SADC: Bread And Bakery Market 2024

Bread And Bakery Market Size in SADC

The SADC bread and bakery market rose modestly to $X in 2023, increasing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market failed to regain momentum.

Bread And Bakery Production in SADC

In value terms, bread and bakery production rose modestly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid 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 somewhat lower figure.

Bread And Bakery Exports

Exports in SADC

For the third consecutive year, SADC recorded growth in shipments abroad of bread and bakery, which increased by X% to X tons in 2023. Over the period under review, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when exports increased by X%. The volume of export peaked in 2023 and is expected to retain growth in the near future.

In value terms, bread and bakery exports contracted slightly to $X in 2023. In general, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2022, and then reduced modestly in the following year.

Exports by Country

South Africa was the key exporter of bread and bakery in SADC, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2023. Zambia (X tons) ranks second in terms of the total exports with a X% share, followed by Zimbabwe (X%).

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Zambia (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, South Africa ($X), Zambia ($X) and Zimbabwe ($X) constituted the countries with the highest levels of exports in 2023, together comprising X% of total exports.

Among the main exporting countries, Zimbabwe, with a CAGR of X%, recorded 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

In 2023, the export price in SADC amounted to $X per ton, which is down by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the export price increased by X%. Over the period under review, the export prices attained the peak figure at $X per ton in 2022, and then shrank dramatically in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Zimbabwe ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced mixed trends in the export price figures.

Bread And Bakery Imports

Imports in SADC

After two years of growth, overseas purchases of bread and bakery decreased by X% to X tons in 2023. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2019 when imports increased by X%. The volume of import peaked at X tons in 2014; however, from 2015 to 2023, imports remained at a lower figure.

In value terms, bread and bakery imports reached $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the peak figure in 2023 and are likely to see steady growth in the near future.

Imports by Country

The purchases of the three major importers of bread and bakery, namely Democratic Republic of the Congo, South Africa and Angola, represented more than half of total import. Mozambique (X tons) took the next position in the ranking, followed by Mauritius (X tons), Tanzania (X tons) and Namibia (X tons). All these countries together took approx. X% 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 Democratic Republic of the Congo (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Democratic Republic of the Congo ($X) and Mauritius ($X) constituted the countries with the highest levels of imports in 2023, together accounting for X% of total imports. Angola, Mozambique, Namibia and Tanzania lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Tanzania, with a CAGR of X%, saw 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

The import price in SADC stood at $X per ton in 2023, increasing by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2023, the import prices failed to regain momentum.

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 ($X per ton), while Angola ($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