South Africa - Bellies And Cuts Of Swine (Salted, In Brine, Dried Or Smoked) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

South Africa - Bellies And Cuts Of Swine (Salted, In Brine, Dried Or Smoked) - Market Analysis, Forecast, Size, Trends And Insights

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Price for Salted, Dried, or Smoked Swine Bellies in South Africa - 2023

Contents:

  1. Price for Salted, Dried, or Smoked Swine Bellies in South Africa (FOB) - 2022
  2. Price for Salted, Dried, or Smoked Swine Bellies in South Africa (CIF) - 2022
  3. Exports of Salted, Dried, or Smoked Swine Bellies in South Africa
  4. Imports of Salted, Dried, or Smoked Swine Bellies in South Africa

Price for Salted, Dried, or Smoked Swine Bellies in South Africa (FOB) - 2022

In 2022, the average export price for swine bellies (salted, in brine, dried or smoked) amounted to $3,941 per ton, declining by -1.6% against the previous year. In general, the export price recorded a mild decline. The most prominent rate of growth was recorded in 2019 when the average export price increased by 38% against the previous year. As a result, the export price attained the peak level of $5,408 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Botswana ($9,825 per ton), while the average price for exports to Namibia ($2,170 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 (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Salted, Dried, or Smoked Swine Bellies in South Africa (CIF) - 2022

The average import price for swine bellies (salted, in brine, dried or smoked) stood at $8,874 per ton in 2022, reducing by -1.9% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 140% against the previous year. Over the period under review, average import prices attained the maximum at $11,595 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +26.2% per year.

Exports of Salted, Dried, or Smoked Swine Bellies in South Africa

After three years of growth, overseas shipments of swine bellies (salted, in brine, dried or smoked) decreased by -16.9% to 76 tons in 2022. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 247% against the previous year.

In value terms, exports of swine bellies (salted, in brine, dried or smoked) declined remarkably to $299K in 2022. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 174% against the previous year.

Export of Salted, Dried, or Smoked Swine Bellies in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NamibiaN/A87.112555.0-20.5%
Lesotho3.46.359.052.6149.2%
Mozambique27.568.636.341.114.3%
SeychellesN/A50.81.235.4-16.5%
Nigeria16.06.524.431.325.1%
Malawi23.723.433.430.99.2%
AngolaN/AN/AN/A16.90%
Others21.59.385.935.418.1%
Total92.225236529948.0%

Top Export Markets for Salted, Dried, or Smoked Swine Bellies from South Africa in 2022:

  1. Namibia (25.3 tons)
  2. Lesotho (16.8 tons)
  3. Seychelles (8.7 tons)
  4. Mozambique (8.5 tons)
  5. Malawi (4.5 tons)
  6. Nigeria (4.0 tons)
  7. Angola (3.4 tons)

Imports of Salted, Dried, or Smoked Swine Bellies in South Africa

In 2022, purchases abroad of swine bellies (salted, in brine, dried or smoked) decreased by -64.6% to 2.7 tons, falling for the second year in a row after two years of growth. Overall, imports recorded a sharp decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 257%. As a result, imports attained the peak of 24 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of swine bellies (salted, in brine, dried or smoked) contracted markedly to $24K in 2022. In general, imports faced a abrupt downturn. The pace of growth appeared the most rapid in 2020 with an increase of 132% against the previous year. As a result, imports reached the peak of $90K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Salted, Dried, or Smoked Swine Bellies in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy7.515.223.023.746.7%
Germany12.09.7N/AN/A-19.2%
United StatesN/A40.5N/AN/A0%
NetherlandsN/AN/A11.1N/A0%
Others19.425.034.1N/A32.6%
Total38.990.468.323.7-15.2%

Top Suppliers of Salted, Dried, or Smoked Swine Bellies to South Africa in 2022:

  1. Italy (2.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for salted, dried, or smoked swine bellies 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 10131150 - Bellies and cuts thereof of swine, 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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