Apr 10, 2019

Africa - Pork (Meat Of Swine) - Market Analysis, Forecast, Size, Trends and Insights

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Aug 13, 2018

African Pork Market Increases Steadily

IndexBox has just published a new report "Africa: Pork (Meat Of Swine) - Market Report. Analysis And Forecast To 2025". Here is a summary of the report’s key findings.

The Consumption of Pork in Africa Is Continuing to Rise

In 2017, the pork market in Africa expanded to 1.6M tonnes, maintaining a steady upward trend over the last ten year period. From 2007 to 2017, pork consumption rose with a CAGR of +3.7% per year. The rapid rise in Africa’s population and the accompanying increase in demand for food are both set to be key impetus factors in driving pork consumption. Other factors, such as the pace of economic growth in the region, household income, pork prices and consumer preferences for other types of meat, as well as religious beliefs and environmental conditions, will also continue to impact the consumption of pork and meat consumption. 

In wholesale prices, the market value totaled $3.2B in 2017, an increase of $0.4B (or 15%) against the previous year and $1.0B (or 23%) less than the highest market figure observed in 2012 (IndexBox estimates). The market value has experienced significant fluctuations over the past decade, due to changes in pork producer prices. These, in turn, largely depend on the prices for swine feed – approx. 70 percent of the total cost of pig production is made up by the cost of feed, mainly corn and soybean. 

Nigeria, South Africa, Malawi, Angola, Uganda and Mozambique Together Comprise approx. 70% of the Total Market Volume

The countries with the highest consumption were Nigeria (17.2% of African consumption) and South Africa (16.8%), followed by Malawi (10.7%), Angola (9.4%), Uganda (8.2%) and Mozambique (8.1%). The other countries together made up 30% of pork consumption in Africa.

The highest annual rates of growth in terms of pork consumption from 2007 to 2017 were recorded in Malawi, with a +20.5% per year, the Côte d'Ivoire, with +11.8% per year, and Zambia and Angola, with +9.7% per year and +7.1% per year, respectively. Consequently, Malawi significantly strengthened its share in terms of total consumption, from 2% in 2007, to 11% in 2017. The Côte d'Ivoire (+2 percentage points) also increased its share in total consumption. By contrast, the shares of Nigeria and Zimbabwe declined by 2 percentage points, each, over the period under review. The shares of Zambia, Angola and other countries have not observed any significant changes over the past decade. 

Amongst the leading consuming countries, high levels of per capita consumption were recorded in Malawi (9.2 kg/year in 2017), Angola (5.0 kg/year), South Africa (4.7 kg/year) and Mozambique (4.4 kg/year), which all remained significantly higher than the global average per capita consumption figure of 0.2 kg/year. In Malawi, the rise in pork consumption can be explained by the increase in domestic production. As a result of state efforts to support pig farmers, output in the country has observed an almost sevenfold increase over the past ten year period and now fully supplies the domestic market. Per capita consumption, therefore, surged at a peak average annual rate of +17.0%. The state support initiatives in Malawi also incurred import restrictions, introduced to curb the amount of imported products penetrating the local market. 

The Pork Market in Africa Is Expected to Grow to 2.1M Tonnes by 2025

Pork is one of the most popular types of meat in Africa. The consumption of pork depends on a range of factors, such as per capita income, population, urbanization and dietary diversity. It is also affected by consumption of alternative types of protein such as chicken and beef. Chicken is the biggest competitor to pork consumption, since chicken is more affordable meat. Pork, however, provides an alternative to beef and lamb: the current relatively high lamb and beef prices are due to the herd rebuilding phase after the drought, which supports the consumption of more alternative meat like pork.

Pork is mostly consumed in Sub-Saharan Africa, while in the North African countries the volume of consumption is close to zero, due to religious restrictions on pork in those countries which are predominantly Muslim. Amongst the Sub-Saharan countries, the largest volume of pork consumption occurs in Eastern Africa. One of the key factors, therefore, to influence further market growth, remains the economic performance of Sub-Saharan Africa. 

