The export of dried fruits from South Africa has displayed a general upward trend from 2013 to 2023, with the value reaching 45.163 million USD in 2023. The market often benefited from periodic surges, such as the sharp increases in 2015 and 2021, with year-on-year variations of 11.48% and 25.35% respectively. However, the market also experienced volatility, notably in 2020, where there was a significant drop of 13.43%. The compound annual growth rate (CAGR) over the past five years (2018-2023) was 4.02%.
Looking ahead to the period from 2024 to 2028, the forecasted trend suggests continued growth, though at a slower pace with a forecasted 5-year CAGR of 2.62% and an overall growth rate of 13.78%.
Future trends to watch for:
- Impact of global trade policies and tariffs on export volumes.
- Changes in consumer preferences towards healthier and natural snack options.
- Effect of climate change on fruit production and quality.
- Advancements in drying technologies that can affect the cost and quality of dried fruits.
