South Africa - Nuts (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Nuts (Prepared or Preserved) in South Africa - 2023
Contents:
- Price for Nuts (Prepared or Preserved) in South Africa (CIF) - 2023
- Price for Nuts (Prepared or Preserved) in South Africa (FOB) - 2023
- Imports of Nuts (Prepared or Preserved) in South Africa
- Exports of Nuts (Prepared or Preserved) in South Africa
Price for Nuts (Prepared or Preserved) in South Africa (CIF) - 2023
In July 2023, the average nuts (prepared or preserved) import price amounted to $2,613 per ton, picking up by 10% against the previous month. In general, the import price, however, continues to indicate a mild decline. The pace of growth was the most pronounced in November 2022 when the average import price increased by 67% month-to-month. The import price peaked at $3,392 per ton in September 2022; however, from October 2022 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($5,802 per ton), while the price for Singapore ($1,120 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Australia (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nuts (Prepared or Preserved) in South Africa (FOB) - 2023
The average nuts (prepared or preserved) export price stood at $3,626 per ton in July 2023, with a decrease of -30.4% against the previous month. In general, export price indicated a mild expansion from July 2022 to July 2023: its price increased at an average monthly rate of +1.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, nuts (prepared or preserved) export price increased by +5.5% against May 2023 indices. The growth pace was the most rapid in June 2023 an increase of 52% month-to-month. As a result, the export price attained the peak level of $5,208 per ton, and then contracted notably in the following month.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Canada ($11,341 per ton), while the average price for exports to Botswana ($1,884 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Niger (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nuts (Prepared or Preserved) in South Africa
In 2022, approx. 8.3K tons of nuts (prepared or preserved) were imported into South Africa; rising by 28% against the previous year. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +17.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 49%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, nuts (prepared or preserved) imports expanded sharply to $20M in 2022. The total import value increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 40%. As a result, imports attained the peak of $21M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Nuts (Prepared or Preserved) in South Africa (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 3.6 | 4.8 | 4.2 | 5.3 | 13.8% |
Australia | 0.9 | 2.0 | 2.1 | 3.3 | 54.2% |
Thailand | 2.9 | 3.3 | 2.4 | 3.3 | 4.4% |
Turkey | 4.1 | 3.9 | 4.8 | 2.5 | -15.2% |
Spain | 0.6 | 1.5 | 0.5 | 1.1 | 22.4% |
Hungary | 0.6 | 1.2 | 1.0 | 0.9 | 14.5% |
India | 0.4 | 0.3 | 0.5 | 0.9 | 31.0% |
Indonesia | 0.1 | 0.2 | 0.3 | 0.5 | 71.0% |
Bulgaria | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
Swaziland | 0.2 | 0.2 | 0.1 | N/A | -29.3% |
Others | 1.5 | 3.3 | 1.9 | 1.8 | 6.3% |
Total | 15.1 | 21.0 | 18.0 | 19.9 | 9.6% |
Top Suppliers of Nuts (Prepared or Preserved) to South Africa in 2022:
- Thailand (2384.8 tons)
- United States (1979.3 tons)
- Australia (1703.0 tons)
- Hungary (511.3 tons)
- Turkey (326.4 tons)
- Spain (291.8 tons)
- Indonesia (283.2 tons)
- India (180.3 tons)
- Bulgaria (132.9 tons)
- Swaziland (5.8 tons)
Exports of Nuts (Prepared or Preserved) in South Africa
In 2022, overseas shipments of nuts (prepared or preserved) increased by 60% to 6.8K tons for the first time since 2019, thus ending a two-year declining trend. In general, total exports indicated a measured expansion from 2019 to 2022: its volume increased at an average annual rate of +3.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, nuts (prepared or preserved) exports surged to $22M in 2022. Overall, total exports indicated a noticeable increase from 2019 to 2022: its value increased at an average annual rate of +4.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Nuts (Prepared or Preserved) in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Niger | N/A | N/A | N/A | 4.1 | 0% |
