South Africa - Fresh Or Chilled Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Fresh Pork Other than Cuts or Carcases in South Africa - 2023
Contents:
- Price for Fresh Pork Other than Cuts or Carcases in South Africa (FOB) - 2023
- Price for Fresh Pork Other than Cuts or Carcases in South Africa (CIF) - 2022
- Exports of Fresh Pork Other than Cuts or Carcases in South Africa
- Imports of Fresh Pork Other than Cuts or Carcases in South Africa
Price for Fresh Pork Other than Cuts or Carcases in South Africa (FOB) - 2023
In October 2023, the average export price for fresh or chilled pig meat other than cuts or carcases amounted to $3,090 per ton, waning by -7.1% against the previous month. Over the period under review, the export price, however, showed a slight increase. The growth pace was the most rapid in September 2023 an increase of 34% against the previous month. As a result, the export price reached the peak level of $3,327 per ton, and then reduced in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Nigeria ($10,596 per ton), while the average price for exports to Lesotho ($2,309 per ton) was amongst the lowest.
From November 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Zambia (+23.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fresh Pork Other than Cuts or Carcases in South Africa (CIF) - 2022
In 2022, the average import price for fresh or chilled pig meat other than cuts or carcases amounted to $2,841 per ton, reducing by -15% against the previous year. Overall, the import price recorded a mild descent. The pace of growth was the most pronounced in 2017 an increase of 70%. The import price peaked at $3,496 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Namibia ($3,273 per ton) and Germany ($3,101 per ton), while the price for France ($2,684 per ton) and Brazil ($2,756 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fresh Pork Other than Cuts or Carcases in South Africa
In 2022, the amount of fresh or chilled pig meat other than cuts or carcases exported from South Africa dropped dramatically to 1.3K tons, with a decrease of -30.5% against the previous year. Over the period under review, exports faced a abrupt descent. The smallest decline of -10.8% was in 2021.
In value terms, exports of fresh or chilled pig meat other than cuts or carcases contracted markedly to $3.5M in 2022. In general, exports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 8.3%.
| Export of Fresh Pork Other than Cuts or Carcases in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mozambique | 2,221 | 1,398 | 1,508 | 868 | -26.9% |
| Lesotho | 1,302 | 751 | 668 | 758 | -16.5% |
| Namibia | 1,152 | 982 | 1,098 | 506 | -24.0% |
| Botswana | 1,106 | 1,221 | 1,430 | 443 | -26.3% |
| Hong Kong SAR | 2.7 | 592 | 76.5 | 265 | 361.3% |
| Kuwait | N/A | N/A | 75.9 | 210 | 176.7% |
| Zambia | 57.3 | 47.0 | 388 | 74.8 | 9.3% |
| Others | 464 | 366 | 560 | 343 | -9.6% |
| Total | 6,306 | 5,357 | 5,803 | 3,467 | -18.1% |
Top Export Markets for Fresh Pork Other than Cuts or Carcases from South Africa in 2022:
- Lesotho (375.1 tons)
- Mozambique (340.1 tons)
- Namibia (264.1 tons)
- Botswana (131.6 tons)
- Hong Kong SAR (94.1 tons)
- Zambia (45.8 tons)
- Kuwait (20.2 tons)
Imports of Fresh Pork Other than Cuts or Carcases in South Africa
After three years of growth, supplies from abroad of fresh or chilled pig meat other than cuts or carcases decreased by -53.1% to 541 tons in 2022. In general, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 1,491%.
In value terms, imports of fresh or chilled pig meat other than cuts or carcases fell significantly to $1.5M in 2022. Over the period under review, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 when imports increased by 1,724% against the previous year.
| Import of Fresh Pork Other than Cuts or Carcases in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | N/A | 545 | 750 | 672 | 11.0% |
| Ireland | N/A | N/A | 276 | 295 | 6.9% |
| Netherlands | N/A | 732 | 2,394 | 292 | -36.8% |
| United Kingdom | N/A | 47.5 | 68.8 | 124 | 61.6% |
| Germany | 76.1 | 1,016 | N/A | 72.1 | -1.8% |
| France | 51.3 | N/A | 148 | 67.1 | 9.4% |
| Spain | N/A | N/A | 154 | N/A | 0% |
| Others | 1.0 | 0.5 | 64.4 | 15.1 | 147.2% |
| Total | 128 | 2,342 | 3,854 | 1,537 | 129.0% |
Top Suppliers of Fresh Pork Other than Cuts or Carcases to South Africa in 2022:
- Brazil (243.9 tons)
- Netherlands (105.8 tons)
- Ireland (99.3 tons)
- United Kingdom (42.4 tons)
- France (25.0 tons)
- Germany (23.2 tons)
This report provides an in-depth analysis of the market for fresh pork other than cuts or carcases 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 10111290 - Fresh or chilled pig meat (including fresh meat packed with salt as a temporary preservative, excluding carcases and halfcarcases, h ams, shoulders and cuts thereof with bone in)
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
- 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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