The import of fruits and spores seeds for sowing to South Africa has demonstrated significant fluctuation between 2013 and 2023, with volumes reaching 580.28 thousand kilograms in 2023. Key points include notable high points in 2015 and 2018, with substantial growth and declines year-over-year. The last two years saw moderate growth with year-on-year increases of 2.25% in 2022 and 2.16% in 2023. The last five-year CAGR stood at a modest -0.58%, indicating a slight overall decline. From 2024 onwards, the forecast shows a gradual increase, with an average annual growth rate of 1.65%, projecting a total rise of 8.53% over the next five years.
Future trends to watch for include:
- Changes in global agricultural policies or trade agreements affecting import tariffs and regulations.
- Climatic and environmental factors impacting the production and demand for certain fruit and spore seed varieties.
- Advancements in agricultural technology and seed quality influencing the import demand.
