South Africa - Spices - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingSeptember 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.
| COUNTRY | Export Value of Spice in South Africa (thousand USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | |
| Mozambique | 357 | 410 | 365 | 590 | 220 | 686 | 676 | 577 | 941 | 526 | 713 | 643 | 1,389 |
| Botswana | 1,323 | 1,202 | 1,701 | 1,192 | 792 | 950 | 1,249 | 1,124 | 1,178 | 1,058 | 1,420 | 1,224 | 1,381 |
| Namibia | 776 | 1,115 | 1,216 | 1,004 | 738 | 734 | 851 | 933 | 976 | 1,073 | 996 | 1,139 | 1,082 |
| Swaziland | 730 | 737 | 910 | 685 | 715 | 579 | 811 | 786 | 846 | 832 | 841 | 936 | 766 |
| Lesotho | 528 | 533 | 704 | 711 | 370 | 401 | 393 | 516 | 640 | 696 | 498 | 730 | 515 |
| Zambia | 436 | 439 | 664 | 524 | 232 | 670 | 607 | 467 | 465 | 433 | 514 | 604 | 405 |
| United Kingdom | 567 | 321 | 662 | 300 | 199 | 413 | 409 | 660 | 246 | 362 | 283 | 406 | 264 |
| Others | 2,474 | 1,962 | 2,778 | 1,725 | 806 | 2,123 | 3,360 | 2,759 | 2,314 | 1,865 | 2,774 | 2,731 | 2,138 |
| Total | 7,192 | 6,719 | 9,000 | 6,730 | 4,072 | 6,555 | 8,357 | 7,822 | 7,605 | 6,845 | 8,038 | 8,413 | 7,939 |
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.
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:
- 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.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional EditionPRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
-
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- 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: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
-
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
-
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
-
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012-2024
- Imports, In Value Terms, By Country, 2012-2024
- Import Prices, By Country, 2012-2024
- Exports, In Physical Terms, By Country, 2012-2024
- Exports, In Value Terms, By Country, 2012-2024
- Exports Prices, By Country, 2012-2024
-
LIST OF FIGURES
- Market Volume, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply Vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply Vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, by Product
- Average Per Capita Consumption, by Product
- Exports and Growth, by Product
- Export Prices and Growth, by Product
- Production Volume and Growth
- Yield 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: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Harvested Area: Historical Data (2012–2024) and Forecast (2025–2035)
- Yield: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, in Physical Terms, by Country, 2024
- Imports, in Physical Terms, by Country, 2012-2024
- Imports, in Value Terms, by Country, 2012-2024
- Import Prices, by Country, 2012-2024
- Exports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, in Physical Terms, by Country, 2024
- Exports, in Physical Terms, by Country, 2012-2024
- Exports, in Value Terms, by Country, 2012-2024
- Export Prices, by Country, 2012-2024
