Key Industry Statistics 2021

Key Industry Statistics 2021

page 2 Summary This report is published by Raisins South Africa. The aim of the report is to analyse the supply, demand and market prices for raisins globally. The aforesaid is done in context to the macro-economic environment and include factors such as relative exchange rates of key markets, inflationary growth in key markets and industry socio-economic production areas of the South African Raisin Industry. The raisin industry plays an important part in the rural areas of South Africa, as a critical economic activity to unlock employment, earning of income and general economic activity through direct, indirect and induced economic linkages. It presents the latest validated data on market size, availability for consumption of domestic production, exports and imports and also provides some key industry insight. The report is comprised of 6 sections: Section 1 Macro-economic indicators Section 2 The Global Vitiviniculture industry in perspective Section 3 Production statistics Section 4 Market demand statistics Section 5 Historical price movement Section 6 Socio-economic impact Updated by Ferdie Botha, Madene Conradie and Victoria Ramafoko Disclaimer: The views expressed in this document reflect those of Raisins South Africa and do not constitute any specific advice as to decisions or actions that should be taken. Whilst every care has been taken in preparing this document, no representation, warranty, or undertaking (expressed or implied) is given and no responsibility or liability is accepted by Raisins South Africa as to the accuracy or completeness of the information contained herein. In addition, Raisins South Africa accepts no responsibility or liability for any damages / benefits of whatsoever nature which any person may suffer as a result of any decision or action taken on the basis of the information contained herein. All opinions and estimates contained in this report may be changed after publication at any time without notice.

page 3 Laat jou plaas RAISINS SOUTH AFRICA / KEY INDUSTRY STATISTICS / 2021 aanhou groei met FNB Ons verstaan dat boerdery onvoorspelbaar en uitdagend, maar terselfdertyd belonend kan wees. Daarom bied ons jou ´n wye reeks van finansiële dienste, sowel as betroubare en koste-effektiewe finansiering van energie vir die volhoubare groei van jou besigheid in ´n snel veranderende landbou omgewing. Praat met ´n verhoudingsbestuurder by jou naaste FNB-tak of stuur ´n epos aan [email protected] vir bankdienste-oplossings wat jou help om jou boerdery te laat groei. Bank van #TheChangeables 2020 2020 BrandZ™ Most Valuable Brands 2020 Global SME Finance Awards Bepalings en voorwaardes geld. BSuekpseaslvinolglesaeannsoveokoeriws oanadredreheswgigealda.n finale kredietgoedkeuring. ´n Afdeling van FirstRand Bank Beperk. ´n Gemagtigde Verskaffer van Finansiële Dienste en Krediet (NRCPCP20).

page 4 Belê in oplossings vir alternatiewe energie Ons verstaan die uitdagings verbonde aan energiekostes en hoe die verskaffing daarvan besighede landwyd kan beïnvloed. By FNB bied ons finansiering van oplossings vir alternatiewe energie, wat besparings oor die langtermyn kan verskaf én sal help met ononderbroke besigheidsproduktiwiteit. Praat met ´n verhoudingsbestuurder by jou naaste FNB-tak of stuur ´n epos aan [email protected] vir meer inligting. Bank van #TheChangeables 2020 2020 BrandZ™ Most Valuable Brands 2020 Global SME Finance Awards Bepalings en voorwaardes geld. BSuekpseaslvinolglesaeannsoveokoeriws oanadredreheswgigealda.n finale kredietgoedkeuring. ´n Afdeling van FirstRand Bank Beperk. ´n Gemagtigde Verskaffer van Finansiële Dienste en Krediet (NRCPCP20).

Table of Contents page 5RAISINS SOUTH AFRICA / KEY INDUSTRY STATISTICS / 2021 Area under cultivation 3 Production statistics South African Raisin 3.1 Global production Production Cycle 3.2 Estimated production 2019/20 1 Macro-economic indicators 3.3 South Africa’s crop production 3.4 Area planted per cultivar; 1.1 GDP growth, selected markets contribution to total dry grape production 1.2 Exchange rates, selected key 3.5 Plant material currencies 3.6 Raisin crop distribution 4 Market demand statistics 1.3 Inflation and Producer Production 4.1 Global market size Inflation growth, South Africa 4.2 Global exports 4.3 South African raisin exports 1.4 Interest rates per season; exports per market segment 1.5 Minimum wage for farm workers 5 Historical price movements 5.1 Historical price movement 1.6 South Africa fuel price trend 5.2 Export versus production 5.3 Historical price trends: raisin 1.7 South Africa electricity producer prices; historical raisin price trend 6 Socio-economic impact 1.8 Industry resource effectiveness 6.1 Macro-economic impact 6.2 Industry fiscal impact 2 The Global Vitiviniculture 6.3 Job creation industry in perspective 2.1 Total vineyard area (ha), global production (to) and four main value chains internationally 2.2 Relative size of key grape value chains

