Africa: Fresh Beef Cut Market 2020

Fresh Beef Cut Market Size in Africa

The revenue of the fresh beef cut market in Africa amounted to $X in 2017, dropping by -X% against the previous year. The fresh beef cut consumption continues to indicate a strong increase. The pace of growth appeared the most rapid in 2011, when it surged by X% y-o-y. The level of fresh beef cut consumption peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Fresh Beef Cut Production in Africa

The fresh beef cut production totaled X tons in 2017, rising by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2014, when the output figure increased by X% year-to-year. The volume of fresh beef cut production peaked in 2017, and is likely to see steady growth in the near future.

Fresh Beef Cut Exports in Africa

The exports amounted to X tons in 2017, increasing by X% against the previous year. The total export 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 growth pace was the most rapid in 2010, with an increase of X% y-o-y. In that year, the fresh beef cut exports reached their peak volume of X tons. From 2011 to 2017, growth of the fresh beef cut exports failed to regain its momentum.

In value terms, fresh beef cut exports amounted to $X in 2017. The total export value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. In that year, the fresh beef cut exports reached their peak level of $X. From 2011 to 2017, growth of the fresh beef cut exports stood at a somewhat lower level.

Fresh Beef Cut Exports by Country in Africa

South Africa (X tons) and Botswana (X tons) represented roughly X% of total exports of fresh or chilled cuts of beef and veal in 2017. It was distantly followed by Namibia (X tons), creating X% share of total exports. Madagascar (X tons) and Kenya (X tons) followed a long way behind the leaders.

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

In value terms, South Africa ($X), Botswana ($X) and Namibia ($X) constituted the countries with the highest levels of exports in 2017, with a combined X% share of total exports. These countries were followed by Kenya and Madagascar, which together accounted for a further X%.

In terms of the main exporting countries , Kenya (+X% per year) experienced the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Fresh Beef Cut Export Prices by Country in Africa

In 2017, the fresh beef cut export price in Africa amounted to $X per ton, picking up by X% against the previous year. The fresh beef cut export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008, when the export prices increased by X% year-to-year. Over the period under review, the export prices for fresh or chilled cuts of beef and veal attained its peak figure level of $X per ton in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Namibia ($X per ton), while Madagascar ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Madagascar (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Fresh Beef Cut Imports in Africa

The imports amounted to X tons in 2017, waning by -X% against the previous year. The fresh beef cut imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2014, when imports increased by X% y-o-y. In that year, the fresh beef cut imports reached their peak volume of X tons. From 2015 to 2017, growth of the fresh beef cut imports stood at a somewhat lower level.

In value terms, fresh beef cut imports amounted to $X in 2017. The fresh beef cut imports continue to indicate a prominent expansion. In that year, the fresh beef cut imports reached their peak level of $X. From 2015 to 2017, growth of the fresh beef cut imports stood at a somewhat lower level.

Fresh Beef Cut Imports by Country in Africa

Algeria prevails in fresh beef cut imports structure, amounting to X tons, which was approx. X% of total imports in 2017. It was distantly followed by Swaziland (X tons), committing X% share of total imports. Mauritius (X tons), Angola (X tons), Egypt (X tons), Lesotho (X tons) and Mozambique (X tons) held the slight share of total imports.

Imports into Algeria increased at an average annual rate of +X% from 2007 to 2017. At the same time, Egypt (+X%), Lesotho (+X%), Angola (+X%), Mauritius (+X%) and Mozambique (+X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest growing importer in Africa, with a CAGR of +X% from 2007-2017. Swaziland experienced a relatively flat trend pattern. While the share of Angola (-X%), Egypt (-X%) and Algeria (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Algeria ($X) constitutes the largest market for imported fresh or chilled cuts of beef and veal in Africa, making up X% of global imports. The second position in the ranking was occupied by Mauritius ($X), with a X% share of global imports. It was followed by Lesotho, with a X% share.

In Algeria, fresh beef cut imports increased at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Mauritius (+X% per year) and Lesotho (+X% per year).

Fresh Beef Cut Import Prices by Country in Africa

The fresh beef cut import price in Africa stood at $X per ton in 2017, therefore, remained relatively stable against the previous year. The fresh beef cut import price continues to indicate a slight reduction. The most prominent rate of growth was recorded in 2011, when the import prices increased by X% year-to-year. Over the period under review, the import prices for fresh or chilled cuts of beef and veal reached its peak figure level of $X per ton in 2012; however, from 2013 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 Mauritius ($X per ton), while Swaziland ($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 Mozambique (+X% per year), while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform