South Africa - Pistachios - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPistachio Price in South Africa - 2023
Contents:
- Pistachio Price in South Africa (CIF) - 2022
- Pistachio Price in South Africa (FOB) - 2022
- Pistachio Imports in South Africa
- Pistachio Exports in South Africa
Pistachio Price in South Africa (CIF) - 2022
In 2022, the average pistachio import price amounted to $7,951 per ton, standing approx. at the previous year. Overall, the import price showed a slight setback. The pace of growth appeared the most rapid in 2016 when the average import price increased by 26%. The import price peaked at $11,335 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
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 the United States ($8,442 per ton), while the price for Iran ($5,009 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-0.1%), while the prices for the other major suppliers experienced a decline.
Pistachio Price in South Africa (FOB) - 2022
In 2022, the average pistachio export price amounted to $8,872 per ton, reducing by -16.3% against the previous year. Overall, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pistachio export price increased by +46.2% against 2017 indices. The pace of growth appeared the most rapid in 2015 when the average export price increased by 71% against the previous year. The export price peaked at $10,593 per ton in 2021, and then declined dramatically in the following year.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($8,872 per ton), while the average price for exports to Botswana amounted to $7,551 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.
Pistachio Imports in South Africa
In 2022, purchases abroad of pistachios increased by 37% to 295 tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +5.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, pistachio imports surged to $2.3M in 2022. Over the period under review, total imports indicated perceptible growth from 2019 to 2022: its value increased at an average annual rate of +2.9% 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 +57.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Pistachio in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,034 | 1,131 | 1,497 | 2,076 | 0.7% |
| Iran | 0.5 | 93.7 | 128 | 205 | 642.9% |
| Turkey | 22.3 | 15.0 | 13.9 | 56.5 | 36.3% |
| United Arab Emirates | 95.2 | 237 | 58.0 | 5.5 | -61.3% |
| Others | 0.1 | 9.4 | 18.8 | 0.1 | 0.0% |
| Total | 2,152 | 1,486 | 1,716 | 2,343 | 2.9% |
Top Suppliers of Pistachio to South Africa in 2022:
- United States (245.9 tons)
- Iran (40.9 tons)
- Turkey (7.3 tons)
- United Arab Emirates (0.6 tons)
Pistachio Exports in South Africa
In 2022, pistachio exports from South Africa skyrocketed to 127 tons, increasing by 72% on the previous year's figure. In general, exports, however, continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 143%.
In value terms, pistachio exports surged to $1.1M in 2022. Overall, exports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 278% against the previous year.
| Export of Pistachio in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | N/A | 1,014 | 0% |
| Botswana | 54.5 | 37.6 | 61.0 | 56.7 | 1.3% |
| Spain | N/A | N/A | 120 | N/A | 0% |
| Greece | 359 | N/A | N/A | N/A | 0% |
| United States | N/A | N/A | 117 | N/A | 0% |
| Italy | 191 | N/A | N/A | N/A | 0% |
| Netherlands | 742 | 63.3 | 432 | N/A | -23.7% |
| Others | 62.8 | 106 | 53.4 | 56.1 | -3.7% |
| Total | 1,408 | 207 | 783 | 1,127 | -7.2% |
Top Export Markets for Pistachio from South Africa in 2022:
- Russia (114.3 tons)
- Botswana (7.5 tons)
This report provides an in-depth analysis of the pistachio 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 223 - Pistachios
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
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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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Global pistachio consumption amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
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In 2015, the country with the largest volume of the pistachio output was Iran (X thousand tons), accounting for X% of global production.
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