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South Africa - Sunflower Oilcake - Market Analysis, Forecast, Size, Trends And Insights
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South Africa: Sunflower Oilcake Market Overview 2021

Sunflower Oilcake Market Size in South Africa

The South African sunflower oilcake market was estimated at $X in 2019, remaining stable against the previous year. In general, the total consumption indicated a notable expansion 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, consumption decreased by -X% against 2017 indices. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2019, consumption failed to regain the momentum.

Sunflower Oilcake Production in South Africa

In value terms, sunflower oilcake production shrank to $X in 2019 estimated in export prices. Over the period under review, production, however, saw a strong expansion. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% y-o-y. Sunflower oilcake production peaked at $X in 2017; however, from 2018 to 2019, production stood at a somewhat lower figure.

Sunflower Oilcake Exports

Exports from South Africa

In 2019, overseas shipments of sunflower oilcake were finally on the rise to reach X tonnes after two years of decline. Over the period under review, exports enjoyed a temperate expansion. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at X tonnes in 2013; however, from 2014 to 2019, exports stood at a somewhat lower figure.

In value terms, sunflower oilcake exports rose rapidly to $X in 2019. In general, exports recorded a prominent increase. The growth pace was the most rapid in 2011 when exports increased by X% against the previous year. Exports peaked at $X in 2013; however, from 2014 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Swaziland (X tonnes) was the main destination for sunflower oilcake exports from South Africa, with a X% share of total exports. Moreover, sunflower oilcake exports to Swaziland exceeded the volume sent to the second major destination, Zimbabwe (X tonnes), twofold.

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

In value terms, Swaziland ($X), Zimbabwe ($X) and Botswana ($X) appeared to be the largest markets for sunflower oilcake exported from South Africa worldwide, together comprising X% of total exports.

Zimbabwe (+X% per year) recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average sunflower oilcake export price stood at $X per tonne in 2019, rising by X% against the previous year. Over the period under review, export price indicated measured growth from 2007 to 2019: its price 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, sunflower oilcake export price decreased by -X% against 2014 indices. The pace of growth appeared the most rapid in 2011 an increase of X% year-to-year. The export price peaked at $X per tonne in 2014; however, from 2015 to 2019, export prices failed to regain the momentum.

Average prices varied somewhat for the major foreign markets. In 2019, the country with the highest price was Zimbabwe ($X per tonne), while the average price for exports to Swaziland ($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 Botswana, while the prices for the other major destinations experienced mixed trend patterns.

Sunflower Oilcake Imports

Imports into South Africa

In 2019, approx. X tonnes of sunflower oilcake were imported into South Africa; rising by X% on 2018. Overall, imports, however, saw a relatively flat trend pattern. Imports peaked at X tonnes in 2012; however, from 2013 to 2019, imports remained at a lower figure.

In value terms, sunflower oilcake imports soared to $X in 2019. In general, imports, however, continue to indicate a temperate increase. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, Argentina (X tonnes) was the main supplier of sunflower oilcake to South Africa, with a approx. X% share of total imports.

From 2007 to 2019, the average annual growth rate of volume from Argentina was relatively modest.

In value terms, Argentina ($X) constituted the largest supplier of sunflower oilcake to South Africa.

From 2007 to 2019, the average annual rate of growth in terms of value from Argentina stood at +X%.

Import Prices by Country

The average sunflower oilcake import price stood at $X per tonne in 2019, approximately equating the previous year. Overall, the import price, however, recorded moderate growth. The pace of growth appeared the most rapid in 2013 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 2014; however, from 2015 to 2019, import prices failed to regain the momentum.

As there is only one major supplying country, the average price level is determined by prices for Argentina.

From 2007 to 2019, the rate of growth in terms of prices for Argentina amounted to +X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sunflower oilcake in the world?
+
The country with the largest volume of sunflower oilcake consumption was China (16M tonnes), accounting for 17% of total volume. Moreover, sunflower oilcake consumption in China exceeded the figures recorded by the second-largest consumer, India (6.3M tonnes), threefold. The third position in this ranking was occupied by the U.S. (5.4M tonnes), with a 6% share.
What are the largest producers of sunflower oilcake in the world?
+
China (15M tonnes) remains the largest sunflower oilcake producing country worldwide, accounting for 17% of total volume. Moreover, sunflower oilcake production in China exceeded the figures recorded by the second-largest producer, India (6M tonnes), threefold. The U.S. (5.4M tonnes) ranked third in terms of total production with a 5.9% share.
What are the leading suppliers of sunflower oilcake to South Africa?
+
In value terms, Argentina ($25M) constituted the largest supplier of sunflower oilcake to South Africa.
What are the leading importers of sunflower oilcake from South Africa?
+
In value terms, Swaziland ($1M), Zimbabwe ($577K) and Botswana ($406K) appeared to be the largest markets for sunflower oilcake exported from South Africa worldwide, together comprising 99% of total exports.
What is the average export price for sunflower oilcake in South Africa?
+
The average sunflower oilcake export price stood at $374 per tonne in 2019, increasing by 2.7% against the previous year.
What is the average import price for sunflower oilcake in South Africa?
+
In 2019, the average sunflower oilcake import price amounted to $218 per tonne, therefore, remained relatively stable against the previous year.

Product coverage:
• Prodcom 10414150 - Oilcake and other solid residues resulting from the extraction of sunflower seed fats or oils

This report provides an in-depth analysis of the sunflower oilcake 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
TOP EXPORTING COUNTRIES
5.4
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 VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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