Price for Offal, Edible; of Swine, Fresh or Chilled in South Africa - 2023
Contents:
- Price for Offal, Edible; of Swine, Fresh or Chilled in South Africa (FOB) - 2022
- Price for Offal, Edible; of Swine, Fresh or Chilled in South Africa (CIF) - 2022
- Exports of Offal, Edible; of Swine, Fresh or Chilled in South Africa
- Imports of Offal, Edible; of Swine, Fresh or Chilled in South Africa
Price for Offal, Edible; of Swine, Fresh or Chilled in South Africa (FOB) - 2022
The average export price for offal, edible; of swine, fresh or chilled stood at $1,314 per ton in 2022, declining by -15.7% against the previous year. In general, the export price recorded a deep setback. The pace of growth was the most pronounced in 2014 when the average export price increased by 48% against the previous year. Over the period under review, the average export prices attained the peak figure at $2,596 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Namibia ($1,313 per ton), while the average price for exports to Lesotho amounted to $857 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Botswana (+1.9%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Offal, Edible; of Swine, Fresh or Chilled in South Africa (CIF) - 2022
The average import price for offal, edible; of swine, fresh or chilled stood at $1,115 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the import price continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2014 when the average import price decreased by -61% against the previous year. The import price peaked at $2,835 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Namibia ($7,276 per ton), while the price for Belgium ($750 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (+5.0%), while the prices for the other major suppliers experienced a decline.
Exports of Offal, Edible; of Swine, Fresh or Chilled in South Africa
In 2022, exports of offal, edible; of swine, fresh or chilled from South Africa surged to 563 tons, with an increase of 106% on 2021. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 557% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, exports of offal, edible; of swine, fresh or chilled soared to $740K in 2022. Over the period under review, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 489%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Offal, Edible; of Swine, Fresh or Chilled in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 27.2 | 299 | 232 | 738 | 200.5% |
| Botswana | 22.7 | 103 | 110 | N/A | 120.1% |
| Democratic Republic of the Congo | 12.2 | 20.8 | 15.2 | N/A | 11.6% |
| Others | 20.9 | 66.4 | 69.4 | 1.9 | -55.0% |
| Total | 83.0 | 489 | 427 | 740 | 107.4% |
Top Export Markets for Offal, Edible; of Swine, Fresh or Chilled from South Africa in 2022:
- Namibia (562.4 tons)
Imports of Offal, Edible; of Swine, Fresh or Chilled in South Africa
In 2022, approx. 12 tons of offal, edible; of swine, fresh or chilled were imported into South Africa; standing approx. at 2021 figures. Overall, imports continue to indicate a dramatic decrease. The smallest decline of 99.9% was in 2021.
In value terms, imports of offal, edible; of swine, fresh or chilled totaled $13K in 2022. In general, imports showed a significant decline. The smallest decline of 99.9% was in 2021.
| Import of Offal, Edible; of Swine, Fresh or Chilled in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Belgium | 16.0 | N/A | 8.4 | -27.5% | |
| Namibia | 4.2 | N/A | 2.6 | -21.3% | |
| China | 4.9 | N/A | 2.4 | -30.0% | |
| United Kingdom | 1.6 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 26.6 | N/A | 13.3 | -29.3% | |
Top Suppliers of Offal, Edible; of Swine, Fresh or Chilled to South Africa in 2022:
- Belgium (11.1 tons)
- Namibia (0.4 tons)
- China (0.4 tons)
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