Africa: Market for Yoghurt and Fermented Milk 2024

Market Size for Yoghurt and Fermented Milk in Africa

The African yoghurt and fermented milk market dropped modestly to $X in 2022, reducing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Yoghurt and Fermented Milk in Africa

In value terms, yoghurt and fermented milk production fell to $X in 2022 estimated in export price. The total output value 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 in certain years. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Egypt (X tons) remains the largest yoghurt and fermented milk producing country in Africa, comprising approx. X% of total volume. Moreover, yoghurt and fermented milk production in Egypt exceeded the figures recorded by the second-largest producer, South Africa (X tons), twofold. The third position in this ranking was taken by Uganda (X tons), with an X% share.

In Egypt, yoghurt and fermented milk production expanded at an average annual rate of X% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: South Africa (X% per year) and Uganda (X% per year).

Exports of Yoghurt and Fermented Milk

Exports in Africa

Yoghurt and fermented milk exports amounted to X tons in 2022, increasing by X% against the previous year. In general, exports recorded a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, yoghurt and fermented milk exports skyrocketed to $X in 2022. Total exports indicated notable 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

Zambia (X tons) and South Africa (X tons) prevails in exports structure, together creating X% of total exports. It was distantly followed by Tunisia (X tons) and Ghana (X tons), together generating an X% share of total exports. Egypt (X tons), Senegal (X tons) and Morocco (X tons) took a minor share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Zambia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest yoghurt and fermented milk supplying countries in Africa were Zambia ($X), South Africa ($X) and Tunisia ($X), with a combined X% share of total exports.

Zambia, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, with an increase of X% against the previous year. In general, the export price, however, recorded a pronounced decline. The pace of growth appeared the most rapid in 2017 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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 Egypt ($X per ton), while Ghana ($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 a decline in the export price figures.

Imports of Yoghurt and Fermented Milk

Imports in Africa

After three years of growth, purchases abroad of yoghurt and fermented milk decreased by X% to X tons in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid 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 failed to regain momentum.

In value terms, yoghurt and fermented milk imports fell modestly to $X in 2022. In general, imports recorded a mild decline. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Botswana (X tons), Swaziland (X tons), Nigeria (X tons), Libya (X tons), Togo (X tons), Angola (X tons), Ghana (X tons), Namibia (X tons), South Africa (X tons), Cote d'Ivoire (X tons), Mauritania (X tons) and Lesotho (X tons) represented roughly X% of total imports in 2022. Mozambique (X tons) followed a long way behind the leaders.

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

In value terms, Nigeria ($X), Mozambique ($X) and South Africa ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Botswana, Angola, Ghana, Swaziland, Cote d'Ivoire, Libya, Namibia, Togo, Lesotho and Mauritania lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Cote d'Ivoire, with a CAGR of X%, recorded the highest growth rate of 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, growing by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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