Cuts or Carcases in South Africa
- Exports of Frozen Pig Meat Other than Cuts or Carcases in South Africa
Price for Frozen Pig Meat Other than Cuts or Carcases in South Africa (CIF) - 2023
In November 2023, the average import price for frozen pig meat other than cuts or carcases amounted to $2,503 per ton, increasing by 3.1% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 15% month-to-month. As a result, import price reached the peak level of $2,969 per ton. From July 2023 to November 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Ireland ($3,643 per ton), while the price for the Netherlands ($1,676 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the UK (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Pig Meat Other than Cuts or Carcases in South Africa (FOB) - 2023
The average export price for frozen pig meat other than cuts or carcases stood at $2,882 per ton in November 2023, increasing by 9.3% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +2.7%. The pace of growth was the most pronounced in December 2022 an increase of 54% against the previous month. As a result, the export price attained the peak level of $3,212 per ton. From January 2023 to November 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was Namibia ($3,829 per ton), while the average price for exports to Lesotho ($1,932 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (+10.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Frozen Pig Meat Other than Cuts or Carcases in South Africa
In 2022, the amount of frozen pig meat other than cuts or carcases imported into South Africa declined to 20K tons, which is down by -10.3% compared with the previous year. Overall, imports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 48% against the previous year.
In value terms, imports of frozen pig meat other than cuts or carcases shrank sharply to $50M in 2022. In general, imports saw a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 61% against the previous year. As a result, imports reached the peak of $67M, and then reduced notably in the following year.
Import of Frozen Pig Meat Other than Cuts or Carcases in South Africa (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 10.4 | 8.2 | 21.7 | 17.6 | 19.2% |
Spain | 9.8 | 1.7 | 5.0 | 9.0 | -2.8% |
United Kingdom | 3.0 | 2.5 | 9.9 | 7.2 | 33.9% |
Netherlands | 1.0 | 5.7 | 13.9 | 6.2 | 83.7% |
Ireland | 0.2 | 1.5 | 2.0 | 4.2 | 175.9% |
France | 3.7 | 3.5 | 3.9 | 3.0 | -6.8% |
Belgium | N/A | N/A | 0.1 | 1.3 | 1200.0% |
Germany | 30.8 | 15.8 | 0.1 | N/A | -94.3% |
Canada | 1.9 | 0.3 | 3.0 | N/A | 25.7% |
Others | 0.5 | 2.7 | 7.6 | 1.4 | 40.9% |
Total | 61.2 | 41.8 | 67.2 | 49.8 | -6.6% |
Top Suppliers of Frozen Pig Meat Other than Cuts or Carcases to South Africa in 2022:
- Brazil (5.9K tons)
- United Kingdom (4.0K tons)
- Spain (3.9K tons)
- Netherlands (2.4K tons)
- Ireland (1.9K tons)
- France (1.2K tons)
- Belgium (0.4K tons)
Exports of Frozen Pig Meat Other than Cuts or Carcases in South Africa
In 2022, approx. 4.9K tons of frozen pig meat other than cuts or carcases were exported from South Africa; approximately mirroring the year before. The total export volume increased at an average annual rate of +8.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 14% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of frozen pig meat other than cuts or carcases fell modestly to $13M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +10.2% over the last three-year period. 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 2021 with an increase of 50%. As a result, the exports attained the peak of $14M, and then dropped in the following year.
Export of Frozen Pig Meat Other than Cuts or Carcases in South Africa (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mozambique | 2.8 | 3.4 | 3.2 | 6.5 | 32.4% |
Namibia | 3.2 | 2.0 | 3.9 | 1.7 | -19.0% |
Zimbabwe | N/A | 0.1 | 2.9 | 1.6 | 300.0% |
Lesotho | 1.5 | 1.1 | 1.0 | 1.4 | -2.3% |
Malawi | N/A | N/A | 0.2 | 0.4 | 100.0% |
Democratic Republic of the Congo | 0.2 | 0.3 | 0.5 | 0.3 | 14.5% |
Spain | N/A | N/A | N/A | 0.3 | 0% |
Botswana | 1.4 | 0.4 | 0.4 | 0.1 | -58.5% |
Others | 0.6 | 1.6 | 1.6 | 0.6 | 0.0% |
Total | 9.7 | 9.1 | 13.6 | 12.9 | 10.0% |
Top Export Markets for Frozen Pig Meat Other than Cuts or Carcases from South Africa in 2022:
- Mozambique (2318.0 tons)
- Namibia (904.4 tons)
- Lesotho (645.6 tons)
- Zimbabwe (616.4 tons)
- Spain (104.0 tons)
- Democratic Republic of the Congo (90.8 tons)
- Malawi (78.8 tons)
- Botswana (39.5 tons)
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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