Insects; Live, Bees Price in South Africa - 2022

Contents:

1. Insects; Live, Bees Price in South Africa (FOB) - 2022
2. Insects; Live, Bees Price in South Africa (CIF) - 2022
3. Insects; Live, Bees Exports in South Africa
4. Insects; Live, Bees Imports in South Africa

Insects; Live, Bees Price in South Africa (FOB) - 2022

In 2022, the average insects; live, bees export price amounted to $0.2 per unit, increasing by 8% against the previous year. Overall, the export price showed a mild expansion. The pace of growth was the most pronounced in 2017 an increase of 188% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Lesotho.

From 2012 to 2022, the rate of growth in terms of prices for Lesotho amounted to +13.1% per year.

Insects; Live, Bees Price in South Africa (CIF) - 2022

In 2022, the average insects; live, bees import price amounted to $0.2 per unit, falling by -3.9% against the previous year. Overall, the import price saw a deep slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by 4.8%. The import price peaked at $0.3 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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

From 2016 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -4.1% per year.

Insects; Live, Bees Exports in South Africa

After three years of growth, shipments abroad of insects; live, beeses decreased by -94.6% to 1.1K units in 2022. In general, exports continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2020 when exports increased by 96% against the previous year. Over the period under review, the exports reached the maximum at 21K units in 2021, and then contracted rapidly in the following year.

In value terms, insects; live, bees exports declined rapidly to $243 in 2022. Over the period under review, exports faced a dramatic contraction. The most prominent rate of growth was recorded in 2020 with an increase of 118% against the previous year. The exports peaked at $4.2K in 2021, and then declined dramatically in the following year.

Top Export Markets for Insects; Live, Bees from South Africa in 2022:

1. Lesotho (1.1K units)

Insects; Live, Bees Imports in South Africa

In 2022, the amount of insects; live, beeses imported into South Africa surged to 372 units, growing by 313% compared with 2021. Overall, imports continue to indicate a significant expansion. Imports peaked at 655 units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, insects; live, bees imports soared to $91 in 2022. Over the period under review, imports showed a significant increase. Over the period under review, imports hit record highs at $159 in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Top Suppliers of Insects; Live, Bees to South Africa in 2022:

1. Netherlands (186.0 units)

Source: IndexBox Market Intelligence Platform