According to World Bank projections, Sub-Saharan Africa GDP is expected to increase to +3.2% in 2018 and +3.5% in 2019. In comparison, GDP in 2017 amounted to +2.6%. The second driver in terms of market development is population growth, thereby leading to higher pork demand. The population of Africa is also predicted to grow in the medium term. The increased demand for pork, against a rising population, will promote the further development of domestic production, such as new pork producers entering the market. Pork production remains an attractive prospect for livestock producers, as pigs benefit from fast growth rates and good feed-to-meat conversion ratios. Over the past decade, production has steadily increased and projections indicate that this upward positive trend will continue in the medium term. 

Factors currently restraining market growth include frequent epidemics of swine viruses and diseases: these can result in the animals dying, which in turn leads to a fall in the volume of production and market supplies. The introduction of a suitable policy to prevent viruses and disease from spreading may further support the stability of the industry. 

In view of the factors mentioned above, the current market upward positive trend is set to continue over the next seven year period. Market performance is likely to remain unchanged, expanding with an anticipated CAGR of +3.3% for the seven-year period from 2018 to 2025, which is then projected to lead the market volume to 2.1M tonnes by the end of 2025.

The Production of Pork in Africa Is Continuing to Increase Steadily

The production of pork in Africa reached 1.5M tonnes in 2017, expanding with a CAGR of +3.6% per year, from 2007 to 2017. Overall, production increased steadily over the past decade, surging by 42%. In value terms, production was estimated at $3.0B in 2017. Over the last year, it recovered after falling from its peak figure achieved in 2012. The significant fluctuations observed in the volume of production in value terms can be explained by the changes in producer prices, against the unstable prices for animal feed, namely for corn and soybean. The prices for corn increased significantly from 2010-2012, accounting for the tangible rise in the pork production value over this period; prices then regained their outset level. 

Malawi Emerged as the Fastest Growing Pork Producer in Africa

Nigeria and South Africa appeared as the key African pork producing countries, with an output of about 276K tonnes and 246K tonnes in 2017, together accounting for 35% of total output. The other major producers were Malawi (11.5%), Uganda (8.8%), Mozambique (8.5%) and Angola (8.0%). 

In Malawi, production levels increased by +21.2% annually from 2007 to 2017, largely as a result of the state initiatives introduced to support pig production. These included encouraging farmers to create cooperatives to improve bargaining power, reduce costs and benefit from the improved extension services emerging. These measures are also designed to promote and ensure the reduction of poverty and sustainable economic growth in the country. 

Most of the other major producing countries also increased their pork output. From 2007-2017, annual rates of growth remained especially high in Angola (+9.0%), while South Africa (+2.9%), Nigeria (+2.8%), Mozambique (+2.6%) and Uganda (+2.2%) recorded more moderate paces of growth. Malawi (+9 percentage points) and Angola (+3 percentage points) improved their position in terms of African pork production, while the other regional leaders remained relatively stable throughout the analyzed period.

Against the Other Countries in Africa, the Côte d'Ivoire Appears the Most Reliant on Imports

In 2017, imports accounted for only 8% of African pork consumption, a figure increased slightly (+ 2 percentage points) against its outset level. Due to relatively negligible trade intensity figures, imports and exports should not be regarded as strong factors influencing the regional market dynamic in the medium term. In terms of the key pork consuming countries in Africa, the Côte d'Ivoire (83%), Angola (21%) and South Africa (10%) all recorded a significant share of imports in consumption. In the Côte d'Ivoire, where production figures remain too insignificant to satisfy rapidly increasing consumption indices, the past decade has seen a strong rise in imports, therefore the Côte d'Ivoire now constitutes the most attractive prospect in Africa for foreign exporters of pork. 

South Africa Emerged as the Largest Pork Exporter in Africa

In 2017, the total volume of African pork export amounted to 10.9K tonnes. South Africa was the leading exporter, with its export volume equal to 9.3K tonnes (86%). It was followed by Kenya (7%) and Namibia (6%). The shares of other countries remain insignificant, at approx. 1%. South Africa demonstrated the highest rate of growth in terms of exports at +27.4% per year. It was followed Egypt (+16.9%) and Namibia (+10.9%).

Angola Remains the Largest Pork Importer

In 2017, the total volume of product imports amounted to 126K tonnes. Angola emerged as the leading importer, with a volume of 32K tonnes (25%). It was followed by the Cote D’Ivoire (23%), South Africa (21%), Congo (12%) and Gabon (6%).

