South Africa - Frozen Whole Chickens - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Whole Chicken Price in South Africa - 2023
Contents:
- Frozen Whole Chicken Price in South Africa (CIF) - 2023
- Frozen Whole Chicken Price in South Africa (FOB) - 2023
- Frozen Whole Chicken Imports in South Africa
- Frozen Whole Chicken Exports in South Africa
Frozen Whole Chicken Price in South Africa (CIF) - 2023
In July 2023, the average frozen whole chicken import price amounted to $388 per ton, waning by -6.6% against the previous month. Over the period under review, the import price saw a perceptible decline. The most prominent rate of growth was recorded in November 2022 an increase of 27% m-o-m. Over the period under review, average import prices hit record highs at $594 per ton in December 2022; however, from January 2023 to July 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Brazil.
From July 2022 to July 2023, the rate of growth in terms of prices for Brazil amounted to -2.7% per month.
Frozen Whole Chicken Price in South Africa (FOB) - 2023
In July 2023, the average frozen whole chicken export price amounted to $1,125 per ton, increasing by 3.9% against the previous month. Over the period under review, the export price, however, recorded a pronounced reduction. The pace of growth appeared the most rapid in December 2022 when the average export price increased by 38% month-to-month. As a result, the export price reached the peak level of $1,710 per ton. From January 2023 to July 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Mozambique ($2,364 per ton), while the average price for exports to Swaziland ($747 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (+1.3%), while the prices for the other major destinations experienced mixed trend patterns.
Frozen Whole Chicken Imports in South Africa
In 2022, supplies from abroad of frozen whole chickens decreased by -2.1% to 197K tons, falling for the second consecutive year after two years of growth. In general, imports recorded a perceptible decrease. The most prominent rate of growth was recorded in 2020 with an increase of 6.8% against the previous year. As a result, imports reached the peak of 228K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, frozen whole chicken imports reduced slightly to $130M in 2022. The total import value increased at an average annual rate of +6.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 24%. As a result, imports attained the peak of $130M, leveling off in the following year.
| Import of Frozen Whole Chicken in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 79.5 | 79.5 | 107 | 120 | 14.7% |
| Argentina | 6.1 | 7.0 | 5.5 | 8.3 | 10.8% |
| Others | 21.6 | 18.4 | 17.6 | 1.4 | -59.8% |
| Total | 107 | 105 | 130 | 130 | 6.7% |
Top Suppliers of Frozen Whole Chicken to South Africa in 2022:
- Brazil (180.5K tons)
- Argentina (15.1K tons)
Frozen Whole Chicken Exports in South Africa
In 2022, approx. 16K tons of frozen whole chickens were exported from South Africa; which is down by -13% compared with the previous year. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +11.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +37.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 58% against the previous year. As a result, the exports attained the peak of 18K tons, and then fell in the following year.
In value terms, frozen whole chicken exports skyrocketed to $24M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +16.4% 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 +76.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 50%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.
| Export of Frozen Whole Chicken in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mozambique | 6.7 | 4.3 | 4.1 | 11.1 | 18.3% |
| Namibia | 1.6 | 2.9 | 5.6 | 4.9 | 45.2% |
| Lesotho | 4.5 | 3.6 | 6.2 | 4.3 | -1.5% |
| Swaziland | 1.2 | 1.3 | 2.2 | 2.1 | 20.5% |
| Botswana | 0.3 | 0.5 | 1.3 | 0.8 | 38.7% |
| Democratic Republic of the Congo | 0.1 | 0.1 | 0.1 | 0.4 | 58.7% |
| Zambia | 0.2 | 0.6 | 0.4 | 0.2 | 0.0% |
| Others | 0.7 | 0.5 | 0.8 | 0.5 | -10.6% |
| Total | 15.4 | 13.8 | 20.7 | 24.2 | 16.3% |
Top Export Markets for Frozen Whole Chicken from South Africa in 2022:
- Mozambique (4.7K tons)
- Namibia (4.3K tons)
- Lesotho (2.8K tons)
- Swaziland (2.1K tons)
- Botswana (0.8K tons)
- Democratic Republic of the Congo (0.3K tons)
- Zambia (0.2K tons)
This report provides an in-depth analysis of the frozen whole chicken 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 10122013 - Frozen whole chickens
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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The growth rate reached its peak in December 2022, surging by 42% compared to the previous month. The value of imported frozen whole chicken plummeted to $5.1M in September 2023.
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