
Africa - Peaches And Nectarines - Market Analysis, Forecast, Size, Trends and Insights
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African Peach and Nectarine Market - Egypt to Dominate Production and Trade in 2019
IndexBox has just published a new report: 'Africa - Peaches And Nectarines - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.
The revenue of the peach and nectarine market in Africa amounted to $X in 2018, therefore, remained relatively stable against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The total market indicated a strong growth from 2008 to 2018: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the peach and nectarine consumption increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2017, with an increase of X% against the previous year. In that year, the peach and nectarine market reached its peak level of $X, leveling off in the following year.
Production in Africa
The peach and nectarine production amounted to X tonnes in 2018, going up by X% against the previous year. The total output volume increased at an average annual rate of +X% from 2008 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2017, with an increase of X% against the previous year. Over the period under review, peach and nectarine production attained its maximum volume in 2018 and is expected to retain its growth in the immediate term. The general positive trend in terms of peach and nectarine output was largely conditioned by a mild expansion of the harvested area and a moderate growth in yield figures.
Exports in Africa
In 2018, exports of peaches and nectarines in Africa totaled X tonnes, going down by -X% against the previous year. In general, peach and nectarine exports continue to indicate a drastic descent. The growth pace was the most rapid in 2016, with an increase of X% against the previous year. The volume of exports peaked at X tonnes in 2008; however, from 2009 to 2018, exports remained at a lower figure.
In value terms, peach and nectarine exports amounted to $X (IndexBox estimates) in 2018. The total export value increased at an average annual rate of +X% over the period from 2008 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The growth pace was the most rapid in 2017, with an increase of X% year-to-year. In that year, peach and nectarine exports attained their peak of $X, and then declined slightly in the following year.
Exports by Country
In 2018, South Africa (X tonnes) and Egypt (X tonnes) represented the main exporters of peaches and nectarines in the region, together creating X% of total exports. Guinea (X tonnes) held a X% share (based on tonnes) of total exports, which put it in second place, followed by Morocco (X%), Tunisia (X%) and Tanzania (X%). Zambia (X tonnes) held a relatively small share of total exports.
From 2008 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Tanzania (+X% per year), while the other leaders experienced more modest paces of growth.
In value terms, South Africa ($X) remains the largest peach and nectarine supplier in Africa, comprising X% of total peach and nectarine exports. The second position in the ranking was occupied by Egypt ($X), with a X% share of total exports. It was followed by Guinea, with a X% share.
Export Prices by Country
The peach and nectarine export price in Africa stood at $X per tonne in 2018, jumping by X% against the previous year. The export price indicated a strong increase from 2008 to 2018: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the peach and nectarine export price increased by +X% against 2008 indices.
Export prices varied noticeably by the country of origin; the country with the highest export price was Zambia ($X per tonne), while Egypt ($X per tonne) was amongst the lowest.
From 2008 to 2018, the most notable rate of growth in terms of export prices was attained by Guinea, while the other leaders experienced more modest paces of growth.
Imports in Africa
In 2018, approx. X tonnes of peaches and nectarines were imported in Africa; rising by X% against the previous year.
In value terms, peach and nectarine imports totaled $X (IndexBox estimates) in 2018. In general, peach and nectarine imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2013, with an increase of X% against the previous year. Over the period under review, peach and nectarine imports reached their peak figure at $X in 2015; however, from 2016 to 2018, imports stood at a somewhat lower figure.
Imports by Country
In 2018, Egypt (X tonnes) represented the key importer for peaches and nectarines, comprising X% of total imports. Algeria (X tonnes) took the second position in the ranking, distantly followed by Libya (X tonnes) and South Africa (X tonnes). All these countries together held approx. X% share of total imports.
From 2008 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Algeria, while the other leaders experienced more modest paces of growth.
In value terms, the largest peach and nectarine importing markets in Africa were Algeria ($X), Egypt ($X) and South Africa ($X), with a combined X% share of total imports.
Import Prices by Country
The peach and nectarine import price in Africa stood at $X per tonne in 2018, reducing by -X% against the previous year. Overall, the peach and nectarine import price continues to indicate a significant descent. The growth pace was the most rapid in 2017 when the import price increased by X% y-o-y. Over the period under review, the import prices for peaches and nectarines reached their maximum at $X per tonne in 2011; however, from 2012 to 2018, import prices stood at a somewhat lower figure.
There were significant differences in the average import prices amongst the major importing countries. In 2018, the country with the highest import price was South Africa ($X per tonne), while Egypt ($X per tonne) was amongst the lowest.
From 2008 to 2018, the most notable rate of growth in terms of import prices was attained by Libya, while the other leaders experienced a decline in the import price figures.
Source: IndexBox Platform
This report provides an in-depth analysis of the peach and nectarine market in 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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