Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in South Africa - 2023

Contents:

  1. Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in South Africa (CIF) - 2023
  2. Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in South Africa (FOB) - 2023
  3. Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in South Africa
  4. Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in South Africa

Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in South Africa (CIF) - 2023

The average import price for vegetables (uncooked or cooked by steaming or boiling in water); frozen stood at $928 per ton in December 2023, which is down by -19.4% against the previous month. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in November 2023 when the average import price increased by 19% month-to-month. As a result, import price attained the peak level of $1,152 per ton, and then dropped rapidly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($1,283 per ton), while the price for India ($456 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by New Zealand (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in South Africa (FOB) - 2023

In December 2023, the average export price for vegetables (uncooked or cooked by steaming or boiling in water); frozen amounted to $1,626 per ton, reducing by -4% against the previous month. In general, the export price, however, showed modest growth. The most prominent rate of growth was recorded in October 2023 when the average export price increased by 20% month-to-month. Over the period under review, the average export prices reached the peak figure at $1,693 per ton in November 2023, and then reduced in the following month.

There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was Zambia ($2,733 per ton), while the average price for exports to Swaziland ($1,308 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lesotho (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in South Africa

In 2022, imports of vegetables (uncooked or cooked by steaming or boiling in water); frozen into South Africa fell notably to 13K tons, dropping by -17.2% compared with 2021 figures. Over the period under review, imports faced a abrupt shrinkage. The smallest decline of -15.8% was in 2021.

In value terms, imports of vegetables (uncooked or cooked by steaming or boiling in water); frozen declined to $13M in 2022. Overall, imports showed a abrupt setback.

Import of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium10.99.88.87.7-10.9%
New Zealand2.31.61.21.8-7.8%
China2.92.81.91.1-27.6%
Spain4.11.51.71.0-37.5%
Netherlands0.50.70.60.711.9%
India0.30.90.40.30.0%
Others0.60.40.40.75.3%
Total21.617.715.013.3-14.9%

Top Suppliers of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen to South Africa in 2022:

  1. Belgium (8.4K tons)
  2. China (1.2K tons)
  3. New Zealand (1.1K tons)
  4. Spain (1.1K tons)
  5. Netherlands (0.7K tons)
  6. India (0.3K tons)

Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in South Africa

For the third consecutive year, South Africa recorded decline in overseas shipments of vegetables (uncooked or cooked by steaming or boiling in water); frozen, which decreased by -20.4% to 7.7K tons in 2022. Overall, exports continue to indicate a sharp shrinkage. The smallest decline of -17.9% was in 2020.

In value terms, exports of vegetables (uncooked or cooked by steaming or boiling in water); frozen shrank markedly to $11M in 2022. Over the period under review, exports showed a abrupt shrinkage. The smallest decline of -15.6% was in 2021.

Export of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Botswana8.16.96.35.2-13.7%
Namibia5.82.92.32.0-29.9%
Lesotho1.21.11.31.20.0%
Swaziland1.30.91.00.6-22.7%
Mozambique0.50.50.80.66.3%
Malawi0.20.20.20.314.5%
ZimbabweN/A0.20.20.322.5%
Zambia1.20.50.20.2-45.0%
Others1.52.00.40.4-35.6%
Total19.815.112.810.7-18.5%

Top Export Markets for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen from South Africa in 2022:

  1. Botswana (3627.6 tons)
  2. Namibia (1506.5 tons)
  3. Lesotho (902.1 tons)
  4. Swaziland (412.1 tons)
  5. Mozambique (387.2 tons)
  6. Zimbabwe (252.9 tons)
  7. Malawi (240.1 tons)
  8. Zambia (113.6 tons)

Source: IndexBox Market Intelligence Platform

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