SADC: Vinegar-Preserved Vegetable Market 2024

Vinegar-Preserved Vegetable Market Size in SADC

For the seventh year in a row, the SADC vinegar-preserved vegetable market recorded decline in sales value, which decreased by X% to $X in 2023. Over the period under review, consumption continues to indicate a abrupt downturn. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Vinegar-Preserved Vegetable Production in SADC

In value terms, vinegar-preserved vegetable production expanded rapidly to $X in 2023 estimated in export price. Overall, production showed a relatively flat trend pattern. The level of production peaked at $X in 2014; however, from 2015 to 2023, production remained at a lower figure.

Vinegar-Preserved Vegetable Exports

Exports in SADC

Vinegar-preserved vegetable exports expanded markedly to X tons in 2023, increasing by X% compared with 2022. Overall, exports posted resilient growth. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The volume of export peaked in 2023 and is expected to retain growth in the immediate term.

In value terms, vinegar-preserved vegetable exports soared to $X in 2023. Total exports indicated a buoyant increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The level of export peaked in 2023 and is expected to retain growth in the immediate term.

Exports by Country

South Africa was the major exporter of vegetables in vinegar other than potatoes in SADC, with the volume of exports recording X tons, which was near X% of total exports in 2023. Zimbabwe (X tons) took the second position in the ranking, followed by Zambia (X tons). All these countries together took approx. X% share of total exports.

Exports from South Africa increased at an average annual rate of X% from 2012 to 2023. At the same time, Zimbabwe (X%) and Zambia (X%) displayed positive paces of growth. Moreover, Zimbabwe emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of Zimbabwe and Zambia increased by X and X percentage points, respectively.

In value terms, South Africa ($X) remains the largest vinegar-preserved vegetable supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Zimbabwe ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in South Africa stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Zimbabwe (X% per year) and Zambia (X% per year).

Export Prices by Country

In 2023, the export price in SADC amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price, however, showed a perceptible descent. The pace of growth appeared the most rapid in 2013 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2014; however, from 2015 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Zimbabwe ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Zambia (X%), while the other leaders experienced a decline in the export price figures.

Vinegar-Preserved Vegetable Imports

Imports in SADC

In 2023, imports of vegetables in vinegar other than potatoes in SADC rose remarkably to X tons, growing by X% compared with the previous year's figure. In general, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The volume of import peaked in 2023 and is likely to see gradual growth in the immediate term.

In value terms, vinegar-preserved vegetable imports skyrocketed to $X in 2023. Total imports indicated a buoyant increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The level of import peaked in 2023 and is expected to retain growth in years to come.

Imports by Country

South Africa prevails in imports structure, reaching X tons, which was near X% of total imports in 2023. Botswana (X tons) took the second position in the ranking, followed by Lesotho (X tons). All these countries together held near X% share of total imports. The following importers - Namibia (X tons) and Mauritius (X tons) - together made up X% of total imports.

From 2012 to 2023, average annual rates of growth with regard to vinegar-preserved vegetable imports into South Africa stood at X%. At the same time, Botswana (X%), Lesotho (X%), Mauritius (X%) and Namibia (X%) displayed positive paces of growth. Moreover, Botswana emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2023. South Africa (X p.p.) and Botswana (X p.p.) significantly strengthened its position in terms of the total imports, while Namibia saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported vegetables in vinegar other than potatoes in SADC, comprising X% of total imports. The second position in the ranking was taken by Botswana ($X), with a X% share of total imports. It was followed by Namibia, with a X% share.

In South Africa, vinegar-preserved vegetable imports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Botswana (X% per year) and Namibia (X% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2023, with an increase of X% against the previous year. Overall, the import price, however, saw a perceptible setback. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mauritius ($X per ton), while South Africa ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Mauritius (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform