SADC: Preserved Beef Market 2024

Preserved Beef Market Size in SADC

The SADC preserved beef market stood at $X in 2022, growing by X% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Preserved Beef Production in SADC

In value terms, preserved beef production stood at $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; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Preserved Beef Exports

Exports in SADC

In 2022, overseas shipments of beef and veal (salted, in brine, dried or smoked) increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, preserved beef exports surged to $X in 2022. Overall, exports, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Africa represented the major exporting country with an export of around X tons, which amounted to X% of total exports. Namibia (X tons) held the second position in the ranking, distantly followed by Botswana (X tons) and Zimbabwe (X tons). All these countries together took near X% share of total exports. Tanzania (X tons) and Madagascar (X tons) took a minor share of total exports.

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

In value terms, South Africa ($X), Namibia ($X) and Zimbabwe ($X) were the countries with the highest levels of exports in 2022, together comprising X% of total exports.

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

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, rising by X% against the previous year. In general, the export price, however, saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 an increase of X%. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

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

Preserved Beef Imports

Imports in SADC

In 2022, purchases abroad of beef and veal (salted, in brine, dried or smoked) increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, imports, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2017 when imports increased by X%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, preserved beef imports skyrocketed to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt slump. The level of import peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Angola prevails in imports structure, reaching X tons, which was near X% of total imports in 2022. The following importers - South Africa (X tons) and Comoros (X tons) - each accounted for a X% share of total imports.

Imports into Angola decreased at an average annual rate of X% from 2012 to 2022. Comoros (X%) and South Africa (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Angola increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Angola ($X) constitutes the largest market for imported beef and veal (salted, in brine, dried or smoked) in SADC, comprising X% of total imports. The second position in the ranking was taken by South Africa ($X), with a X% share of total imports.

In Angola, preserved beef imports contracted by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: South Africa (X% per year) and Comoros (X% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, picking up by X% against the previous year. Import price indicated a mild 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 beef import price decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 when the import price increased by X%. The level of import peaked at $X per ton in 2015; however, from 2016 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 South Africa ($X per ton), while Angola ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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