South Africa - Pork (Meat Of Swine) - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPork Price in South Africa - 2023
Contents:
- Pork Price in South Africa (CIF) - 2023
- Pork Price in South Africa (FOB) - 2023
- Pork Imports in South Africa
- Pork Exports in South Africa
Pork Price in South Africa (CIF) - 2023
The average pork import price stood at $2,559 per ton in September 2023, with an increase of 7.6% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 an increase of 15% month-to-month. As a result, import price reached the peak level of $2,940 per ton. From July 2023 to September 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Ireland ($3,534 per ton), while the price for the UK ($1,823 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Ireland (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Pork Price in South Africa (FOB) - 2023
In September 2023, the average pork export price amounted to $2,857 per ton, rising by 16% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in December 2022 an increase of 29% m-o-m. As a result, the export price reached the peak level of $2,954 per ton. From January 2023 to September 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Namibia ($7,730 per ton), while the average price for exports to Lesotho ($1,929 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.
Pork Imports in South Africa
In 2022, approx. 21K tons of pork were imported into South Africa; with a decrease of -14.9% compared with the previous year's figure. In general, imports recorded a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 51% against the previous year.
In value terms, pork imports shrank notably to $51M in 2022. Overall, imports saw a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by 63% against the previous year. As a result, imports reached the peak of $72M, and then shrank rapidly in the following year.
| Import of Pork in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 10.9 | 9.0 | 22.9 | 18.3 | 18.9% |
| Spain | 9.9 | 1.7 | 5.5 | 9.0 | -3.1% |
| United Kingdom | 3.0 | 2.6 | 10.4 | 7.3 | 34.5% |
| Netherlands | 1.0 | 6.4 | 16.3 | 6.5 | 86.6% |
| Ireland | 0.2 | 1.5 | 2.3 | 4.5 | 182.3% |
| France | 3.8 | 3.5 | 4.1 | 3.0 | -7.6% |
| Denmark | 0.3 | 1.7 | 7.5 | 1.4 | 67.1% |
| Belgium | N/A | N/A | 0.1 | 1.3 | 1200.0% |
| Germany | 30.9 | 16.8 | 0.1 | 0.1 | -85.2% |
| Canada | 1.9 | 0.3 | 3.0 | N/A | 25.7% |
| Others | 0.3 | 1.1 | 0.1 | 0.1 | -30.7% |
| Total | 62.1 | 44.5 | 72.5 | 51.5 | -6.0% |
Top Suppliers of Pork to South Africa in 2022:
- Germany (undefinedK tons)
- Brazil (6.2K tons)
- United Kingdom (4.1K tons)
- Spain (4.0K tons)
- Netherlands (2.5K tons)
- Ireland (2.0K tons)
- France (1.2K tons)
- Denmark (0.4K tons)
- Belgium (0.4K tons)
Pork Exports in South Africa
In 2022, after three years of growth, there was significant decline in overseas shipments of pork, when their volume decreased by -13.3% to 8.9K tons. In general, exports showed a noticeable curtailment. The growth pace was the most rapid in 2020 when exports increased by 3.7% against the previous year.
In value terms, pork exports plummeted to $22M in 2022. Over the period under review, exports recorded a pronounced setback. The pace of growth appeared the most rapid in 2021 when exports increased by 23% against the previous year. As a result, the exports reached the peak of $27M, and then shrank notably in the following year.
| Export of Pork in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mozambique | 8.7 | 8.4 | 7.0 | 10.7 | 7.1% |
| Namibia | 7.2 | 4.8 | 7.8 | 3.5 | -21.4% |
| Lesotho | 3.7 | 2.4 | 2.4 | 2.6 | -11.1% |
| Zimbabwe | 0.1 | 0.1 | 2.9 | 1.6 | 152.0% |
| Botswana | 2.6 | 1.7 | 1.9 | 0.6 | -38.7% |
| Hong Kong SAR | 0.1 | 1.9 | 1.1 | 0.4 | 58.7% |
| Others | 1.6 | 2.4 | 3.8 | 2.6 | 17.6% |
| Total | 24.0 | 21.8 | 26.9 | 21.9 | -3.0% |
Top Export Markets for Pork from South Africa in 2022:
- Mozambique (4.2K tons)
- Namibia (1.9K tons)
- Lesotho (1.3K tons)
- Zimbabwe (0.6K tons)
- Botswana (0.2K tons)
- Hong Kong SAR (0.1K tons)
This report provides an in-depth analysis of the pork 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:
- FCL 1035 - Pig meat
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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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
-
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
-
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
-
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
-
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
2953
This report provides an in-depth analysis of the pork market in South Africa.
522
This report provides an in-depth analysis of the fresh pork carcase market in South Africa.
426
This report provides an in-depth analysis of the fresh pork cut market in South Africa.
375
This report provides an in-depth analysis of the market for fresh pork other than cuts or carcases in South Africa.
465
This report provides an in-depth analysis of the frozen pork carcase market in South Africa.
396
This report provides an in-depth analysis of the frozen pork cut market in South Africa.
395
This report provides an in-depth analysis of the market for frozen pig meat other than cuts or carcases in South Africa.
4360
This report provides an in-depth analysis of the global pork market.
684
This report provides an in-depth analysis of the global fresh pork carcase market.
831
This report provides an in-depth analysis of the global fresh pork cut market.
445
In April 2023, the pork price amounted to $2,611 per ton (CIF, South Africa), picking up by 7.1% against the previous month.
120
Discover the leading countries in the global pork import market and their key statistics. Learn about the top importers of pork products and their role in meeting the demand for pork around the world.
380
Explore the top import markets for pork based on their import value in 2022. Japan, China, Mexico, Italy, South Korea, United States, Poland, Germany, United Kingdom, and Romania lead the way. Get key statistics and insights from the IndexBox market intelligence platform.
20730
Global pork consumption amounted to X thousand tons in 2015, going up by +X% against the previous year level.
1488
Global pork exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
1647
Global pork imports amounted to X thousand tons in 2015, ascending by +X% against the previous year level.
1254
Germany continued its dominance in the global pork trade. In 2014, Germany exported X thousand tons of pork totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total pork exp
96
Discover the top-10 countries by import value of fresh pork carcass and their significance in shaping the international market for this popular meat product.
106
Discover the top import markets for fresh pork cut products and the key statistics behind their import values. Explore the trends and factors driving the demand for pork cut products in these countries.
284
Explore the top import markets for fresh pork cuts, including Mexico, Italy, Poland, Germany, and more. Learn about the demand, market values, and key statistics in these countries.
