Report Update Nov 1, 2024

South Africa - Yams - Market Analysis, Forecast, Size, Trends and Insights

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South Africa: Yams Market 2024

Yams Market Size in South Africa

The South African yams market soared to $X in 2022, rising by 32% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a significant expansion. Over the period under review, the market reached the peak level in 2022 and is likely to continue growth in years to come.

Yams Exports

Exports from South Africa

After two years of growth, shipments abroad of yams decreased by -97% to X kg in 2022. Over the period under review, exports faced a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 4,172% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, yams exports declined significantly to $X in 2022. In general, exports faced a dramatic contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 13,150%. As a result, the exports attained the peak of $X, and then shrank rapidly in the following year.

Exports by Country

Swaziland (X kg) was the main destination for yams exports from South Africa, with a 70% share of total exports. Moreover, yams exports to Swaziland exceeded the volume sent to the second major destination, Botswana (X kg), fivefold. The third position in this ranking was taken by Lesotho (X kg), with a 6.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Swaziland amounted to +12.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Botswana (+39.0% per year) and Lesotho (+2.7% per year).

In value terms, the largest markets for yams exported from South Africa were Swaziland ($X), Botswana ($X) and Namibia ($X), with a combined 87% share of total exports.

Botswana, with a CAGR of +23.1%, recorded 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 yams export price stood at $X per ton in 2022, dropping by -63.2% against the previous year. Overall, the export price recorded a abrupt decline. The pace of growth appeared the most rapid in 2021 an increase of 210% against the previous year. As a result, the export price attained the peak level of $X per ton, and then fell remarkably in the following year.

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 Mozambique ($X per ton), while the average price for exports to Swaziland ($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 the Netherlands (+16.6%), while the prices for the other major destinations experienced more modest paces of growth.

Yams Imports

Imports into South Africa

Yams imports into South Africa surged to X tons in 2022, growing by 40% compared with 2021 figures. Overall, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2014 with an increase of 636% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, yams imports soared to $X in 2022. In general, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2014 when imports increased by 520%. Imports peaked at $X in 2018; afterwards, it flattened through to 2022.

Imports by Country

In 2022, Ghana (X tons) was the main supplier of yams to South Africa, accounting for a 96% share of total imports. It was followed by Nigeria (X tons), with a 2.3% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Ghana stood at +46.3%.

In value terms, Ghana ($X) constituted the largest supplier of yams to South Africa, comprising 98% of total imports. The second position in the ranking was taken by Nigeria ($X), with a 0.4% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Ghana stood at +50.4%.

Import Prices by Country

In 2022, the average yams import price amounted to $X per ton, shrinking by -8.3% against the previous year. In general, the import price, however, posted a pronounced expansion. The pace of growth appeared the most rapid in 2017 an increase of 49% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 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 Ghana ($X per ton), while the price for Nigeria totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (+2.8%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for yams in the world?

The country with the largest volume of yams consumption was Nigeria, comprising approx. 67% of total volume. Moreover, yams consumption in Nigeria exceeded the figures recorded by the second-largest consumer, Ghana, sixfold. The third position in this ranking was occupied by Cote d'Ivoire, with a 10% share.

What are the largest producers of yams in the world?

Nigeria constituted the country with the largest volume of yams production, comprising approx. 67% of total volume. Moreover, yams production in Nigeria exceeded the figures recorded by the second-largest producer, Ghana, sixfold. Cote d'Ivoire ranked third in terms of total production with a 10% share.

What are the leading suppliers of yams to South Africa?

In value terms, Ghana constituted the largest supplier of yams to South Africa.

What are the leading importers of yams from South Africa?

In value terms, the largest markets for yams exported from South Africa were Swaziland $104), Namibia $65) and Lesotho $30), together accounting for 22% of total exports.

What is the average export price for yams in South Africa?

In 2020, the average yams export price amounted to $1,283 per ton, jumping by 83% against the previous year.

What is the average import price for yams in South Africa?

The average yams import price stood at $539 per ton in 2020, which is down by -27.2% against the previous year.

This report provides an in-depth analysis of the yams 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 137 - Yams

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023