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South Africa - Vegetables In Vinegar - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVinegar-Preserved Vegetable Price in South Africa - 2023
Contents:
- Vinegar-Preserved Vegetable Price in South Africa (FOB) - 2023
- Vinegar-Preserved Vegetable Price in South Africa (CIF) - 2023
- Vinegar-Preserved Vegetable Exports in South Africa
- Vinegar-Preserved Vegetable Imports in South Africa
Vinegar-Preserved Vegetable Price in South Africa (FOB) - 2023
In July 2023, the average vinegar-preserved vegetable export price amounted to $2,587 per ton, remaining constant against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.0%. The growth pace was the most rapid in February 2023 when the average export price increased by 23% m-o-m. Over the period under review, the average export prices hit record highs at $2,596 per ton in June 2023, and then dropped slightly in the following month.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Poland ($4,478 per ton), while the average price for exports to Lesotho ($883 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 Poland (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.
Vinegar-Preserved Vegetable Price in South Africa (CIF) - 2023
In July 2023, the average vinegar-preserved vegetable import price amounted to $1,029 per ton, falling by -5.9% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 40% month-to-month. The import price peaked at $1,156 per ton in October 2022; however, from November 2022 to July 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($2,430 per ton), while the price for China ($590 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 China (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Vinegar-Preserved Vegetable Exports in South Africa
In 2022, approx. 20K tons of vegetables in vinegar other than potatoes were exported from South Africa; with an increase of 18% on the year before. The total export volume increased at an average annual rate of +11.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, vinegar-preserved vegetable exports declined to $41M in 2022. The total export value increased at an average annual rate of +3.9% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. As a result, the exports reached the peak of $42M, and then reduced in the following year.
Export of Vinegar-Preserved Vegetable in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 15.5 | 14.9 | 16.6 | 15.1 | -0.9% |
United States | 6.7 | 5.1 | 6.6 | 8.3 | 7.4% |
Poland | 3.2 | 6.5 | 6.0 | 4.9 | 15.3% |
Netherlands | 1.8 | 2.9 | 3.6 | 3.3 | 22.4% |
Greece | 3.5 | 2.3 | 2.0 | 2.0 | -17.0% |
United Kingdom | 1.2 | 1.4 | 2.0 | 2.0 | 18.6% |
Lesotho | 0.8 | 0.8 | 0.8 | 0.7 | -4.4% |
Others | 3.6 | 3.7 | 4.2 | 4.2 | 5.3% |
Total | 36.2 | 37.6 | 41.8 | 40.5 | 3.8% |
Top Export Markets for Vinegar-Preserved Vegetable from South Africa in 2022:
- Germany (7.1K tons)
- United States (3.4K tons)
- Poland (2.3K tons)
- Netherlands (1.9K tons)
- United Kingdom (1.3K tons)
- Greece (1.0K tons)
- Lesotho (0.6K tons)
Vinegar-Preserved Vegetable Imports in South Africa
In 2022, approx. 9.4K tons of vegetables in vinegar other than potatoes were imported into South Africa; increasing by 7.4% compared with the previous year's figure. The total import volume increased at an average annual rate of +5.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 14% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, vinegar-preserved vegetable imports declined to $7M in 2022. The total import value increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year. As a result, imports attained the peak of $7.2M, and then shrank in the following year.
Import of Vinegar-Preserved Vegetable in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Zimbabwe | 1,852 | 1,678 | 1,787 | 1,971 | 2.1% |
Zambia | 1,087 | 1,159 | 1,239 | 1,347 | 7.4% |
Germany | 984 | 1,161 | 1,406 | 1,058 | 2.4% |
Poland | 173 | 318 | 451 | 486 | 41.1% |
Turkey | 257 | 218 | 318 | 429 | 18.6% |
Sri Lanka | 461 | 432 | 428 | 261 | -17.3% |
Belgium | 287 | 280 | 481 | 249 | -4.6% |
China | 66.6 | 57.1 | 122 | 145 | 29.6% |
Others | 1,514 | 768 | 1,014 | 1,089 | -10.4% |
Total | 6,681 | 6,072 | 7,247 | 7,035 | 1.7% |
Top Suppliers of Vinegar-Preserved Vegetable to South Africa in 2022:
- Zimbabwe (3.4K tons)
- Zambia (2.2K tons)
- Germany (0.9K tons)
- Turkey (0.6K tons)
- Poland (0.6K tons)
- China (0.4K tons)
- Sri Lanka (0.3K tons)
- Belgium (0.3K tons)
This report provides an in-depth analysis of the vinegar-preserved vegetable 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:
- FCL 471 - Vegetables in Vinegar
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 vinegar-preserved vegetable market in South Africa.
This report provides an in-depth analysis of the global vinegar-preserved vegetable market.
This report provides an in-depth analysis of the vinegar-preserved vegetable market in South Africa.
This report provides an in-depth analysis of the global vinegar-preserved vegetable market.
Explore the top import markets for vinegar-preserved vegetables in the world. Learn about the key countries driving the growth of this thriving industry.
Turkey continues to lead the way in the global trade of vegetables in vinegar. In 2014, Turkey exported X thousand tons of vegetables in vinegar totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it
In value terms, vegetables, fruits and nuts imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indica...
In value terms, prepared vegetables and fruits imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some n...
In value terms, vegetables, fruits and nuts exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern remained relatively...
In value terms, prepared vegetables and fruits exports totaled $X in 2016. Overall, it indicated a notable increase from 2007 to 2016: the total exports value decreased at an average annual rate of...
Explore the top import markets for vinegar-preserved vegetables in the world. Learn about the key countries driving the growth of this thriving industry.
Turkey continues to lead the way in the global trade of vegetables in vinegar. In 2014, Turkey exported X thousand tons of vegetables in vinegar totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it