SADC: Market for Fresh Bread and Miscellaneous Bakery 2024

Market Size for Fresh Bread and Miscellaneous Bakery in SADC

The SADC market for fresh bread and miscellaneous bakery rose slightly to $X in 2023, increasing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market failed to regain momentum.

Production of Fresh Bread and Miscellaneous Bakery in SADC

In value terms, fresh bread and miscellaneous bakery production totaled $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, production reached the peak level of $X. From 2022 to 2023, production growth remained at a lower figure.

Exports of Fresh Bread and Miscellaneous Bakery

Exports in SADC

In 2023, overseas shipments of fresh bread and miscellaneous bakery decreased by X% to X tons, falling for the fourth year in a row after two years of growth. Overall, exports recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

In value terms, fresh bread and miscellaneous bakery exports contracted to $X in 2023. In general, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2023, the exports remained at a lower figure.

Exports by Country

South Africa prevails in exports structure, amounting to X tons, which was approx. X% of total exports in 2023. Swaziland (X tons) and Mauritius (X tons) followed a long way behind the leaders.

Exports from South Africa decreased at an average annual rate of X% from 2012 to 2023. At the same time, Swaziland (X%) displayed positive paces of growth. Moreover, Swaziland emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2023. Mauritius experienced a relatively flat trend pattern. South Africa (X p.p.) significantly weakened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest fresh bread and miscellaneous bakery supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Mauritius ($X), with an X% share of total exports.

In South Africa, fresh bread and miscellaneous bakery exports plunged by an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Mauritius (X% per year) and Swaziland (X% per year).

Export Prices by Country

The export price in SADC stood at $X per ton in 2023, with an increase of X% against the previous year. Export price indicated moderate growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, fresh bread and miscellaneous bakery export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The level of export peaked in 2023 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Mauritius ($X per ton), while South Africa ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Mauritius (X%), while the other leaders experienced more modest paces of growth.

Imports of Fresh Bread and Miscellaneous Bakery

Imports in SADC

Fresh bread and miscellaneous bakery imports shrank to X tons in 2023, with a decrease of X% compared with 2022. In general, imports saw a pronounced downturn. The pace of growth was the most pronounced in 2017 with an increase of X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, fresh bread and miscellaneous bakery imports declined to $X in 2023. Over the period under review, imports continue to indicate a mild downturn. The most prominent rate of growth was recorded in 2022 when imports increased by X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.

Imports by Country

South Africa was the major importing country with an import of about X tons, which recorded X% of total imports. It was distantly followed by Mauritius (X tons), Mozambique (X tons), Namibia (X tons) and Angola (X tons), together making up a X% share of total imports. Swaziland (X tons), Tanzania (X tons), Lesotho (X tons), Zambia (X tons), Madagascar (X tons) and Democratic Republic of the Congo (X tons) took a minor share of total imports.

South Africa experienced a relatively flat trend pattern with regard to volume of imports of fresh bread and miscellaneous bakery. At the same time, Mozambique (X%), Tanzania (X%), Mauritius (X%), Madagascar (X%), Swaziland (X%), Zambia (X%) and Lesotho (X%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2023. By contrast, Namibia (X%), Democratic Republic of the Congo (X%) and Angola (X%) illustrated a downward trend over the same period. While the share of South Africa (X p.p.), Mauritius (X p.p.), Mozambique (X p.p.), Tanzania (X p.p.), Swaziland (X p.p.), Lesotho (X p.p.), Zambia (X p.p.) and Madagascar (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of 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 fresh bread and miscellaneous bakery importing markets in SADC were South Africa ($X), Mauritius ($X) and Namibia ($X), with a combined X% share of total imports. Angola, Mozambique, Madagascar, Lesotho, Zambia, Swaziland, Democratic Republic of the Congo and Tanzania lagged somewhat behind, together accounting for a further X%.

Mozambique, with a CAGR of X%, saw the highest growth rate of the value of imports, among 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

The import price in SADC stood at $X per ton in 2023, growing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The growth pace was the most rapid in 2018 when the import price increased by X% against the previous year. The level of import peaked in 2023 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Mauritius ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Mauritius (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform