Onion Price in South Africa - 2024
Contents:
- Onion Price in South Africa (FOB) - 2022
- Onion Price in South Africa (CIF) - 2022
- Onion Exports in South Africa
- Onion Imports in South Africa
Onion Price in South Africa (FOB) - 2022
In 2022, the average onion export price amounted to $228 per ton, waning by -8.6% against the previous year. Over the period under review, the export price saw a slight shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 44%. As a result, the export price attained the peak level of $316 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Botswana ($452 per ton), while the average price for exports to Mozambique ($182 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 (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.
Onion Price in South Africa (CIF) - 2022
In 2022, the average onion import price amounted to $619 per ton, rising by 28% against the previous year. Overall, the import price showed a relatively flat trend pattern. The import price peaked at $650 per ton in 2013; however, from 2014 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 Spain ($847 per ton), while the price for Zambia ($277 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Onion Exports in South Africa
In 2022, onion exports from South Africa shrank to 122K tons, reducing by -2.8% against the previous year. Over the period under review, exports saw a slight decline. The most prominent rate of growth was recorded in 2021 with an increase of 5.3%.
In value terms, onion exports fell to $28M in 2022. In general, exports saw a pronounced slump. The most prominent rate of growth was recorded in 2021 when exports increased by 16% against the previous year.
| Export of Onion in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mozambique | 12.9 | 13.5 | 15.8 | 14.8 | 4.7% |
| Angola | 5.9 | 4.3 | 4.1 | 4.3 | -10.0% |
| Swaziland | 1.2 | 1.3 | 1.4 | 1.6 | 10.1% |
| United Kingdom | 1.6 | N/A | 1.2 | 1.4 | -4.4% |
| Namibia | 1.6 | 1.2 | 1.1 | 1.2 | -9.1% |
| Zambia | 2.7 | 2.6 | 1.9 | 1.1 | -25.9% |
| Democratic Republic of the Congo | 0.1 | N/A | 0.2 | 1.1 | 122.4% |
| Botswana | 2.0 | 2.0 | 2.0 | 0.1 | -63.2% |
| Others | 4.1 | 1.9 | 3.4 | 2.2 | -18.7% |
| Total | 32.1 | 26.9 | 31.1 | 27.9 | -4.6% |
Top Export Markets for Onion from South Africa in 2022:
- Mozambique (81.5K tons)
- Angola (14.9K tons)
- Swaziland (5.9K tons)
- United Kingdom (3.9K tons)
- Zambia (3.4K tons)
- Democratic Republic of the Congo (2.9K tons)
- Namibia (2.9K tons)
- Botswana (0.2K tons)
Onion Imports in South Africa
In 2022, onion imports into South Africa soared to 5.4K tons, jumping by 34% on the year before. The total import volume increased at an average annual rate of +9.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, onion imports soared to $3.3M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +19.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Onion in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 1,002 | 1,597 | 1,332 | 2,268 | 31.3% |
| Netherlands | 223 | 452 | 285 | 417 | 23.2% |
| China | 43.0 | 10.6 | 30.4 | 281 | 87.0% |
| Egypt | 110 | 135 | N/A | 92.6 | -5.6% |
| Zambia | N/A | N/A | N/A | 79.0 | 0% |
| Spain | 399 | 97.2 | 70.0 | 64.8 | -45.4% |
| Others | 182 | 95.2 | 217 | 128 | -11.1% |
| Total | 1,959 | 2,387 | 1,934 | 3,330 | 19.3% |
Top Suppliers of Onion to South Africa in 2022:
- Namibia (3824.5 tons)
- Netherlands (495.3 tons)
- China (415.6 tons)
- Zambia (285.1 tons)
- Egypt (149.1 tons)
- Spain (76.6 tons)
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