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page 7 Area under cultivation TOTAL: Raisin hectares 13,462 (ha) TOTAL: Production tonnes 71,701 (ton) Northern Cape - Hectares 12,118 (90.02%) RAISINS SOUTH AFRICA / KEY INDUSTRY STATISTICS / 2021 - Production tonnes 59,688 ton (85.53%) 1,344 (9,98%) Western Cape - Hectares 12,013 ton (14.47%) - Production tonnes

page 8 South African raisin production cycle Physiological calendar per cultivar Week 35 36 37 38 40 40 41 42 43 44 45 46 47 Thompson Seedless Merbein Seedless Selma Pete Sugrathirtynine Sundowner Diamond Muscat Zante Korente Summer Muscat Bud Flowering Figure 1: Physiological calendar per cultivar

page 9Sundried SA Sultana 48 49 50 51 52 1 2 3 4 5 6 7 8OR Sulphur Veraison Harvest Type of raisins RAISINS SOUTH AFRICA / KEY INDUSTRY STATISTICS / 2021

page 10 Pioneer Foods is one of the largest South African producers and distributors of a range of branded food and beverage products. The Group operates mainly across South Africa, providing wholesale, retail and informal trade customers with products of a consistently high standard. Pioneer Foods exports to more than 60 countries across the globe. The Group operates a number of world-class production facilities producing a range of products that includes some of the most recognisable and best loved brand names in South Africa, including the following power brands: Weet-Bix, Liqui-Fruit, Ceres, Sasko, Safari, Spekko and White Star. Louisvale Rd Upington 8801 054 337 0185 054 334 0185 [email protected]

page 11 1 Macro-economic indicators 1.1 GDP growth, selected markets Table 1: GDP growth, selected markets Country Name 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 India 8,5 5,2 5,5 6,4 7,4 8,0 8,2 7,2 7,0 5,0 -8,0 China 10,6 9,6 7,9 7,8 7,3 6,9 6,7 6,8 6,6 6,1 2,3 RAISINS SOUTH AFRICA / KEY INDUSTRY STATISTICS / 2021 United States 2,6 1,6 2,2 1,8 2,5 2,9 1,6 2,2 2,9 2,3 -3,5 Australia 2,1 2,5 3,9 2,6 2,6 2,3 2,8 2,3 2,8 1,9 -0,3 Netherlands 1,3 1,6 -1,0 -0,1 1,4 2,0 2,2 2,9 2,6 1,8 -3,8 France 1,9 2,2 0,3 0,6 1,0 1,1 1,1 2,3 1,7 1,5 -7,9 Norway 0,7 1,0 2,7 1,0 2,0 2,0 1,2 2,0 1,4 1,20 -0,80 Germany 4,1 3,7 0,5 0,5 2,2 1,7 2,2 2,2 1,4 0,6 -4,6 UK 1,7 1,6 1,4 2,0 2,9 2,3 1,8 1,8 1,4 1,4 -9,8 Japan 4,2 -0,1 1,5 2,0 0,4 1,2 0,6 1,9 0,8 0,7 -5,8 South Africa 3,0 3,3 2,2 2,5 1,8 1,2 0,4 1,4 0,8 0,2 -7,0 Source: World Bank (2021)

page 12 1.2 Exchange rates, selected key currencies 25,00 USD/Euro USD/ZAR EUR/ZAR GBP/ZAR ZAR/JPY 21,80 21,38 20,00 18,83 18,91 15,00 19,48 19,98 18,34 17,25 16,01 10,00 17,86 17,16 17,63 6,45 6,71 5,00 16,30 15,10 16,28 12,82 13,01 14,40 14,14 15,60 10,10 10,84 13,23 12,05 11,62 9,65 14,71 15,04 14,53 10,99 12,75 13,31 10,55 11,31 9,71 10,08 9,71 9,71 9,52 8,21 7,41 8,40 8,33 7,52 7,32 7,25 1,32 1,39 1,29 1,33 1,33 1,11 1,11 1,13 1,18 1,12 1,09 1,18 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 0,0 2010 Figure 2: Key currencies average exchange rate (2010 – 2021) Source : IDC, Economic Unit (2021)

