South Africa - Preserved Asparagus - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Asparagus Price in South Africa - 2023
Contents:
- Preserved Asparagus Price in South Africa (CIF) - 2022
- Preserved Asparagus Price in South Africa (FOB) - 2022
- Preserved Asparagus Imports in South Africa
- Preserved Asparagus Exports in South Africa
Preserved Asparagus Price in South Africa (CIF) - 2022
The average preserved asparagus import price stood at $2,412 per ton in 2022, surging by 19% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The import price peaked at $2,647 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to +2.4% per year.
Preserved Asparagus Price in South Africa (FOB) - 2022
In 2022, the average preserved asparagus export price amounted to $2,443 per ton, declining by -3.7% against the previous year. Over the last decade, it increased at an average annual rate of +4.2%. The most prominent rate of growth was recorded in 2014 an increase of 36% against the previous year. As a result, the export price reached the peak level of $2,735 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malawi ($3,265 per ton), while the average price for exports to Swaziland ($1,845 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 Swaziland (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Asparagus Imports in South Africa
In 2022, purchases abroad of preserved asparagus decreased by -28.7% to 184 tons, falling for the second year in a row after two years of growth. Overall, imports saw a deep contraction. The pace of growth was the most pronounced in 2020 when imports increased by 31% against the previous year. As a result, imports reached the peak of 365 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, preserved asparagus imports shrank to $444K in 2022. Over the period under review, imports showed a deep contraction. The pace of growth appeared the most rapid in 2020 with an increase of 27% against the previous year. As a result, imports reached the peak of $710K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Preserved Asparagus in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 464 | 603 | 510 | 438 | -1.9% |
| Peru | 91.2 | 101 | N/A | N/A | 10.7% |
| Others | 3.3 | 5.8 | 10.7 | 5.5 | 18.6% |
| Total | 559 | 710 | 521 | 444 | -7.4% |
Top Suppliers of Preserved Asparagus to South Africa in 2022:
- China (183.1 tons)
Preserved Asparagus Exports in South Africa
In 2022, approx. 25 tons of preserved asparagus were exported from South Africa; dropping by -13.3% on the previous year. Overall, exports showed a abrupt contraction. The smallest decline of -6.7% was in 2021.
In value terms, preserved asparagus exports fell sharply to $61K in 2022. In general, exports recorded a abrupt decline. The smallest decline of -3.7% was in 2021.
| Export of Preserved Asparagus in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 46.9 | 34.7 | 36.0 | 23.8 | -20.2% |
| Swaziland | 14.0 | 14.5 | 15.6 | 15.4 | 3.2% |
| Botswana | 10.5 | 6.5 | 6.0 | 9.5 | -3.3% |
| Zambia | 9.3 | 5.7 | 7.0 | 7.0 | -9.0% |
| Angola | N/A | N/A | N/A | 1.6 | 0% |
| Malawi | 2.6 | 1.5 | 0.7 | 1.3 | -20.6% |
| Others | 13.2 | 13.6 | 8.3 | 3.0 | -39.0% |
| Total | 96.6 | 76.5 | 73.7 | 61.5 | -14.0% |
Top Export Markets for Preserved Asparagus from South Africa in 2022:
- Namibia (9.3 tons)
- Swaziland (8.3 tons)
- Botswana (3.1 tons)
- Zambia (2.2 tons)
- Angola (0.7 tons)
- Malawi (0.4 tons)
This report provides an in-depth analysis of the preserved asparagus 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 10391760 - Preserved asparagus (excluding prepared vegetable dishes and asparagus dried, frozen or preserved by vinegar or acetic acid)
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
- 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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