Africa: Vinegar Market 2024

Vinegar Market Size in Africa

The African vinegar market contracted slightly to $X in 2023, reducing by X% against the previous year. Over the period under review, consumption, however, enjoyed prominent growth. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2023, consumption failed to regain momentum.

Vinegar Production in Africa

In value terms, vinegar production contracted to $X in 2023 estimated in export price. Overall, production, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2023, production stood at a somewhat lower figure.

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Vinegar Exports

Exports in Africa

In 2023, shipments abroad of vinegar decreased by X% to X tons, falling for the third year in a row after five years of growth. In general, exports showed a noticeable slump. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, vinegar exports reached $X in 2023. Overall, exports saw a noticeable decline. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

South Africa represented the main exporting country with an export of around X tons, which recorded X% of total exports. It was distantly followed by Senegal (X tons) and Morocco (X tons), together comprising a X% share of total exports. The following exporters - Egypt (X tons), Tanzania (X tons) and Algeria (X tons) - each reached a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to vinegar exports from South Africa stood at X%. At the same time, Tanzania (X%), Senegal (X%), Egypt (X%), Algeria (X%) and Morocco (X%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2023. While the share of Senegal (X p.p.), Morocco (X p.p.), Egypt (X p.p.) and Tanzania (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of South Africa (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest vinegar supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Morocco ($X), with a X% share of total exports. It was followed by Senegal, with a X% share.

In South Africa, vinegar exports declined by an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Morocco (X% per year) and Senegal (X% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2023, picking up by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while Senegal ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Tanzania (X%), while the other leaders experienced more modest paces of growth.

Vinegar Imports

Imports in Africa

In 2023, vinegar imports in Africa surged to X tons, picking up by X% against the year before. In general, imports, however, continue to indicate a relatively flat trend pattern. The volume of import peaked at X tons in 2013; however, from 2014 to 2023, imports remained at a lower figure.

In value terms, vinegar imports soared to $X in 2023. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. The level of import peaked at $X in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Morocco (X tons) and Senegal (X tons) represented the major importers of vinegar in 2023, amounting to near X% and X% of total imports, respectively. South Africa (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Angola (X%) and Guinea-Bissau (X%). Botswana (X tons), Namibia (X tons), Mozambique (X tons), Gambia (X tons), Nigeria (X tons), Algeria (X tons), Cabo Verde (X tons) and Kenya (X tons) took a minor share of total imports.

From 2012 to 2023, the biggest increases were recorded for Kenya (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest vinegar importing markets in Africa were Morocco ($X), South Africa ($X) and Senegal ($X), with a combined X% share of total imports. Botswana, Angola, Namibia, Mozambique, Kenya, Guinea-Bissau, Nigeria, Algeria, Gambia and Cabo Verde lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Gambia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Africa stood at $X per ton in 2023, waning by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2022, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Africa ($X per ton), while Guinea-Bissau ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Gambia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform