SADC: Canned Meat Market 2024

Canned Meat Market Size in SADC

The SADC canned meat market reached $X in 2022, remaining stable against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Canned Meat Production in SADC

In value terms, canned meat production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Canned Meat Exports

Exports in SADC

In 2022, overseas shipments of canned meat decreased by X% to X tons, falling for the sixth year in a row after two years of growth. Overall, exports showed a pronounced downturn. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, canned meat exports rose slightly to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa prevails in exports structure, resulting at X tons, which was near X% of total exports in 2022. Namibia (X tons) followed a long way behind the leaders.

South Africa was also the fastest-growing in terms of the canned meat exports, with a CAGR of X% from 2012 to 2022. Namibia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Africa increased by X percentage points.

In value terms, South Africa ($X) remains the largest canned meat supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Namibia ($X), with a X% share of total exports.

In South Africa, canned meat exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Namibia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Canned Meat Imports

Imports in SADC

In 2022, after five years of decline, there was significant growth in purchases abroad of canned meat, when their volume increased by X% to X tons. In general, imports, however, showed a mild slump. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, canned meat imports expanded markedly to $X in 2022. Overall, imports, however, continue to indicate a perceptible setback. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Angola (X tons), distantly followed by Botswana (X tons), Mauritius (X tons), Namibia (X tons), Democratic Republic of the Congo (X tons), South Africa (X tons) and Swaziland (X tons) were the key importers of canned meat, together making up X% of total imports.

Imports into Angola decreased at an average annual rate of X% from 2012 to 2022. At the same time, Botswana (X%), Namibia (X%), Mauritius (X%) and Democratic Republic of the Congo (X%) displayed positive paces of growth. Moreover, Botswana emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. Swaziland experienced a relatively flat trend pattern. By contrast, South Africa (X%) illustrated a downward trend over the same period. While the share of Botswana (X p.p.), Democratic Republic of the Congo (X p.p.), Namibia (X p.p.) and Mauritius (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of South Africa (X p.p.) and Angola (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest canned meat importing markets in SADC were Mauritius ($X), Angola ($X) and Namibia ($X), with a combined X% share of total imports.

Namibia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, dropping by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. The level of import peaked at $X per ton in 2021, and then shrank in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Mauritius ($X per ton), while Democratic Republic of the Congo ($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 other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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