Report Coverage
This report focuses on the manufacture of oils and fats derived from vegetables and animals. It includes information on the state of the sector, including production and trade, and the factors that influence it. There are profiles of 27 companies including industry players that manufacture refined edible oils including baking fats and margarine such as Amanah Oil, Africa Sun Oil Refineries, Epic Foods and Wilmar Continental Edible Oils and Fats and D H Brothers Industries, which trades as Willowton Group. Butter manufacturers profiled include Ladismith Cheese and Lactalis .
Introduction
This report focuses on the manufacture of oils and fats derived from vegetables and animals. The sector is dominated by vegetable oils and fat, mainly sunflower oil, which is the most widely consumed vegetable oil in the country. South Africa is a net importer of edible oils, which include sunflower, soybean and palm oil as it does not produce enough to meet demand. South Africa produced an estimated 464,000 tons of oil from seeds (oilseed oil) in the 2019/20 marketing year (MY) to end-February 2020 and is forecast to produce 507,000 tons in the 2020/21 MY. Imported oilseed oil will account for about 65% of local consumption in the 2020/21 MY, down from 70% in the 2018/19 MY.
Strengths
• Established trading partners.
• Government committed to supporting agro-processing.
• Well-developed infrastructure and processing capacity.
Weaknesses
• Relatively high barriers to entry for processing.
• Reliant on imports and susceptible to exchange rate volatility.
Opportunities
• Unmet demand in the local market.
• Unmet demand in the regional market.
Threats
• Constrained consumer spending driven by worsening economic situation.
• Continued uncertainty around lockdown for restaurants and catering businesses.
• Drought and water shortages.
• Rising input costs.
Outlook
The demand for vegetable oils has been steadily increasing over the past few years, driven by amongst others, increased consumption of processed and convenience foods. South Africa is a net importer of oilseeds, and factors such as delays in supply chain logistics, the volatile exchange rate, global warming causing increased drought occurrence, and the long-term effect of the coronavirus pandemic, could slow down growth in the industry. The extended lockdown which has severely affected the restaurant and catering industries, both major users of edible oils, could also be factor. According to professor Ferdi Meyer, director of the Bureau for Food and Agricultural Policy and associate professor in the Department of Agricultural Economics, Extension and Rural Development at the University of Pretoria, the “impact of job losses and overall economic hardship still has to filter through the system and even if the country swiftly moves to level 2, demand will remain weak for the third and fourth quarters of 2020. Consequently, the Bureau for Food and Agricultural Policy has already reduced the projected feed demand figures for grains and oilseeds for 2020.”
Full Report
R 1 900.00(ZAR) estimated $108.48 (USD)*
Industry Landscape
R 1 330.00(ZAR) estimated $ 75.94 (USD)*
Industry Organogram
R 450.00(ZAR) estimated $ 25.69 (USD)*
Historical Reports
The Manufacture of Vegetable and Animal Oils and Fat in South Africa 2018-08-02
R 1 900.00(ZAR) estimated $108.48 (USD)*
View Report Add to CartThe Manufacture of Vegetable and Animal Oils and Fat in South Africa 2016-11-16
R 1 900.00(ZAR) estimated $108.48 (USD)*
View Report Add to CartThe Manufacture of Vegetable and Animal Oils and Fat in South Africa 2014-08-29
R 1 900.00(ZAR) estimated $108.48 (USD)*
View Report Add to CartTable of Contents
[ Close ]PAGE | ||
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1. | INTRODUCTION | 1 |
2. | DESCRIPTION OF THE INDUSTRY | 1 |
2.1. | Industry Value Chain | 3 |
2.2. | Geographic Position | 4 |
3. | SIZE OF THE INDUSTRY | 5 |
4. | STATE OF THE INDUSTRY | 6 |
4.1. | Local | 6 |
4.1.1. | Corporate Actions | 9 |
4.1.2. | Regulations | 9 |
4.1.3. | Enterprise Development and Socio-Economic Development | 11 |
4.2. | Continental | 12 |
4.3. | International | 13 |
5. | INFLUENCING FACTORS | 15 |
5.1. | Economic Environment | 15 |
5.2. | Coronavirus | 15 |
5.3. | Input Costs | 16 |
5.4. | Technology, Research and Development (R&D) and Innovation | 17 |
5.5. | Labour | 18 |
5.6. | Health Concerns | 19 |
5.7. | Environmental Concerns | 20 |
6. | COMPETITION | 20 |
6.1. | Barriers to Entry | 21 |
7. | SWOT ANALYSIS | 22 |
8. | OUTLOOK | 22 |
9. | INDUSTRY ASSOCIATIONS | 23 |
10. | REFERENCES | 23 |
10.1. | Publications | 23 |
10.2. | Websites | 24 |
APPENDIX 1 | 25 | |
Summary of Notable players | 25 | |
COMPANY PROFILES | 29 | |
AFRICA SUN OIL REFINERIES (PTY) LTD | 29 | |
AMANAH OIL CC | 31 | |
AVERA FOODS (PTY) LTD | 33 | |
CLOVER SA (PTY) LTD | 34 | |
CREDE OILS (PTY) LTD | 39 | |
D H BROTHERS INDUSTRIES (PTY) LTD | 41 | |
DARLING OLIVES (PTY) LTD | 44 | |
DE RUSTICA ESTATES (PTY) LTD | 46 | |
ELANGENI OIL (PTY) LTD | 48 | |
EPIC FOODS (PTY) LTD | 50 | |
EPKO OIL SEED CRUSHING (PTY) LTD | 53 | |
FREE STATE OIL (PTY) LTD | 55 | |
LACTALIS SOUTH AFRICA (PTY) LTD | 57 | |
LADISMITH CHEESE COMPANY (PTY) LTD | 60 | |
LAPITHOS OLIVE GROWERS | 62 | |
MAJESTY OIL MILLS (PTY) LTD | 63 | |
PC COETSEE | 65 | |
PHILAFRICA FOODS (PTY) LTD | 66 | |
PORTERVILLE OLIVES (PTY) LTD | 69 | |
SEA LAKE INVESTMENTS (PTY) LTD | 71 | |
SIME DARBY OILS SOUTH AFRICA (PTY) LTD | 73 | |
SOUTHERN OIL (PTY) LTD | 75 | |
STANDERTON OIL MILLS (PTY) LTD | 78 | |
SUNOLA OIL MILLS (PTY) LTD | 80 | |
UNILEVER SOUTH AFRICA (PTY) LTD | 82 | |
VEST-ACTIV FOUR (PTY) LTD | 85 | |
WILMAR SA (PTY) LTD | 86 |