Africa: Preserved Cows Meat Market 2024

Preserved Cows Meat Market Size in Africa

The African preserved cows meat market declined to $X in 2022, dropping by X% against the previous year. Overall, consumption, however, saw a strong increase. The level of consumption peaked at $X in 2021, and then shrank in the following year.

Preserved Cows Meat Production in Africa

In value terms, preserved cows meat production reduced slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a prominent expansion. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, production attained the peak level of $X; afterwards, it flattened through to 2022.

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Preserved Cows Meat Exports

Exports in Africa

After five years of decline, overseas shipments of prepared or preserved meat or offal of bovine animals increased by X% to X tons in 2022. In general, exports, however, saw a noticeable decline. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, preserved cows meat exports skyrocketed to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

South Africa dominates exports structure, reaching X tons, which was approx. X% of total exports in 2022. Namibia (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Egypt (X%).

Exports from South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Egypt (X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Namibia (X%) illustrated a downward trend over the same period. South Africa (X p.p.) and Egypt (X p.p.) significantly strengthened its position in terms of the total exports, while Namibia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, South Africa ($X) remains the largest preserved cows meat supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Egypt ($X), with an X% share of total exports.

In South Africa, preserved cows meat exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Egypt (X% per year) and Namibia (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, growing by X% against the previous year. Export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, preserved cows meat export price increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Egypt ($X per ton), while Namibia ($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 (X%), while the other leaders experienced more modest paces of growth.

Preserved Cows Meat Imports

Imports in Africa

In 2022, imports of prepared or preserved meat or offal of bovine animals in Africa skyrocketed to X tons, rising by X% against the previous year. Total imports indicated a modest increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, preserved cows meat imports rose slightly to $X in 2022. Over the period under review, imports, however, continue to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The purchases of the four major importers of prepared or preserved meat or offal of bovine animals, namely Ghana, Angola, Democratic Republic of the Congo and Congo, represented more than half of total import. It was distantly followed by Namibia (X tons), creating a X% share of total imports. The following importers - Guinea (X tons), Botswana (X tons), Cote d'Ivoire (X tons), Burundi (X tons), Gambia (X tons), Gabon (X tons), Cameroon (X tons) and Mauritius (X tons) - together made up X% of total imports.

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

In value terms, the largest preserved cows meat importing markets in Africa were Angola ($X), Burundi ($X) and Ghana ($X), with a combined X% share of total imports.

Burundi, with a CAGR of X%, recorded 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

In 2022, the import price in Africa amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the import price recorded a pronounced descent. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Burundi ($X per ton), while Democratic Republic of the Congo ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Burundi (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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