South Africa: Turkey Meat Market 2024

Turkey Meat Market Size in South Africa

The South African turkey meat market declined significantly to $X in 2022, shrinking by X% against the previous year. Over the period under review, consumption showed a abrupt setback. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Turkey Meat Production in South Africa

In value terms, turkey meat production fell modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of turkey meat in South Africa stood at X kg per head, standing approx. at 2021. Overall, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the yield increased by X%. The turkey meat yield peaked in 2022 and is expected to retain growth in the immediate term.

In 2022, the number of animals slaughtered for turkey meat production in South Africa amounted to X heads, approximately equating the previous year. In general, the number of producing animals continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. The number of animals slaughtered for turkey meat production peaked at X heads in 2020; however, from 2021 to 2022, producing animals remained at a lower figure.

Turkey Meat Exports

Exports from South Africa

In 2022, after two years of decline, there was significant growth in overseas shipments of turkey meat, when their volume increased by X% to X tons. In general, exports, however, showed a deep slump. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, turkey meat exports skyrocketed to $X in 2022. Overall, exports, however, saw a deep contraction. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Swaziland (X tons), Mozambique (X tons) and Spain (X tons) were the main destinations of turkey meat exports from South Africa, together comprising X% of total exports.

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

In value terms, Swaziland ($X), Mozambique ($X) and Spain ($X) constituted the largest markets for turkey meat exported from South Africa worldwide, with a combined X% share of total exports.

Among the main countries of destination, Spain, with a CAGR of X%, saw 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 turkey meat export price amounted to $X per ton, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zimbabwe ($X per ton), while the average price for exports to Namibia ($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.

Turkey Meat Imports

Imports into South Africa

In 2022, the amount of turkey meat imported into South Africa declined significantly to X tons, which is down by X% on the previous year's figure. In general, imports recorded a deep slump. The growth pace was the most rapid in 2016 with an increase of X%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, turkey meat imports declined remarkably to $X in 2022. Overall, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum 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 turkey meat to South Africa, with a X% share of total imports. Moreover, turkey meat imports from Brazil exceeded the figures recorded by the second-largest supplier, the United States (X tons), sevenfold. The third position in this ranking was held by Canada (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Brazil stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Canada (X% per year).

In value terms, Brazil ($X) constituted the largest supplier of turkey meat to South Africa, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with an X% share of total imports. It was followed by Chile, with a X% share.

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

Import Prices by Country

The average turkey meat import price stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, import price indicated perceptible growth 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, turkey meat import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in the near future.

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

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

Source: IndexBox Platform

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