Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in South Africa - 2024
Contents:
- Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in South Africa (FOB) - 2024
- Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in South Africa (CIF) - 2022
- Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in South Africa
- Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in South Africa
Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in South Africa (FOB) - 2024
In January 2024, the average export price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 amounted to $4,937 per ton, remaining relatively unchanged against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.6%. The most prominent rate of growth was recorded in December 2023 an increase of 24% m-o-m. The export price peaked in January 2024.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($5,843 per ton), while the average price for exports to Namibia ($3,319 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Botswana (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in South Africa (CIF) - 2022
In 2022, the average import price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 amounted to $1,601 per ton, declining by -53.3% against the previous year. Overall, the import price recorded a abrupt decline. The growth pace was the most rapid in 2018 when the average import price increased by 243%. As a result, import price attained the peak level of $8,970 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
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 the United Arab Emirates ($16,000 per ton), while the price for China ($1,143 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in South Africa
After three years of growth, shipments abroad of nuts, edible; mixtures of nuts or dried fruits of chapter 8 decreased by -18.4% to 637 tons in 2022. In general, exports saw a slight decline. The pace of growth was the most pronounced in 2021 with an increase of 8.3% against the previous year. As a result, the exports attained the peak of 781 tons, and then dropped dramatically in the following year.
In value terms, exports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 declined to $3M in 2022. The total export value increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 27% against the previous year. As a result, the exports reached the peak of $3.4M, and then dropped in the following year.
| Export of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 953 | 816 | 904 | 1,070 | 3.9% |
| United States | 442 | 453 | 949 | 499 | 4.1% |
| Botswana | 607 | 361 | 424 | 458 | -9.0% |
| Lesotho | 137 | 136 | 113 | 146 | 2.1% |
| Malawi | 155 | 199 | 200 | 145 | -2.2% |
| Seychelles | 7.8 | 20.4 | 23.4 | 103 | 136.4% |
| Swaziland | 30.8 | 26.4 | 37.7 | 103 | 49.5% |
| Zimbabwe | 73.9 | 38.6 | 78.6 | 89.1 | 6.4% |
| Others | 492 | 633 | 681 | 412 | -5.7% |
| Total | 2,899 | 2,685 | 3,409 | 3,026 | 1.4% |
Top Export Markets for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 from South Africa in 2022:
- Namibia (263.4 tons)
- Botswana (93.6 tons)
- United States (48.7 tons)
- Lesotho (47.8 tons)
- Swaziland (31.2 tons)
- Seychelles (29.7 tons)
- Malawi (28.6 tons)
- Zimbabwe (26.5 tons)
Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in South Africa
In 2022, imports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 into South Africa skyrocketed to 29 tons, picking up by 40% compared with 2021 figures. Over the period under review, imports, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2021 when imports increased by 189%.
In value terms, imports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 shrank sharply to $47K in 2022. Overall, imports, however, faced a sharp curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 204%.
| Import of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.4 | 1.1 | 0.9 | 27.0 | 99.5% |
| Cyprus | N/A | N/A | 39.7 | 11.7 | -70.5% |
| United States | 1.0 | 0.7 | 3.5 | 1.8 | 21.6% |
| Pakistan | 0.8 | 0.9 | 0.6 | 1.3 | 17.6% |
| India | 3.8 | 0.1 | 3.3 | 0.5 | -49.1% |
| Germany | 7.8 | 14.2 | 5.0 | N/A | -19.9% |
| Italy | 20.7 | N/A | N/A | N/A | 0% |
| Canada | 76.5 | N/A | N/A | N/A | 0% |
| Others | 5.7 | 6.7 | 19.0 | 4.7 | -6.2% |
| Total | 120 | 23.7 | 72.1 | 47.0 | -26.8% |
Top Suppliers of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 to South Africa in 2022:
- China (23.7 tons)
- Cyprus (2.9 tons)
- Pakistan (0.7 tons)
- United States (0.5 tons)
- India (0.1 tons)
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