SADC: Fresh Beef Carcase Market 2024

Fresh Beef Carcase Market Size in SADC

The SADC fresh beef carcase market reduced slightly to $X in 2022, waning by X% against the previous year. The total consumption indicated buoyant 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, consumption increased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Fresh Beef Carcase Production in SADC

In value terms, fresh beef carcase production contracted modestly to $X in 2022 estimated in export price. The total production indicated a prominent expansion 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, production increased by X% against 2020 indices. The growth pace was the most rapid in 2015 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Fresh Beef Carcase Exports

Exports in SADC

In 2022, approx. X tons of fresh or chilled carcases of beef and veal were exported in SADC; shrinking by X% on 2021. Over the period under review, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, fresh beef carcase exports declined markedly to $X in 2022. Overall, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

South Africa represented the main exporter of fresh or chilled carcases of beef and veal in SADC, with the volume of exports finishing at X tons, which was approx. X% of total exports in 2022. Botswana (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Tanzania (X%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Botswana (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, South Africa ($X) remains the largest fresh beef carcase supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Botswana ($X), with a X% share of total exports.

In South Africa, fresh beef carcase exports 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: Botswana (X% per year) and Tanzania (X% per year).

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the export price increased by X%. The level of export peaked at $X per ton in 2021, and then contracted markedly in the following year.

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 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 Tanzania (X%), while the other leaders experienced mixed trends in the export price figures.

Fresh Beef Carcase Imports

Imports in SADC

Fresh beef carcase imports contracted dramatically to X tons in 2022, declining by X% on the year before. Overall, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2021 with an increase of X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, fresh beef carcase imports shrank dramatically to $X in 2022. Over the period under review, imports recorded a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, South Africa (X tons), distantly followed by Mozambique (X tons), Swaziland (X tons), Lesotho (X tons) and Angola (X tons) were the largest importers of fresh or chilled carcases of beef and veal, together constituting X% of total imports. The following importers - Seychelles (X tons) and Mauritius (X tons) - each reached a X% share of total imports.

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

In value terms, South Africa ($X), Mozambique ($X) and Swaziland ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Lesotho, Mauritius, Seychelles and Angola lagged somewhat behind, together accounting for a further X%.

Seychelles, with a CAGR of X%, recorded the highest rates of growth with regard to 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 2022, the import price in SADC amounted to $X per ton, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, 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 2022, the most notable rate of growth in terms of prices was attained by Swaziland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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