South Africa: Preserved Frozen Potato Market 2024

Preserved Frozen Potato Market Size in South Africa

The South African preserved frozen potato market expanded slightly to $X in 2021, growing by 3.7% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Preserved Frozen Potato Production in South Africa

In value terms, preserved frozen potato production dropped to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.1% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 17%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Preserved Frozen Potato Exports

Exports from South Africa

In 2021, approx. X tons of frozen potatoes prepared or preserved were exported from South Africa; rising by 20% compared with 2020 figures. In general, exports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2014 with an increase of 85% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, preserved frozen potato exports skyrocketed to $X in 2021. Overall, exports showed a remarkable increase. The pace of growth was the most pronounced in 2014 with an increase of 71%. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Zambia (X tons), Namibia (X tons) and Botswana (X tons) were the main destinations of preserved frozen potato exports from South Africa, with a combined 78% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Botswana (with a CAGR of +53.2%), while the other leaders experienced more modest paces of growth.

In value terms, Zambia ($X), Namibia ($X) and Botswana ($X) appeared to be the largest markets for preserved frozen potato exported from South Africa worldwide, with a combined 75% share of total exports.

In terms of the main countries of destination, Botswana, with a CAGR of +48.6%, saw the highest growth rate of 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

The average preserved frozen potato export price stood at $X per ton in 2021, picking up by 11% against the previous year. Overall, the export price, however, recorded a noticeable descent. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the UK ($X per ton), while the average price for exports to Zambia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+0.7%), while the prices for the other major destinations experienced mixed trend patterns.

Preserved Frozen Potato Imports

Imports into South Africa

After two years of decline, overseas purchases of frozen potatoes prepared or preserved increased by 79% to X tons in 2021. In general, imports, however, saw a relatively flat trend pattern. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, preserved frozen potato imports surged to $X in 2021. Over the period under review, imports, however, continue to indicate a slight slump. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Belgium (X tons) constituted the largest preserved frozen potato supplier to South Africa, accounting for a 67% share of total imports. Moreover, preserved frozen potato imports from Belgium exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fourfold. Germany (X tons) ranked third in terms of total imports with a 9.9% share.

From 2012 to 2021, the average annual growth rate of volume from Belgium was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-1.1% per year) and Germany (+71.5% per year).

In value terms, Belgium ($X) constituted the largest supplier of frozen potatoes prepared or preserved to South Africa, comprising 67% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 16% share of total imports. It was followed by Germany, with a 9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Belgium was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-4.8% per year) and Germany (+64.2% per year).

Import Prices by Country

In 2021, the average preserved frozen potato import price amounted to $X per ton, rising by 4.1% against the previous year. In general, the import price, however, saw a mild reduction. The pace of growth appeared the most rapid in 2016 an increase of 29%. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the UK ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+23.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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