Africa: Sheep, Goat, Cow Fat Market 2020

Sheep, Goat, Cow Fat Market Size in Africa

The revenue of the sheep, goat, cow fat market in Africa amounted to $X in 2017, coming up by X% against the previous year. The total market indicated a remarkable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2017, with an increase of X% y-o-y. In that year, the sheep, goat, cow fat market attained their peak level, and is likely to continue its growth in the immediate term.

Sheep, Goat, Cow Fat Production in Africa

The sheep, goat, cow fat production stood at X tons in 2017, going up by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2014, when the output figure increased by X% y-o-y. Over the period under review, the sheep, goat, cow fat production attained its peak figure volume in 2017, and is expected to retain its growth in the near future.

Sheep, Goat, Cow Fat Exports in Africa

In 2017, exports of fats of bovine animals, sheep or goats in Africa stood at X tons, shrinking by -X% against the previous year. The sheep, goat, cow fat exports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2016, when exports increased by X% y-o-y. Over the period under review, the sheep, goat, cow fat exports reached its maximum volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, sheep, goat, cow fat exports amounted to $X in 2017. The sheep, goat, cow fat exports continue to indicate a drastic decrease. Over the period under review, the sheep, goat, cow fat exports attained its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Sheep, Goat, Cow Fat Exports by Country in Africa

South Africa represented the main exporter of fats of bovine animals, sheep or goats in Africa, with the volume of exports resulting at X tons, which was near X% of total exports in 2017. Namibia (X tons) occupied the second position in the ranking, followed by Egypt (X tons). All these countries together occupied near X% share of total exports. The following exporters - Botswana (X tons) and Morocco (X tons) each finished at a X% share of total exports.

South Africa was also the fastest growing in terms of the fats of bovine animals, sheep or goats exports, with a CAGR of +X% from 2007 to 2017. Botswana (-X%), Namibia (-X%), Egypt (-X%) and Morocco (-X%) illustrated a downward trend over the same period. While the share of Egypt (X%), Namibia (X%), Morocco (X%) and Botswana (X%) increased significantly in terms of the global exports from 2007-2017, the share of South Africa (-X%) displayed negative dynamics.

In value terms, South Africa ($X) remains the largest sheep, goat, cow fat supplier in Africa, making up X% of global exports. The second position in the ranking was occupied by Namibia ($X), with a X% share of global exports. It was followed by Egypt, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in South Africa amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Namibia (-X% per year) and Egypt (-X% per year).

Sheep, Goat, Cow Fat Export Prices by Country in Africa

The sheep, goat, cow fat export price in Africa stood at $X per ton in 2017, coming up by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2014, when the export prices increased by X% year-to-year. In that year, the export prices for fats of bovine animals, sheep or goats attained their peak level of $X per ton. From 2015 to 2017, growth of the export prices for fats of bovine animals, sheep or goats failed to regain its momentum.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Namibia ($X per ton) and Botswana ($X per ton), while Egypt ($X per ton) and South Africa ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Namibia (+X% per year), while the other leaders experienced more modest paces of growth.

Sheep, Goat, Cow Fat Imports in Africa

The imports totaled X tons in 2017, growing by X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2017, with an increase of X% y-o-y. In that year, the sheep, goat, cow fat imports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, sheep, goat, cow fat imports totaled $X in 2017. The sheep, goat, cow fat imports continue to indicate a slight reduction. The level of imports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Sheep, Goat, Cow Fat Imports by Country in Africa

Nigeria was the major importing country with an import of around X tons, which finished at X% of total imports. It was distantly followed by South Africa (X tons) and Morocco (X tons), together generating X% share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by South Africa (+X% per year), while the other leaders experienced mixed trends in the imports figures.

In value terms, Nigeria ($X) constitutes the largest market for imported fats of bovine animals, sheep or goats in Africa, making up X% of global imports. The second position in the ranking was occupied by South Africa ($X), with a X% share of global imports. It was followed by Morocco, with a X% share.

In Nigeria, sheep, goat, cow fat imports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: South Africa (+X% per year) and Morocco (-X% per year).

Sheep, Goat, Cow Fat Import Prices by Country in Africa

In 2017, the sheep, goat, cow fat import price in Africa amounted to $X per ton, coming up by X% against the previous year. The sheep, goat, cow fat import price continues to indicate a drastic contraction. The pace of growth was the most pronounced in 2017, when it surged by X% y-o-y. The level of import price peaked of $X per ton in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Nigeria ($X per ton), while South Africa ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Nigeria (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform