SADC: Preserved Olive Market 2024

Preserved Olive Market Size in SADC

The SADC preserved olive market rose markedly to $X in 2022, with an increase of X% against the previous year. Overall, consumption enjoyed a buoyant increase. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Preserved Olive Production in SADC

In value terms, preserved olive production stood at $X in 2022 estimated in export price. Overall, production showed moderate growth. The pace of growth was the most pronounced in 2016 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Preserved Olive Exports

Exports in SADC

In 2022, exports of olives prepared or preserved in SADC fell modestly to X tons, reducing by X% on the previous year. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, preserved olive exports reduced markedly to $X in 2022. In general, exports saw a perceptible decline. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

South Africa dominates exports structure, finishing at X tons, which was near X% of total exports in 2022. Zimbabwe (X tons) took a minor share of total exports.

South Africa experienced a relatively flat trend pattern with regard to volume of exports of olives prepared or preserved. At the same time, Zimbabwe (X%) displayed positive paces of growth. Moreover, Zimbabwe emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Zimbabwe increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In South Africa, preserved olive exports plunged by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the export price saw a pronounced decrease. The most prominent rate of growth was recorded in 2018 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Preserved Olive Imports

Imports in SADC

In 2022, the amount of olives prepared or preserved imported in SADC soared to X tons, with an increase of X% compared with 2021. Overall, imports, however, showed a drastic downturn. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, preserved olive imports soared to $X in 2022. In general, imports, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

South Africa (X tons) and Angola (X tons) were the key importers of olives prepared or preserved in 2022, recording approx. X% and X% of total imports, respectively. Mauritius (X tons) ranks next in terms of the total imports with a X% share, followed by Mozambique (X%). Namibia (X tons), Madagascar (X tons) and Botswana (X tons) held a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Botswana (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest preserved olive importing markets in SADC were South Africa ($X), Angola ($X) and Mauritius ($X), with a combined X% share of total imports. Mozambique, Madagascar, Namibia and Botswana lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Madagascar, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the import price in SADC amounted to $X per ton, rising by X% against the previous year. Import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, preserved olive import price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. The level of import peaked at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mauritius ($X per ton), while Angola ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mozambique (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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