Angola | 0.1 | 0.1 | 0.1 | 2.6 | 196.2% |
Nigeria | 8.3 | 2.8 | 2.1 | 2.1 | -36.8% |
Pakistan | 5.1 | 6.0 | 4.5 | 1.2 | -38.3% |
Chad | N/A | N/A | N/A | 1.2 | 0% |
Democratic Republic of the Congo | 1.0 | N/A | 1.0 | 1.2 | 6.3% |
Zambia | 0.2 | 0.7 | 0.1 | 1.1 | 76.5% |
Mozambique | 0.2 | 0.6 | N/A | 1.1 | 76.5% |
Cameroon | N/A | N/A | N/A | 1.1 | 0% |
Somalia | N/A | N/A | N/A | 0.8 | 0% |
Mali | N/A | N/A | N/A | 0.5 | 0% |
Senegal | N/A | N/A | 0.3 | 0.5 | 66.7% |
Cote d'Ivoire | N/A | N/A | N/A | 0.5 | 0% |
Others | 4.6 | 5.2 | 4.4 | 3.9 | -5.4% |
Total | 19.4 | 15.3 | 12.5 | 21.9 | 4.1% |
Top Export Markets for Nuts (Prepared or Preserved) from South Africa in 2022:
- Niger (1338.9 tons)
- Angola (829.2 tons)
- Nigeria (755.3 tons)
- Pakistan (437.0 tons)
- Chad (408.3 tons)
- Cameroon (406.0 tons)
- Zambia (346.0 tons)
- Democratic Republic of the Congo (344.1 tons)
- Mozambique (341.6 tons)
- Somalia (227.9 tons)
- Senegal (194.1 tons)
- Mali (190.8 tons)
- Cote d'Ivoire (175.9 tons)
This report provides an in-depth analysis of the market for nuts (prepared or preserved) 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 10392390 - Prepared or preserved nuts (other than groundnuts), and other seeds and mixtures (excluding by vinegar or acetic acid, f rozen, purees and pastes, preserved by sugar)
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
This report provides an in-depth analysis of the market for nuts (prepared or preserved) in South Africa.
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This report provides an in-depth analysis of the global canned pineapple market.
This report provides an in-depth analysis of the market for nuts (prepared or preserved) in South Africa.
This report provides an in-depth analysis of the peanut butter market in South Africa.
This report provides an in-depth analysis of the canned pineapple market in South Africa.
This report provides an in-depth analysis of the global market for nuts (prepared or preserved).
The most notable growth rate occurred in March 2023 with a month-on-month increase of 106% in imports. In terms of value, the imports of nuts declined significantly to $1.3M (IndexBox estimates).
In July 2023, peanut butter exports surged to $1.7M, reaching their highest level during the review period.
In February 2023, the canned pineapple price amounted to $3,266 per ton (CIF, South Africa), declining by -1.9% against the previous month.
Discover the leading countries in the global nut import market and their key statistics. Find out which nations play a vital role in shaping the international trade of nuts.
In 2015, the countries with the highest levels of nut production were China (X thousand tons), Mexico (X thousand tons), Indonesia (X thousand tons), together accounting for X% of total output.
Turkey is one of the leaders in the global nut trade. In 2014, Turkey exported X thousand tons of nuts totaling X million USD, X% over the previous year. Its primary trading partner was Italy, where it supplied X% of its total nut exports in
Thailand dominates in the global trade of prepared or preserved pineapples. In 2014, Thailand exported X thousand tons of prepared or preserved pineapples totaling X million USD, which was X million USD less than the year before. Its primary trad
The most notable growth rate occurred in March 2023 with a month-on-month increase of 106% in imports. In terms of value, the imports of nuts declined significantly to $1.3M (IndexBox estimates).
In July 2023, peanut butter exports surged to $1.7M, reaching their highest level during the review period.
In February 2023, the canned pineapple price amounted to $3,266 per ton (CIF, South Africa), declining by -1.9% against the previous month.