In 2023, the nuts import volume in South Africa stood at 17.1 thousand metric tons. Moving forward, the forecasted data predicts a steady increase as follows:
• 2024: 17.5 thousand metric tons
• 2025: 17.9 thousand metric tons
• 2026: 18.3 thousand metric tons
• 2027: 18.7 thousand metric tons
• 2028: 19.1 thousand metric tons
The year-on-year percentages show a consistent upward trend:
• From 2024 to 2025: +2.3%
• From 2025 to 2026: +2.2%
• From 2026 to 2027: +2.2%
• From 2027 to 2028: +2.1%
The compound annual growth rate (CAGR) from 2023 to 2028 reflects an average annual growth of approximately 2.2%.
Future trends to watch for include the impact of global supply chain dynamics, changes in domestic demand due to economic conditions, and potential shifts in trade policies affecting import volumes. Sustainable sourcing and increasing consumer preference for healthy snacks may also influence future import trends.