South Africa - Prepared Mustard - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSouth Africa's Mustard Prices Drop to $1,590 per Ton
South Africa Prepared Mustard Export Price in December 2022
In December 2022, the prepared mustard price amounted to $1,590 per ton (FOB, South Africa), dropping by -42.1% against the previous month. Overall, the export price saw a mild downturn. The pace of growth was the most pronounced in August 2022 an increase of 68% against the previous month. Over the period under review, the average export prices attained the maximum at $2,984 per ton in June 2022; however, from July 2022 to December 2022, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Mozambique ($4,027 per ton), while the average price for exports to Swaziland ($687 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
| COUNTRY | Dec 2021 | Jan 2022 | Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Export Price Prepared Mustard in South Africa (USD per kg) | |||||||||||||
| Democratic Republic of the Congo | 2.3 | 2.7 | 4.0 | 2.2 | 1.8 | 5.5 | 15.3 | 3.1 | 0.9 | 1.1 | 1.8 | 2.0 | N/A |
| Thailand | 2.3 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 4.0 | N/A | N/A | N/A | N/A |
| Mozambique | 2.5 | 3.1 | 3.2 | 3.2 | 3.6 | 2.6 | 2.9 | 2.5 | 3.1 | 3.7 | 4.5 | 3.1 | 4.0 |
| Namibia | 2.6 | 2.2 | 2.1 | 2.6 | 2.5 | 3.3 | 3.2 | 2.2 | 2.7 | 2.9 | 2.0 | 2.5 | 3.6 |
| Zambia | 1.3 | 2.0 | 2.7 | 1.8 | 2.4 | 2.6 | 3.2 | 1.7 | 1.4 | 2.6 | 2.5 | 3.6 | 2.6 |
| Zimbabwe | 3.0 | 4.2 | 4.5 | 1.6 | 1.7 | 2.5 | 3.0 | 3.5 | 1.2 | 1.3 | 2.0 | 1.9 | 2.3 |
| Lesotho | 1.6 | 2.6 | 2.0 | 2.1 | 4.3 | 1.1 | 4.1 | 1.3 | 2.3 | 1.4 | 5.4 | 5.3 | 2.0 |
| Botswana | 2.2 | 2.0 | 2.1 | 1.9 | 2.3 | 2.0 | 2.4 | 1.6 | 1.9 | 2.8 | 2.1 | 2.0 | 2.0 |
| Swaziland | 2.0 | 1.8 | 1.8 | 2.7 | 1.9 | 2.4 | 2.0 | 2.1 | 2.0 | 2.2 | 2.1 | 2.0 | 0.7 |
| Average | 1.8 | 2.4 | 2.1 | 2.3 | 2.6 | 2.0 | 3.0 | 1.5 | 2.6 | 2.1 | 2.7 | 2.7 | 1.6 |
South Africa Prepared Mustard Exports
In December 2022, shipments abroad of prepared mustard increased by 76% to 76 tons for the first time since July 2022, thus ending a four-month declining trend. Overall, exports, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in July 2022 when exports increased by 308% against the previous month. Over the period under review, the exports attained the maximum at 235 tons in December 2021; however, from January 2022 to December 2022, the exports remained at a lower figure.
In value terms, prepared mustard exports amounted to $122K (IndexBox estimates) in December 2022. In general, exports, however, showed a abrupt decrease. The pace of growth was the most pronounced in July 2022 with an increase of 108% against the previous month. The exports peaked at 419 tons in December 2021; however, from January 2022 to December 2022, the exports failed to regain momentum.
South Africa Prepared Mustard Exports by Country
Swaziland (38 tons) was the main destination for prepared mustard exports from South Africa, with a 49% share of total exports. Moreover, prepared mustard exports to Swaziland exceeded the volume sent to the second major destination, Lesotho (14 tons), threefold. The third position in this ranking was taken by Botswana (11 tons), with a 14% share.
From December 2021 to December 2022, the average monthly rate of growth in terms of volume to Swaziland amounted to +13.0%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Lesotho (-18.4% per month) and Botswana (-1.3% per month).
In value terms, Lesotho ($29K), Swaziland ($26K) and Botswana ($21K) were the largest markets for prepared mustard exported from South Africa worldwide, with a combined 62% share of total exports. These countries were followed by Namibia, Mozambique, Zambia and Zimbabwe, which together accounted for a further 30%.
In terms of the main countries of destination, Zimbabwe, with a CAGR of +7.2%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the prepared mustard 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:
- Prodcom 10841253 - Mustard flour and meal
- Prodcom 10841255 - Prepared mustard
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
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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
