SADC: Frozen Vegetable Market 2024

Frozen Vegetable Market Size in SADC

The SADC frozen vegetable market fell to $X in 2022, approximately equating the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2019; afterwards, it flattened through to 2022.

Frozen Vegetable Production in SADC

In value terms, frozen vegetable production dropped to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2019; afterwards, it flattened through to 2022.

Frozen Vegetable Exports

Exports in SADC

Frozen vegetable exports surged to X tons in 2022, rising by X% compared with the previous year's figure. Overall, exports saw a temperate expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, frozen vegetable exports skyrocketed to $X in 2022. Over the period under review, exports, however, saw a mild contraction. The growth pace was the most rapid in 2014 when exports increased by X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Tanzania was the main exporter of frozen vegetables in SADC, with the volume of exports resulting at X tons, which was near X% of total exports in 2022. It was distantly followed by South Africa (X tons), committing a X% share of total exports. The following exporters - Mozambique (X tons), Madagascar (X tons) and Zambia (X tons) - together made up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Tanzania (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, South Africa ($X), Tanzania ($X) and Zambia ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Tanzania, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, the export price saw a abrupt setback. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Zambia ($X per ton), while Madagascar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced a decline in the export price figures.

Frozen Vegetable Imports

Imports in SADC

In 2022, imports of frozen vegetables in SADC dropped to X tons, which is down by X% against 2021 figures. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, frozen vegetable imports rose remarkably to $X in 2022. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

South Africa represented the key importer of frozen vegetables in SADC, with the volume of imports amounting to X tons, which was approx. X% of total imports in 2022. It was distantly followed by Botswana (X tons), Mauritius (X tons), Namibia (X tons), Democratic Republic of the Congo (X tons) and Angola (X tons), together creating a X% share of total imports. Tanzania (X tons) held a minor share of total imports.

Imports into South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Democratic Republic of the Congo (X%), Mauritius (X%) and Tanzania (X%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. Botswana experienced a relatively flat trend pattern. By contrast, Angola (X%) and Namibia (X%) illustrated a downward trend over the same period. While the share of Democratic Republic of the Congo (X p.p.) and Mauritius (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Namibia (X p.p.) and South Africa (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported frozen vegetables in SADC, comprising X% of total imports. The second position in the ranking was held by Mauritius ($X), with a X% share of total imports. It was followed by Botswana, with a X% share.

In South Africa, frozen vegetable imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Mauritius (X% per year) and Botswana (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per ton in 2017; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mauritius ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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