Price for Grapes; Fresh or Dried in South Africa - 2023
Contents:
- Price for Grapes; Fresh or Dried in South Africa (FOB) - 2023
- Price for Grapes; Fresh or Dried in South Africa (CIF) - 2022
- Exports of Grapes; Fresh or Dried in South Africa
- Imports of Grapes; Fresh or Dried in South Africa
Price for Grapes; Fresh or Dried in South Africa (FOB) - 2023
In September 2023, the average grapes; fresh or dried export price amounted to $1,854 per ton, waning by -2.5% 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 May 2023 when the average export price increased by 12% m-o-m. The export price peaked at $2,084 per ton in December 2022; however, from January 2023 to September 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was France ($2,705 per ton), while the average price for exports to Egypt ($1,273 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Grapes; Fresh or Dried in South Africa (CIF) - 2022
In 2022, the average grapes; fresh or dried import price amounted to $1,430 per ton, waning by -12% against the previous year. In general, the import price saw a pronounced shrinkage. The pace of growth was the most pronounced in 2018 an increase of 13%. The import price peaked at $2,018 per ton in 2013; however, from 2014 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 Spain ($2,287 per ton), while the price for Namibia ($518 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+0.5%), while the prices for the other major suppliers experienced a decline.
Exports of Grapes; Fresh or Dried in South Africa
Grapes; fresh or dried exports from South Africa expanded remarkably to 472K tons in 2022, increasing by 9.1% on the year before. The total export volume increased at an average annual rate of +8.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 11%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, grapes; fresh or dried exports expanded notably to $872M in 2022. The total export value increased at an average annual rate of +10.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 28%. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Grapes; Fresh or Dried in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 195 | 228 | 345 | 374 | 24.2% |
United Kingdom | 131 | 135 | 170 | 166 | 8.2% |
Canada | 43.2 | 46.7 | 46.2 | 54.1 | 7.8% |
Germany | 61.8 | 47.2 | 46.1 | 43.8 | -10.8% |
United States | 9.3 | 13.0 | 21.7 | 34.4 | 54.7% |
Israel | 10.2 | 8.7 | 10.2 | 16.0 | 16.2% |
Malaysia | 12.9 | 10.2 | 20.2 | 16.0 | 7.4% |
United Arab Emirates | 13.1 | 14.8 | 12.8 | 14.5 | 3.4% |
Hong Kong SAR | 22.7 | 15.0 | 15.2 | 12.0 | -19.1% |
Others | 140 | 129 | 142 | 140 | 0.0% |
Total | 639 | 647 | 830 | 872 | 10.9% |
Top Export Markets for Grapes; Fresh or Dried from South Africa in 2022:
- Netherlands (210.1K tons)
- United Kingdom (86.3K tons)
- Canada (25.9K tons)
- Germany (24.9K tons)
- United States (17.3K tons)
- Israel (8.2K tons)
- United Arab Emirates (8.0K tons)
- Malaysia (7.5K tons)
- Hong Kong SAR (5.6K tons)
Imports of Grapes; Fresh or Dried in South Africa
In 2022, grapes; fresh or dried imports into South Africa amounted to 12K tons, surging by 3.8% against the previous year. The total import volume increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 18%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, grapes; fresh or dried imports declined to $17M in 2022. Over the period under review, imports, however, showed a mild slump. The growth pace was the most rapid in 2021 with an increase of 18%. As a result, imports attained the peak of $19M, and then contracted in the following year.
Import of Grapes; Fresh or Dried in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 7.9 | 7.4 | 10.0 | 7.1 | -3.5% |
Egypt | 5.7 | 5.6 | 5.4 | 6.8 | 6.1% |
Namibia | 3.0 | 1.8 | 2.3 | 2.5 | -5.9% |
Turkey | 1.1 | 1.1 | 0.9 | 0.8 | -10.1% |
Others | 0.4 | 0.2 | 0.3 | N/A | -13.4% |
Total | 18.1 | 16.0 | 18.9 | 17.3 | -1.5% |
Top Suppliers of Grapes; Fresh or Dried to South Africa in 2022:
- Namibia (4.8K tons)
- Egypt (3.8K tons)
- Spain (3.1K tons)
- Turkey (0.4K tons)
This report provides an in-depth analysis of the dried grapes market in South Africa.
This report provides an in-depth analysis of the grape market in South Africa.
This report provides an in-depth analysis of the global dried grapes market.
This report provides an in-depth analysis of the global grape market.
This report provides an in-depth analysis of the dried grapes market in South Africa.
This report provides an in-depth analysis of the grape market in South Africa.
This report provides an in-depth analysis of the global dried grapes market.
This report provides an in-depth analysis of the global grape market.
In April 2023, the dried grapes price stood at $2,111 per ton (FOB, South Africa), declining by -1.8% against the previous month.
In May 2023, the grape price stood at $1,331 per ton (FOB, South Africa), falling by -21.2% against the previous month.
Last year, global dried grapes exports declined by -8.9% y-o-y to 766K tons or $1.6B in value terms. South Africa intensively increased its supplies to other counties by +37%, while Turkey, the largest exporter of dried grapes, saw a drop of -3.2% y-o-y in the volume of exports. Germany, the UK and Canada remain the largest importers of dried grapes from South Africa.
The UK (99K tons), Germany (77K tons) and the Netherlands (55K tons) represented roughly 31% of total imports of dried grapes.
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