Africa: Veterinary Medicine Vaccines Market 2024

Veterinary Medicine Vaccines Market Size in Africa

The African veterinary medicine vaccines market reduced sharply to $X in 2022, dropping by X% against the previous year. Overall, consumption saw a perceptible shrinkage. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Veterinary Medicine Vaccines Production in Africa

In value terms, veterinary medicine vaccines production dropped to $X in 2022 estimated in export price. The total production indicated temperate 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 increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2015 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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Veterinary Medicine Vaccines Exports

Exports in Africa

In 2022, approx. X tons of vaccines for veterinary medicine were exported in Africa; shrinking by X% against 2021. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, veterinary medicine vaccines exports shrank to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2021, and then reduced in the following year.

Exports by Country

South Africa prevails in exports structure, amounting to X tons, which was approx. X% of total exports in 2022. It was distantly followed by Morocco (X tons) and Kenya (X tons), together generating a X% share of total exports. The following exporters - Egypt (X tons) and Botswana (X tons) - each resulted at a X% share of total exports.

Exports from South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Egypt (X%) and Morocco (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, Botswana (X%) and Kenya (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Morocco, Kenya and Egypt increased by X, X and X percentage points, respectively.

In value terms, South Africa ($X) remains the largest veterinary medicine vaccines supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Botswana ($X), with a X% share of total exports. It was followed by Morocco, with a X% share.

In South Africa, veterinary medicine vaccines 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: Botswana (X% per year) and Morocco (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, with a decrease of X% against the previous year. Export price indicated a measured expansion 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, veterinary medicine vaccines export price increased by X% against 2019 indices. The growth pace was the most rapid in 2015 an increase of X%. Over the period under review, the export prices reached the maximum at $X per ton in 2021, and then fell modestly in the following year.

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 Botswana ($X per ton), while Kenya ($X per ton) was amongst the lowest.

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

Veterinary Medicine Vaccines Imports

Imports in Africa

In 2022, the amount of vaccines for veterinary medicine imported in Africa plummeted to X tons, which is down by X% against the year before. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, veterinary medicine vaccines imports contracted markedly to $X in 2022. Total imports indicated a pronounced increase 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. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then reduced remarkably in the following year.

Imports by Country

In 2022, South Africa (X tons), distantly followed by Botswana (X tons), Namibia (X tons), Zambia (X tons) and Algeria (X tons) were the largest importers of vaccines for veterinary medicine, together mixing up X% of total imports. Egypt (X tons), Morocco (X tons), Kenya (X tons), Tanzania (X tons), Mozambique (X tons), Zimbabwe (X tons), Tunisia (X tons) and Uganda (X tons) held a relatively small share of total imports.

South Africa was also the fastest-growing in terms of the vaccines for veterinary medicine imports, with a CAGR of X% from 2012 to 2022. At the same time, Botswana (X%), Mozambique (X%), Algeria (X%), Zimbabwe (X%), Morocco (X%), Kenya (X%) and Tunisia (X%) displayed positive paces of growth. Namibia experienced a relatively flat trend pattern. By contrast, Zambia (X%), Tanzania (X%), Uganda (X%) and Egypt (X%) illustrated a downward trend over the same period. South Africa (X p.p.), Botswana (X p.p.), Kenya (X p.p.) and Algeria (X p.p.) significantly strengthened its position in terms of the total imports, while Tanzania, Uganda, Zambia and Egypt saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest veterinary medicine vaccines importing markets in Africa were South Africa ($X), Egypt ($X) and Morocco ($X), with a combined X% share of total imports. Algeria, Namibia, Tunisia, Zambia, Botswana, Zimbabwe, Uganda, Kenya, Mozambique and Tanzania lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Algeria, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, 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 from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2016 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2021, and then contracted sharply in the following year.

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

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

Source: IndexBox Platform

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