South Africa - Fresh Or Chilled Cuts Of Chicken - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFresh Chicken Cut Price in South Africa - 2023
Contents:
- Fresh Chicken Cut Price in South Africa (FOB) - 2023
- Fresh Chicken Cut Price in South Africa (CIF) - 2022
- Fresh Chicken Cut Exports in South Africa
- Fresh Chicken Cut Imports in South Africa
Fresh Chicken Cut Price in South Africa (FOB) - 2023
In July 2023, the average fresh chicken cut export price amounted to $1,559 per ton, with a decrease of -5.3% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in November 2022 when the average export price increased by 16% month-to-month. Over the period under review, the average export prices hit record highs at $1,716 per ton in January 2023; however, from February 2023 to July 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In July 2023, the country with the highest price was Mozambique ($1,831 per ton), while the average price for exports to Lesotho stood at $1,544 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+0.7%).
Fresh Chicken Cut Price in South Africa (CIF) - 2022
In 2022, the average fresh chicken cut import price amounted to $1,802 per ton, growing by 12% against the previous year. Overall, the import price, however, faced a deep setback. The pace of growth was the most pronounced in 2019 an increase of 190% against the previous year. The import price peaked at $12,510 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($6,556 per ton), while the price for China stood at $2,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Swaziland (+9.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Fresh Chicken Cut Exports in South Africa
After two years of decline, shipments abroad of fresh or chilled cuts of chicken increased by 4.5% to 11K tons in 2022. Overall, exports, however, recorded a relatively flat trend pattern.
In value terms, fresh chicken cut exports rose remarkably to $19M in 2022. The total export value increased at an average annual rate of +5.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 15%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.
| Export of Fresh Chicken Cut in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lesotho | 14.4 | 13.4 | 16.2 | 17.9 | 7.5% |
| Mozambique | 1.4 | 0.8 | 0.1 | 0.7 | -20.6% |
| Others | 0.4 | 0.2 | 0.2 | 0.3 | -9.1% |
| Total | 16.1 | 14.3 | 16.5 | 18.9 | 5.5% |
Top Export Markets for Fresh Chicken Cut from South Africa in 2022:
- Lesotho (10.7K tons)
- Mozambique (0.4K tons)
Fresh Chicken Cut Imports in South Africa
In 2022, approx. 9.5 tons of fresh or chilled cuts of chicken were imported into South Africa; growing by 160% against the year before. Over the period under review, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 364,300%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, fresh chicken cut imports skyrocketed to $17K in 2022. In general, imports recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 196,033%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Fresh Chicken Cut in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 0.1 | 0% |
| China | N/A | N/A | N/A | N/A | 0% |
| Lesotho | 2.8 | N/A | 5.9 | N/A | 45.2% |
| Others | 1.3 | N/A | N/A | 16.9 | 135.1% |
| Total | 4.1 | N/A | 5.9 | 17.1 | 61.0% |
Top Suppliers of Fresh Chicken Cut to South Africa in 2022:
- China (undefined tons)
- Germany (undefined tons)
This report provides an in-depth analysis of the fresh chicken cut 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 10121050 - Fresh or chilled cuts of chicken
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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