South Africa: Dried Grapes Market 2024

Dried Grapes Market Size in South Africa

The South African dried grapes market soared to $X in 2022, surging by 142% against the previous year. Over the period under review, consumption, however, continues to indicate a deep slump. Dried grapes consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Dried Grapes Production in South Africa

In value terms, dried grapes production dropped to $X in 2022 estimated in export price. Over the period under review, production showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when the production volume increased by 18%. Dried grapes production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Dried Grapes Exports

Exports from South Africa

In 2022, the amount of dried grapes exported from South Africa shrank to X tons, falling by -11% compared with 2021. Over the period under review, exports, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2015 with an increase of 51% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, dried grapes exports dropped to $X in 2022. Overall, total exports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -26.9% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of 51% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X tons), the United States (X tons) and the Netherlands (X tons) were the main destinations of dried grapes exports from South Africa, with a combined 60% share of total exports. Canada, the UK, Algeria, France, Denmark, Australia, Spain and Brazil lagged somewhat behind, together comprising a further 26%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +25.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and the Netherlands ($X) constituted the largest markets for dried grapes exported from South Africa worldwide, with a combined 59% share of total exports.

The United States, with a CAGR of +24.6%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average dried grapes export price stood at $X per ton in 2022, picking up by 2.6% against the previous year. Overall, the export price, however, showed a perceptible decrease. The pace of growth appeared the most rapid in 2018 when the average export price increased by 20%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Algeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+0.8%), while the prices for the other major destinations experienced a decline.

Dried Grapes Imports

Imports into South Africa

In 2022, the amount of dried grapes imported into South Africa declined to X tons, waning by -10.3% compared with the year before. Over the period under review, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 221%. Over the period under review, imports attained the peak figure at X tons in 2021, and then reduced in the following year.

In value terms, dried grapes imports reduced to $X in 2022. Overall, imports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 681% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Namibia (X tons) constituted the largest dried grapes supplier to South Africa, with a 77% share of total imports. Moreover, dried grapes imports from Namibia exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume from Namibia totaled +29.2%.

In value terms, Turkey ($X) constituted the largest supplier of dried grapes to South Africa, comprising 84% of total imports. The second position in the ranking was taken by Namibia ($X), with a 16% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Turkey amounted to +35.0%.

Import Prices by Country

In 2022, the average dried grapes import price amounted to $X per ton, dropping by -1.5% against the previous year. In general, the import price faced a abrupt downturn. The most prominent rate of growth was recorded in 2015 an increase of 158%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Namibia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Afghanistan (+1.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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