South Africa: Canned Food Market 2024

Canned Food Market Size in South Africa

The South African canned food market dropped to $X in 2022, with a decrease of X% against the previous year. In general, the total consumption indicated a measured expansion 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 increased by X% against 2020 indices. Canned food consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Canned Food Production in South Africa

In value terms, canned food production declined to $X in 2022 estimated in export price. Overall, the total production indicated perceptible 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 increased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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Canned Food Exports

Exports from South Africa

In 2022, shipments abroad of canned food increased by X% to X tons, rising for the third year in a row after two years of decline. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, canned food exports rose remarkably to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

Exports by Country

Mozambique (X tons), Botswana (X tons) and Namibia (X tons) were the main destinations of canned food exports from South Africa, together accounting for X% of total exports. Germany, Swaziland, Lesotho, Zimbabwe, Zambia, the United States, Nigeria, Poland, the UK and the Netherlands lagged somewhat behind, together accounting for a further X%.

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

In value terms, Mozambique ($X), Botswana ($X) and Namibia ($X) were the largest markets for canned food exported from South Africa worldwide, together comprising X% of total exports. Germany, Zimbabwe, Swaziland, Zambia, Lesotho, the United States, the UK, Poland, Nigeria and the Netherlands lagged somewhat behind, together accounting for a further X%.

Poland, with a CAGR of X%, saw the highest growth rate of 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 canned food export price stood at $X per ton in 2022, remaining stable against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2021, and then shrank in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Zambia ($X per ton), while the average price for exports to the Netherlands ($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 (X%), while the prices for the other major destinations experienced more modest paces of growth.

Canned Food Imports

Imports into South Africa

In 2022, the amount of canned food imported into South Africa dropped to X tons, which is down by X% compared with 2021 figures. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, canned food imports fell to $X in 2022. Over the period under review, imports continue to indicate a perceptible decrease. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of canned food to South Africa, with a X% share of total imports. Moreover, canned food imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold. The third position in this ranking was held by Zimbabwe (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Zimbabwe (X% per year).

In value terms, Italy ($X), Germany ($X) and Swaziland ($X) were the largest canned food suppliers to South Africa, together comprising X% of total imports. France, Spain, Zimbabwe, China, Thailand, Turkey, Zambia, Indonesia and Poland lagged somewhat behind, together accounting for a further X%.

Indonesia, with a CAGR of X%, recorded 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 canned food import price amounted to $X per ton, waning by X% against the previous year. Over the period under review, the import price continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 Swaziland ($X per ton), while the price for Zimbabwe ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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