South Africa: Frozen Whole Turkey Market 2024

Frozen Whole Turkey Market Size in South Africa

In 2022, the South African frozen whole turkey market decreased by -11.7% to $X, falling for the second consecutive year after three years of growth. In general, consumption, however, saw noticeable growth. Frozen whole turkey consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Frozen Whole Turkey Production in South Africa

In value terms, frozen whole turkey production shrank to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2014 when the production volume increased by 118%. Frozen whole turkey production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Frozen Whole Turkey Exports

Exports from South Africa

In 2022, the amount of frozen whole turkeys exported from South Africa skyrocketed to X tons, increasing by 135% on the year before. Overall, exports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when exports increased by 143% against the previous year. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, frozen whole turkey exports surged to $X in 2022. Over the period under review, exports, however, saw a abrupt shrinkage. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Namibia (X tons), Democratic Republic of the Congo (X tons) and Spain (X tons) were the main destinations of frozen whole turkey exports from South Africa, together accounting for 75% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Democratic Republic of the Congo (with a CAGR of +34.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for frozen whole turkey exported from South Africa were Democratic Republic of the Congo ($X), Namibia ($X) and Spain ($X), with a combined 66% share of total exports.

Among the main countries of destination, Democratic Republic of the Congo, with a CAGR of +28.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average frozen whole turkey export price amounted to $X per ton, growing by 2.8% against the previous year. Over the period under review, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen whole turkey export price decreased by -33.4% against 2018 indices. The pace of growth was the most pronounced in 2016 an increase of 73%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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 Zambia ($X per ton), while the average price for exports to Swaziland ($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 Botswana (+6.1%), while the prices for the other major destinations experienced mixed trend patterns.

Frozen Whole Turkey Imports

Imports into South Africa

In 2022, supplies from abroad of frozen whole turkeys decreased by -2% to X tons, falling for the second year in a row after four years of growth. Over the period under review, imports showed a deep slump. The most prominent rate of growth was recorded in 2018 with an increase of 22%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, frozen whole turkey imports surged to $X in 2022. In general, imports recorded a deep reduction. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Brazil (X tons) constituted the largest supplier of frozen whole turkey to South Africa, with a 85% share of total imports. Moreover, frozen whole turkey imports from Brazil exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold. The third position in this ranking was taken by Chile (X tons), with a 4.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil stood at -5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-16.0% per year) and Chile (-3.8% per year).

In value terms, Brazil ($X) constituted the largest supplier of frozen whole turkeys to South Africa, comprising 91% of total imports. The second position in the ranking was held by the United States ($X), with a 3.6% share of total imports. It was followed by Italy, with a 2.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil amounted to -6.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-18.6% per year) and Italy (0.0% per year).

Import Prices by Country

In 2022, the average frozen whole turkey import price amounted to $X per ton, increasing by 49% against the previous year. Overall, the import price, however, recorded a slight downturn. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Brazil ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+59.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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