South Africa: Preserved Sweet Corn Market 2024

Preserved Sweet Corn Market Size in South Africa

The South African preserved sweet corn market reduced modestly to $X in 2022, falling by X% against the previous year. Over the period under review, consumption, however, saw a mild decline. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Preserved Sweet Corn Production in South Africa

In value terms, preserved sweet corn production contracted to $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Preserved sweet corn production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

The average yield of sweet corn prepared or preserved in South Africa was estimated at less than X kg per ha in 2022, stabilizing at the previous year. In general, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. less than X ha of sweet corn prepared or preserved were harvested in South Africa; almost unchanged from 2021. Overall, the harvested area saw a relatively flat trend pattern.

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Preserved Sweet Corn Exports

Exports from South Africa

After three years of growth, shipments abroad of sweet corn prepared or preserved decreased by X% to X tons in 2022. Over the period under review, exports, however, continue to indicate a prominent expansion. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, preserved sweet corn exports fell notably to $X in 2022. Overall, exports, however, showed resilient growth. The pace of growth appeared the most rapid in 2017 when exports increased by X%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Swaziland (X tons) was the main destination for preserved sweet corn exports from South Africa, accounting for a X% share of total exports. Moreover, preserved sweet corn exports to Swaziland exceeded the volume sent to the second major destination, Namibia (X tons), threefold. Botswana (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Swaziland totaled 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, the largest markets for preserved sweet corn exported from South Africa were Swaziland ($X), Namibia ($X) and Botswana ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Swaziland, with a CAGR of X%, recorded 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 sweet corn export price stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the export price showed a pronounced contraction. The pace of growth was the most pronounced in 2015 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zimbabwe ($X per ton), while the average price for exports to Swaziland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Swaziland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Sweet Corn Imports

Imports into South Africa

In 2022, supplies from abroad of sweet corn prepared or preserved was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a sharp decrease. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, preserved sweet corn imports declined to $X in 2022. Overall, imports, however, saw a significant decrease. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Thailand (X tons) constituted the largest preserved sweet corn supplier to South Africa, accounting for a X% share of total imports. Moreover, preserved sweet corn imports from Thailand exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. Cyprus (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Thailand totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Cyprus (X% per year).

In value terms, Thailand ($X) constituted the largest supplier of sweet corn prepared or preserved to South Africa, comprising X% of total imports. The second position in the ranking was taken by Cyprus ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Thailand totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Cyprus (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average preserved sweet corn import price amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price saw a slight decline. The pace of growth was the most pronounced in 2020 an increase of X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Cyprus ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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