Wine Lees; Argol Price in South Africa - 2023

Contents:

1. Wine Lees; Argol Price in South Africa (FOB) - 2022
2. Wine Lees; Argol Price in South Africa (CIF) - 2022
3. Wine Lees; Argol Exports in South Africa
4. Wine Lees; Argol Imports in South Africa

Wine Lees; Argol Price in South Africa (FOB) - 2022

The average wine lees; argol export price stood at $378 per ton in 2022, which is down by -48.5% against the previous year. In general, the export price faced a deep reduction. The pace of growth was the most pronounced in 2018 an increase of 84%. Over the period under review, the average export prices hit record highs at $1,561 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zimbabwe ($521 per ton), while the average price for exports to Italy amounted to $274 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (-1.2%), while the prices for the other major destinations experienced a decline.

Wine Lees; Argol Price in South Africa (CIF) - 2022

The average wine lees; argol import price stood at $1,382 per ton in 2022, with a decrease of -71.5% against the previous year. Overall, the import price recorded a deep setback. The pace of growth was the most pronounced in 2015 when the average import price increased by 64%. As a result, import price attained the peak level of $24,625 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Botswana amounted to +1.4% per year.

Wine Lees; Argol Exports in South Africa

Wine lees; argol exports from South Africa surged to 81 tons in 2022, with an increase of 291% against the previous year's figure. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 516%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, wine lees; argol exports skyrocketed to $31K in 2022. In general, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 714% against the previous year. As a result, the exports reached the peak of $34K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Top Export Markets for Wine Lees; Argol from South Africa in 2022:

1. Italy (46.6 tons)
2. Zimbabwe (34.0 tons)

Wine Lees; Argol Imports in South Africa

For the fourth year in a row, South Africa recorded growth in purchases abroad of wine lees; argol, which increased by 457% to 195 kg in 2022. In general, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, wine lees; argol imports skyrocketed to $269 in 2022. Over the period under review, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Wine Lees; Argol to South Africa in 2022:

1. China (195.0 kg)

Source: IndexBox Market Intelligence Platform