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South Africa - Prepared Mustard - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

South Africa - Prepared Mustard - Market Analysis, Forecast, Size, Trends And Insights

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Apr 19, 2023

South Africa's Mustard Prices Drop to $1,590 per Ton

South Africa Prepared Mustard Export Price in December 2022

In December 2022, the prepared mustard price amounted to $1,590 per ton (FOB, South Africa), dropping by -42.1% against the previous month. Overall, the export price saw a mild downturn. The pace of growth was the most pronounced in August 2022 an increase of 68% against the previous month. Over the period under review, the average export prices attained the maximum at $2,984 per ton in June 2022; however, from July 2022 to December 2022, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Mozambique ($4,027 per ton), while the average price for exports to Swaziland ($687 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRYDec 2021Jan 2022Feb 2022Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022
Export Price Prepared Mustard in South Africa (USD per kg)
Democratic Republic of the Congo2.32.74.02.21.85.515.33.10.91.11.82.0N/A
Thailand2.3N/AN/AN/AN/AN/AN/AN/A4.0N/AN/AN/AN/A
Mozambique2.53.13.23.23.62.62.92.53.13.74.53.14.0
Namibia2.62.22.12.62.53.33.22.22.72.92.02.53.6
Zambia1.32.02.71.82.42.63.21.71.42.62.53.62.6
Zimbabwe3.04.24.51.61.72.53.03.51.21.32.01.92.3
Lesotho1.62.62.02.14.31.14.11.32.31.45.45.32.0
Botswana2.22.02.11.92.32.02.41.61.92.82.12.02.0
Swaziland2.01.81.82.71.92.42.02.12.02.22.12.00.7
Average1.82.42.12.32.62.03.01.52.62.12.72.71.6

South Africa Prepared Mustard Exports

In December 2022, shipments abroad of prepared mustard increased by 76% to 76 tons for the first time since July 2022, thus ending a four-month declining trend. Overall, exports, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in July 2022 when exports increased by 308% against the previous month. Over the period under review, the exports attained the maximum at 235 tons in December 2021; however, from January 2022 to December 2022, the exports remained at a lower figure.

In value terms, prepared mustard exports amounted to $122K (IndexBox estimates) in December 2022. In general, exports, however, showed a abrupt decrease. The pace of growth was the most pronounced in July 2022 with an increase of 108% against the previous month. The exports peaked at 419 tons in December 2021; however, from January 2022 to December 2022, the exports failed to regain momentum.

South Africa Prepared Mustard Exports by Country

Swaziland (38 tons) was the main destination for prepared mustard exports from South Africa, with a 49% share of total exports. Moreover, prepared mustard exports to Swaziland exceeded the volume sent to the second major destination, Lesotho (14 tons), threefold. The third position in this ranking was taken by Botswana (11 tons), with a 14% share.

From December 2021 to December 2022, the average monthly rate of growth in terms of volume to Swaziland amounted to +13.0%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Lesotho (-18.4% per month) and Botswana (-1.3% per month).

In value terms, Lesotho ($29K), Swaziland ($26K) and Botswana ($21K) were the largest markets for prepared mustard exported from South Africa worldwide, with a combined 62% share of total exports. These countries were followed by Namibia, Mozambique, Zambia and Zimbabwe, which together accounted for a further 30%.

In terms of the main countries of destination, Zimbabwe, with a CAGR of +7.2%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the prepared mustard 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:

  • Prodcom 10841253 - Mustard flour and meal
  • Prodcom 10841255 - Prepared mustard

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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