SADC: Preserved Cows Meat Market 2024

Preserved Cows Meat Market Size in SADC

The SADC preserved cows meat market rose slightly to $X in 2022, growing by X% against the previous year. The total consumption indicated a pronounced increase 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 decreased by X% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Preserved Cows Meat Production in SADC

In value terms, preserved cows meat production totaled $X in 2022 estimated in export price. The total production 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, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Preserved Cows Meat Exports

Exports in SADC

In 2022, overseas shipments of prepared or preserved meat or offal of bovine animals were finally on the rise to reach X tons after five years of decline. In general, exports, however, recorded a noticeable decrease. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, preserved cows meat exports soared to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa dominates exports structure, recording X tons, which was approx. X% of total exports in 2022. It was distantly followed by Namibia (X tons), committing a X% share of total exports.

South Africa was also the fastest-growing in terms of the prepared or preserved meat or offal of bovine animals exports, with a CAGR of X% from 2012 to 2022. Namibia (X%) illustrated a downward trend over the same period. South Africa (X p.p.) significantly strengthened its position in terms of the total exports, while Namibia saw its share reduced by X% from 2012 to 2022, respectively.

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

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

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, surging by X% against the previous year. Export price indicated a pronounced increase from 2012 to 2022: its price 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, preserved cows meat export price increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2021 when the export price increased by X%. Over the period under review, the export prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.

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 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%).

Preserved Cows Meat Imports

Imports in SADC

In 2022, supplies from abroad of prepared or preserved meat or offal of bovine animals increased by X% to X tons for the first time since 2016, thus ending a five-year declining trend. Overall, imports continue to indicate a relatively flat trend pattern. 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, preserved cows meat imports soared to $X in 2022. Over the period under review, imports, however, saw a perceptible reduction. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Angola (X tons) and Democratic Republic of the Congo (X tons) were the largest importers of prepared or preserved meat or offal of bovine animals in SADC, together amounting to near X% of total imports. It was distantly followed by Namibia (X tons), Botswana (X tons) and Mauritius (X tons), together making up a X% share of total imports. The following importers - Lesotho (X tons) and Seychelles (X tons) - together made up X% of total imports.

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

In value terms, Angola ($X) constitutes the largest market for imported prepared or preserved meat or offal of bovine animals in SADC, comprising X% of total imports. The second position in the ranking was held by Namibia ($X), with a X% share of total imports. It was followed by Botswana, with a X% share.

In Angola, preserved cows meat imports plunged by 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 Botswana (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, with a decrease of X% against the previous year. In general, the import price showed a perceptible setback. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: 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 Botswana (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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