South Africa - Cream Fresh - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCream Fresh Price in South Africa - 2023
Contents:
- Cream Fresh Price in South Africa (FOB) - 2023
- Cream Fresh Price in South Africa (CIF) - 2022
- Cream Fresh Exports in South Africa
- Cream Fresh Imports in South Africa
Cream Fresh Price in South Africa (FOB) - 2023
The average cream fresh export price stood at $891 per ton in July 2023, growing by 4.1% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 an increase of 109% m-o-m. As a result, the export price attained the peak level of $1,589 per ton. From March 2023 to July 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Mozambique ($3,043 per ton), while the average price for exports to Botswana ($609 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 Mozambique (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.
Cream Fresh Price in South Africa (CIF) - 2022
The average cream fresh import price stood at $2,393 per ton in 2022, dropping by -7.6% against the previous year. Overall, the import price showed a pronounced contraction. The pace of growth was the most pronounced in 2015 an increase of 51% against the previous year. The import price peaked at $3,607 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($5,379 per ton), while the price for Swaziland ($1,747 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Cream Fresh Exports in South Africa
For the fourth consecutive year, South Africa recorded growth in shipments abroad of cream fresh, which increased by 17% to 9.9K tons in 2022. Overall, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 67%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, cream fresh exports rose significantly to $7.6M in 2022. In general, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +23.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +87.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 31%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Export of Cream Fresh in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Botswana | 0.7 | 0.8 | 2.3 | 3.3 | 67.7% |
| Mozambique | 1.2 | 1.7 | 1.9 | 1.7 | 12.3% |
| Namibia | 0.6 | 1.4 | 0.9 | 1.3 | 29.4% |
| Lesotho | 0.5 | 0.4 | 0.6 | 0.5 | 0.0% |
| Swaziland | 0.7 | 0.6 | 0.8 | 0.4 | -17.0% |
| Others | 0.4 | 0.3 | 0.3 | 0.5 | 7.7% |
| Total | 4.1 | 5.2 | 6.9 | 7.6 | 22.8% |
Top Export Markets for Cream Fresh from South Africa in 2022:
- Botswana (6.0K tons)
- Namibia (1.4K tons)
- Mozambique (1.2K tons)
- Lesotho (0.6K tons)
- Swaziland (0.5K tons)
Cream Fresh Imports in South Africa
In 2022, imports of cream fresh into South Africa dropped remarkably to 83 tons, which is down by -29.5% against 2021. Over the period under review, imports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 90%. As a result, imports reached the peak of 118 tons, and then dropped sharply in the following year.
In value terms, cream fresh imports dropped rapidly to $199K in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 78%. As a result, imports reached the peak of $306K, and then dropped remarkably in the following year.
| Import of Cream Fresh in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 0.1 | N/A | 66.1 | 86.3 | 852.1% |
| Belgium | 103 | 142 | 167 | 52.4 | -20.2% |
| France | 90.5 | 27.6 | 58.7 | 39.2 | -24.3% |
| Italy | N/A | N/A | 2.4 | 12.3 | 412.5% |
| Swaziland | N/A | N/A | N/A | 7.0 | 0% |
| Others | 0.8 | 2.2 | 11.3 | 1.6 | 26.0% |
| Total | 195 | 172 | 306 | 199 | 0.7% |
Top Suppliers of Cream Fresh to South Africa in 2022:
- Denmark (45.1 tons)
- Belgium (18.1 tons)
- France (13.3 tons)
- Swaziland (4.0 tons)
- Italy (2.3 tons)
This report provides an in-depth analysis of the cream fresh 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 885 - Cream, Fresh
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
- COUNTRIES WITH TOP YIELDS
- 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, PRODUCING ANIMALS AND YIELD
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
- Yield 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
- Producing Animals Slaughtered, 2012–2023
- Yield, 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
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