South Africa - Whole Fresh Milk - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWhole Fresh Milk Price in South Africa - 2023
Contents:
- Whole Fresh Milk Price in South Africa (FOB) - 2023
- Whole Fresh Milk Price in South Africa (CIF) - 2022
- Whole Fresh Milk Exports in South Africa
- Whole Fresh Milk Imports in South Africa
Whole Fresh Milk Price in South Africa (FOB) - 2023
In July 2023, the average whole fresh milk export price amounted to $727 per ton, shrinking by -4.2% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 15% against the previous month. As a result, the export price attained the peak level of $803 per ton. From April 2023 to July 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Lesotho ($1,265 per ton), while the average price for exports to Botswana ($577 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lesotho (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Whole Fresh Milk Price in South Africa (CIF) - 2022
In 2022, the average whole fresh milk import price amounted to $1,386 per ton, jumping by 137% against the previous year. Overall, the import price showed prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($4,051 per ton), while the price for Poland ($532 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zimbabwe (+19.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Whole Fresh Milk Exports in South Africa
In 2022, after three years of growth, there was significant decline in overseas shipments of whole fresh milk, when their volume decreased by -12.6% to 40K tons. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 13%. As a result, the exports attained the peak of 45K tons, and then shrank in the following year.
In value terms, whole fresh milk exports declined to $28M in 2022. The total export value increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 34%. As a result, the exports reached the peak of $32M, and then fell in the following year.
| Export of Whole Fresh Milk in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mozambique | 5.9 | 7.2 | 9.3 | 8.6 | 13.4% |
| Swaziland | 6.5 | 6.1 | 6.3 | 6.5 | 0.0% |
| Namibia | 4.4 | 5.1 | 7.9 | 6.2 | 12.1% |
| Lesotho | 1.3 | 0.8 | 0.8 | 1.0 | -8.4% |
| Botswana | 4.3 | 2.1 | 3.5 | 0.9 | -40.6% |
| Mauritius | 1.1 | 0.5 | 0.7 | 0.9 | -6.5% |
| Angola | N/A | 0.4 | 0.6 | 0.8 | 41.4% |
| Tanzania | 1.0 | 0.6 | 0.5 | 0.8 | -7.2% |
| Democratic Republic of the Congo | 0.1 | 0.1 | 0.6 | 0.6 | 81.7% |
| Zambia | 0.7 | 0.6 | 1.1 | 0.6 | -5.0% |
| Others | 0.8 | 0.7 | 0.9 | 0.8 | 0.0% |
| Total | 25.8 | 24.0 | 32.1 | 27.6 | 2.3% |
Top Export Markets for Whole Fresh Milk from South Africa in 2022:
- Swaziland (11.2K tons)
- Mozambique (11.2K tons)
- Namibia (8.9K tons)
- Angola (1.2K tons)
- Lesotho (1.2K tons)
- Botswana (1.2K tons)
- Mauritius (1.2K tons)
- Tanzania (1.1K tons)
- Zambia (0.9K tons)
- Democratic Republic of the Congo (0.8K tons)
Whole Fresh Milk Imports in South Africa
In 2022, imports of whole fresh milk into South Africa contracted rapidly to 2.1K tons, reducing by -85.1% compared with the year before. Overall, imports continue to indicate a precipitous descent. The pace of growth was the most pronounced in 2021 with an increase of 155%.
In value terms, whole fresh milk imports contracted rapidly to $2.9M in 2022. In general, imports showed a dramatic decline. The most prominent rate of growth was recorded in 2021 when imports increased by 146% against the previous year.
| Import of Whole Fresh Milk in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 0.3 | 0.2 | 0.1 | 1.8 | 81.7% |
| Poland | 9.6 | 3.0 | 7.9 | 0.7 | -58.2% |
| Germany | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Zimbabwe | N/A | N/A | N/A | N/A | 0% |
| United Kingdom | 1.0 | N/A | N/A | N/A | 0% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 11.2 | 3.3 | 8.2 | 2.9 | -36.3% |
Top Suppliers of Whole Fresh Milk to South Africa in 2022:
- Poland (1385.9 tons)
- France (454.0 tons)
- Germany (135.5 tons)
- Zimbabwe (67.3 tons)
- United Kingdom (18.2 tons)
This report provides an in-depth analysis of the whole fresh milk 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 1130 - Camel milk
- FCL 882 - Cow milk, whole (fresh)
- FCL 1020 - Goat milk
- FCL 982 - Sheep milk
- FCL 951 - Buffalo milk
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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