South Africa - Dried Onions - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDried Onion Price in South Africa - 2023
Contents:
- Dried Onion Price in South Africa (CIF) - 2023
- Dried Onion Price in South Africa (FOB) - 2022
- Dried Onion Imports in South Africa
- Dried Onion Exports in South Africa
Dried Onion Price in South Africa (CIF) - 2023
In May 2023, the average dried onion import price amounted to $2,749 per ton, jumping by 49% against the previous month. In general, import price indicated a noticeable expansion from July 2022 to May 2023: its price increased at an average monthly rate of +3.4% over the last ten-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2023 figures, dried onion import price increased by +60.7% against February 2023 indices. Over the period under review, average import prices attained the maximum at $2,906 per ton in August 2022; however, from September 2022 to May 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($4,594 per ton), while the price for China ($1,817 per ton) was amongst the lowest.
From July 2022 to May 2023, the most notable rate of growth in terms of prices was attained by China (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Dried Onion Price in South Africa (FOB) - 2022
In 2022, the average dried onion export price amounted to $870 per ton, rising by 3.9% against the previous year. Over the period under review, the export price recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 an increase of 121% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zimbabwe ($2,587 per ton), while the average price for exports to France ($254 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.
Dried Onion Imports in South Africa
In 2022, the amount of dried onions imported into South Africa declined to 3.4K tons, shrinking by -5.7% on 2021. The total import volume increased at an average annual rate of +3.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 27% against the previous year. As a result, imports reached the peak of 3.6K tons, and then contracted in the following year.
In value terms, dried onion imports totaled $7.1M in 2022. The total import value increased at an average annual rate of +10.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 21%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Dried Onion in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 4.0 | 3.7 | 5.1 | 4.6 | 4.8% |
| United States | 0.7 | 0.8 | 0.7 | 1.0 | 12.6% |
| China | 0.4 | 1.0 | 0.8 | 0.8 | 26.0% |
| France | 0.1 | 0.2 | 0.2 | 0.7 | 91.3% |
| Others | 0.1 | 0.2 | 0.3 | 0.1 | 0.0% |
| Total | 5.3 | 5.8 | 7.1 | 7.1 | 10.2% |
Top Suppliers of Dried Onion to South Africa in 2022:
- India (2435.5 tons)
- China (523.0 tons)
- United States (256.2 tons)
- France (102.3 tons)
Dried Onion Exports in South Africa
In 2022, overseas shipments of dried onions decreased by -59.4% to 98 tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a sharp reduction. The pace of growth appeared the most rapid in 2020 when exports increased by 18% against the previous year. As a result, the exports attained the peak of 593 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, dried onion exports shrank notably to $85K in 2022. Overall, exports faced a precipitous setback. The growth pace was the most rapid in 2020 with an increase of 9.5% against the previous year. As a result, the exports reached the peak of $225K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Dried Onion in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zimbabwe | 23.5 | 119 | 62.5 | 47.1 | 26.1% |
| Swaziland | 18.0 | 18.9 | 18.2 | 7.9 | -24.0% |
| France | N/A | N/A | N/A | 6.9 | 0% |
| Botswana | 11.6 | 13.7 | 41.4 | 4.1 | -29.3% |
| Zambia | 5.2 | 23.3 | 12.8 | 3.4 | -13.2% |
| Namibia | 9.8 | 3.1 | 11.8 | 2.1 | -40.2% |
| Lesotho | 16.7 | 18.1 | 5.9 | 1.9 | -51.5% |
| Sierra Leone | 76.8 | N/A | N/A | N/A | 0% |
| United Kingdom | 11.3 | N/A | N/A | N/A | 0% |
| Others | 32.4 | 28.7 | 49.1 | 11.7 | -28.8% |
| Total | 205 | 225 | 202 | 85.2 | -25.4% |
Top Export Markets for Dried Onion from South Africa in 2022:
- France (27.2 tons)
- Swaziland (27.2 tons)
- Zimbabwe (18.2 tons)
- Zambia (8.0 tons)
- Lesotho (7.1 tons)
- Botswana (4.7 tons)
- Namibia (2.2 tons)
This report provides an in-depth analysis of the dried onion 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 10391330 - Dried onions, whole, cut, sliced, broken or in powder, but not further prepared
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
- 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
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