page 13 1.3 Inflation and Producer Production Inflation growth, South Africa Table 2: Inflation rates in South Africa (2010 – 2021) Inflation 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 CPI 4,3 5,0 5,6 5,8 6,1 4,6 6,3 5,3 4,6 4,5 3,5 4,7 (headline) CPI (food) 0,8 7,3 7,4 5,9 7,9 5,1 10,8 7,0 3,3 3,4 6,3 5,7 PPI (total) 1,9 5,7 4,9 6,0 7,4 3,6 7,1 4,9 5,5 5,0 5,0 4,4 Source: IDC, Economic Unit (2021) RAISINS SOUTH AFRICA / KEY INDUSTRY STATISTICS / 2021 1.4 Interest rates 9,25 9,75 10,50 10,25 10,25 10,00 7,25 6,25 7,00 6,75 6,75 6,50 6,75 12,00 5,75 3,75 10,00 9,17 9,00 3,50 8,50 8,50 8,00 6,00 5,67 5,55 5,00 5,00 4,00 2,00 Repurchase (repo) rate Prime overdraft rate 0,0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Figure 3: South Africa (2010 – 2021) Source: IDC, Economic Unit (2021)

page 14 RedSun RAISINS Taste the African Sun. It's natural energy. RS - Round logo (25cmx25cm).indd 1 2015/08/20 9:51 AM Taste the African Sun. It’s natural energy. Delivering quality sun-dried, South African Raisins, supported by efficient and personal service. RedSun Raisins is a privately owned, South African RedSun Raisins is in the forefront of the ambitious, company, established in 2009. We are processors of new generation of raisin processors in South Africa. high quality raisins which are produced along the banks of the Orange River, in the Northern Cape We believe that our solid, international marketing Province, of South Africa. The Orange River, is well network will ensure the development of our business, known for fresh table grapes and raisins, both of the and with us, the continued prosperity of the 250 very highest quality. growers along the Orange River, who deliver their raisins to us. 054-337 8660 [email protected] www.redsun.co.za N14 2km Buite Keimoes, Keimoes, Northern Cape

1.5 Minimum wage for farm workers page 15 Table 3: Hourly rate in Rand paid to farm workers (2008 – 2021) % Increase year-on-year Year Rand/hour Rand/month - 1/1/2008 R 5.59 R 1 090.00 13% R 1 231.70 7% 1/3/2009 R 6.31 R 1 316.69 4% R 1 375.94 9% 1/3/2010 R 6.74 R 1 503.90 51% RAISINS SOUTH AFRICA / KEY INDUSTRY STATISTICS / 2021 R 2 274.82 6% 1/3/2011 R 7.04 R 2 420.41 8% R 2 606.78 7% 1/3/2012 R 7.71 R 2 778.83 8% R 3 001.13 6% 1/3/2013 R 11.66 R 3 169.19 7% R 3 511.00 4% 1/3/2014 R 12.41 R 3 639.80 16% R 4 225.81 1/3/2015 R 13.37 1/3/2016 R 14.25 1/3/2017 R 15.39 1/3/2018 R 16.25 1/1/2019 R 18.00 3/3/2020 R 18.68 1/3/2021 R 21.69 Source: http://lwo.co.za/?s=minimum+wage+2021

page 16 Retail price (Rand/Liter)1.6 South Africa fuel price trend Figure 4: Average fuel price for diesel R18 R16 R14 R12 R10 R8 R6 R4 R2 R0 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Source: aa.co.za Price - 500ppm diesel 2 per. Mov. Avg. (Price - 500ppm diesel) VISION MISSION Enabling a skilled To increase access to relevant and prosperous skills that are impact-driven agricultural sector. through strategic partnerships and credible research leading to inclusive economic growth. AgriSETA House, 529 Belvedere St, Arcadia, 0083, Box 23378, Gezina, 0031 T. + 27 (0) 12 301 5600 | E. [email protected] | www.agriseta.co.za

