Forecast: Nuts Export Volume in South Africa

In 2023, the nuts export volume in South Africa stood at 58.97 thousand metric tons. Based on the forecast data, the market is projected to see a steady increase in export volumes, growing from 60.21 thousand metric tons in 2024 to 64.61 thousand metric tons by 2028. The year-on-year variations illustrate a consistent growth pattern: 2024 to 2025 shows a 1.9% increase, 2025 to 2026 a 1.83% increase, 2026 to 2027 a 1.75% increase, and 2027 to 2028 a 1.67% increase. The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is approximately 1.76%.

Future trends to watch for include potential shifts in global demand, changes in South African agricultural policies, and impacts from climate change which could affect the yield and quality of nut production. Additionally, international trade agreements and tariffs could influence the competitive positioning of South African nuts in the global market. Sustainable farming practices and innovations in nut processing and packaging could provide further growth opportunities.

Top Countries about Nuts