SADC: Market for Meat Preparations of Poultry 2024

Market Size for Meat Preparations of Poultry in SADC

The SADC meat preparations of poultry market was finally on the rise to reach $X in 2022, after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Meat Preparations of Poultry in SADC

In value terms, meat preparations of poultry production contracted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Meat Preparations of Poultry

Exports in SADC

In 2022, meat preparations of poultry exports in SADC rose markedly to X tons, increasing by X% compared with 2021 figures. In general, exports showed strong growth. The pace of growth was the most pronounced in 2015 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, meat preparations of poultry exports soared to $X in 2022. Over the period under review, exports saw a measured increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. The level of export peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from South Africa (X tons), together accounting for X% of total export.

South Africa was also the fastest-growing in terms of the meat preparations of poultry exports, with a CAGR of X% from 2012 to 2022. While the share of South Africa (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest meat preparations of poultry supplier in SADC.

From 2012 to 2022, the average annual growth rate of value in South Africa stood at X%.

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to X% per year.

Imports of Meat Preparations of Poultry

Imports in SADC

In 2022, the amount of meat preparations of poultry imported in SADC contracted slightly to X tons, shrinking by X% on 2021. Total imports indicated a resilient increase from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, meat preparations of poultry imports rose remarkably to $X in 2022. Total imports indicated a buoyant 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

Mauritius was the major importer of meat preparations of poultry in SADC, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2022. Namibia (X tons) ranks second in terms of the total imports with a X% share, followed by South Africa (X%), Mozambique (X%) and Angola (X%). The following importers - Democratic Republic of the Congo (X tons) and Botswana (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to meat preparations of poultry imports into Mauritius stood at X%. At the same time, Democratic Republic of the Congo (X%), Namibia (X%) and Mozambique (X%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. Angola experienced a relatively flat trend pattern. By contrast, Botswana (X%) and South Africa (X%) illustrated a downward trend over the same period. Mauritius (X p.p.), Namibia (X p.p.) and Democratic Republic of the Congo (X p.p.) significantly strengthened its position in terms of the total imports, while Mozambique, Botswana, Angola and South Africa saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively.

In value terms, Mauritius ($X) constitutes the largest market for imported meat preparations of poultry in SADC, comprising X% of total imports. The second position in the ranking was held by Namibia ($X), with a X% share of total imports. It was followed by Mozambique, with an X% share.

In Mauritius, meat preparations of poultry imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Namibia (X% per year) and Mozambique (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain 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 ($X per ton), while Democratic Republic of the Congo ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mozambique (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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