Africa: Market for Frozen Pig Meat Other Than Cuts Or Carcases 2024

Market Size for Frozen Pig Meat Other Than Cuts Or Carcases in Africa

The African market for frozen pig meat other than cuts or carcases declined modestly to $X in 2022, remaining constant against the previous year. Overall, consumption, however, recorded a temperate expansion. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Production of Frozen Pig Meat Other Than Cuts Or Carcases in Africa

In value terms, production of frozen pig meat other than cuts or carcases dropped to $X in 2022 estimated in export price. In general, production, however, enjoyed temperate growth. The most prominent rate of growth was recorded in 2018 with an increase of 58%. As a result, production attained the peak level of $X. From 2019 to 2022, production of growth remained at a somewhat lower figure.

The country with the largest volume of production of frozen pig meat other than cuts or carcases was Nigeria (X tons), comprising approx. 35% of total volume. Moreover, production of frozen pig meat other than cuts or carcases in Nigeria exceeded the figures recorded by the second-largest producer, Egypt (X tons), threefold. South Africa (X tons) ranked third in terms of total production with a 9.4% share.

From 2012 to 2022, the average annual growth rate of volume in Nigeria amounted to +9.7%. In the other countries, the average annual rates were as follows: Egypt (+1.1% per year) and South Africa (+5.1% per year).

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Exports of Frozen Pig Meat Other Than Cuts Or Carcases

Exports in Africa

After two years of growth, overseas shipments of frozen pig meat other than cuts or carcases decreased by -1.3% to X tons in 2022. Total exports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +8.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +28.1% against 2019 indices. The most prominent rate of growth was recorded in 2017 when exports increased by 43%. Over the period under review, the exports of attained the peak figure at X tons in 2021, and then contracted slightly in the following year.

In value terms, exports of frozen pig meat other than cuts or carcases contracted to $X in 2022. Total exports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.4% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 51% against the previous year. As a result, the exports reached the peak of $X, and then dropped slightly in the following year.

Exports by Country

In 2022, South Africa (X tons) represented the major exporter of frozen pig meat other than cuts or carcases, committing 77% of total exports. Namibia (X tons) ranks second in terms of the total exports with an 11% share, followed by Mauritania (6.7%). Kenya (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to frozen pig meat other than cuts or carcases exports from South Africa stood at +10.3%. At the same time, Namibia (+34.0%) and Mauritania (+18.2%) displayed positive paces of growth. Moreover, Namibia emerged as the fastest-growing exporter exported in Africa, with a CAGR of +34.0% from 2012-2022. By contrast, Kenya (-11.9%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Africa, Namibia and Mauritania increased by +10, +9.3 and +3.8 percentage points, respectively.

In value terms, South Africa ($X) remains the largest frozen pig meat other than cuts or carcases supplier in Africa, comprising 83% of total exports. The second position in the ranking was held by Namibia ($X), with an 8% share of total exports. It was followed by Kenya, with a 4% share.

From 2012 to 2022, the average annual growth rate of value in South Africa amounted to +7.3%. The remaining exporting countries recorded the following average annual rates of exports growth: Namibia (+33.2% per year) and Kenya (-14.4% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, falling by -3.7% against the previous year. Over the period under review, the export price showed a pronounced reduction. The most prominent rate of growth was recorded in 2021 an increase of 23%. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kenya ($X per ton), while Mauritania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (-0.6%), while the other leaders experienced a decline in the export price figures.

Imports of Frozen Pig Meat Other Than Cuts Or Carcases

Imports in Africa

In 2022, approx. X tons of frozen pig meat other than cuts or carcases were imported in Africa; declining by -12.5% on 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 38%. As a result, imports attained the peak of X tons, and then declined in the following year.

In value terms, imports of frozen pig meat other than cuts or carcases shrank markedly to $X in 2022. In general, imports continue to indicate a perceptible decrease. The pace of growth was the most pronounced in 2021 when imports increased by 47% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of imports of frozen pig meat other than cuts or carcases in 2022 were Angola (X tons), Congo (X tons), Democratic Republic of the Congo (X tons), Cote d'Ivoire (X tons), South Africa (X tons), Liberia (X tons) and Gabon (X tons), together accounting for 89% of total import.

From 2012 to 2022, the biggest increases were recorded for Congo (with a CAGR of +19.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen pig meat other than cuts or carcases importing markets in Africa were South Africa ($X), Angola ($X) and Congo ($X), together comprising 52% of total imports.

Congo, with a CAGR of +17.6%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Africa stood at $X per ton in 2022, declining by -4.8% against the previous year. Overall, the import price continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2014 when the import price increased by 11% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was South Africa ($X per ton), while Liberia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (-0.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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