South Africa: Soft Drink Market 2024

Soft Drink Market Size in South Africa

The South African soft drink market reduced modestly to $X in 2022, falling by X% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Soft Drink Production in South Africa

In value terms, soft drink production contracted slightly to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. Soft drink production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Soft Drink Exports

Exports from South Africa

In 2022, shipments abroad of soft drinks increased by X% to X litres, rising for the second consecutive year after two years of decline. In general, exports recorded a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports attained the maximum at X litres in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, soft drink exports contracted slightly to $X in 2022. Over the period under review, total exports indicated a resilient expansion 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, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Botswana (X litres), Namibia (X litres) and Swaziland (X litres) were the main destinations of soft drink exports from South Africa, together comprising X% of total exports. Lesotho, Mozambique, Zimbabwe and Zambia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mozambique (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for soft drink exported from South Africa were Botswana ($X), Namibia ($X) and Mozambique ($X), together comprising X% of total exports.

Among the main countries of destination, Mozambique, with a CAGR of X%, 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

In 2022, the average soft drink export price amounted to $X per litre, reducing by X% against the previous year. Overall, the export price recorded a noticeable reduction. The growth pace was the most rapid in 2015 an increase of X% against the previous year. The export price peaked at $X per litre in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Zimbabwe ($X per litre), while the average price for exports to Lesotho ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (X%), while the prices for the other major destinations experienced mixed trend patterns.

Soft Drink Imports

Imports into South Africa

Soft drink imports into South Africa skyrocketed to X litres in 2022, growing by X% against 2021. Over the period under review, imports enjoyed a buoyant increase. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, soft drink imports soared to $X in 2022. In general, total imports indicated a prominent expansion 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, imports increased by X% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Austria (X litres), the United Arab Emirates (X litres) and Switzerland (X litres) were the main suppliers of soft drink imports to South Africa, together comprising X% of total imports. The UK, the Netherlands, Swaziland, Italy, Taiwan (Chinese), the United States, Germany and Belgium lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Taiwan (Chinese) (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), the United Arab Emirates ($X) and Switzerland ($X) appeared to be the largest soft drink suppliers to South Africa, together accounting for X% of total imports. The UK, the Netherlands, Italy, Taiwan (Chinese), Germany, Swaziland, the United States and Belgium lagged somewhat behind, together accounting for a further X%.

Taiwan (Chinese), with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average soft drink import price stood at $X per litre in 2022, growing by X% against the previous year. Over the period under review, the import price, however, saw a noticeable downturn. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per litre 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 supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per litre), while the price for Swaziland ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :