South Africa - Peas (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDry Peas Price in South Africa - 2023
Contents:
- Dry Peas Price in South Africa (CIF) - 2023
- Dry Peas Price in South Africa (FOB) - 2023
- Dry Peas Imports in South Africa
- Dry Peas Exports in South Africa
Dry Peas Price in South Africa (CIF) - 2023
The average dry peas import price stood at $585 per ton in July 2023, waning by -14.7% against the previous month. In general, the import price showed a pronounced curtailment. The most prominent rate of growth was recorded in June 2023 an increase of 31% m-o-m. Over the period under review, average import prices reached the maximum at $766 per ton in July 2022; however, from August 2022 to July 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Romania ($996 per ton), while the price for Botswana ($442 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Romania (+23.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Dry Peas Price in South Africa (FOB) - 2023
In July 2023, the average dry peas export price amounted to $1,460 per ton, reducing by -7.9% against the previous month. Overall, the export price, however, enjoyed temperate growth. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 244% against the previous month. As a result, the export price attained the peak level of $3,579 per ton. From April 2023 to July 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Lesotho ($1,524 per ton), while the average price for exports to Botswana ($147 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 Lesotho (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.
Dry Peas Imports in South Africa
In 2022, supplies from abroad of peas (dry) decreased by -12.6% to 11K tons, falling for the second consecutive year after two years of growth. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +15.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -16.3% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 84%. As a result, imports reached the peak of 14K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, dry peas imports rose rapidly to $7.8M in 2022. In general, imports, however, posted significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 98% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Dry Peas in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 818 | 2,091 | 2,736 | 2,375 | 42.7% |
| Canada | 656 | 1,541 | 1,876 | 1,162 | 21.0% |
| Botswana | 20.7 | N/A | 0.1 | 902 | 251.9% |
| France | 832 | 1,291 | 141 | 757 | -3.1% |
| Turkey | 14.4 | N/A | N/A | 626 | 251.6% |
| Argentina | 62.2 | 226 | 134 | 482 | 97.9% |
| Belgium | N/A | 256 | 96.4 | 345 | 16.1% |
| United Arab Emirates | 83.7 | 272 | 659 | 99.6 | 6.0% |
| United States | 442 | 297 | 210 | 88.5 | -41.5% |
| Others | 526 | 875 | 938 | 937 | 21.2% |
| Total | 3,455 | 6,849 | 6,791 | 7,774 | 31.0% |
Top Suppliers of Dry Peas to South Africa in 2022:
- Ukraine (3.8K tons)
- Canada (1.8K tons)
- Botswana (1.2K tons)
- Argentina (1.0K tons)
- Turkey (0.9K tons)
- France (0.9K tons)
- Belgium (0.4K tons)
- United Arab Emirates (0.1K tons)
- United States (0.1K tons)
Dry Peas Exports in South Africa
Dry peas exports from South Africa fell sharply to 1.2K tons in 2022, waning by -38.9% on 2021 figures. Over the period under review, exports continue to indicate a sharp reduction. The smallest decline of -2% was in 2021.
In value terms, dry peas exports dropped remarkably to $1.6M in 2022. Overall, exports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 3.5% against the previous year.
| Export of Dry Peas in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lesotho | 1,444 | 1,489 | 1,617 | 1,088 | -9.0% |
| Namibia | 224 | 201 | 228 | 155 | -11.6% |
| Mozambique | 8.0 | 12.9 | 24.1 | 72.3 | 108.3% |
| Swaziland | 22.1 | 13.5 | 64.8 | 63.2 | 41.9% |
| Botswana | 31.1 | 72.7 | 58.0 | 25.0 | -7.0% |
| Zimbabwe | 106 | 166 | 102 | 5.7 | -62.3% |
| Cote d'Ivoire | 71.3 | N/A | N/A | N/A | 0% |
| Gambia | 134 | N/A | 0.5 | N/A | -93.9% |
| Others | 184 | 115 | 47.3 | 144 | -7.8% |
| Total | 2,224 | 2,069 | 2,142 | 1,554 | -11.3% |
Top Export Markets for Dry Peas from South Africa in 2022:
- Lesotho (935.3 tons)
- Namibia (126.3 tons)
- Mozambique (73.2 tons)
- Swaziland (41.0 tons)
- Botswana (24.2 tons)
- Zimbabwe (5.0 tons)
This report provides an in-depth analysis of the dry peas 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 187 - Peas, dry
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.
-
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, HARVESTED AREA 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
- Area Harvested, 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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