Price for Vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumption in South Africa - 2024

Contents:

  1. Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in South Africa (FOB) - 2022
  2. Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in South Africa (CIF) - 2022
  3. Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in South Africa
  4. Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in South Africa

Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in South Africa (FOB) - 2022

The average export price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia stood at $3,052 per ton in 2022, rising by 2.4% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The growth pace was the most rapid in 2021 an increase of 24% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zimbabwe ($14,300 per ton), while the average price for exports to Zambia ($1,708 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 Mozambique (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in South Africa (CIF) - 2022

In 2022, the average import price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia amounted to $1,825 per ton, waning by -13.1% against the previous year. Overall, the import price continues to indicate a abrupt descent. The pace of growth appeared the most rapid in 2017 when the average import price increased by 26% against the previous year. The import price peaked at $3,925 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 Spain ($2,026 per ton), while the price for Turkey ($655 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in South Africa

In 2022, approx. 26 tons of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia were exported from South Africa; waning by -27% on 2021. In general, exports recorded a abrupt curtailment. The smallest decline of -0.9% was in 2020.

In value terms, exports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia fell dramatically to $81K in 2022. Overall, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 3.4%.

Export of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Swaziland29.020.425.527.9-1.3%
Botswana29.528.826.022.9-8.1%
Lesotho16.421.919.816.80.8%
Namibia27.211.38.17.5-34.9%
Mozambique2.15.25.04.831.7%
Zambia0.512.70.7N/A18.3%
United Arab EmiratesN/AN/A11.4N/A0%
Others12.64.211.50.8-60.1%
Total11710510880.8-11.6%

Top Export Markets for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption from South Africa in 2022:

  1. Swaziland (8.1 tons)
  2. Botswana (7.7 tons)
  3. Lesotho (7.1 tons)
  4. Namibia (2.9 tons)
  5. Mozambique (0.6 tons)

Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in South Africa

In 2022, approx. 12 tons of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia were imported into South Africa; declining by -79.3% compared with the previous year. In general, imports recorded a precipitous decline. The growth pace was the most rapid in 2021 when imports increased by 1.5% against the previous year.

In value terms, imports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia fell dramatically to $22K in 2022. Over the period under review, imports recorded a sharp curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 2.4% against the previous year.

Import of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/A73.246.519.6-48.3%
Lebanon0.22.21.61.8108.0%
TurkeyN/AN/A4.50.9-80.0%
Greece73.444.159.7N/A-9.8%
Morocco43.1N/A9.0N/A-54.3%
United Kingdom17.1N/AN/AN/A0%
Others1.81.62.8N/A24.7%
Total13612112422.3-45.3%

Top Suppliers of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption to South Africa in 2022:

  1. Spain (9.7 tons)
  2. Turkey (1.4 tons)
  3. Lebanon (1.2 tons)

Source: IndexBox Market Intelligence Platform

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