South Africa - Olives (Prepared Or Preserved ) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Olive Price in South Africa - 2023
Contents:
- Preserved Olive Price in South Africa (CIF) - 2023
- Preserved Olive Price in South Africa (FOB) - 2022
- Preserved Olive Imports in South Africa
- Preserved Olive Exports in South Africa
Preserved Olive Price in South Africa (CIF) - 2023
The average preserved olive import price stood at $2,864 per ton in July 2023, rising by 5.4% against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 91% month-to-month. As a result, import price attained the peak level of $4,888 per ton. From May 2023 to July 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Greece ($6,660 per ton), while the price for Italy ($2,144 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 Greece (+6.1%), while the prices for the other major suppliers experienced a decline.
Preserved Olive Price in South Africa (FOB) - 2022
In 2022, the average preserved olive export price amounted to $1,970 per ton, with a decrease of -11.6% against the previous year. Overall, the export price continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2021 when the average export price increased by 15% against the previous year. The export price peaked at $2,709 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zimbabwe ($3,447 per ton), while the average price for exports to Lesotho ($618 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 Zimbabwe (+1.2%), while the prices for the other major destinations experienced mixed trend patterns.
Preserved Olive Imports in South Africa
In 2022, overseas purchases of olives prepared or preserved increased by 4.4% to 1.4K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a deep slump.
In value terms, preserved olive imports expanded significantly to $3.3M in 2022. Overall, imports, however, continue to indicate a noticeable setback.
| Import of Preserved Olive in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 2,062 | 2,079 | 2,026 | 1,947 | -1.9% |
| Greece | 717 | 665 | 737 | 810 | 4.1% |
| Morocco | 252 | 132 | 52.1 | 174 | -11.6% |
| Italy | 150 | 104 | 107 | 133 | -3.9% |
| Portugal | 259 | 171 | 95.3 | 125 | -21.6% |
| Argentina | 48.0 | N/A | 63.2 | 121 | 36.1% |
| Others | 32.5 | 75.6 | 11.1 | 3.9 | -50.7% |
| Total | 3,521 | 3,227 | 3,091 | 3,314 | -2.0% |
Top Suppliers of Preserved Olive to South Africa in 2022:
- Spain (907.6 tons)
- Greece (210.0 tons)
- Morocco (113.5 tons)
- Argentina (94.4 tons)
- Portugal (58.4 tons)
- Italy (50.5 tons)
Preserved Olive Exports in South Africa
In 2022, approx. 187 tons of olives prepared or preserved were exported from South Africa; which is down by -4.9% compared with the previous year. Over the period under review, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 23%.
In value terms, preserved olive exports fell dramatically to $369K in 2022. Overall, exports showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 42%.
| Export of Preserved Olive in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Botswana | 104 | 62.1 | 102 | 112 | 2.5% |
| Namibia | 214 | 56.6 | 80.9 | 72.7 | -30.2% |
| Zambia | 102 | 69.0 | 118 | 63.1 | -14.8% |
| Zimbabwe | 32.3 | 29.9 | 51.6 | 28.2 | -4.4% |
| Mozambique | 21.7 | 15.9 | 18.2 | 20.4 | -2.0% |
| Swaziland | 15.5 | 14.5 | 14.3 | 16.2 | 1.5% |
| Malawi | 11.2 | 12.0 | 9.5 | 13.6 | 6.7% |
| Lesotho | 6.0 | 7.7 | 10.2 | 10.6 | 20.9% |
| Ethiopia | 28.4 | 4.4 | 3.2 | N/A | -66.4% |
| Netherlands | 80.9 | N/A | N/A | N/A | 0% |
| Others | 57.2 | 36.7 | 30.3 | 32.6 | -17.1% |
| Total | 673 | 309 | 439 | 369 | -18.2% |
Top Export Markets for Preserved Olive from South Africa in 2022:
- Ethiopia (undefined tons)
- Namibia (44.9 tons)
- Botswana (39.6 tons)
- Zambia (30.8 tons)
- Lesotho (17.1 tons)
- Swaziland (9.8 tons)
- Mozambique (9.7 tons)
- Zimbabwe (8.2 tons)
- Malawi (6.1 tons)
This report provides an in-depth analysis of the preserved olive 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 10391770 - Prepared or preserved olives (excluding prepared vegetable dishes and olives 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
-
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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