South Africa - Tomato Ketchup And Tomato Sauces - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTomato Ketchup Price in South Africa - 2023
Contents:
- Tomato Ketchup Price in South Africa (FOB) - 2023
- Tomato Ketchup Price in South Africa (CIF) - 2023
- Tomato Ketchup Exports in South Africa
- Tomato Ketchup Imports in South Africa
Tomato Ketchup Price in South Africa (FOB) - 2023
In July 2023, the average tomato ketchup export price amounted to $1,620 per ton, approximately mirroring the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 7.8% against the previous month. The export price peaked at $1,704 per ton in January 2023; however, from February 2023 to July 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Zimbabwe ($2,065 per ton), while the average price for exports to Mozambique ($1,011 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Tomato Ketchup Price in South Africa (CIF) - 2023
In July 2023, the average tomato ketchup import price amounted to $1,633 per ton, increasing by 8% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in November 2022 an increase of 20% against the previous month. As a result, import price attained the peak level of $1,651 per ton. From December 2022 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 ($2,693 per ton), while the price for China ($1,151 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 China (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Tomato Ketchup Exports in South Africa
In 2022, after three years of growth, there was significant decline in overseas shipments of tomato ketchup and tomato sauces, when their volume decreased by -17.3% to 16K tons. Over the period under review, exports recorded a perceptible decrease. The most prominent rate of growth was recorded in 2021 with an increase of 3.8%. As a result, the exports reached the peak of 19K tons, and then declined sharply in the following year.
In value terms, tomato ketchup exports reduced to $25M in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 20% against the previous year. As a result, the exports reached the peak of $27M, and then fell in the following year.
| Export of Tomato Ketchup in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Botswana | 10.0 | 9.0 | 10.6 | 11.1 | 3.5% |
| Namibia | 6.7 | 6.1 | 7.2 | 6.7 | 0.0% |
| Lesotho | 3.4 | 2.9 | 3.3 | 2.6 | -8.6% |
| Mozambique | 1.2 | 1.1 | 1.8 | 1.4 | 5.3% |
| Zambia | 0.7 | 0.5 | 0.6 | 0.7 | 0.0% |
| Swaziland | 0.6 | 0.6 | 0.7 | 0.7 | 5.3% |
| Zimbabwe | 0.4 | 0.5 | 0.5 | 0.6 | 14.5% |
| Malawi | 0.5 | 0.5 | 0.5 | 0.5 | 0.0% |
| Others | 1.3 | 1.5 | 1.9 | 0.9 | -11.5% |
| Total | 24.9 | 22.6 | 27.1 | 25.2 | 0.4% |
Top Export Markets for Tomato Ketchup from South Africa in 2022:
- Botswana (6.5K tons)
- Namibia (4.5K tons)
- Mozambique (1.4K tons)
- Lesotho (1.3K tons)
- Zambia (0.5K tons)
- Swaziland (0.5K tons)
- Zimbabwe (0.4K tons)
- Malawi (0.3K tons)
Tomato Ketchup Imports in South Africa
In 2022, the amount of tomato ketchup and tomato sauces imported into South Africa totaled 5.9K tons, approximately equating 2021 figures. The total import volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 29% against the previous year. As a result, imports attained the peak of 6.9K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, tomato ketchup imports expanded markedly to $8.3M in 2022. The total import value increased at an average annual rate of +6.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tomato Ketchup in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 2.2 | 1.7 | 2.3 | 2.3 | 1.5% |
| Egypt | 0.4 | 1.3 | 1.5 | 2.0 | 71.0% |
| Italy | 0.6 | 0.7 | 1.2 | 1.9 | 46.8% |
| Netherlands | N/A | N/A | 0.1 | 0.6 | 500.0% |
| United States | 0.2 | 0.4 | 0.5 | 0.6 | 44.2% |
| China | 2.0 | 1.5 | 0.5 | 0.6 | -33.1% |
| Swaziland | 1.0 | 1.1 | 0.7 | N/A | -16.3% |
| Others | 0.4 | 0.5 | 0.6 | 0.3 | -9.1% |
| Total | 6.9 | 7.1 | 7.5 | 8.3 | 6.4% |
Top Suppliers of Tomato Ketchup to South Africa in 2022:
- Oman (1829.7 tons)
- Italy (1491.7 tons)
- Egypt (1307.7 tons)
- China (609.7 tons)
- Netherlands (315.6 tons)
- United States (199.5 tons)
- Swaziland (8.3 tons)
This report provides an in-depth analysis of the tomato ketchup market 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 10841230 - Tomato ketchup and other tomato sauces
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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