Swaziland: Almond Market 2020

Almond Market Size in Swaziland

The revenue of the almond market in Swaziland amounted to $X in 2018, rising by X% against the previous year. In general, almond consumption continues to indicate resilient growth. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. In that year, the almond market reached its peak level and is likely to continue its growth in the immediate term.

Almond Production in Swaziland

In value terms, almond production totaled $X in 2018 estimated in export prices. Over the period under review, almond production continues to indicate extraordinary growth. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. In that year, almond production attained its peak level and is likely to continue its growth in the immediate term.

Average yield of almonds in Swaziland totaled X ton per ha in 2018, rising by X% against the previous year. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2012 when yield increased by X% year-to-year. In that year, the almond yield reached its peak level of X ton per ha. From 2013 to 2018, the growth of the almond yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the harvested area of almonds in Swaziland amounted to X ha, remaining stable against the previous year. Over the period under review, the almond harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when harvested area increased by X% year-to-year. Over the period under review, the harvested area dedicated to almond production attained its maximum at X ha in 2007; however, from 2008 to 2018, harvested area stood at a somewhat lower figure.

Almond Exports

Exports from Swaziland

In 2018, the exports of almonds from Swaziland amounted to X tons, picking up by X% against the previous year. Overall, the total exports indicated a strong increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, almond exports increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. In that year, almond exports reached their peak and are likely to continue its growth in the immediate term.

In value terms, almond exports stood at $X in 2018. In general, almond exports continue to indicate a skyrocketing expansion. The growth pace was the most rapid in 2018 when exports increased by X% year-to-year. In that year, almond exports attained their peak and are likely to continue its growth in the immediate term.

Exports by Country

The U.S. was the main exporting country with an export of around X tons, which amounted to X% of total exports. It was distantly followed by China, Hong Kong SAR (X tons), Australia (X tons) and Benin (X tons), together generating a X% share of total exports.

Exports from the U.S. increased at an average annual rate of +X% from 2007 to 2018. At the same time, China, Hong Kong SAR (+X%) and Australia (+X%) displayed positive paces of growth. Moreover, China, Hong Kong SAR emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Benin experienced a relatively flat trend pattern. From 2007 to 2018, the share of the U.S., China, Hong Kong SAR and Australia increased by +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) remains the largest almond supplier from Swaziland, comprising X% of global exports. The second position in the ranking was occupied by Australia ($X), with a X% share of global exports. It was followed by China, Hong Kong SAR, with a X% share.

In the U.S., almond exports increased at an average annual rate of +X% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Australia (+X% per year) and China, Hong Kong SAR (+X% per year).

Export Prices by Country

The almond export price in Swaziland stood at $X per ton in 2018, going up by X% against the previous year. In general, the almond export price continues to indicate remarkable growth. The pace of growth was the most pronounced in 2018 when the export price increased by X% against the previous year. In that year, the export prices for almonds reached their peak level and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Australia ($X per ton), while Benin ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Almond Imports

Imports into Swaziland

In 2018, the amount of almonds imported into Swaziland amounted to X tons, stabilizing at the previous year. In general, almond imports, however, continue to indicate a sharp descent. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, almond imports attained their peak figure at X tons in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, almond imports stood at $X in 2018. In general, almond imports, however, continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2017 when imports increased by X% y-o-y. Over the period under review, almond imports reached their peak figure at $X in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

Imports by Country

India was the major importer of almonds in the world, with the volume of imports reaching X tons, which was approx. X% of total imports in 2018. Vietnam (X tons) took a X% share (based on tons) of total imports, which put it in second place, followed by China, Hong Kong SAR (X%). Turkey (X tons), the United Arab Emirates (X tons), China (X tons) and Spain (X tons) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to almond imports into India stood at +X%. At the same time, Vietnam (+X%), China, Hong Kong SAR (+X%), Turkey (+X%), China (+X%), the United Arab Emirates (+X%) and Spain (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. While the share of India (+X p.p.), Vietnam (+X p.p.), China, Hong Kong SAR (+X p.p.) and Turkey (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported almonds into Swaziland, comprising X% of global imports. The second position in the ranking was occupied by Vietnam ($X), with a X% share of global imports. It was followed by China, Hong Kong SAR, with a X% share.

In India, almond imports increased at an average annual rate of +X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: Vietnam (+X% per year) and China, Hong Kong SAR (+X% per year).

Import Prices by Country

In 2018, the almond import price in Swaziland amounted to $X per ton, leveling off at the previous year. Overall, the almond import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of X% y-o-y. In that year, the import prices for almonds reached their peak level of $X per ton. From 2017 to 2018, the growth in terms of the import prices for almonds remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2018, major importing countries recorded the following prices: in India ($X per ton) and China ($X per ton), while Spain ($X per ton) and Vietnam ($X per ton) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform