SADC: Market for Rape Or Colza Seed 2024

Market Size for Rape Or Colza Seed in SADC

In 2022, after two years of growth, there was significant decline in the SADC rape and colza seed market, when its value decreased by X% to $X. In general, consumption, however, continues to indicate resilient growth. The level of consumption peaked at $X in 2021, and then reduced in the following year.

Production of Rape Or Colza Seed in SADC

In value terms, rape and colza seed production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

South Africa (X tons) remains the largest rape and colza seed producing country in SADC, comprising approx. X% of total volume. It was followed by Tanzania (X tons), with a X% share of total production.

In South Africa, rape and colza seed production increased at an average annual rate of X% over the period from 2012-2022.

In 2022, the average rape and colza seed yield in SADC reached X tons per ha, with an increase of X% on 2021 figures. The yield indicated a mild increase from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, rape and colza seed yield decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2020 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2021 to 2022, the growth of the rape and colza seed yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of rape or colza seed were harvested in SADC; which is down by X% on the previous year's figure. The total harvested area indicated a strong increase from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, rape and colza seed harvested area increased by X% against 2019 indices. The pace of growth was the most pronounced in 2013 with an increase of X%. The level of harvested area peaked at X ha in 2021, and then contracted in the following year.

Exports of Rape Or Colza Seed

Exports in SADC

In 2022, rape and colza seed exports in SADC expanded remarkably to X tons, with an increase of X% on 2021 figures. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The volume of export peaked in 2022 and is likely to see gradual growth in years to come.

In value terms, rape and colza seed exports skyrocketed to $X in 2022. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

South Africa prevails in exports structure, amounting to X tons, which was approx. X% of total exports in 2022. Mozambique (X tons) took a relatively small share of total exports.

South Africa was also the fastest-growing in terms of the rape or colza seed exports, with a CAGR of X% from 2012 to 2022. Mozambique (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Africa and Mozambique increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest rape and colza seed supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Mozambique ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in South Africa totaled X%.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price, however, saw a abrupt downturn. The growth pace was the most rapid in 2017 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Mozambique totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Imports of Rape Or Colza Seed

Imports in SADC

After two years of decline, supplies from abroad of rape or colza seed increased by X% to X tons in 2022. Over the period under review, imports recorded a remarkable increase. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, rape and colza seed imports skyrocketed to $X in 2022. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

South Africa dominates imports structure, finishing at X tons, which was near X% of total imports in 2022. It was distantly followed by Zimbabwe (X tons) and Botswana (X tons), together generating a X% share of total imports. Lesotho (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to rape and colza seed imports into South Africa stood at X%. At the same time, Botswana (X%) and Lesotho (X%) displayed positive paces of growth. Moreover, Botswana emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. Zimbabwe experienced a relatively flat trend pattern. From 2012 to 2022, the share of South Africa, Zimbabwe, Botswana and Lesotho increased by X, X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual growth rate of value in South Africa totaled X%. In the other countries, the average annual rates were as follows: Zimbabwe (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 posted significant growth. The pace of growth was the most pronounced in 2013 an increase of X%. Over the period under review, import prices hit record highs in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was South Africa ($X per ton), while Lesotho ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lesotho (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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