South Africa: Beef Market 2020

Beef Market Size in South Africa

The revenue of the beef market in South Africa amounted to $X in 2017, reducing by -X% against the previous year. Overall, beef consumption continues to indicate a deep shrinkage. The pace of growth was the most pronounced in 2012, with an increase of X% year-to-year. Over the period under review, the beef market attained its maximum level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Beef Production in South Africa

In 2017, the amount of beef (cattle meat) produced in South Africa totaled X tonnes, rising by X% against the previous year. Overall, beef production continues to indicate a remarkable increase. The growth pace was the most rapid in 2017, when it surged by X% y-o-y. In that year, the beef production attained their peak volume, and is likely to continue its growth in the immediate term. Beef output in South Africa indicated a prominent growth, which was largely conditioned by a remarkable increase of the producing animals and a mild growth in yield figures.

Average yield of beef (cattle meat) in South Africa totaled X kg per head in 2017, coming down by -X% against the previous year. Overall, beef yield continues to indicate a slight increase. The pace of growth was the most pronounced in 2010, when yield increased by X% year-to-year. In that year, the beef yield reached their peak level of X kg per head. From 2011 to 2017, growth of the beef yield stood at a somewhat lower level.

In 2017, the amount of beef (cattle meat) slaughtered in South Africa amounted to X head, falling by -X% against the previous year. Overall, beef producing animals continues to indicate a modest increase. The growth pace was the most rapid in 2013, when it surged by X% year-to-year. Over the period under review, this number attained its maximum figure of X heads in 2016, and then declined slightly in the following year.

Beef Exports from South Africa

In 2017, exports of beef (cattle meat) from South Africa stood at X tonnes, falling by -X% against the previous year. In general, beef exports continue to indicate an outstanding increase. The most prominent rate of growth was recorded in 2014, with an increase of X% against the previous year. Over the period under review, the beef exports attained its peak figure volume of X tonnes in 2016, and then declined slightly in the following year.

In value terms, beef exports amounted to $X in 2017. Overall, beef exports continue to indicate a skyrocketing growth. South Africa exports peaked in 2017, and are expected to retain its growth in the immediate term.

Beef Exports by Country from South Africa

The countries with the highest levels of beef exports in 2017 were India (X tonnes), Brazil (X tonnes), Australia (X tonnes) and the U.S. (X tonnes), together recording X% of total export. The Netherlands (X tonnes), New Zealand (X tonnes), Poland (X tonnes), Ireland (X tonnes), Paraguay (X tonnes), Canada (X tonnes), Uruguay (X tonnes) and Argentina (X tonnes) held the mild share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by South Africa (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Australia ($X) and Brazil ($X) appeared to be the countries with the highest levels of exports in 2017, with a combined X% share of total exports. India, the Netherlands, Ireland, New Zealand, Canada, Poland, Uruguay, Argentina, Paraguay and South Africa lagged somewhat behind, together comprising a further X%.

Among the main exporting countries , South Africa (+X% per year) recorded the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Beef Export Prices by Country in South Africa

In 2017, the beef export price in South Africa amounted to $X per tonne, coming up 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% year-to-year. South Africa export price peaked of $X per tonne in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was the U.S. ($X per tonne), while India ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the U.S. (+X% per year), while the other leaders experienced more modest paces of growth.

Beef Imports into South Africa

In 2017, the amount of beef (cattle meat) imported into South Africa stood at X tonnes, approximately mirroring the previous year. Overall, beef imports continue to indicate a measured contraction. The most prominent rate of growth was recorded in 2008, when it surged by X% against the previous year. Over the period under review, the beef imports reached its maximum volume of X tonnes in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

In value terms, beef imports stood at $X in 2017. In general, beef imports continue to indicate a drastic decline. South Africa imports peaked of $X in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Beef Imports by Country into South Africa

In 2017, the U.S. (X tonnes), Vietnam (X tonnes), China (X tonnes), Japan (X tonnes), China, Hong Kong SAR (X tonnes), Italy (X tonnes), South Korea (X tonnes), the Netherlands (X tonnes), Germany (X tonnes), Egypt (X tonnes), Russia (X tonnes) and the UK (X tonnes) represented the major importers of beef (cattle meat) in the world, committing X% of total import.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vietnam (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest beef markets worldwide were the U.S. ($X), China ($X) and Japan ($X), with a combined X% share of total imports. Vietnam, South Korea, Germany, Italy, China, Hong Kong SAR, the Netherlands, the UK, Russia, Egypt and South Africa lagged somewhat behind, together comprising a further X%.

Among the main importing countries , Vietnam (+X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Beef Import Prices by Country in South Africa

The beef import price in South Africa stood at $X per tonne in 2017, shrinking by -X% against the previous year. Overall, beef import price continues to indicate a temperate decline. The growth pace was the most rapid in 2010, an increase of X% year-to-year. Over the period under review, the import prices for beef (cattle meat) reached its maximum level of $X per tonne in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Germany ($X per tonne), while Egypt ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the U.S. (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform