South Africa - Beef And Veal (Salted, In Brine, Dried Or Smoked) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Beef Price in South Africa - 2023
Contents:
- Preserved Beef Price in South Africa (CIF) - 2022
- Preserved Beef Price in South Africa (FOB) - 2022
- Preserved Beef Imports in South Africa
- Preserved Beef Exports in South Africa
Preserved Beef Price in South Africa (CIF) - 2022
The average preserved beef import price stood at $10,937 per ton in 2022, reducing by -2% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by 29%. Over the period under review, average import prices attained the peak figure at $12,333 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Namibia ($11,078 per ton), while the price for Italy totaled $7,396 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.3%), while the prices for the other major suppliers experienced a decline.
Preserved Beef Price in South Africa (FOB) - 2022
In 2022, the average preserved beef export price amounted to $5,583 per ton, waning by -10.9% against the previous year. Over the period under review, the export price, however, continues to indicate a tangible increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 82%. Over the period under review, the average export prices hit record highs at $6,269 per ton in 2021, and then dropped in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ghana ($9,391 per ton), while the average price for exports to Botswana ($1,613 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (+2.5%), while the prices for the other major destinations experienced mixed trend patterns.
Preserved Beef Imports in South Africa
In 2022, imports of beef and veal (salted, in brine, dried or smoked) into South Africa fell to 31 tons, which is down by -6.8% on the year before. Overall, imports, however, saw a buoyant expansion. The growth pace was the most rapid in 2021 when imports increased by 379% against the previous year. As a result, imports reached the peak of 33 tons, and then contracted in the following year.
In value terms, preserved beef imports fell to $336K in 2022. In general, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 489%. As a result, imports reached the peak of $368K, and then fell in the following year.
| Import of Preserved Beef in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 141 | 62.5 | 368 | 328 | 32.5% |
| Italy | N/A | N/A | N/A | 8.8 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 141 | 62.5 | 368 | 336 | 33.6% |
Top Suppliers of Preserved Beef to South Africa in 2022:
- Namibia (29.6 tons)
- Italy (1.2 tons)
Preserved Beef Exports in South Africa
In 2022, approx. 105 tons of beef and veal (salted, in brine, dried or smoked) were exported from South Africa; surging by 136% on 2021. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, preserved beef exports surged to $587K in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Preserved Beef in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 6.8 | 5.2 | 83.6 | 177 | 196.4% |
| Maldives | N/A | N/A | N/A | 100 | 0% |
| Ghana | N/A | N/A | 3.8 | 95.7 | 2418.4% |
| United Arab Emirates | 1.5 | 3.4 | 12.3 | 52.4 | 226.9% |
| Hong Kong SAR | 64.2 | 88.1 | 103 | 45.2 | -11.0% |
| Seychelles | N/A | N/A | 14.6 | 34.9 | 139.0% |
| Botswana | 7.3 | 2.4 | 6.3 | 10.8 | 13.9% |
| Mozambique | 9.3 | 5.2 | 6.3 | 10.4 | 3.8% |
| Democratic Republic of the Congo | 0.3 | 2.0 | 0.2 | 10.2 | 224.0% |
| Lesotho | 10.9 | 5.6 | 4.1 | 7.3 | -12.5% |
| Australia | N/A | 4.9 | N/A | N/A | 0% |
| Others | 20.9 | 27.3 | 44.4 | 42.9 | 27.1% |
| Total | 121 | 144 | 279 | 587 | 69.3% |
Top Export Markets for Preserved Beef from South Africa in 2022:
- Qatar (31.7 tons)
- Maldives (19.0 tons)
- Ghana (10.2 tons)
- United Arab Emirates (7.6 tons)
- Botswana (6.7 tons)
- Hong Kong SAR (6.2 tons)
- Democratic Republic of the Congo (5.5 tons)
- Seychelles (5.4 tons)
- Mozambique (3.9 tons)
- Lesotho (3.3 tons)
This report provides an in-depth analysis of the preserved beef 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 10131200 - Beef and veal salted, in brine, dried or smoked
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
-
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
- 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 VOLUME AND VALUE
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
- 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
- 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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