South Africa: Frozen Potato Market 2024

Frozen Potato Market Size in South Africa

In 2022, the South African frozen potato market increased by X% to $X, rising for the third year in a row after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Frozen potato consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Frozen Potato Production in South Africa

In value terms, frozen potato production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X%. Frozen potato production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

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Frozen Potato Exports

Exports from South Africa

In 2022, overseas shipments of frozen potatoes decreased by X% to X tons, falling for the third consecutive year after three years of growth. Overall, exports recorded a slight decrease. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, frozen potato exports contracted to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

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

From 2012 to 2022, the average annual growth rate of volume to Botswana amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (X% per year) and Swaziland (X% per year).

In value terms, Botswana ($X) remains the key foreign market for frozen potatoes exports from South Africa, comprising X% of total exports. The second position in the ranking was held by Namibia ($X), with a X% share of total exports. It was followed by Swaziland, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Botswana stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (X% per year) and Swaziland (X% per year).

Export Prices by Country

In 2022, the average frozen potato export price amounted to $X per ton, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Mozambique ($X per ton) and Malawi ($X per ton), while the average price for exports to Zambia ($X per ton) and Namibia ($X per ton) were amongst the lowest.

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

Frozen Potato Imports

Imports into South Africa

In 2022, the amount of frozen potatoes imported into South Africa declined modestly to X tons, with a decrease of X% compared with the previous year. Over the period under review, imports recorded a slight descent. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, frozen potato imports skyrocketed to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Belgium (X tons) constituted the largest frozen potato supplier to South Africa, with a X% share of total imports. Moreover, frozen potato imports from Belgium exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), sevenfold. The third position in this ranking was taken by India (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Belgium was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and India (X% per year).

In value terms, Belgium ($X) constituted the largest supplier of frozen potatoes to South Africa, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with an X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Belgium stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and India (X% per year).

Import Prices by Country

The average frozen potato import price stood at $X per ton in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($X per ton) and Belgium ($X per ton), while the price for the Netherlands ($X per ton) and Germany ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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