SADC: Prepared Drier Market 2024

Prepared Drier Market Size in SADC

The SADC prepared drier market contracted to $X in 2022, dropping by X% against the previous year. In general, consumption saw a perceptible contraction. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Prepared Drier Production in SADC

In value terms, prepared drier production fell to $X in 2022 estimated in export price. In general, production continues to indicate a noticeable downturn. The pace of growth was the most pronounced in 2017 with an increase of X%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Prepared Drier Exports

Exports in SADC

In 2022, overseas shipments of prepared driers increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports, however, faced a deep setback. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, prepared drier exports rose sharply to $X in 2022. Overall, exports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

South Africa dominates exports structure, accounting for X tons, which was approx. X% of total exports in 2022. It was distantly followed by Tanzania (X tons), generating a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to prepared drier exports from South Africa stood at X%. At the same time, Tanzania (X%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Tanzania increased by X percentage points.

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

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

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the export price increased by X%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($X per ton), while South Africa stood at $X per ton.

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

Prepared Drier Imports

Imports in SADC

In 2022, supplies from abroad of prepared driers decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Total imports indicated slight growth from 2012 to 2022: its volume 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, imports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2015 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, prepared drier imports dropped sharply to $X in 2022. Overall, imports saw a slight descent. The most prominent rate of growth was recorded in 2015 with an increase of X%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Tanzania (X tons) represented the major importer of prepared driers, constituting X% of total imports. Angola (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Zimbabwe (X%), South Africa (X%), Madagascar (X%), Mozambique (X%) and Mauritius (X%). Zambia (X tons) held a relatively small share of total imports.

Tanzania was also the fastest-growing in terms of the prepared driers imports, with a CAGR of X% from 2012 to 2022. At the same time, Mauritius (X%), Madagascar (X%), Mozambique (X%) and Zimbabwe (X%) displayed positive paces of growth. By contrast, South Africa (X%), Zambia (X%) and Angola (X%) illustrated a downward trend over the same period. Tanzania (X p.p.), Mauritius (X p.p.) and Madagascar (X p.p.) significantly strengthened its position in terms of the total imports, while Zambia, South Africa and Angola saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Tanzania ($X), South Africa ($X) and Angola ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Madagascar, Zimbabwe, Mauritius, Mozambique and Zambia lagged somewhat behind, together comprising a further X%.

Mauritius, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries 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 SADC stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the import price showed a pronounced curtailment. The most prominent rate of growth was recorded in 2017 when the import price increased by X%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mozambique (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform