South Africa: Asparagus Market 2024

Asparagus Market Size in South Africa

The South African asparagus market dropped dramatically to $X in 2023, waning by X% against the previous year. Overall, consumption showed a pronounced reduction. Asparagus consumption peaked at $X in 2019; however, from 2020 to 2023, consumption remained at a lower figure.

Asparagus Production in South Africa

In value terms, asparagus production contracted slightly to $X in 2023 estimated in export price. In general, production recorded a noticeable slump. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2023, production remained at a lower figure.

The average yield of asparagus in South Africa reached X tons per ha in 2023, surging by X% on 2022. Over the period under review, the yield saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2022 to 2023, the growth of the average asparagus 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 2023, the harvested area of asparagus in South Africa reduced to X ha, with a decrease of X% against the year before. In general, the harvested area recorded a abrupt setback. The pace of growth was the most pronounced in 2022 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to asparagus production attained the maximum at X ha in 2013; however, from 2014 to 2023, the harvested area stood at a somewhat lower figure.

Asparagus Exports

Exports from South Africa

In 2023, the amount of asparagus exported from South Africa soared to X tons, picking up by X% on 2022. In general, exports posted a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, asparagus exports soared to $X in 2023. Over the period under review, exports recorded a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X tons) was the main destination for asparagus exports from South Africa, with a X% share of total exports. Moreover, asparagus exports to Italy exceeded the volume sent to the second major destination, Mozambique (X tons), fourfold. The third position in this ranking was held by Namibia (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Italy amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mozambique (X% per year) and Namibia (X% per year).

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

From 2012 to 2023, the average annual growth rate of value to Italy totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mozambique (X% per year) and Botswana (X% per year).

Export Prices by Country

In 2023, the average asparagus export price amounted to $X per ton, shrinking by X% against the previous year. Overall, the export price showed a noticeable contraction. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Botswana ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Asparagus Imports

Imports into South Africa

In 2023, approx. X tons of asparagus were imported into South Africa; with a decrease of X% compared with the year before. Overall, imports, however, continue to indicate a resilient increase. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

In value terms, asparagus imports expanded sharply to $X in 2023. In general, imports continue to indicate a noticeable descent. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Nigeria (X tons) constituted the largest supplier of asparagus to South Africa, accounting for a X% share of total imports. Moreover, asparagus imports from Nigeria exceeded the figures recorded by the second-largest supplier, Namibia (X tons), fivefold. India (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Nigeria stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Namibia (X% per year) and India (X% per year).

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

From 2012 to 2023, the average annual growth rate of value from Namibia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Nigeria (X% per year) and the United States (X% per year).

Import Prices by Country

The average asparagus import price stood at $X per ton in 2023, rising by X% against the previous year. Over the period under review, the import price, however, recorded a abrupt decrease. The import price peaked at $X per ton in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2023, 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