Price for Vegetable Products Not Elsewhere Specified or Included in South Africa - 2024
Contents:
- Price for Vegetable Products Not Elsewhere Specified or Included in South Africa (FOB) - 2022
- Price for Vegetable Products Not Elsewhere Specified or Included in South Africa (CIF) - 2022
- Exports of Vegetable Products Not Elsewhere Specified or Included in South Africa
- Imports of Vegetable Products Not Elsewhere Specified or Included in South Africa
Price for Vegetable Products Not Elsewhere Specified or Included in South Africa (FOB) - 2022
The average export price for vegetable products not elsewhere specified or includeds stood at $2,096 per ton in 2022, falling by -2.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.2%. The pace of growth was the most pronounced in 2021 when the average export price increased by 49% against the previous year. As a result, the export price attained the peak level of $2,154 per ton, and then reduced modestly in the following year.
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 Mauritius ($2,729 per ton), while the average price for exports to the UK ($377 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 Pakistan (+44.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Vegetable Products Not Elsewhere Specified or Included in South Africa (CIF) - 2022
The average import price for vegetable products not elsewhere specified or includeds stood at $607 per ton in 2022, jumping by 17% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2014 an increase of 49% against the previous year. Over the period under review, average import prices hit record highs at $909 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Swaziland ($1,649 per ton), while the price for the Netherlands ($278 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Swaziland (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Vegetable Products Not Elsewhere Specified or Included in South Africa
In 2022, shipments abroad of vegetable products not elsewhere specified or includeds decreased by -59.5% to 3.8K tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a precipitous shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 10%. As a result, the exports attained the peak of 25K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of vegetable products not elsewhere specified or includeds reduced markedly to $8M in 2022. In general, exports continue to indicate a precipitous descent. The smallest decline of -2.6% was in 2020.
| Export of Vegetable Products Not Elsewhere Specified or Included in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 10.8 | 11.3 | 4.9 | 4.3 | -26.4% |
| Mauritius | 2.5 | 5.2 | 2.2 | 1.3 | -19.6% |
| Namibia | N/A | N/A | N/A | 0.7 | 0% |
| Angola | N/A | N/A | 0.4 | 0.5 | 25.0% |
| Vietnam | 0.6 | 1.5 | 1.2 | 0.5 | -5.9% |
| China | 6.4 | 5.8 | 4.6 | 0.5 | -57.3% |
| United Kingdom | N/A | N/A | N/A | 0.2 | 0% |
| India | 8.9 | 0.9 | N/A | N/A | -89.9% |
| Indonesia | 0.7 | N/A | 2.0 | N/A | 69.0% |
| Taiwan (Chinese) | 5.7 | 10.8 | 5.0 | N/A | -6.3% |
| Others | 2.0 | 1.3 | 0.1 | N/A | -77.6% |
| Total | 37.8 | 36.8 | 20.3 | 8.0 | -40.4% |
Top Export Markets for Vegetable Products Not Elsewhere Specified or Included from South Africa in 2022:
- Bangladesh (1669.3 tons)
- United Kingdom (627.9 tons)
- Mauritius (481.5 tons)
- Namibia (405.0 tons)
- Angola (207.9 tons)
- Vietnam (207.4 tons)
- China (206.9 tons)
- Taiwan (Chinese) (3.1 tons)
Imports of Vegetable Products Not Elsewhere Specified or Included in South Africa
In 2022, imports of vegetable products not elsewhere specified or includeds into South Africa rose sharply to 11K tons, increasing by 15% against the previous year. In general, imports posted a resilient increase. The pace of growth appeared the most rapid in 2021 when imports increased by 72%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of vegetable products not elsewhere specified or includeds skyrocketed to $6.9M in 2022. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 69%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Vegetable Products Not Elsewhere Specified or Included in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,279 | 747 | 920 | 1,904 | 14.2% |
| Sri Lanka | 784 | 959 | 1,996 | 1,862 | 33.4% |
| India | 561 | 446 | 743 | 1,753 | 46.2% |
| Swaziland | 250 | 287 | 527 | 635 | 36.4% |
| Peru | 438 | 294 | 440 | 281 | -13.8% |
| Netherlands | 25.4 | 88.6 | 221 | 104 | 60.0% |
| Others | 354 | 171 | 201 | 366 | 1.1% |
| Total | 3,691 | 2,993 | 5,047 | 6,905 | 23.2% |
Top Suppliers of Vegetable Products Not Elsewhere Specified or Included to South Africa in 2022:
- Sri Lanka (6.4K tons)
- India (2.0K tons)
- China (1.4K tons)
- Netherlands (0.4K tons)
- Peru (0.4K tons)
- Swaziland (0.4K tons)
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