South Africa - Sweet Corn Prepared Or Preserved - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPreserved Sweet Corn Price in South Africa - 2023
Contents:
- Preserved Sweet Corn Price in South Africa (FOB) - 2023
- Preserved Sweet Corn Price in South Africa (CIF) - 2022
- Preserved Sweet Corn Exports in South Africa
- Preserved Sweet Corn Imports in South Africa
Preserved Sweet Corn Price in South Africa (FOB) - 2023
In July 2023, the average preserved sweet corn export price amounted to $1,360 per ton, rising by 14% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in October 2022 an increase of 59% month-to-month. Over the period under review, the average export prices hit record highs in July 2023.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Malawi ($4,325 per ton), while the average price for exports to Swaziland ($1,020 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 Malawi (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Sweet Corn Price in South Africa (CIF) - 2022
The average preserved sweet corn import price stood at $1,349 per ton in 2022, waning by -2.2% against the previous year. Overall, the import price saw a slight shrinkage. The pace of growth was the most pronounced in 2020 when the average import price increased by 29%. The import price peaked at $1,539 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Cyprus ($5,931 per ton), while the price for China ($1,004 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Preserved Sweet Corn Exports in South Africa
After three years of growth, shipments abroad of sweet corn prepared or preserved decreased by -11.8% to 831 tons in 2022. The total export volume increased at an average annual rate of +7.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 36%.
In value terms, preserved sweet corn exports contracted significantly to $1.1M in 2022. The total export value increased at an average annual rate of +1.5% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 17% against the previous year. As a result, the exports reached the peak of $1.3M, and then fell markedly in the following year.
| Export of Preserved Sweet Corn in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Swaziland | 529 | 457 | 472 | 518 | -0.7% |
| Namibia | 204 | 183 | 227 | 294 | 13.0% |
| Botswana | 51.0 | 261 | 420 | 71.8 | 12.1% |
| Zimbabwe | 29.0 | 37.2 | 38.4 | 45.6 | 16.3% |
| Zambia | 36.5 | 23.9 | 36.3 | 37.4 | 0.8% |
| Mozambique | 56.1 | 59.5 | 59.5 | 35.9 | -13.8% |
| Malawi | 28.0 | 37.1 | 18.2 | 25.7 | -2.8% |
| Others | 104 | 57.8 | 34.5 | 57.3 | -18.0% |
| Total | 1,038 | 1,116 | 1,305 | 1,086 | 1.5% |
Top Export Markets for Preserved Sweet Corn from South Africa in 2022:
- Swaziland (488.9 tons)
- Namibia (185.9 tons)
- Botswana (38.8 tons)
- Zambia (24.4 tons)
- Zimbabwe (24.3 tons)
- Mozambique (21.9 tons)
- Malawi (14.3 tons)
Preserved Sweet Corn Imports in South Africa
In 2022, purchases abroad of sweet corn prepared or preserved increased by less than 0.1% to 141 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a sharp reduction.
In value terms, preserved sweet corn imports dropped slightly to $191K in 2022. Over the period under review, imports, however, faced a dramatic contraction.
| Import of Preserved Sweet Corn in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 505 | 324 | 134 | 102 | -41.3% |
| Cyprus | N/A | N/A | 8.3 | 39.6 | 377.1% |
| China | 1.2 | 10.3 | 13.2 | 26.1 | 179.1% |
| Spain | N/A | N/A | 2.5 | 15.6 | 524.0% |
| Others | 1.5 | 11.7 | 36.9 | 7.5 | 71.0% |
| Total | 507 | 346 | 195 | 191 | -27.8% |
Top Suppliers of Preserved Sweet Corn to South Africa in 2022:
- Thailand (91.0 tons)
- China (26.0 tons)
- Cyprus (6.7 tons)
- Spain (2.7 tons)
This report provides an in-depth analysis of the preserved sweet corn 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 448 - Sweet Corn, Prepared or Preserved
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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In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year.
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In February 2023, the price of potato chips was $3,681 per ton (FOB, South Africa), a 3.8% increase from the previous month
1574
In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year.
1151
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