Figure 5: Average rate cent/kWH Cent 200 1.7 South Africa electricity price trend (2003 – 2021) 180 160 Source: Eskom (2020) 140 120 100 80 60 40 20 0 2003/04 2004/05 2005/06 2006/07 2007/08 2008/09 2009/10 2010/11 2011/12 2012/13 2013/14 2014/15 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 2003/04 2004/05 2005/05 2006/07 2007/08 2008/09 2009/10 2010/11 2011/12 2012/13 2013/14 2014/15 2015/16 2016/17 2017/18 2018/10 2019/20 2020/21 Average 16.68c 16.82c 17.69c 18.38c 19.89c 25.65c 33.39c 43.94c 52.50c 61.25c 65.48c 70.10c 78.30c 84.70c 86.07c 88.50c 97.35c 111.95c Standard 15.25c 15.19c 16.13c 16.88c 18.21c 23.29c 30.84c 39.53c 48.03c 54.59c 60.67c 65.92c 74.11c 81.38c 83.71c 88.53c 97.38c 111.99c tariff price (Excl NPA and Int’l) Local- Authorities Residential 36.58c 38.70c 40.08c 41.74c 44.56c 53.43c 63.98c 66.45c 77.50c 87.05c 92.41c 98.06c 108.11c 118.60c 118.56c 125.73c 138.3c 159.05c Commercial 20.62c 21.88c 22.69c 23.50c 24.85c 31.61c 40.97c 52.63c 63.92c 73.24c 82.67c 89.16c 100.07c 109.09c 111.25c 117.30c 129.03c 148.39c Mining 15.07c 15.36c 16.19c 16.90c 17.99c 23.12c 30.25c 39.78c 48.10c 55.74c 64.66c 69.52c 78.01c 84.80c 86.91c 91.64c 100.8c 115.92c Agriculture 29.14c 30.83c 32.86c 33.69c 35.91c 45.78c 58.96c 72.72c 87.22c 99.75c 108.75c 115.66c 128.19c 141.70c 142.78c 149.79c 164.77c 189.48c Traction 18.98c 19.37c 20.25c 21.05c 23.31c 29.78c 38.23c 48.55c 56.24c 68.66c 77.34c 83.63c 96.60c 104.95c 100.10c 110.17c 121.19c 139.36c *New rates are not available on Eskom’s site. A 10% and 15% increase was added for 2019/20 and 2020/21 respectively for all categories. page 17 RAISINS SOUTH AFRICA / KEY INDUSTRY STATISTICS / 2021

page 18 1.8 Industry resource effectiveness Table 4: Effectiveness of resources use GDP/Capital Ratio Labour/Capital Low/Total Household Ratio Income Ratio Theme Results 0.81 5.96 0.22 Comparative Sectoral Results 0.43 4.54 0.17 0.45 2.18 0.19 Agriculture, hunting, 0.47 2.88 0.17 forestry and fishing 0.24 1.13 0.17 0.59 5.99 0.18 Mining and quarrying 0.57 4.52 0.17 0.35 1.95 0.17 Manufacturing 0.44 2.24 0.15 Electricity, gas and water supply 0.78 4.45 0.15 0.45 2.94 0.16 Construction Wholesale and retail trade Transport, storage and communication Financial, insurance, real estate and business services Community, social and personal services Total Source: Conningarth Consultancy (2019)

page 19 2 The Global Vitiviniculture industry in perspective 2.1 Total vineyard area (ha), global production (to) and four main value chains internationally Surface Area 10 tonnes/ha YIELD 7.5 million ha Grape production RAISINS SOUTH AFRICA / KEY INDUSTRY STATISTICS / 2021 GLOBAL GRAPE Surface area PRODUCTION 75 million tonnes LOSS: 2.5 million tonnes Global grape production available 72.6 million tonnes Pressed grape Unpressed grape 39.5 million tonnes 33 million tonnes Production of wine Production of table grapes 35.9 million tonnes 26.8 million tonnes 1.32kg make 1litre of wine 271 million hl Production of musts & juice Production of grapes for dried 3.7 million tonnes grapes 6.2 million tonnes 1.28 kg/l 29 million hl 4kg of grapes makes 1 kg of dried grapes 1.5 million tonnes of dried fruit Figure 6: Summary of vitiviniculture value chain Source: OIV (2019)

page 20 2.2 Relative size of key grape value chains 120% 100% 9% 8% 7% 80% 30% 36% 35% 60% 40% 57% 53% 50% 20% 0% 4% 6% 5% 2000 2015 2018 Juice Wine Table Grapes Dried Grapes Figure 7: Composition and relative size of the four value chains (2000 -2018) Source: OIV (2019)

page 21 3 Production statistics 3.1 Global production China 15,1% 165 �000 United States Uzbekistan 190 �000 18� 000 288% 368 �408 -51,4% Turkey 70 0� 00 RAISINS SOUTH AFRICA / KEY INDUSTRY STATISTICS / 2021 178 888 242 �635 290 000 19,5% Iran 62,5% 160� 000 260 000 Argentina Afghanistan 31� 000 20 5� 00 119% 38� 000 3,45% 45� 000 Chile -18,6% Australia 32,1% 69� 200 10 0� 00 56 320 11 756 South Africa 46 �000 76 000 65,2% 2013/14 2020/21 CAGR 2013 - '21 - increase CAGR 2013 - '21 - decrease Figure 8: World production in tonnes and cumulative annual growth rate Source: Author’s own calculations based on Sultana Conference 2021

