SADC: Lentil Market 2024

Lentil Market Size in SADC

The SADC lentil market expanded markedly to $X in 2023, increasing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2023, consumption stood at a somewhat lower figure.

Lentil Production in SADC

In value terms, lentil production totaled $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2023, production growth remained at a lower figure.

Tanzania (X tons) remains the largest lentil producing country in SADC, comprising approx. X% of total volume. Moreover, lentil production in Tanzania exceeded the figures recorded by the second-largest producer, Malawi (X tons), sevenfold. The third position in this ranking was held by Madagascar (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume in Tanzania totaled X%. The remaining producing countries recorded the following average annual rates of production growth: Malawi (X% per year) and Madagascar (X% per year).

The average lentil yield surged to X tons per ha in 2023, with an increase of X% against 2022. The yield figure increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the yield reached the peak level and is likely to continue growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, approx. X ha of lentils were harvested in SADC; increasing by X% on the previous year's figure. The harvested area increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to lentil production reached the peak figure at X ha in 2021; however, from 2022 to 2023, the harvested area failed to regain momentum.

Lentil Exports

Exports in SADC

In 2023, approx. X tons of lentils were exported in SADC; jumping by X% against the year before. Overall, exports posted prominent growth. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

In value terms, lentil exports surged to $X in 2023. Over the period under review, exports enjoyed strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Tanzania represented the key exporter of lentils in SADC, with the volume of exports finishing at X tons, which was approx. X% of total exports in 2023. Malawi (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by South Africa (X%). Mauritius (X tons) followed a long way behind the leaders.

Tanzania was also the fastest-growing in terms of the lentils exports, with a CAGR of X% from 2012 to 2023. South Africa (X%), Mauritius (X%) and Malawi (X%) illustrated a downward trend over the same period. While the share of Tanzania (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Mauritius (X p.p.), South Africa (X p.p.) and Malawi (X p.p.) displayed negative dynamics.

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

From 2012 to 2023, the average annual rate of growth in terms of value in Tanzania totaled X%. In the other countries, the average annual rates were as follows: Malawi (X% per year) and South Africa (X% per year).

Export Prices by Country

The export price in SADC stood at $X per ton in 2023, jumping by X% against the previous year. Export price indicated a prominent increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Malawi ($X per ton) was amongst the lowest.

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

Lentil Imports

Imports in SADC

In 2023, after two years of decline, there was growth in supplies from abroad of lentils, when their volume increased by X% to X tons. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2020; however, from 2021 to 2023, imports stood at a somewhat lower figure.

In value terms, lentil imports fell slightly to $X in 2023. Total imports indicated temperate growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, South Africa (X tons) was the major importer of lentils, mixing up X% of total imports. Mauritius (X tons) took the second position in the ranking, distantly followed by Seychelles (X tons). All these countries together held near X% share of total imports. Democratic Republic of the Congo (X tons) followed a long way behind the leaders.

South Africa experienced a relatively flat trend pattern with regard to volume of imports of lentils. At the same time, Democratic Republic of the Congo (X%) and Seychelles (X%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2023. By contrast, Mauritius (X%) illustrated a downward trend over the same period. While the share of Democratic Republic of the Congo (X p.p.), Seychelles (X p.p.) and South Africa (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Mauritius (X p.p.) displayed negative dynamics.

In value terms, South Africa ($X) constitutes the largest market for imported lentils in SADC, comprising X% of total imports. The second position in the ranking was taken by Mauritius ($X), with a X% share of total imports. It was followed by Seychelles, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in South Africa totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Mauritius (X% per year) and Seychelles (X% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2023, falling by X% against the previous year. Import price indicated a measured expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, lentil import price increased by X% against 2019 indices. The growth pace was the most rapid in 2021 when the import price increased by X%. Over the period under review, import prices reached the maximum at $X per ton in 2022, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Democratic Republic of the Congo ($X per ton), while South Africa ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform