SADC: Market for Preparations Used In Animal Feeding 2024

Market Size for Preparations Used In Animal Feeding in SADC

The SADC preparations for animal feeding market rose slightly to $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Preparations Used In Animal Feeding in SADC

In value terms, preparations for animal feeding production expanded modestly 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 indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Preparations Used In Animal Feeding

Exports in SADC

In 2022, exports of preparations used in animal feeding in SADC was estimated at X tons, increasing by X% compared with 2021 figures. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, preparations for animal feeding exports rose remarkably to $X in 2022. Total exports indicated temperate 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

South Africa was the main exporter of preparations used in animal feeding in SADC, with the volume of exports amounting to X tons, which was near X% of total exports in 2022. It was distantly followed by Swaziland (X tons) and Mauritius (X tons), together generating a X% share of total exports. Tanzania (X tons) held a minor share of total exports.

Exports from South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Tanzania (X%), Swaziland (X%) and Mauritius (X%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. Swaziland (X p.p.), Mauritius (X p.p.) and Tanzania (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 ($X) remains the largest preparations for animal feeding supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Swaziland ($X), with a X% share of total exports. It was followed by Mauritius, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa stood at X%. In the other countries, the average annual rates were as follows: Swaziland (X% per year) and Mauritius (X% per year).

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Swaziland ($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 mixed trends in the export price figures.

Imports of Preparations Used In Animal Feeding

Imports in SADC

In 2022, preparations for animal feeding imports in SADC dropped to X tons, almost unchanged from the year before. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, preparations for animal feeding imports totaled $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

Imports by Country

In 2022, South Africa (X tons), distantly followed by Namibia (X tons), Madagascar (X tons), Botswana (X tons) and Angola (X tons) represented the key importers of preparations used in animal feeding, together mixing up X% of total imports. The following importers - Tanzania (X tons), Mozambique (X tons), Zambia (X tons), Zimbabwe (X tons), Lesotho (X tons), Swaziland (X tons), Mauritius (X tons) and Seychelles (X tons) - together made up X% 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, South Africa ($X) constitutes the largest market for imported preparations used in animal feeding in SADC, comprising X% of total imports. The second position in the ranking was taken by Madagascar ($X), with an X% share of total imports. It was followed by Namibia, with an X% share.

From 2012 to 2022, the average annual growth rate of value in South Africa amounted to X%. In the other countries, the average annual rates were as follows: Madagascar (X% per year) and Namibia (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2022, 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.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Zimbabwe ($X per ton), while Namibia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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