South Africa - Carob - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCarob Price in South Africa - 2023
Contents:
- Carob Price in South Africa (FOB) - 2022
- Carob Price in South Africa (CIF) - 2022
- Carob Exports in South Africa
- Carob Imports in South Africa
Carob Price in South Africa (FOB) - 2022
The average carob export price stood at $2,839 per ton in 2022, rising by 413% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $3,024 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($5,541 per ton), while the average price for exports to Botswana ($392 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 Malawi (+1,253.3%), while the prices for the other major destinations experienced more modest paces of growth.
Carob Price in South Africa (CIF) - 2022
The average carob import price stood at $168 per ton in 2022, which is down by -79.1% against the previous year. Over the period under review, the import price faced a abrupt downturn. The pace of growth appeared the most rapid in 2017 an increase of 333%. As a result, import price reached the peak level of $7,009 per ton. From 2018 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -23.0% per year.
Carob Exports in South Africa
In 2022, shipments abroad of carob decreased by -47.4% to 44 tons, falling for the second consecutive year after two years of growth. In general, exports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 135% against the previous year. As a result, the exports reached the peak of 84 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, carob exports skyrocketed to $124K in 2022. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 630%. As a result, the exports reached the peak of $243K. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Carob in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | N/A | N/A | N/A | 32.2 | 0% |
South Korea | N/A | N/A | N/A | 30.4 | 0% |
United Kingdom | N/A | N/A | N/A | 11.6 | 0% |
Sri Lanka | N/A | N/A | N/A | 8.1 | 0% |
Malaysia | N/A | N/A | N/A | 7.7 | 0% |
India | N/A | N/A | N/A | 7.5 | 0% |
Botswana | 13.0 | 10.9 | 35.5 | 6.8 | -19.4% |
Germany | N/A | 138 | N/A | 3.0 | -85.3% |
Italy | N/A | 92.3 | N/A | N/A | 0% |
Others | 20.4 | 2.5 | 10.7 | 17.3 | -5.3% |
Total | 33.3 | 243 | 46.1 | 124 | 55.0% |
Top Export Markets for Carob from South Africa in 2022:
- Botswana (17.3 tons)
- South Korea (8.0 tons)
- Australia (5.8 tons)
- United Kingdom (4.3 tons)
- Malaysia (2.2 tons)
- India (1.9 tons)
- Sri Lanka (1.6 tons)
- Germany (0.8 tons)
Carob Imports in South Africa
In 2022, overseas purchases of carob decreased by -97.6% to 101 kg, falling for the second year in a row after two years of growth. Overall, imports faced a dramatic decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 6,795% against the previous year. As a result, imports attained the peak of 34 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, carob imports reduced markedly to $17 in 2022. In general, imports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2020 when imports increased by 2,949%. As a result, imports attained the peak of $31K. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Carob in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | N/A | N/A | 0.2 | N/A | 0% |
China | N/A | N/A | N/A | N/A | 0% |
Lesotho | N/A | 29.2 | N/A | N/A | 0% |
Others | 1.0 | 2.0 | 3.2 | N/A | 78.9% |
Total | 1.0 | 31.3 | 3.4 | N/A | 84.4% |
Top Suppliers of Carob to South Africa in 2022:
- China (100.0 kg)
This report provides an in-depth analysis of the carob 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 461 - Carobs
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.
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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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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