SADC: Pork Market 2024

Pork Market Size in SADC

In 2022, the SADC pork market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Pork Production in SADC

In value terms, pork production surged to $X in 2022 estimated in export price. Over the period under review, production, however, posted strong growth. The growth pace was the most rapid in 2014 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

The countries with the highest volumes of production in 2022 were South Africa (X tons), Malawi (X tons) and Angola (X tons), with a combined X% share of total production.

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

In 2022, the average pork yield in SADC dropped to X kg per head, declining by X% compared with 2021. In general, the yield continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the pork yield reached the peak level at X kg per head in 2017; however, from 2018 to 2022, the yield stood at a somewhat lower figure.

In 2022, approx. X heads of animals slaughtered for pork production in SADC; rising by X% compared with the year before. The total number of producing animals indicated prominent growth from 2012 to 2022: its figure 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, number of animals slaughtered for pork production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the number of producing animals increased by X% against the previous year. The level of producing animals peaked at X heads in 2019; however, from 2020 to 2022, producing animals failed to regain momentum.

Pork Exports

Exports in SADC

In 2022, after two years of growth, there was significant decline in shipments abroad of pork, when their volume decreased by X% to X tons. Total exports indicated a prominent 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. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2021, and then declined in the following year.

In value terms, pork exports contracted rapidly to $X in 2022. Total exports indicated a notable 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, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then contracted rapidly in the following year.

Exports by Country

South Africa prevails in exports structure, resulting at X tons, which was approx. X% of total exports in 2022. Namibia (X tons) took an X% share (based on physical terms) of total exports, which put it in second place, followed by Zambia (X%).

Exports from South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Zambia (X%) and Namibia (X%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. Namibia (X p.p.) and Zambia (X p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by X% from 2012 to 2022, respectively.

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

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Zambia (X% per year) and Namibia (X% per year).

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, falling by X% against the previous year. Over the period under review, the export price showed a pronounced decrease. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Namibia ($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 export price figures.

Pork Imports

Imports in SADC

In 2022, purchases abroad of pork increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, imports, however, continue to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, pork imports amounted to $X in 2022. Over the period under review, imports, however, showed a pronounced descent. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Angola was the largest importing country with an import of around X tons, which finished at X% of total imports. Democratic Republic of the Congo (X tons) ranks second in terms of the total imports with a X% share, followed by South Africa (X%). The following importers - Namibia (X tons), Mozambique (X tons) and Lesotho (X tons) - each recorded a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Mozambique (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

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

Among the main importing countries, Mozambique, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the import price recorded a noticeable descent. The most prominent rate of growth was recorded in 2019 an increase of X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 South Africa ($X per ton), while Democratic Republic of the Congo ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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