South Africa - Mixed Condiments, Sauses and Seasonings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Mixed Condiment, Sause and Seasoning in South Africa - 2023
Contents:
- Price for Mixed Condiment, Sause and Seasoning in South Africa (FOB) - 2022
- Price for Mixed Condiment, Sause and Seasoning in South Africa (CIF) - 2023
- Exports of Mixed Condiment, Sause and Seasoning in South Africa
- Imports of Mixed Condiment, Sause and Seasoning in South Africa
Price for Mixed Condiment, Sause and Seasoning in South Africa (FOB) - 2022
The average export price for mixed condiments, sauses and seasonings stood at $2,238 per ton in 2022, picking up by 2.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 12%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($9,139 per ton), while the average price for exports to Australia ($1,439 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 Namibia (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Mixed Condiment, Sause and Seasoning in South Africa (CIF) - 2023
The average import price for mixed condiments, sauses and seasonings stood at $2,854 per ton in July 2023, dropping by -4% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 45% m-o-m. As a result, import price reached the peak level of $3,729 per ton. From April 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 the United States ($8,575 per ton), while the price for the United Arab Emirates ($918 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 Indonesia (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Mixed Condiment, Sause and Seasoning in South Africa
In 2022, shipments abroad of mixed condiments, sauses and seasonings decreased by -1.8% to 66K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +5.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 17%. As a result, the exports attained the peak of 67K tons, and then contracted modestly in the following year.
In value terms, mixed condiment, sause and seasoning exports totaled $147M in 2022. The total export value increased at an average annual rate of +11.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 32% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Mixed Condiment, Sause and Seasoning in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Zimbabwe | 9.5 | 12.7 | 21.7 | 23.9 | 36.0% |
Botswana | 15.5 | 15.6 | 19.7 | 22.6 | 13.4% |
Namibia | 10.4 | 9.4 | 12.4 | 13.7 | 9.6% |
Mozambique | 9.8 | 8.6 | 12.6 | 13.1 | 10.2% |
Zambia | 8.8 | 6.4 | 8.7 | 11.6 | 9.6% |
United States | 6.4 | 8.4 | 10.4 | 9.4 | 13.7% |
Australia | 5.0 | 5.7 | 5.4 | 5.7 | 4.5% |
Swaziland | 4.1 | 3.5 | 4.4 | 5.0 | 6.8% |
Lesotho | 2.0 | 1.8 | 3.1 | 4.4 | 30.1% |
United Arab Emirates | 4.5 | 4.9 | 4.5 | 4.2 | -2.3% |
Democratic Republic of the Congo | 3.2 | 2.5 | 3.6 | 3.8 | 5.9% |
United Kingdom | 2.4 | 3.7 | 4.6 | 3.1 | 8.9% |
Others | 25.7 | 27.7 | 34.9 | 26.7 | 1.3% |
Total | 107 | 111 | 146 | 147 | 11.2% |
Top Export Markets for Mixed Condiment, Sause and Seasoning from South Africa in 2022:
- Botswana (11.4K tons)
- Zimbabwe (11.1K tons)
- Mozambique (8.9K tons)
- Namibia (6.7K tons)
- Zambia (5.5K tons)
- Australia (3.9K tons)
- Swaziland (2.7K tons)
- Democratic Republic of the Congo (2.3K tons)
- Lesotho (1.7K tons)
- United Arab Emirates (1.2K tons)
- United States (1.0K tons)
- United Kingdom (0.9K tons)
Imports of Mixed Condiment, Sause and Seasoning in South Africa
Mixed condiment, sause and seasoning imports into South Africa rose significantly to 11K tons in 2022, increasing by 13% on the previous year. The total import volume increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, mixed condiment, sause and seasoning imports soared to $30M in 2022. The total import value increased at an average annual rate of +5.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Mixed Condiment, Sause and Seasoning in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 5.3 | 3.8 | 6.9 | 8.7 | 18.0% |
United Kingdom | 4.8 | 4.3 | 4.0 | 5.3 | 3.4% |
Italy | 2.2 | 2.5 | 2.4 | 2.5 | 4.4% |
Thailand | 3.9 | 3.5 | 2.4 | 2.1 | -18.6% |
Netherlands | 0.7 | 0.9 | 1.3 | 1.6 | 31.7% |
Malaysia | 1.7 | 1.5 | 1.9 | 1.6 | -2.0% |
Germany | 0.8 | 0.8 | 1.1 | 1.4 | 20.5% |
Egypt | 0.7 | 0.6 | 0.6 | 0.9 | 8.7% |
Japan | 0.7 | 0.7 | 0.9 | 0.9 | 8.7% |
China | 1.5 | 1.6 | 1.1 | 0.8 | -18.9% |
Oman | 1.1 | 1.1 | 0.7 | 0.6 | -18.3% |
Poland | 0.2 | 0.2 | 0.3 | 0.5 | 35.7% |
United Arab Emirates | 0.1 | 0.1 | 0.3 | 0.4 | 58.7% |
Others | 2.3 | 1.7 | 2.4 | 2.9 | 8.0% |
Total | 26.0 | 23.3 | 26.2 | 30.3 | 5.2% |
Top Suppliers of Mixed Condiment, Sause and Seasoning to South Africa in 2022:
- United Kingdom (2283.0 tons)
- United States (1579.8 tons)
- China (1066.1 tons)
- Italy (994.5 tons)
- Thailand (865.7 tons)
- Netherlands (555.3 tons)
- Japan (504.0 tons)
- Malaysia (459.4 tons)
- Egypt (382.2 tons)
- Oman (313.5 tons)
- Poland (266.9 tons)
- Germany (254.8 tons)
- United Arab Emirates (192.2 tons)
This report provides an in-depth analysis of the market for mixed condiment, sause and seasoning 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 10841270 - Sauces and preparations therefor, mixed condiments and mixed seasonings (excluding soya sauce, tomato ketchup, o ther tomato sauces, mustard flour or meal and prepared mustard)
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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In December 2022, the price of prepared mustard was $1,590 per ton (FOB, South Africa), dropping a significant -42.1% from the previous month.
Explore the top import markets for mixed condiments, sauces, and seasonings, including the United States, United Kingdom, Canada, France, Germany, Netherlands, Hong Kong SAR, Australia, Russia, and Mexico. Get key statistics and insights on these markets. Leverage the IndexBox market intelligence platform for accurate and up-to-date market information.