Price for Food Preparations; Sweet Biscuits, Waffles and Wafers, Whether or Not Containing Cocoa in South Africa - 2022
Contents:
- Price for Food Preparations; Sweet Biscuits, Waffles and Wafers, Whether or Not Containing Cocoa in South Africa (FOB) - 2022
- Exports of Food Preparations; Sweet Biscuits, Waffles and Wafers, Whether or Not Containing Cocoa in South Africa
Price for Food Preparations; Sweet Biscuits, Waffles and Wafers, Whether or Not Containing Cocoa in South Africa (FOB) - 2022
The average export price for food preparations; sweet biscuits, waffles and wafers, whether or not containing cocoa stood at $4,492 per ton in 2022, increasing by 5.8% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2020 an increase of 5.8% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Lesotho.
From 2012 to 2022, the rate of growth in terms of prices for Lesotho amounted to +3.1% per year.
Exports of Food Preparations; Sweet Biscuits, Waffles and Wafers, Whether or Not Containing Cocoa in South Africa
For the third consecutive year, South Africa recorded decline in overseas shipments of food preparations; sweet biscuits, waffles and wafers, whether or not containing cocoa, which decreased by -14% to 362 tons in 2022. Over the period under review, exports showed a deep contraction.
In value terms, exports of food preparations; sweet biscuits, waffles and wafers, whether or not containing cocoa declined to $1.6M in 2022. Overall, exports recorded a abrupt descent. The smallest decline of -9% was in 2020.
| Export of Food Preparations; Sweet Biscuits, Waffles and Wafers, Whether or Not Containing Cocoa in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lesotho | 2.2 | 2.0 | 1.8 | 1.6 | -10.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.2 | 2.0 | 1.8 | 1.6 | -10.1% |
Top Export Markets for Food Preparations; Sweet Biscuits, Waffles and Wafers, Whether or Not Containing Cocoa from South Africa in 2022:
- Lesotho (361.5 tons)
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