The pork market volume in Africa demonstrated modest fluctuations from 2014 to 2023, with 2023 standing at 1.55 million metric tons. The market saw both growth and declines, with notable decreases in 2015 and 2016, followed by a moderate recapture in 2017. Despite a drop in 2020, the market rebounded from 2021 onwards maintaining a stable volume through 2023. Over the last two years, the year-on-year variation remained steady, and the Compound Annual Growth Rate (CAGR) over the past five years was relatively negligible at 0.026%.
Future trends to watch for include potential shifts in consumer preferences, economic conditions impacting disposable income, and possible impacts of policy changes on the agricultural sector. Monitoring these variables will be crucial for understanding the forecasted slight decline in volume through 2028.
