South Africa's fresh grape imports have shown substantial growth from 2013 to 2023. Starting at 4.63 million kilograms in 2013, by 2023, this figure had increased to 10.5 million kilograms, indicating a sustained upward trend. Year-on-year variations reveal fluctuating growth rates, with a notable spike in 2016 at 18.95% and a more moderate increase of 4.3% in 2023. The compound annual growth rate (CAGR) over the past five years was 4.17%, reflecting a steady upward trajectory.
Noteworthy points include:
- From 2013 to 2023, South Africa saw consistent increases aside from minor declines in 2015 and 2019.
- The variations in CAGR reveal an overall rise, peaking in certain years such as 2014 and 2017.
- Recent growth patterns indicate slower yet steady increases, with the latest year-on-year variation (2023) at 4.3%.
Future trends to watch include:
- Projected imports from 2024 to 2028 show continued growth, with a forecasted five-year CAGR of 2.82%.
- The overall forecasted growth rate for this period is 14.9%, suggesting a stable demand for fresh grapes.
- Monitoring economic and climatic factors that could influence import volumes will be crucial.
