South Africa - Oranges - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOrange Price in South Africa - 2023
Contents:
- Orange Price in South Africa (FOB) - 2023
- Orange Price in South Africa (CIF) - 2022
- Orange Exports in South Africa
- Orange Imports in South Africa
Orange Price in South Africa (FOB) - 2023
In July 2023, the average orange export price amounted to $637 per ton, almost unchanged from the previous month. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 when the average export price increased by 42% against the previous month. The export price peaked in July 2023.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($1,007 per ton), while the average price for exports to Italy ($555 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 Portugal (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.
Orange Price in South Africa (CIF) - 2022
In 2022, the average orange import price amounted to $180 per ton, declining by -57.1% against the previous year. Over the period under review, the import price, however, recorded a measured increase. The most prominent rate of growth was recorded in 2016 an increase of 306% against the previous year. Over the period under review, average import prices attained the maximum at $575 per ton in 2020; however, from 2021 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 Spain ($820 per ton), while the price for Swaziland amounted to $71 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+6.5%), while the prices for the other major suppliers experienced a decline.
Orange Exports in South Africa
In 2022, the amount of oranges exported from South Africa was estimated at 1.3M tons, approximately equating the previous year's figure. The total export volume increased at an average annual rate of +3.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 6.2%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, orange exports dropped to $760M in 2022. The total export value increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 20%.
| Export of Orange in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 113 | 163 | 159 | 138 | 6.9% |
| China | 69.2 | 55.2 | 51.8 | 68.8 | -0.2% |
| United Arab Emirates | 50.8 | 67.1 | 71.9 | 60.6 | 6.1% |
| Russia | 37.7 | 48.7 | 50.8 | 52.2 | 11.5% |
| United States | 24.7 | 45.8 | 57.7 | 51.1 | 27.4% |
| Bangladesh | 29.2 | 47.2 | 41.5 | 38.9 | 10.0% |
| Saudi Arabia | 48.6 | 40.2 | 45.1 | 37.7 | -8.1% |
| United Kingdom | 31.9 | 39.1 | 42.6 | 36.7 | 4.8% |
| Hong Kong SAR | 41.5 | 42.0 | 34.8 | 35.0 | -5.5% |
| Malaysia | 22.1 | 21.9 | 29.7 | 34.6 | 16.1% |
| Canada | 20.2 | 29.5 | 26.7 | 31.1 | 15.5% |
| Portugal | 29.2 | 58.6 | 36.6 | 29.4 | 0.2% |
| Iraq | 19.6 | 17.4 | 21.4 | 20.3 | 1.2% |
| Others | 128 | 124 | 140 | 125 | -0.8% |
| Total | 665 | 800 | 809 | 760 | 4.6% |
Top Export Markets for Orange from South Africa in 2022:
- Netherlands (264.5K tons)
- United Arab Emirates (109.9K tons)
- China (96.9K tons)
- Russia (84.9K tons)
- United Kingdom (73.8K tons)
- Saudi Arabia (66.1K tons)
- Bangladesh (60.0K tons)
- United States (59.2K tons)
- Portugal (59.2K tons)
- Malaysia (49.2K tons)
- Hong Kong SAR (47.7K tons)
- Canada (42.6K tons)
- Iraq (41.9K tons)
Orange Imports in South Africa
In 2022, the amount of oranges imported into South Africa soared to 4.6K tons, with an increase of 24% against the previous year's figure. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +6.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +114.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 73% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, orange imports declined significantly to $831K in 2022. Overall, imports, however, faced a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 26%. As a result, imports attained the peak of $1.6M, and then fell notably in the following year.
| Import of Orange in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 316 | 429 | 609 | 474 | 14.5% |
| Swaziland | 149 | 80.7 | 189 | 278 | 23.1% |
| United Arab Emirates | 767 | 590 | 686 | N/A | -5.4% |
| Others | 23.5 | 134 | 73.4 | 78.7 | 49.6% |
| Total | 1,256 | 1,233 | 1,557 | 831 | -12.9% |
Top Suppliers of Orange to South Africa in 2022:
- Swaziland (3.9K tons)
- Spain (0.6K tons)
This report provides an in-depth analysis of the orange 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 490 - Oranges
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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In May 2023, Orange exports saw a rapid growth of 877% month-on-month. However, in December 2023, the value of Orange exports sharply declined to $471K.
138
In May 2023, Orange witnessed its most rapid growth with a staggering increase of 877% compared to the previous month. However, in November 2023, the value of orange exports plummeted dramatically to $5.4M.
261
In February 2023, the orange price amounted to $498 per ton (FOB, South Africa), growing by 14% against the previous month.
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In June 2023, the Lemon And Lime price was $621 per ton (FOB, South Africa), which decreased by 2.7% compared to the previous month.
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During the review period, Citrus Fruit exports reached their peak in 2023 and are projected to continue growing in the future. The value of Citrus Fruit exports surged to $1.9B in 2023.
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Despite an expected global production growth in 2022, orange prices will moderately increase due to the rising cost of fertilizers, pesticides, energy and limited workforce. This year, the world’s orange output is forecast to rise by 3% y/y to 77M tons due primarily to expected favourable weather in Mexico, Brazil and Turkey.
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In 2021, global orange production is expected to grow by 8% due to favorable weather and the expansion of planting areas. Strong harvests are forecasted in Brazil, Mexico, the EU, Egypt and South Africa, while production in the U.S. and Turkey will decline. The U.S., South Africa, and Egypt will remain top orange exporters. By the end of 2021, orange processing in China will decrease against the previous year's level due to lockdowns as a result of Covid outbreaks, while Brazil and Mexico will increase local produce processing, strengthening their position in the global juice market.
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