SADC: Prepared Mustard Market 2024

Prepared Mustard Market Size in SADC

The SADC prepared mustard market shrank to $X in 2022, which is down by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Prepared Mustard Production in SADC

In value terms, prepared mustard production dropped modestly to $X in 2022 estimated in export price. The total production indicated a tangible increase from 2012 to 2022: its value 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, production increased by X% against 2020 indices. The pace of growth was the most pronounced in 2015 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Prepared Mustard Exports

Exports in SADC

In 2022, overseas shipments of prepared mustard decreased by X% to X tons, falling for the fourth consecutive year after two years of growth. Overall, exports recorded a mild slump. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, prepared mustard exports dropped to $X in 2022. Over the period under review, exports continue to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2018 when exports increased by 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 somewhat lower figure.

Exports by Country

The shipments of the one major exporters of prepared mustard, namely South Africa, represented more than two-thirds of total export.

South Africa was also the fastest-growing in terms of the prepared mustard exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest prepared mustard supplier in SADC.

In South Africa, prepared mustard exports contracted 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, approximately reflecting the previous year. In general, the export price, however, saw a perceptible decline. The pace of growth was the most pronounced in 2021 an increase of 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.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to X% per year.

Prepared Mustard Imports

Imports in SADC

In 2022, supplies from abroad of prepared mustard increased by X% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X%. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, prepared mustard imports skyrocketed to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

South Africa represented the largest importing country with an import of around X tons, which recorded X% of total imports. It was distantly followed by Democratic Republic of the Congo (X tons), Angola (X tons), Namibia (X tons), Lesotho (X tons) and Tanzania (X tons), together committing a X% share of total imports. Swaziland (X tons) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to prepared mustard imports into South Africa stood at X%. At the same time, Democratic Republic of the Congo (X%), Namibia (X%), Swaziland (X%) and Tanzania (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 2012-2022. Angola experienced a relatively flat trend pattern. By contrast, Lesotho (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Democratic Republic of the Congo, Namibia and South Africa increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual growth rate of value in South Africa stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Namibia (X% per year) and Angola (X% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the import price, however, continues to indicate a pronounced shrinkage. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was South Africa ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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