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South Africa - Fructose And Fructose Syrup - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFructose Price in South Africa - 2023
Contents:
- Fructose Price in South Africa (CIF) - 2022
- Fructose Price in South Africa (FOB) - 2022
- Fructose Imports in South Africa
- Fructose Exports in South Africa
Fructose Price in South Africa (CIF) - 2022
In 2022, the average fructose import price amounted to $850 per ton, which is down by -8.5% against the previous year. In general, the import price recorded a deep setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 13% against the previous year. The import price peaked at $2,392 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Israel ($1,376 per ton), while the price for Russia ($640 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Fructose Price in South Africa (FOB) - 2022
In 2022, the average fructose export price amounted to $2,110 per ton, with a decrease of -9.2% against the previous year. Over the period under review, the export price, however, saw a strong increase. The most prominent rate of growth was recorded in 2014 an increase of 38%. The export price peaked at $2,323 per ton in 2021, and then declined in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Botswana ($4,403 per ton), while the average price for exports to Lesotho ($735 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 Botswana (+14.1%), while the prices for the other major destinations experienced more modest paces of growth.
Fructose Imports in South Africa
In 2022, fructose imports into South Africa rose modestly to 47K tons, picking up by 4.4% compared with 2021 figures. The total import volume increased at an average annual rate of +4.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 6.8% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, fructose imports fell to $40M in 2022. The total import value increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 14%. As a result, imports reached the peak of $42M, and then declined modestly in the following year.
Import of Fructose in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Swaziland | 20.2 | 19.8 | 26.2 | 27.0 | 10.2% |
China | 6.9 | 6.4 | 4.6 | 4.9 | -10.8% |
Turkey | 0.5 | 1.5 | 2.1 | 3.0 | 81.7% |
France | 0.9 | 1.1 | 2.2 | 1.1 | 6.9% |
Russia | N/A | N/A | 0.5 | 0.5 | 0.0% |
Thailand | 3.4 | 1.8 | 0.4 | 0.1 | -69.1% |
Others | 6.3 | 6.1 | 6.0 | 3.5 | -17.8% |
Total | 38.3 | 36.7 | 42.0 | 40.1 | 1.5% |
Top Suppliers of Fructose to South Africa in 2022:
- Thailand (undefinedK tons)
- Swaziland (34.1K tons)
- China (5.6K tons)
- Turkey (3.9K tons)
- France (0.8K tons)
- Russia (0.8K tons)
Fructose Exports in South Africa
In 2022, exports of fructose and fructose syrup from South Africa contracted to 1.8K tons, with a decrease of -6.5% on the previous year's figure. Overall, exports saw a abrupt decrease.
In value terms, fructose exports shrank markedly to $3.9M in 2022. Over the period under review, exports saw a noticeable decline. The growth pace was the most rapid in 2021 when exports increased by 8.3%. As a result, the exports attained the peak of $4.6M, and then shrank remarkably in the following year.
Export of Fructose in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Namibia | 526 | 534 | 692 | 729 | 11.5% |
Botswana | 346 | 453 | 509 | 536 | 15.7% |
Zambia | 88.6 | 104 | 277 | 467 | 74.0% |
Nigeria | 688 | 82.2 | 145 | 418 | -15.3% |
Mozambique | 210 | 191 | 203 | 294 | 11.9% |
Australia | 1,146 | 1,671 | 1,463 | 199 | -44.2% |
Lesotho | 31.1 | 127 | 12.8 | 182 | 80.2% |
United States | 164 | 303 | 46.1 | 178 | 2.8% |
Swaziland | 159 | 99.1 | 176 | 143 | -3.5% |
New Zealand | 107 | 90.0 | 123 | 105 | -0.6% |
Malawi | 375 | 209 | 193 | 52.9 | -47.9% |
Angola | 208 | 18.7 | 107 | 44.2 | -40.3% |
Others | 376 | 324 | 611 | 521 | 11.5% |
Total | 4,424 | 4,207 | 4,558 | 3,869 | -4.4% |
Top Export Markets for Fructose from South Africa in 2022:
- Namibia (345.7 tons)
- Lesotho (247.4 tons)
- Zambia (211.1 tons)
- Nigeria (187.3 tons)
- Swaziland (122.7 tons)
- Botswana (121.7 tons)
- United States (93.0 tons)
- Australia (91.8 tons)
- New Zealand (83.7 tons)
- Mozambique (80.0 tons)
- Angola (67.5 tons)
- Malawi (16.6 tons)
This report provides an in-depth analysis of the fructose 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:
- Prodcom 10621320 - Chemically pure fructose in solid form, fructose and fructose syrup, containing in the dry state > .50 % of fructose, i soglucose excluding with added flavouring or colouring matter
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
- 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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