South Africa: Market for Prepared Or Preserved Shoulders And Cuts Of Swine Meat 2024

Market Size for Prepared Or Preserved Shoulders And Cuts Of Swine Meat in South Africa

The South African preserved swine meat cut market amounted to $X in 2022, growing by X% against the previous year. Overall, consumption, however, continues to indicate a slight shrinkage. Preserved swine meat cut consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Production of Prepared Or Preserved Shoulders And Cuts Of Swine Meat in South Africa

In value terms, preserved swine meat cut production expanded modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a mild slump. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

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Exports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Exports from South Africa

For the fifth year in a row, South Africa recorded growth in shipments abroad of prepared or preserved shoulders and cuts of swine meat, which increased by X% to X tons in 2022. In general, exports showed a significant increase. The pace of growth was the most pronounced in 2016 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, preserved swine meat cut exports reduced modestly to $X in 2022. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. The exports peaked at $X in 2021, and then shrank in the following year.

Exports by Country

Lesotho (X tons) was the main destination for preserved swine meat cut exports from South Africa, with a X% share of total exports. Moreover, preserved swine meat cut exports to Lesotho exceeded the volume sent to the second major destination, Namibia (X tons), eightfold. The third position in this ranking was held by Swaziland (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Lesotho amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (X% per year) and Swaziland (X% per year).

In value terms, Lesotho ($X) remains the key foreign market for prepared or preserved shoulders and cuts of swine meat exports from South Africa, comprising X% of total exports. The second position in the ranking was taken by Namibia ($X), with a X% share of total exports. It was followed by Mozambique, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Lesotho stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (X% per year) and Mozambique (X% per year).

Export Prices by Country

The average preserved swine meat cut export price stood at $X per ton in 2022, declining by X% against the previous year. In general, the export price recorded a noticeable setback. The pace of growth was the most pronounced in 2014 when the average export price increased by X%. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mozambique ($X per ton), while the average price for exports to Lesotho ($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 Mozambique (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Imports into South Africa

In 2022, preserved swine meat cut imports into South Africa declined rapidly to X tons, with a decrease of X% on the year before. Overall, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by X%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, preserved swine meat cut imports shrank markedly to $X in 2022. Over the period under review, imports, however, recorded significant growth. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Italy (X tons) was the main preserved swine meat cut supplier to South Africa, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Italy totaled X%.

In value terms, Italy ($X) constituted the largest supplier of prepared or preserved shoulders and cuts of swine meat to South Africa.

From 2012 to 2022, the average annual growth rate of value from Italy amounted to X%.

Import Prices by Country

In 2022, the average preserved swine meat cut import price amounted to $X per ton, falling by X% against the previous year. Over the period under review, the import price, however, continues to indicate a measured expansion. The growth pace was the most rapid in 2013 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From 2012 to 2022, the rate of growth in terms of prices for Portugal amounted to X% per year.

Source: IndexBox Platform

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