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South Africa - Mustard Seed - Market Analysis, Forecast, Size, Trends and Insights
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South Africa: Mustard Seed Market Overview 2021

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Mustard Seed Market Size in South Africa

The South African mustard seed market contracted significantly to $X in 2019, shrinking 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, the total consumption indicated a modest increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X, and then declined markedly in the following year.

Mustard Seed Exports

Exports from South Africa

In 2019, overseas shipments of mustard seed were finally on the rise to reach X tonnes after two years of decline. Over the period under review, exports showed a buoyant expansion. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, mustard seed exports surged to $X in 2019. Overall, exports showed a strong increase. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Thailand (X tonnes) was the main destination for mustard seed exports from South Africa, accounting for a X% share of total exports. Moreover, mustard seed exports to Thailand exceeded the volume sent to the second major destination, Zimbabwe (X tonnes), more than tenfold. The third position in this ranking was occupied by Namibia (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to Thailand totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zimbabwe (-X% per year) and Namibia (+X% per year).

In value terms, Thailand ($X) emerged as the key foreign market for mustard seed exports from South Africa, comprising X% of total exports. The second position in the ranking was occupied by Switzerland ($X), with a X% share of total exports. It was followed by Namibia, with a X% share.

From 2007 to 2019, the average annual growth rate of value to Thailand amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+X% per year) and Namibia (+X% per year).

Export Prices by Country

The average mustard seed export price stood at $X per tonne in 2019, which is down by -X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2018, and then declined notably in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Switzerland ($X per tonne), while the average price for exports to Mozambique ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland, while the prices for the other major destinations experienced mixed trend patterns.

Mustard Seed Imports

Imports into South Africa

In 2019, mustard seed imports into South Africa dropped rapidly to X tonnes, which is down by -X% compared with 2018. The total import volume increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. As a result, imports reached the peak of X tonnes, and then declined markedly in the following year.

In value terms, mustard seed imports fell notably to $X in 2019. In general, total imports indicated a modest increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2018 when imports increased by X% y-o-y. As a result, imports attained the peak of $X, and then contracted sharply in the following year.

Imports by Country

In 2019, Canada (X tonnes) constituted the largest mustard seed supplier to South Africa, with a X% share of total imports. Moreover, mustard seed imports from Canada exceeded the figures recorded by the second-largest supplier, India (X tonnes), threefold.

From 2007 to 2019, the average annual rate of growth in terms of volume from Canada stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and Australia (-X% per year).

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

From 2007 to 2019, the average annual growth rate of value from Canada amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (-X% per year) and India (+X% per year).

Import Prices by Country

The average mustard seed import price stood at $X per tonne in 2019, which is down by -X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when the average import price increased by X% y-o-y. Over the period under review, average import prices reached the maximum at $X per tonne in 2015; however, from 2016 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Australia ($X per tonne), while the price for Canada ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Australia, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for mustard seed in the world?
+
The countries with the highest volumes of mustard seed consumption in 2019 were Nepal (234K tonnes), Russia (123K tonnes) and the U.S. (77K tonnes), with a combined 59% share of global consumption. France, Myanmar, Germany, China, Canada, Poland, Ukraine and the Netherlands lagged somewhat behind, together comprising a further 29%.
What are the largest producers of mustard seed in the world?
+
The countries with the highest volumes of mustard seed production in 2019 were Nepal (210K tonnes), Russia (165K tonnes) and Canada (135K tonnes), with a combined 67% share of global production.
What are the leading suppliers of mustard seed to South Africa?
+
In value terms, Canada ($201K) constituted the largest supplier of mustard seed to South Africa, comprising 49% of total imports. The second position in the ranking was occupied by Australia ($90K), with a 22% share of total imports.
What are the leading importers of mustard seed from South Africa?
+
In value terms, Thailand ($32K) emerged as the key foreign market for mustard seed exports from South Africa, comprising 67% of total exports. The second position in the ranking was occupied by Switzerland ($6K), with a 13% share of total exports. It was followed by Namibia, with a 5.2% share.
What is the average export price for mustard seed in South Africa?
+
The average mustard seed export price stood at $1,750 per tonne in 2019, reducing by -56.8% against the previous year.
What is the average import price for mustard seed in South Africa?
+
The average mustard seed import price stood at $964 per tonne in 2019, declining by -10.3% against the previous year.

Product coverage:
• FCL 292 - Mustard seed

This report provides an in-depth analysis of the mustard seed 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.


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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
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, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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