South Africa - Dried Prunes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDried Prune Price in South Africa - 2023
Contents:
- Dried Prune Price in South Africa (FOB) - 2022
- Dried Prune Price in South Africa (CIF) - 2022
- Dried Prune Exports in South Africa
- Dried Prune Imports in South Africa
Dried Prune Price in South Africa (FOB) - 2022
In 2022, the average dried prune export price amounted to $3,299 per ton, rising by 45% against the previous year. Over the last decade, it increased at an average annual rate of +4.1%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($4,528 per ton), while the average price for exports to Lesotho ($806 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 Italy (+18.1%), while the prices for the other major destinations experienced more modest paces of growth.
Dried Prune Price in South Africa (CIF) - 2022
The average dried prune import price stood at $2,674 per ton in 2022, surging by 24% against the previous year. In general, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dried prune import price increased by +33.3% against 2020 indices. The growth pace was the most rapid in 2014 when the average import price increased by 70% against the previous year. Over the period under review, average import prices hit record highs at $3,393 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($3,843 per ton), while the price for Singapore ($261 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Dried Prune Exports in South Africa
In 2022, shipments abroad of dried prunes decreased by -53.4% to 418 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 310% against the previous year. As a result, the exports attained the peak of 897 tons, and then contracted significantly in the following year.
In value terms, dried prune exports contracted sharply to $1.4M in 2022. Over the period under review, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 203%. As a result, the exports attained the peak of $2M, and then contracted sharply in the following year.
Export of Dried Prune in South Africa (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hong Kong SAR | 380 | 210 | 549 | 501 | 9.7% |
Italy | 65.7 | N/A | 710 | 358 | 76.0% |
Botswana | 39.3 | 194 | 201 | 218 | 77.0% |
Namibia | 24.8 | 70.3 | 59.6 | 52.5 | 28.4% |
Malaysia | 31.4 | 54.9 | 106 | 40.7 | 9.0% |
Vietnam | 3.7 | N/A | N/A | 29.9 | 100.7% |
Mauritius | 23.0 | N/A | 16.8 | 26.1 | 4.3% |
Zambia | 12.0 | 38.9 | 19.2 | 22.0 | 22.4% |
Singapore | 11.5 | 11.1 | 227 | 17.8 | 15.7% |
Lesotho | 2.1 | 14.2 | 19.3 | 13.2 | 84.6% |
Others | 73.7 | 83.9 | 140 | 99.8 | 10.6% |
Total | 667 | 677 | 2,047 | 1,379 | 27.4% |
Top Export Markets for Dried Prune from South Africa in 2022:
- Hong Kong SAR (110.5 tons)
- Italy (104.6 tons)
- Botswana (92.1 tons)
- Lesotho (16.3 tons)
- Namibia (14.9 tons)
- Mauritius (12.9 tons)
- Singapore (12.4 tons)
- Zambia (9.9 tons)
- Malaysia (9.9 tons)
- Vietnam (6.9 tons)
Dried Prune Imports in South Africa
In 2022, purchases abroad of dried prunes decreased by -34.5% to 489 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports continue to indicate a noticeable shrinkage. The growth pace was the most rapid in 2021 with an increase of 41%. As a result, imports reached the peak of 747 tons, and then fell significantly in the following year.
In value terms, dried prune imports contracted rapidly to $1.3M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +7.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +25.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 52% against the previous year. As a result, imports reached the peak of $1.6M, and then reduced markedly in the following year.
Import of Dried Prune in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Chile | 798 | 693 | 1,414 | 1,007 | 8.1% |
France | N/A | 35.5 | 77.0 | 97.7 | 65.9% |
Spain | N/A | 25.9 | N/A | 91.3 | 87.8% |
United States | N/A | N/A | N/A | 64.4 | 0% |
China | 35.8 | 41.9 | 45.3 | 45.0 | 7.9% |
Singapore | 12.3 | 3.5 | 6.2 | 0.9 | -58.2% |
Argentina | 196 | 258 | 63.4 | N/A | -43.1% |
Others | 2.1 | 1.9 | 6.1 | 1.3 | -14.8% |
Total | 1,044 | 1,060 | 1,612 | 1,308 | 7.8% |
Top Suppliers of Dried Prune to South Africa in 2022:
- Chile (341.0 tons)
- China (58.3 tons)
- United States (34.6 tons)
- France (25.4 tons)
- Spain (25.4 tons)
- Singapore (3.4 tons)
This report provides an in-depth analysis of the dried prune 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:
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
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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 2019, global dried prune exports amounted to 178K tons. Chile was the largest exporter of dried prunes in the world, with the volume of exports reaching 69K tons, which was near 39% of total exports in 2019. Moldova emerged as the fastest-growing exporter exported in the world, with a CAGR of +14.7% from 2007-2019.
In 2019, global dried prune exports amounted to 178K tons. Chile was the largest exporter of dried prunes in the world, with the volume of exports reaching 69K tons, which was near 39% of total exports in 2019. Moldova emerged as the fastest-growing exporter exported in the world, with a CAGR of +14.7% from 2007-2019.