South Africa: Sugar Crop Market 2024

Sugar Crop Market Size in South Africa

The South African sugar crop market stood at $X in 2022, picking up by X% against the previous year. In general, the total consumption indicated notable 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. Sugar crop consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Sugar Crop Production in South Africa

In value terms, sugar crop production stood at $X in 2022 estimated in export price. Overall, production recorded a prominent expansion. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

The average yield of sugar crops in South Africa reached X tons per ha in 2022, flattening at 2021. In general, the yield, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the yield increased by X% against the previous year. The sugar crop yield peaked at X tons per ha in 2013; however, from 2014 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of sugar crops were harvested in South Africa; approximately equating 2021 figures. Over the period under review, the harvested area recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, the harvested area reached the peak level of X ha. From 2020 to 2022, the growth of the sugar crop harvested area remained at a somewhat lower figure.

Sugar Crop Exports

Exports from South Africa

After two years of growth, shipments abroad of sugar crops decreased by X% to X tons in 2022. Overall, exports saw a significant decline. The pace of growth was the most pronounced in 2020 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, sugar crop exports reduced markedly to $X in 2022. Over the period under review, exports faced a precipitous setback. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Lesotho (X tons) was the main destination for sugar crop exports from South Africa, with a X% share of total exports. Moreover, sugar crop exports to Lesotho exceeded the volume sent to the second major destination, Italy (X tons), threefold. Botswana (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Lesotho totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Botswana (X% per year).

In value terms, Italy ($X) emerged as the key foreign market for sugar crops exports from South Africa, comprising X% of total exports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total exports. It was followed by Lesotho, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (X% per year) and Lesotho (X% per year).

Export Prices by Country

In 2022, the average sugar crop export price amounted to $X per ton, increasing by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. The export price peaked 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Botswana ($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 Australia (X.2%), while the prices for the other major destinations experienced more modest paces of growth.

Sugar Crop Imports

Imports into South Africa

In 2022, purchases abroad of sugar crops decreased by X% to X tons, falling for the fifth year in a row after three years of growth. In general, imports continue to indicate a precipitous decrease. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, sugar crop imports shrank notably to $X in 2022. Overall, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

Uganda (X kg), Sudan (X kg) and Italy (X kg) were the main suppliers of sugar crop imports to South Africa, with a combined X% share of total imports. China, Mozambique, India and Namibia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Mozambique (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of sugar crops to South Africa, comprising X% of total imports. The second position in the ranking was taken by Namibia ($X), with a X% share of total imports. It was followed by Sudan, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Italy totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Namibia (X% per year) and Sudan (X% per year).

Import Prices by Country

In 2022, the average sugar crop import price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price posted significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Namibia ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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