South Africa's pork production showcased a general upward trend from 213.5 thousand metric tons in 2013 to an actual value of 307.9 thousand metric tons in 2023. Points of significant growth are notable in 2018 and 2020 with year-on-year increases of 12.17% and 8.83% respectively. The average annual growth rate (CAGR) over the last five years up to 2023 stood at 3.44%. However, recent years have shown more modest variations with a 2.06% increment in 2023. Forecasts indicate a continual growth trajectory with pork production expected to reach 338.3 thousand metric tons by 2028, reflecting a 5-year CAGR of 1.5%.
Key future trends to monitor include:
• Intensification of farming practices and technological advancements that could enhance production efficiency.
• Emerging consumer dietary preferences and potential shifts towards alternative proteins could influence pork demand.
• Policy changes and international trade dynamics affecting export-import balance.
