South Africa - Tomato Juice - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTomato Juice Price in South Africa - 2023
Contents:
- Tomato Juice Price in South Africa (FOB) - 2022
- Tomato Juice Price in South Africa (CIF) - 2022
- Tomato Juice Exports in South Africa
- Tomato Juice Imports in South Africa
Tomato Juice Price in South Africa (FOB) - 2022
In 2022, the average tomato juice export price amounted to $1,094 per ton, falling by -7.1% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 22% against the previous year. The export price peaked at $1,194 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zimbabwe ($1,678 per ton), while the average price for exports to Fiji ($621 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 Seychelles (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.
Tomato Juice Price in South Africa (CIF) - 2022
In 2022, the average tomato juice import price amounted to $703 per ton, dropping by -23.2% against the previous year. Over the period under review, the import price showed a deep setback. The pace of growth was the most pronounced in 2014 an increase of 139% against the previous year. Over the period under review, average import prices attained the peak figure at $2,318 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 the United States ($3,174 per ton), while the price for Cameroon ($230 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.8%), while the prices for the other major suppliers experienced a decline.
Tomato Juice Exports in South Africa
In 2022, tomato juice exports from South Africa soared to 116 tons, surging by 64% on the year before. Over the period under review, exports, however, saw a slight setback.
In value terms, tomato juice exports skyrocketed to $126K in 2022. Overall, total exports indicated a notable expansion from 2019 to 2022: its value increased at an average annual rate of +2.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.5% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Tomato Juice in South Africa (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Swaziland | 2.1 | 17.1 | 4.3 | 36.6 | 159.3% |
Namibia | 39.1 | 23.1 | 35.2 | 26.6 | -12.1% |
Zambia | 7.7 | 8.4 | 6.9 | 13.0 | 19.1% |
Botswana | 13.2 | 9.2 | 10.8 | 9.0 | -12.0% |
Mauritius | 11.0 | 4.6 | 4.4 | 8.4 | -8.6% |
Ethiopia | N/A | N/A | 7.7 | 7.2 | -6.5% |
Mozambique | 4.9 | 4.6 | 5.1 | 7.1 | 13.2% |
Fiji | 4.1 | 2.1 | 1.6 | 2.4 | -16.3% |
Others | 35.8 | 10.7 | 7.0 | 16.2 | -23.2% |
Total | 118 | 79.8 | 82.8 | 126 | 2.2% |
Top Export Markets for Tomato Juice from South Africa in 2022:
- Swaziland (34.2 tons)
- Namibia (20.0 tons)
- Zambia (14.4 tons)
- Ethiopia (10.7 tons)
- Botswana (8.3 tons)
- Mauritius (7.0 tons)
- Mozambique (5.8 tons)
- Fiji (3.8 tons)
Tomato Juice Imports in South Africa
Tomato juice imports into South Africa rose notably to 59 tons in 2022, with an increase of 8.6% against 2021 figures. Overall, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +23.9% 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 +90.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 60% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, tomato juice imports dropped notably to $41K in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +10.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 53% against the previous year.
Import of Tomato Juice in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 28.4 | 44.9 | 44.5 | 28.7 | 0.4% |
Cameroon | N/A | N/A | N/A | 4.5 | 0% |
Portugal | N/A | N/A | 0.3 | 4.2 | 1300.0% |
Germany | 1.8 | 0.1 | 0.2 | 0.5 | -34.8% |
Others | 0.6 | 2.2 | 4.4 | 3.2 | 74.7% |
Total | 30.8 | 47.2 | 49.3 | 41.2 | 10.2% |
Top Suppliers of Tomato Juice to South Africa in 2022:
- Poland (31.2 tons)
- Cameroon (19.5 tons)
- Portugal (5.5 tons)
- Germany (0.6 tons)
This report provides an in-depth analysis of the tomato juice 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 390 - Juice of Tomatoes
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
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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
- 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 VOLUME AND VALUE
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
- 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
- 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 highest growth rate occurred in November 2023, with a 62% increase month-to-month. The import value of Concentrated Apple Juice surged to $5.5M in January 2024.
The rate of expansion was most pronounced in November 2023, with imports surging by 62% month-on-month. In terms of value, Concentrated Apple Juice imports soared to $4.4M in December 2023.
In April 2023, the concentrated apple juice price amounted to $1,872 per ton (CIF, South Africa), with an increase of 4.1% against the previous month.
In September 2022, there was a significant rate of growth as exports of Mixed Juices increased by 35% month-on-month. However, in July 2023, the value of Mixed Juices exports slightly decreased to $5.2M.
In November 2023, the exports of Concentrated Pineapple Juice reached a peak with a value of $4.8M.
The most significant increase in growth was seen in July 2023 with concentrated grapefruit juice exports rising by 63% compared to the previous month. However, exports decreased to $2.9M in January 2024.
In February 2023, the concentrated grapefruit juice price stood at $2,439 per ton (FOB, South Africa), picking up by 9.1% against the previous month.
The price of Concentrated Orange Juice was $1,315 per ton (FOB, South Africa) in May 2023, showing a decrease of 16.6% compared to the previous month.
In June 2023, the price of Apple Juice was $984 per ton (FOB, South Africa), experiencing a 7.7% increase compared to the previous month.
In 2017, the global tomato juice market amounted to X tons, remaining relatively stable as in the previous year. Afte...