Africa: Processed Meat Market 2024

Processed Meat Market Size in Africa

The African processed meat market expanded slightly to $X in 2022, picking up by X% against the previous year. The total consumption indicated tangible growth from 2012 to 2022: its value 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, consumption decreased by X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Processed Meat Production in Africa

In value terms, processed meat production amounted to $X in 2022 estimated in export price. The total production indicated measured growth from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Processed Meat Exports

Exports in Africa

In 2022, approx. X tons of processed meat were exported in Africa; with a decrease of X% compared with 2021 figures. Overall, exports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2013 with an increase of X%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, processed meat exports fell modestly to $X in 2022. Over the period under review, exports continue to indicate a noticeable decline. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa dominates exports structure, amounting to X tons, which was approx. X% of total exports in 2022. It was distantly followed by Egypt (X tons), creating a X% share of total exports. The following exporters - Kenya (X tons), Tunisia (X tons), Morocco (X tons), Nigeria (X tons) and Namibia (X tons) - together made up X% of total exports.

South Africa experienced a relatively flat trend pattern with regard to volume of exports of processed meat. At the same time, Tunisia (X%) displayed positive paces of growth. Moreover, Tunisia emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. Kenya experienced a relatively flat trend pattern. By contrast, Egypt (X%), Morocco (X%), Namibia (X%) and Nigeria (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Africa, Tunisia and Kenya increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In South Africa, processed meat exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Egypt (X% per year) and Kenya (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Egypt ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (X%), while the other leaders experienced mixed trends in the export price figures.

Processed Meat Imports

Imports in Africa

Processed meat imports rose notably to X tons in 2022, surging by X% against the year before. In general, imports, however, saw a slight contraction. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, processed meat imports stood at $X in 2022. Overall, imports, however, recorded a pronounced curtailment. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Angola represented the major importer of processed meat in Africa, with the volume of imports reaching X tons, which was approx. X% of total imports in 2022. Ghana (X tons) took an X% share (based on physical terms) of total imports, which put it in second place, followed by Democratic Republic of the Congo (X%). Lesotho (X tons), Mauritius (X tons), Congo (X tons), Gabon (X tons), Sierra Leone (X tons), Gambia (X tons), Namibia (X tons), Morocco (X tons), Botswana (X tons) and Liberia (X tons) took a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to processed meat imports into Angola stood at X%. At the same time, Democratic Republic of the Congo (X%), Botswana (X%), Gambia (X%), Morocco (X%), Sierra Leone (X%), Lesotho (X%), Congo (X%), Ghana (X%), Namibia (X%), Mauritius (X%) and Gabon (X%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. By contrast, Liberia (X%) illustrated a downward trend over the same period. While the share of Democratic Republic of the Congo (X p.p.), Ghana (X p.p.), Lesotho (X p.p.), Gambia (X p.p.), Botswana (X p.p.), Morocco (X p.p.), Sierra Leone (X p.p.), Congo (X p.p.) and Mauritius (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Angola (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Angola ($X) constitutes the largest market for imported processed meat in Africa, comprising X% of total imports. The second position in the ranking was held by Mauritius ($X), with a X% share of total imports. It was followed by Morocco, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Angola totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Mauritius (X% per year) and Morocco (X% per year).

Import Prices by Country

The import price in Africa stood at $X per ton in 2022, remaining constant against the previous year. Over the period under review, the import price, however, showed a mild reduction. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. The level of import peaked 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 Morocco ($X per ton), while Democratic Republic of the Congo ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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