South Africa - Lentils - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLentil Price in South Africa - 2023
Contents:
- Lentil Price in South Africa (CIF) - 2023
- Lentil Price in South Africa (FOB) - 2022
- Lentil Imports in South Africa
- Lentil Exports in South Africa
Lentil Price in South Africa (CIF) - 2023
The average lentil import price stood at $1,013 per ton in July 2023, stabilizing at the previous month. In general, the import price, however, recorded a mild setback. The growth pace was the most rapid in November 2022 an increase of 24% against the previous month. The import price peaked at $1,260 per ton in July 2022; however, from August 2022 to July 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was India ($1,086 per ton), while the price for Bahrain ($882 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 Australia (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Lentil Price in South Africa (FOB) - 2022
In 2022, the average lentil export price amounted to $1,266 per ton, increasing by 28% against the previous year. In general, the export price showed a relatively flat trend pattern. The export price peaked at $1,589 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Lesotho ($2,082 per ton), while the average price for exports to Swaziland ($962 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 Mozambique (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Lentil Imports in South Africa
In 2022, overseas purchases of lentils decreased by -20.7% to 5.9K tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2020 with an increase of 19% against the previous year. As a result, imports attained the peak of 9.5K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, lentil imports rose sharply to $6.4M in 2022. The total import value increased at an average annual rate of +12.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 46%. As a result, imports attained the peak of $6.5M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Lentil in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 2,429 | 3,474 | 2,227 | 3,703 | 15.1% |
| Australia | 146 | 991 | 357 | 1,136 | 98.2% |
| United Arab Emirates | 811 | 1,053 | 2,522 | 827 | 0.7% |
| Turkey | 91.9 | 154 | 321 | 288 | 46.3% |
| India | 114 | 433 | 180 | 216 | 23.7% |
| Ukraine | 68.0 | 88.2 | 221 | 36.5 | -18.7% |
| Botswana | 417 | N/A | N/A | 33.5 | -56.9% |
| Others | 404 | 344 | 213 | 185 | -22.9% |
| Total | 4,480 | 6,537 | 6,040 | 6,425 | 12.8% |
Top Suppliers of Lentil to South Africa in 2022:
- Canada (3280.1 tons)
- Australia (1215.7 tons)
- United Arab Emirates (739.4 tons)
- Turkey (268.9 tons)
- India (113.3 tons)
- Botswana (68.0 tons)
- Ukraine (48.1 tons)
Lentil Exports in South Africa
In 2022, shipments abroad of lentils decreased by -83.9% to 273 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports continue to indicate a noticeable curtailment. The growth pace was the most rapid in 2020 with an increase of 323%.
In value terms, lentil exports fell notably to $346K in 2022. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 258%.
| Export of Lentil in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 134 | 190 | 164 | 110 | -6.4% |
| Swaziland | 13.1 | 9.3 | 21.0 | 102 | 98.2% |
| Botswana | 104 | 190 | 76.7 | 32.6 | -32.1% |
| Lesotho | 38.3 | 36.9 | 29.6 | 27.2 | -10.8% |
| Mozambique | 32.3 | 33.2 | 10.1 | 24.8 | -8.4% |
| United Arab Emirates | N/A | N/A | N/A | 20.5 | 0% |
| Zimbabwe | 11.2 | 23.3 | 4.8 | 19.3 | 19.9% |
| India | N/A | 764 | 1,345 | N/A | 76.0% |
| Others | 21.8 | 20.3 | 19.5 | 9.7 | -23.7% |
| Total | 354 | 1,267 | 1,671 | 346 | -0.8% |
Top Export Markets for Lentil from South Africa in 2022:
- Swaziland (106.3 tons)
- Namibia (72.8 tons)
- Botswana (33.5 tons)
- Mozambique (15.1 tons)
- United Arab Emirates (13.8 tons)
- Lesotho (13.1 tons)
- Zimbabwe (13.1 tons)
This report provides an in-depth analysis of the lentil 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 201 - Lentils, 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.
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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, 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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