South Africa: Yoghurt Market 2024

Yoghurt Market Size in South Africa

The South African yoghurt market fell modestly to $X in 2022, declining by X% against the previous year. Over the period under review, consumption saw a pronounced descent. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Yoghurt Production in South Africa

In value terms, yoghurt production contracted slightly to $X in 2022 estimated in export price. Overall, production recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Yoghurt Exports

Exports from South Africa

After two years of decline, shipments abroad of yoghurt increased by X% to X tons in 2022. Overall, exports, however, saw a slight setback. 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 lower figure.

In value terms, yoghurt exports reduced to $X in 2022. Over the period under review, exports, however, showed a perceptible descent. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Botswana (X tons), Mozambique (X tons) and Swaziland (X tons) were the main destinations of yoghurt exports from South Africa, together accounting for X% of total exports. Namibia, Lesotho, Angola and Malawi lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for yoghurt exported from South Africa were Botswana ($X), Mozambique ($X) and Swaziland ($X), with a combined X% share of total exports. Namibia, Lesotho, Angola and Malawi lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Malawi, with a CAGR of X%, saw the highest rates of growth with regard to 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 yoghurt export price amounted to $X per ton, declining by X% against the previous year. Over the period under review, the export price continues to indicate a slight descent. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($X per ton), while the average price for exports to Lesotho ($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 Namibia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Yoghurt Imports

Imports into South Africa

In 2022, after five years of decline, there was significant growth in overseas purchases of yoghurt, when their volume increased by X% to X tons. In general, imports, however, recorded a abrupt contraction. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, yoghurt imports surged to $X in 2022. Overall, imports, however, continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Zambia (X tons), Germany (X tons) and Ireland (X tons) were the main suppliers of yoghurt imports to South Africa, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Zambia (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) constituted the largest supplier of yoghurt to South Africa, comprising X% of total imports. The second position in the ranking was held by Ireland ($X), with a X% share of total imports. It was followed by Zambia, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ireland (X% per year) and Zambia (X% per year).

Import Prices by Country

In 2022, the average yoghurt import price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, import price indicated a measured expansion 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, yoghurt import price decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Swaziland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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