South Africa - Poppy Seed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPoppy Seed Price in South Africa - 2023
Contents:
- Poppy Seed Price in South Africa (CIF) - 2022
- Poppy Seed Price in South Africa (FOB) - 2022
- Poppy Seed Imports in South Africa
- Poppy Seed Exports in South Africa
Poppy Seed Price in South Africa (CIF) - 2022
In 2022, the average poppy seed import price amounted to $2,658 per ton, which is down by -1.7% against the previous year. In general, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, poppy seed import price decreased by -27.9% against 2019 indices. The pace of growth was the most pronounced in 2018 an increase of 68% against the previous year. Over the period under review, average import prices hit record highs at $3,689 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($2,860 per ton), while the price for Romania ($1,446 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+76.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Poppy Seed Price in South Africa (FOB) - 2022
The average poppy seed export price stood at $4,245 per ton in 2022, growing by 53% against the previous year. Overall, the export price enjoyed a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Madagascar ($9,660 per ton), while the average price for exports to Namibia ($3,311 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 Botswana (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.
Poppy Seed Imports in South Africa
In 2022, overseas purchases of poppy seed decreased by -9.4% to 126 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +3.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 22%. As a result, imports attained the peak of 139 tons, and then declined in the following year.
In value terms, poppy seed imports reduced to $334K in 2022. In general, imports recorded a drastic downturn. The smallest decline of -3.6% was in 2021.
| Import of Poppy Seed in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 136 | 290 | 238 | 260 | 24.1% |
| Turkey | 204 | 72.8 | 115 | 38.8 | -42.5% |
| Czech Republic | 38.4 | 18.1 | 11.5 | 31.8 | -6.1% |
| Romania | N/A | N/A | 9.2 | 3.4 | -63.0% |
| Poland | 36.6 | N/A | N/A | N/A | 0% |
| Others | 0.1 | 8.1 | 1.0 | 0.1 | 0.0% |
| Total | 415 | 389 | 375 | 334 | -7.0% |
Top Suppliers of Poppy Seed to South Africa in 2022:
- Netherlands (97.5 tons)
- Turkey (13.6 tons)
- Czech Republic (12.0 tons)
- Romania (2.4 tons)
Poppy Seed Exports in South Africa
For the third consecutive year, South Africa recorded decline in overseas shipments of poppy seed, which decreased by -30% to 8.7 tons in 2022. In general, exports saw a sharp descent. The smallest decline of -9.9% was in 2020.
In value terms, poppy seed exports expanded notably to $37K in 2022. Overall, exports showed a abrupt contraction.
| Export of Poppy Seed in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Botswana | 6.2 | 13.2 | 12.4 | 16.7 | 39.1% |
| Namibia | 16.0 | 9.4 | 14.2 | 8.0 | -20.6% |
| Zimbabwe | 6.1 | 3.2 | 1.4 | 3.6 | -16.1% |
| Swaziland | 1.8 | 1.1 | 2.2 | 2.3 | 8.5% |
| Madagascar | 0.2 | 0.2 | 0.2 | 1.4 | 91.3% |
| Mauritius | 4.5 | N/A | N/A | 1.4 | -32.2% |
| Zambia | 18.5 | 5.6 | 1.8 | 1.3 | -58.7% |
| Others | 9.5 | 6.2 | 2.4 | 2.1 | -39.5% |
| Total | 62.8 | 38.9 | 34.5 | 37.0 | -16.2% |
Top Export Markets for Poppy Seed from South Africa in 2022:
- Botswana (3.8 tons)
- Namibia (2.4 tons)
- Zimbabwe (1.0 tons)
- Mauritius (0.4 tons)
- Zambia (0.3 tons)
- Swaziland (0.3 tons)
- Madagascar (0.1 tons)
This report provides an in-depth analysis of the poppy 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 2030.
Product coverage:
- FCL 296 - Poppy seed
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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The global poppy seed market was estimated at X tons in 2016, which was X% more than in the previous year.
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Global poppy seed consumption amounted to X thousand tons in 2015, falling by -X% against the previous year level.
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Global poppy seed exports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
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Global poppy seed imports amounted to X thousand tons in 2015, declining by -X% against the previous year level.
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In 2015, the countries with the highest levels of poppy seed production were the Czech Republic (X thousand tons), Turkey (X thousand tons), Spain (X thousand tons), together accounting for X% of total output.
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