Report South Africa - Almonds - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Mar 10, 2022

South Africa - Almonds - Market Analysis, Forecast, Size, Trends and Insights
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South Africa: Almond Market 2022

Almond Market Size in South Africa

The South African almond market fell to $X in 2020, dropping by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, recorded a strong expansion. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2020, consumption failed to regain the momentum.

Almond Exports

Exports from South Africa

In 2020, the amount of almonds exported from South Africa contracted notably to X tonnes, with a decrease of -X% on the year before. Over the period under review, exports, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. Exports peaked at X tonnes in 2015; however, from 2016 to 2020, exports stood at a somewhat lower figure.

In value terms, almond exports declined remarkably to $X in 2020. In general, exports, however, showed prominent growth. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Over the period under review, exports attained the maximum at $X in 2019, and then fell notably in the following year.

Exports by Country

Swaziland (X tonnes) was the main destination for almond exports from South Africa, with a X% share of total exports. Moreover, almond exports to Swaziland exceeded the volume sent to the second major destination, Namibia (X tonnes), twofold. Botswana (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Swaziland stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (-X% per year) and Botswana (-X% per year).

In value terms, Namibia ($X), Botswana ($X) and Swaziland ($X) constituted the largest markets for almond exported from South Africa worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Swaziland recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average almond export price amounted to $X per tonne, waning by -X% against the previous year. In general, the export price, however, continues to indicate tangible growth. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. As a result, export price attained the peak level of $X per tonne, and then reduced in the following year.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Botswana ($X per tonne), while the average price for exports to Swaziland ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Botswana, while the prices for the other major destinations experienced more modest paces of growth.

Almond Imports

Imports into South Africa

In 2020, approx. X tonnes of almonds were imported into South Africa; with an increase of X% against the previous year. Over the period under review, imports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2012 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2015; however, from 2016 to 2020, imports stood at a somewhat lower figure.

In value terms, almond imports reached $X in 2020. Overall, imports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, the U.S. (X tonnes) was the main supplier of almond to South Africa, accounting for a X% share of total imports. Moreover, almond imports from the U.S. exceeded the figures recorded by the second-largest supplier, Spain (X tonnes), sevenfold.

From 2007 to 2020, the average annual growth rate of volume from the U.S. totaled +X%.

In value terms, the U.S. ($X) constituted the largest supplier of almond to South Africa, comprising X% of total imports. The second position in the ranking was occupied by Spain ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from the U.S. totaled +X%.

Import Prices by Country

The average almond import price stood at $X per tonne in 2020, rising by X% against the previous year. Overall, the import price posted tangible growth. The pace of growth appeared the most rapid in 2013 an increase of X% y-o-y. The import price peaked at $X per tonne in 2015; however, from 2016 to 2020, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2020, the country with the highest price was Spain ($X per tonne), while the price for the U.S. stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S..

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes

Frequently Asked Questions (FAQ) :

What are the largest markets for almonds in the world?
+
United States constituted the country with the largest volume of almond consumption, accounting for 53% of total volume. Moreover, almond consumption in United States exceeded the figures recorded by the second-largest consumer, Spain, fivefold. The third position in this ranking was occupied by India, with a 5% share.
What are the largest producers of almonds in the world?
+
The country with the largest volume of almond production was United States, comprising approx. 57% of total volume. Moreover, almond production in United States exceeded the figures recorded by the second-largest producer, Spain, sixfold. Australia ranked third in terms of total production with a 5.3% share.
What are the leading suppliers of almonds to South Africa?
+
In value terms, United States constituted the largest supplier of almond to South Africa, comprising 244% of total imports. The second position in the ranking was occupied by Spain, with a 47% share of total imports.
What are the leading importers of almonds from South Africa?
+
In value terms, Namibia, Botswana and Swaziland appeared to be the largest markets for almond exported from South Africa worldwide, with a combined 81% share of total exports.
What is the average export price for almonds in South Africa?
+
The average almond export price stood at $3,602 per tonne in 2020, falling by -13.5% against the previous year.
What is the average import price for almonds in South Africa?
+
In 2020, the average almond import price amounted to $5,992 per tonne, surging by 2.4% against the previous year.

This report provides an in-depth analysis of the almond 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 2025.


Product coverage:
• FCL 221 - Almonds
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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2007–2021
Table 3:
Market Value, 2007–2021
Table 4:
Per Capita Consumption In 2007–2021
Table 5:
Imports, In Physical Terms, By Country, 2007–2021
Table 6:
Imports, In Value Terms, By Country, 2007–2021
Table 7:
Import Prices, By Country Of Origin, 2007–2021
Table 8:
Exports, In Physical Terms, By Country, 2007–2021
Table 9:
Exports, In Value Terms, By Country, 2007–2021
Table 10:
Export Prices, By Country Of Destination, 2007–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2021
Figure 2:
Market Value, 2007–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2021
Figure 5:
Trade Balance, In Physical Terms, 2007–2021
Figure 6:
Trade Balance, In Value Terms, 2007–2021
Figure 7:
Per Capita Consumption, 2007–2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2021
Figure 22:
Production, In Value Terms, 2007–2021
Figure 23:
Area Harvested, 2007–2021
Figure 24:
Yield, 2007–2021
Figure 25:
Imports, In Physical Terms, 2007–2021
Figure 26:
Imports, In Value Terms, 2007–2021
Figure 27:
Imports, In Physical Terms, By Country, 2021
Figure 28:
Imports, In Physical Terms, By Country, 2007–2021
Figure 29:
Imports, In Value Terms, By Country, 2007–2021
Figure 30:
Import Prices, By Country Of Origin, 2007–2021
Figure 31:
Exports, In Physical Terms, 2007–2021
Figure 32:
Exports, In Value Terms, 2007–2021
Figure 33:
Exports, In Physical Terms, By Country, 2021
Figure 34:
Exports, In Physical Terms, By Country, 2007–2021
Figure 35:
Exports, In Value Terms, By Country, 2007–2021
Figure 36:
Export Prices, By Country Of Destination, 2007–2021
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