SADC: Market for Fresh Bread and Miscellaneous Bakery 2024

Market Size for Fresh Bread and Miscellaneous Bakery in SADC

The SADC market for fresh bread and miscellaneous bakery was estimated at $X in 2023, with an increase of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market remained at a somewhat lower figure.

Production of Fresh Bread and Miscellaneous Bakery in SADC

In value terms, fresh bread and miscellaneous bakery production rose to $X in 2023 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, production reached the peak level of $X. From 2022 to 2023, production growth remained at a lower figure.

Exports of Fresh Bread and Miscellaneous Bakery

Exports in SADC

In 2023, shipments abroad of fresh bread and miscellaneous bakery decreased by X% to X tons, falling for the fourth year in a row after five years of growth. Overall, exports saw a pronounced curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2023, the exports remained at a lower figure.

In value terms, fresh bread and miscellaneous bakery exports declined notably to $X in 2023. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2023, the exports failed to regain momentum.

Exports by Country

South Africa dominates exports structure, accounting for X tons, which was approx. X% of total exports in 2023. Swaziland (X tons) held a minor share of total exports.

Exports from South Africa decreased at an average annual rate of X% from 2012 to 2023. At the same time, Swaziland (X%) displayed positive paces of growth. Moreover, Swaziland emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2023. While the share of South Africa (X p.p.) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest fresh bread and miscellaneous bakery supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Swaziland ($X), with a X% share of total exports.

In South Africa, fresh bread and miscellaneous bakery exports shrank by an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in SADC amounted to $X per ton, standing approx. at the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 when the export price increased by X%. The level of export peaked in 2023 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Swaziland ($X per ton), while South Africa amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Swaziland (X%).

Imports of Fresh Bread and Miscellaneous Bakery

Imports in SADC

Fresh bread and miscellaneous bakery imports reduced to X tons in 2023, shrinking by X% against the previous year's figure. Overall, imports showed a pronounced curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports failed to regain momentum.

In value terms, fresh bread and miscellaneous bakery imports shrank slightly to $X in 2023. In general, imports recorded a mild descent. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

South Africa represented the key importer of fresh bread and miscellaneous bakery in SADC, with the volume of imports accounting for X tons, which was near X% of total imports in 2023. It was distantly followed by Mauritius (X tons), Mozambique (X tons), Namibia (X tons) and Angola (X tons), together committing a X% share of total imports. Tanzania (X tons), Swaziland (X tons), Lesotho (X tons), Zambia (X tons) and Madagascar (X tons) held a relatively small share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Tanzania (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest fresh bread and miscellaneous bakery importing markets in SADC were South Africa ($X), Mauritius ($X) and Namibia ($X), with a combined X% share of total imports. Angola, Mozambique, Tanzania, Madagascar, Lesotho, Zambia and Swaziland lagged somewhat behind, together accounting for a further X%.

Tanzania, with a CAGR of X%, saw the highest growth rate of 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 2023, the import price in SADC amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, import prices hit record highs in 2023 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Mauritius ($X per ton), while Mozambique ($X per ton) was amongst the lowest.

From 2012 to 2023, 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