We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
South Africa - Spices - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Jan 1, 2025

South Africa - Spices - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing
Dec 8, 2023

September 2023 Sees 6% Decrease in Spice Export Value to $7.9M in South Africa

South Africa Spice Exports

After two months of growth, overseas shipments of spices decreased by -7.8% to 2.3K tons in September 2023. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 with an increase of 57% m-o-m. As a result, the exports reached the peak of 3.1K tons. From December 2022 to September 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, spice exports declined to $7.9M (IndexBox estimates) in September 2023. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 with an increase of 61% against the previous month.South Africa Spice Exports By Country (Thousand USD)

COUNTRYExport Value of Spice in South Africa (thousand USD)
Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023Jul 2023Aug 2023Sep 2023
Mozambique3574103655902206866765779415267136431,389
Botswana1,3231,2021,7011,1927929501,2491,1241,1781,0581,4201,2241,381
Namibia7761,1151,2161,0047387348519339761,0739961,1391,082
Swaziland730737910685715579811786846832841936766
Lesotho528533704711370401393516640696498730515
Zambia436439664524232670607467465433514604405
United Kingdom567321662300199413409660246362283406264
Others2,4741,9622,7781,7258062,1233,3602,7592,3141,8652,7742,7312,138
Total7,1926,7199,0006,7304,0726,5558,3577,8227,6056,8458,0388,4137,939

Exports by Country

Namibia (415 tons), Botswana (382 tons) and Mozambique (331 tons) were the main destinations of spice exports from South Africa, with a combined 50% share of total exports.

From September 2022 to September 2023, the biggest increases were in Mozambique (with a CAGR of +8.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Mozambique ($1.4M), Botswana ($1.4M) and Namibia ($1.1M) constituted the largest markets for spice exported from South Africa worldwide, with a combined 49% share of total exports.

In terms of the main countries of destination, Mozambique, with a CAGR of +12.0%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Exports by Type

Spices except pepper or ginger (1.9K tons) was the largest type of spice exported from South Africa, with a 84% share of total exports. Moreover, spices except pepper or ginger exceeded the volume of the second product type, piper pepper (148 tons), more than tenfold. The third position in this ranking was taken by pimenta pepper (128 tons), with a 5.7% share.

From September 2022 to September 2023, the average monthly rate of growth in terms of the volume of export of spices except pepper or ginger was relatively modest. With regard to the other exported products, the following average monthly rates of growth were recorded: piper pepper (-3.1% per month) and pimenta pepper (-2.2% per month).

In value terms, spices except pepper or ginger ($6.2M) remains the largest type of spice exported from South Africa, comprising 78% of total exports. The second position in the ranking was taken by piper pepper ($987K), with a 12% share of total exports. It was followed by pimenta pepper, with a 5.7% share.

From September 2022 to September 2023, the average monthly rate of growth in terms of the export volume of spices except pepper or ginger totaled +1.7%. With regard to the other exported products, the following average monthly rates of growth were recorded: piper pepper (-0.2% per month) and pimenta pepper (-0.9% per month).

Export Prices by Country

In September 2023, the spice price amounted to $3,521 per ton (FOB, South Africa), surging by 2.3% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 19% month-to-month. As a result, the export price attained the peak level of $3,746 per ton. From May 2023 to September 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($7,322 per ton), while the average price for exports to Hungary ($1,859 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the spice 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 687 - Pepper
  • FCL 689 - Pimento
  • FCL 692 - Vanilla
  • FCL 693 - Cinnamon (canella)
  • FCL 698 - Cloves
  • FCL 702 - Nutmeg, mace, cardamoms
  • FCL 711 - Anise, badian, fennel
  • FCL 720 - Ginger
  • FCL 723 - Spices nes

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. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. 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, HARVESTED AREA AND YIELD

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    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 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    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. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2024
    23. Production, In Value Terms, 2012–2024
    24. Area Harvested, 2012–2024
    25. Yield, 2012–2024
    26. Imports, In Physical Terms, 2012–2024
    27. Imports, In Value Terms, 2012–2024
    28. Imports, In Physical Terms, By Country, 2024
    29. Imports, In Physical Terms, By Country, 2012–2024
    30. Imports, In Value Terms, By Country, 2012–2024
    31. Import Prices, By Country Of Origin, 2012–2024
    32. Exports, In Physical Terms, 2012–2024
    33. Exports, In Value Terms, 2012–2024
    34. Exports, In Physical Terms, By Country, 2024
    35. Exports, In Physical Terms, By Country, 2012–2024
    36. Exports, In Value Terms, By Country, 2012–2024
    37. Export Prices, By Country Of Destination, 2012–2024

Recommended posts

Free Data: Spices - South Africa
Table
Spices - South Africa - Table
Dashboard
Spices - South Africa - Dashboard
Report
Spices - South Africa - Report