SA stock levels decline

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28 December 2022
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Year-on-year decrease seen at end of year.

THE average stock levels in South Africa declined at the end of 2022, according to Potatoes SA.

In November 2022, the average daily stock levels on the fresh produce markets were 891 thousand 10 kg bags per day, which is approximately 267 thousand 10 kg bags more than the previous month. Year on year, average stock levels declined by 13% and there were on average 127 thousand 10 kg bags less available daily.

The average daily price during November 2022 varied between R34.40 and R55.01 per 10 kg bag and showed a significantly smaller variation than in 2021 for the same period. The average monthly price increased by 14% year on year. The average monthly price for all sizes and classes was R44.43 where the average monthly price for class 1 Medium ended at R45.75 per 10 kg bag.

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The average weekly price was up 23% week-on-week.

As prices grow, margins are tight in SA province
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