Africa: Vinegar Market 2024

Vinegar Market Size in Africa

The African vinegar market amounted to $X in 2022, flattening at the previous year. The total consumption indicated perceptible growth from 2012 to 2022: its value 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, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2020; afterwards, it flattened through to 2022.

Vinegar Production in Africa

In value terms, vinegar production expanded slightly to $X in 2022 estimated in export price. The total production indicated a notable expansion from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Vinegar Exports

Exports in Africa

In 2022, overseas shipments of vinegar decreased by X% to X tons, falling for the third consecutive year after four years of growth. Over the period under review, exports saw a pronounced setback. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, vinegar exports dropped sharply to $X in 2022. Overall, exports saw a pronounced descent. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

South Africa was the major exporter of vinegar in Africa, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2022. Senegal (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Morocco (X%). Algeria (X tons) took a minor share of total exports.

Exports from South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Senegal (X%), Algeria (X%) and Morocco (X%) displayed positive paces of growth. Moreover, Senegal emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Senegal, Morocco and Algeria increased by X, X and X percentage points, respectively.

In value terms, South Africa ($X) remains the largest vinegar supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Morocco ($X), with a X% share of total exports. It was followed by Senegal, with a X% share.

From 2012 to 2022, the average annual growth rate of value in South Africa amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Morocco (X% per year) and Senegal (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, declining by X% against the previous year. In general, the export price, however, saw a mild expansion. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Algeria ($X per ton), while Senegal ($X per ton) was amongst the lowest.

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

Vinegar Imports

Imports in Africa

Vinegar imports dropped markedly to X tons in 2022, shrinking by X% compared with the year before. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by X%. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, vinegar imports dropped significantly to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2021, and then dropped sharply in the following year.

Imports by Country

The purchases of the twelve major importers of vinegar, namely Morocco, Guinea-Bissau, South Africa, Algeria, Senegal, Botswana, Namibia, Mozambique, Sao Tome and Principe, Angola, Central African Republic and Gambia, represented more than two-thirds of total import. Libya (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Central African Republic (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest vinegar importing markets in Africa were South Africa ($X), Morocco ($X) and Algeria ($X), with a combined X% share of total imports. Guinea-Bissau, Botswana, Namibia, Senegal, Mozambique, Angola, Libya, Sao Tome and Principe, Central African Republic and Gambia lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Central African Republic, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Africa stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, import prices attained the maximum in 2022 and is likely to continue growth in years to come.

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 ($X per ton), while Guinea-Bissau ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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