Mozambique demonstrated the highest rate of growth at +51.1%, but its volume is insignificant. Amongst the significant importers, the Congo indicated the highest rate of product import growth, at +21.8%, followed by the Cote D’Ivoire (+20.1%); this enabled those countries to enter the top-5 pork importing markets in Aftrica. As for the other importers, the growth rates were not significant. Angola recorded a rather poor rate of growth (+2.2%), but still retained its position at the largest pork importer.

The total pork imports in Africa in value terms were equal to $218M. In terms of import value, South Africa earned the largest share, with 33%. It was followed by Angola (27%), the Cote D’Ivoire (9%), the Congo (8%) and Gabon (5%). In terms of the rate of growth, the trend remains similar to that of import volume growth.

Do you want to know more about the African pork market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • pork market share
  • pork prices
  • pork industry
  • pork sales
  • pork import
  • pork export
  • pork market forecast
  • pork price forecast
  • key pork producers

Source: IndexBox AI Platform

Product coverage:
• FCL 1035 - Pig meat

This report provides an in-depth analysis of the pork market in 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 2025.



Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Africa, split by region and country
• Trade (exports and imports) in 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
PRODUCING ANIMALS AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Algeria
• Angola
• Benin
• Botswana
• Burkina Faso
• Burundi
• Cabo Verde
• Cameroon
• Central African Republic
• Chad
• Comoros
• Congo
• Democratic Republic of the Congo
• Djibouti
• Egypt
• Equatorial Guinea
• Eritrea
• Ethiopia
• Gabon
• Gambia
• Ghana
• Guinea
• Guinea-Bissau
• Kenya
• Lesotho
• Liberia
• Libya
• Madagascar
• Malawi
• Mali
• Mauritania
• Mauritius
• Mayotte
• Morocco
• Mozambique
• Namibia
• Niger
• Nigeria
• Réunion
• Rwanda
• Saint Helena, Ascension and Tristan da Cunha
• Sao Tome and Principe
• Senegal
• Seychelles
• Sierra Leone
• Somalia
• South Africa
• Sudan
• Swaziland
• Tanzania
• Togo
• Tunisia
• Uganda
• Zambia
• Zimbabwe
• Cote d'Ivoire
• Western Sahara
• South Sudan
LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption, By Country, 2015–2018
Table 5:
Production, In Physical Terms, By Country, 2007–2018
Table 6:
Producing Animals, By Country, 2007-2018
Table 7:
Yield, By Country, 2007-2018
Table 8:
Imports, In Physical Terms, By Country, 2007–2018
Table 9:
Imports, In Value Terms, By Country, 2007–2018
Table 10:
Import Prices, By Country Of Destination, 2007–2018
Table 11:
Exports, In Physical Terms, By Country, 2007–2018
Table 12:
Exports, In Value Terms, By Country, 2007–2018
Table 13:
Export Prices, By Country Of Origin, 2007–2018
Table 14:
Producer Prices, By Major Producing Country, 2018
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Consumption, By Country, 2018
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2018
Figure 18:
Production, In Value Terms, 2007–2018
Figure 19:
Producing Animals, 2007–2018
Figure 20:
Yield, 2007–2018
Figure 21:
Production, By Country, 2018
Figure 22:
Production, In Physical Terms, By Country, 2007–2018
Figure 23:
Producing Animals, By Country, 2018
Figure 24:
Producing Animals, By Country, 2007-2018
Figure 25:
Yield, By Country, 2007-2018
Figure 26:
Imports, In Physical Terms, 2007–2018
Figure 27:
Imports, In Value Terms, 2007–2018
Figure 28:
Imports, In Physical Terms, By Country, 2018
Figure 29:
Imports, In Physical Terms, By Country, 2007–2018
Figure 30:
Imports, In Value Terms, By Country, 2007–2018
Figure 31:
Import Prices, By Country, 2007–2018
Figure 32:
Exports, In Physical Terms, 2007–2018
Figure 33:
Exports, In Value Terms, 2007–2018
Figure 34:
Exports, In Physical Terms, By Country, 2018
Figure 35:
Exports, In Physical Terms, By Country, 2007–2018
Figure 36:
Exports, In Value Terms, By Country, 2007–2018
Figure 37:
Export Prices, 2007–2018
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