South Africa: Sugar Crop Market 2024

Sugar Crop Market Size in South Africa

In 2022, the South African sugar crop market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. In general, the total consumption indicated a notable expansion 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. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Sugar Crop Production in South Africa

In value terms, sugar crop production contracted to $X in 2022 estimated in export price. Over the period under review, production enjoyed a notable expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

In 2022, the average sugar crop yield in South Africa declined slightly to X tons per ha, reducing by X% compared with 2021 figures. Over the period under review, the yield, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X%. The sugar crop yield peaked at X tons per ha in 2013; however, from 2014 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the sugar crop harvested area in South Africa expanded notably to X ha, growing by X% on the previous year's figure. Overall, the harvested area saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, the harvested area reached the peak level of X ha. From 2019 to 2022, the growth of the sugar crop harvested area failed to regain momentum.

Sugar Crop Exports

Exports from South Africa

In 2022, shipments abroad of sugar crops decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports saw a deep reduction. The growth pace was the most rapid in 2020 when exports increased by 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 shrank rapidly to $X in 2022. In general, exports showed a sharp decrease. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

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), more than tenfold. Botswana (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Lesotho amounted to 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 ($X) emerged as the key foreign market for sugar crops exports from South Africa, comprising X% of total exports. The second position in the ranking was held by Malaysia ($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, reducing by X% against the previous year. Over the period under review, the export price showed a abrupt slump. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Lesotho ($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, supplies from 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 recorded a precipitous slump. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, sugar crop imports contracted notably to $X in 2022. Over the period under review, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Over the period under review, imports attained the maximum 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 accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mozambique (with a CAGR of X%), while imports 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 rate of growth in terms of value from Italy amounted to 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

The average sugar crop import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price showed a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: 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

Frequently Asked Questions (FAQ) :