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South Africa - Canned Vegetables - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCanned Vegetable Price in South Africa - 2023
Contents:
- Canned Vegetable Price in South Africa (FOB) - 2023
- Canned Vegetable Price in South Africa (CIF) - 2023
- Canned Vegetable Exports in South Africa
- Canned Vegetable Imports in South Africa
Canned Vegetable Price in South Africa (FOB) - 2023
In September 2023, the average canned vegetable export price amounted to $2,063 per ton, waning by -3.8% against the previous month. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 34% against the previous month. The export price peaked at $2,507 per ton in March 2023; however, from April 2023 to September 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Mozambique ($3,114 per ton), while the average price for exports to Swaziland ($1,436 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lesotho (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.
Canned Vegetable Price in South Africa (CIF) - 2023
In September 2023, the average canned vegetable import price amounted to $1,373 per ton, declining by -6.2% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 20% m-o-m. As a result, import price reached the peak level of $1,685 per ton. From May 2023 to September 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($2,719 per ton), while the price for China ($261 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Zambia (+39.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Canned Vegetable Exports in South Africa
In 2022, overseas shipments of canned vegetables increased by 11% to 31K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a perceptible decrease.
In value terms, canned vegetable exports soared to $66M in 2022. The total export value increased at an average annual rate of +6.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Canned Vegetable in South Africa (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Botswana | 16.3 | 13.7 | 16.4 | 18.1 | 3.6% |
Zimbabwe | 2.6 | 3.8 | 6.2 | 12.2 | 67.4% |
Namibia | 11.9 | 9.8 | 11.1 | 11.8 | -0.3% |
Swaziland | 5.9 | 4.9 | 3.9 | 4.2 | -10.7% |
Zambia | 3.9 | 2.3 | 3.0 | 4.0 | 0.8% |
Lesotho | 3.6 | 2.2 | 3.4 | 4.0 | 3.6% |
Mozambique | 2.9 | 2.5 | 3.0 | 3.7 | 8.5% |
Mauritius | 1.9 | 1.7 | 1.3 | 1.7 | -3.6% |
Others | 6.5 | 5.3 | 6.7 | 6.6 | 0.5% |
Total | 55.4 | 46.2 | 54.9 | 66.3 | 6.2% |
Top Export Markets for Canned Vegetable from South Africa in 2022:
- Botswana (9.2K tons)
- Namibia (5.0K tons)
- Zimbabwe (4.5K tons)
- Swaziland (2.8K tons)
- Lesotho (2.5K tons)
- Zambia (1.8K tons)
- Mozambique (1.3K tons)
- Mauritius (0.4K tons)
Canned Vegetable Imports in South Africa
In 2022, purchases abroad of canned vegetables decreased by -10.4% to 27K tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a slight curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 14% against the previous year. As a result, imports reached the peak of 33K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, canned vegetable imports declined to $33M in 2022. The total import value increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 6.1% against the previous year. As a result, imports reached the peak of $34M, and then fell modestly in the following year.
Import of Canned Vegetable in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 14.1 | 18.7 | 20.1 | 20.0 | 12.4% |
Spain | 3.1 | 2.6 | 2.6 | 2.8 | -3.3% |
Germany | 2.6 | 3.4 | 2.7 | 2.4 | -2.6% |
China | 1.3 | 1.4 | 2.1 | 1.5 | 4.9% |
France | 0.3 | 0.2 | 1.5 | 0.7 | 32.6% |
United States | 5.1 | 1.3 | 0.1 | 0.1 | -73.0% |
Others | 4.0 | 4.1 | 4.5 | 5.4 | 10.5% |
Total | 30.6 | 31.8 | 33.7 | 32.9 | 2.4% |
Top Suppliers of Canned Vegetable to South Africa in 2022:
- Italy (20.0K tons)
- China (2.1K tons)
- Spain (1.4K tons)
- Germany (0.9K tons)
- France (0.5K tons)
- United States (0.1K tons)
This report provides an in-depth analysis of the canned vegetable market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 472 - Vegetables, Preserved nes (O/T vinegar)
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In 2021, preserved peas imports reached record highs at 2.4K tons. However, from 2022 to 2023, imports did not show any growth. The value of preserved peas imports also saw a sharp decline to $1.3M in 2023.
In February 2023, the price of potato chips was $3,681 per ton (FOB, South Africa), a 3.8% increase from the previous month
Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year.
Hungary dominates in the global trade of prepared sweet corn. In 2014, Hungary exported X thousand tons of prepared sweet corn totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of it
In 2021, preserved peas imports reached record highs at 2.4K tons. However, from 2022 to 2023, imports did not show any growth. The value of preserved peas imports also saw a sharp decline to $1.3M in 2023.
In February 2023, the price of potato chips was $3,681 per ton (FOB, South Africa), a 3.8% increase from the previous month
Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year.
Hungary dominates in the global trade of prepared sweet corn. In 2014, Hungary exported X thousand tons of prepared sweet corn totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of it