SADC: Organ Extracts Market 2024

Organ Extracts Market Size in SADC

The SADC organ extracts market shrank significantly to $X in 2022, dropping by X% against the previous year. Overall, consumption, however, showed a abrupt contraction. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Organ Extracts Production in SADC

In value terms, organ extracts production dropped slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Organ Extracts Exports

Exports in SADC

In 2022, the amount of extracts of glands or other organs or of their secretions exported in SADC skyrocketed to X tons, rising by X% against the previous year's figure. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2019 with an increase of X%. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, organ extracts exports soared to $X in 2022. Overall, exports posted significant growth. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

In 2022, Zambia (X tons) represented the largest exporter of extracts of glands or other organs or of their secretions, creating X% of total exports. It was distantly followed by South Africa (X tons), making up a X% share of total exports.

Zambia experienced a relatively flat trend pattern with regard to volume of exports of extracts of glands or other organs or of their secretions. At the same time, South Africa (X%) displayed positive paces of growth. Moreover, South Africa emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Zambia increased by X percentage points.

In value terms, South Africa ($X) remains the largest organ extracts supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Zambia ($X), with a X% share of total exports.

In South Africa, organ extracts exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, waning by X% against the previous year. In general, the export price showed a noticeable slump. The most prominent rate of growth was recorded in 2016 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Organ Extracts Imports

Imports in SADC

Organ extracts imports expanded significantly to X tons in 2022, with an increase of X% compared with the previous year. Overall, imports, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, organ extracts imports shrank remarkably to $X in 2022. Over the period under review, imports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Angola represented the largest importing country with an import of around X tons, which resulted at X% of total imports. It was distantly followed by South Africa (X tons), creating a X% share of total imports. Seychelles (X kg), Botswana (X kg), Zambia (X kg) and Mozambique (X kg) held a little share of total imports.

Imports into Angola increased at an average annual rate of X% from 2012 to 2022. At the same time, Seychelles (X%) and Mozambique (X%) displayed positive paces of growth. Moreover, Seychelles emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. Botswana experienced a relatively flat trend pattern. By contrast, South Africa (X%) and Zambia (X%) illustrated a downward trend over the same period. Angola (X p.p.), Seychelles (X p.p.) and Mozambique (X p.p.) significantly strengthened its position in terms of the total imports, while Zambia and South Africa saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported extracts of glands or other organs or of their secretions in SADC, comprising X% of total imports. The second position in the ranking was taken by Angola ($X), with an X% share of total imports. It was followed by Seychelles, with a X% share.

In South Africa, organ extracts 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: Angola (X% per year) and Seychelles (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, reducing by X% against the previous year. Overall, the import price showed a abrupt shrinkage. The growth pace was the most rapid in 2019 when the import price increased by X%. Over the period under review, import prices reached the maximum at $X per ton in 2013; however, from 2014 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 ($X per ton), while Botswana ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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