South Africa: Dairy Produce Market 2024

Dairy Produce Market Size in South Africa

The South African dairy produce market shrank to $X in 2022, approximately mirroring the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Dairy Produce Production in South Africa

In value terms, dairy produce production dropped 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 pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

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Dairy Produce Exports

Exports from South Africa

In 2022, overseas shipments of dairy produce decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, dairy produce exports reached $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Botswana (X tons) was the main destination for dairy produce exports from South Africa, accounting for a X% share of total exports. Moreover, dairy produce exports to Botswana exceeded the volume sent to the second major destination, Namibia (X tons), threefold. Mozambique (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Botswana was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (X% per year) and Mozambique (X% per year).

In value terms, Botswana ($X), Mozambique ($X) and Namibia ($X) were the largest markets for dairy produce exported from South Africa worldwide, together accounting for X% of total exports. Swaziland, Zambia, Zimbabwe, Lesotho, Angola and Tanzania lagged somewhat behind, together comprising a further X%.

Zambia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average dairy produce export price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X%. The export price peaked at $X per ton in 2014; afterwards, it flattened through to 2022.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Zimbabwe ($X per ton), while the average price for exports to Botswana ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (X%), while the prices for the other major destinations experienced more modest paces of growth.

Dairy Produce Imports

Imports into South Africa

In 2022, the amount of dairy produce imported into South Africa dropped markedly to X tons, declining by X% compared with 2021 figures. In general, imports saw a pronounced slump. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, dairy produce imports reduced slightly to $X in 2022. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

France (X tons), New Zealand (X tons) and Germany (X tons) were the main suppliers of dairy produce imports to South Africa, together accounting for X% of total imports. Uruguay, the Netherlands, Denmark, Belgium, Poland, Lithuania, Italy, Ireland and the UK lagged somewhat behind, together accounting for a further X%.

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

In value terms, France ($X), New Zealand ($X) and Germany ($X) were the largest dairy produce suppliers to South Africa, together accounting for X% of total imports. The Netherlands, Uruguay, Denmark, Italy, Belgium, Ireland, Lithuania, the UK and Poland lagged somewhat behind, together accounting for a further X%.

Belgium, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average dairy produce import price amounted to $X per ton, jumping by X% against the previous year. Overall, import price indicated a tangible expansion 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, dairy produce import price increased by X% against 2017 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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