The import of vegetable, fruit, nut, and food preparations to South Africa in 2023 stood at 269.04 million US dollars. From 2013 to 2023, the market experienced fluctuations, with significant drops in 2015 and 2016, followed by a recovery phase. Between 2021 and 2023, there was a steady increase with year-on-year variations of 2.69% and 2.57%, indicating a positive trend post-2020.
Future forecast suggests a continued growth trend, albeit at a slower pace, with a CAGR of 1.94% over the next five years, culminating in a 10.06% total growth by 2028.
Future trends to watch include:
- Potential impacts of global trade dynamics and geopolitical influences.
- The effect of local agricultural policies and incentives.
- Evolving consumer preferences towards healthy and organic food options.
- Technological advancements in food preservation and storage affecting import demand.