South Africa - Potato - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPotato Price in South Africa - 2023
Contents:
- Potato Price in South Africa (FOB) - 2023
- Potato Price in South Africa (CIF) - 2022
- Potato Exports in South Africa
- Potato Imports in South Africa
Potato Price in South Africa (FOB) - 2023
In July 2023, the average potato export price amounted to $280 per ton, picking up by 2.1% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 16% against the previous month. As a result, the export price reached the peak level of $292 per ton. From May 2023 to July 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Zimbabwe ($606 per ton), while the average price for exports to Mozambique ($203 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.
Potato Price in South Africa (CIF) - 2022
The average potato import price stood at $488 per ton in 2022, declining by -29.3% against the previous year. In general, the import price, however, saw a notable expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 150%. The import price peaked at $701 per ton in 2020; however, from 2021 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 France ($552 per ton), while the price for Namibia ($200 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Potato Exports in South Africa
For the fourth year in a row, South Africa recorded growth in shipments abroad of potatoes, which increased by 2% to 185K tons in 2022. The total export volume increased at an average annual rate of +3.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 4.9%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, potato exports fell to $48M in 2022. The total export value increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 20% against the previous year. As a result, the exports attained the peak of $51M, and then fell in the following year.
| Export of Potato in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mozambique | 15.0 | 13.3 | 15.9 | 16.9 | 4.1% |
| Zimbabwe | 2.2 | 3.8 | 8.3 | 10.4 | 67.8% |
| Namibia | 8.6 | 7.7 | 8.2 | 8.8 | 0.8% |
| Swaziland | 2.1 | 1.9 | 2.5 | 2.5 | 6.0% |
| Lesotho | 3.0 | 2.7 | 3.3 | 2.3 | -8.5% |
| Botswana | 7.7 | 7.3 | 7.6 | 2.2 | -34.1% |
| Angola | 1.3 | 1.4 | 1.4 | 1.7 | 9.4% |
| Zambia | 2.2 | 0.5 | 1.0 | 1.0 | -23.1% |
| Others | 3.5 | 4.2 | 3.2 | 2.4 | -11.8% |
| Total | 45.7 | 42.9 | 51.4 | 48.1 | 1.7% |
Top Export Markets for Potato from South Africa in 2022:
- Mozambique (102.4K tons)
- Namibia (27.9K tons)
- Zimbabwe (15.4K tons)
- Swaziland (13.9K tons)
- Lesotho (9.4K tons)
- Angola (6.4K tons)
- Botswana (4.7K tons)
- Zambia (2.1K tons)
Potato Imports in South Africa
In 2022, after three years of growth, there was significant decline in purchases abroad of potatoes, when their volume decreased by -17.7% to 442 tons. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +8.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +26.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 33%. As a result, imports attained the peak of 537 tons, and then fell sharply in the following year.
In value terms, potato imports dropped notably to $216K in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 30% against the previous year. As a result, imports attained the peak of $370K, and then contracted remarkably in the following year.
| Import of Potato in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 189 | 261 | 314 | 146 | -8.2% |
| France | 10.7 | 13.2 | 47.6 | 41.4 | 57.0% |
| Botswana | 4.8 | N/A | N/A | N/A | 0% |
| Namibia | 8.3 | N/A | N/A | N/A | 0% |
| Others | 5.5 | 9.7 | 7.9 | 28.0 | 72.0% |
| Total | 218 | 284 | 370 | 216 | -0.3% |
Top Suppliers of Potato to South Africa in 2022:
- Namibia (undefined tons)
- Netherlands (276.1 tons)
- France (75.0 tons)
This report provides an in-depth analysis of the potato 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 116 - Potatoes
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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