page 22 3.2 Estimated production 2019/20 Table 5: Sultana & Raisins (All figures metric tonnes packed weight / Goldens and currants reported separately) Countries Estimated Estimated Estimated Total physical stock production production estimated Iran Northern Southern available Turkey Hemisphere Hemisphere product for USA marketing Indıa Uzbekistan 15 000 200 000 0 215 000 China Argentina 60 000 290 000 0 350 000 Australia Chile 67 250 161 145 0 228 395 S. Africa 0 145 000 0 145 000 0 70 000 0 70 000 0 190 000 0 190 000 1 500 0 45 000 46 500 1 500 0 11 756 13 256 12 000 0 56 320 68 320 1 000 0 58 000 59 000 Total [2021] 158 250 1 056 145 171 076 1 385 471 2020 207 439 1 058 008 172 425 1 437 871 % Diff -23,7 -0,2 -0,8 -3,6 Source: Sultana Conference October 2021

page 23 Estimated Balance Estimated Planned carry Surplus stocks invoiced available physical domestic for export Estimated stock as at out required to to estimated RAISINS SOUTH AFRICA / KEY INDUSTRY STATISTICS / 2021 marketing invoiced 31/08/2021 sales export sales maintain sales and 175 000 40 000 supply between planned 50 000 300 000 153 737 seasons carry out 115 000 74 658 2 000 -- 00 160 000 30 000 5 000 250 000 50 000 0 50 000 6 965 68 000 4 320 50 519 24 138 49 642 0 9 000 30 000 23 000 7 000 5 000 2 000 546 022 41 500 550 448 68 000 0 0 0 4 791 -0,8 25 000 5 000 5 000 0 64 000 39 000 9 000 8 000 1 000 50 000 4 791 1 500 - 0 57 000 7 000 7 000 0 38 000 12 000 11 000 1 000 837 949 555 310 115 638 85 642 54 000 887 423 677 310 210 113 103 857 41 256 30,9 -5,6 -18,0 -45,0 -17,5

page 24 3.2 Estimated production 2019/20 Table 6: Goldens & Currants (All figures metric tonnes packed weight) Countries Estimated Goldens physical stock estimated Greece 31/08/2020 production Iran 2020 crop USA Goldens Goldens Australia 0 S. Africa 0 Total [2021] 5 000 2020 6 305 60 000 % Diff - 16 347 Source: Sultana Conference October 2021 6 000 - 17305 19 935 14 000 -13,2 90347 97 838 -7,7

page 25 Total estimated Estimated Currants Total estimated RAISINS SOUTH AFRICA / KEY INDUSTRY STATISTICS / 2021 available product physical stock estimated available product production for marketing Currants 2020 crop for marketing 5 000 Currants Goldens 0 Currants 0 996 17 000 22 000 - 65 000 500 0 0 22 651 2 392 6 496 1 396 - 6 548 - 20 000 -0,8 1 461 4 500 107 651 4 000 28 892 117 774 45 468 23 857 -36,5 -8,6 38 920 -38,7

page 26 3.3 South Africa’s crop production 120 000 100 000 100 000 85 080 80 000 74 830 71 107 71 701 65 593 TONNES 60 000 50 628 40 000 38 142 20 000 0 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2025 Figure 9: Annual raisin production (1996 – 2025) Source: Raisins SA (2021)

page 27 3.4 Area planted per cultivar; contribution to total dry grape production Table 7: Projected Vine/Tree Census (2021) Commodity: Grapes Primary produce usage: Dried Production region: Orange River & Olifants River Cultivar Description Total HA % of Age 0-3 Age 4-9 Age 10-15 Age 16+ 6306,68 Total 973,73 2464,59 1519,94 1348,43 MBS Merbein Seedless RAISINS SOUTH AFRICA / KEY INDUSTRY STATISTICS / 2021 SUL Sultana Seedless 42% SEE Selma Pete FMS Flame Seedless 3877,06 25,58% 125,03 727,18 489,44 2535,42 STN Sugrathirtynine CRN Currants 1414,58 9,33% 941,09 461,33 2,38 9,78 Other Total 598,45 3,95% 38,61 133,57 109,01 317,27 660,43 4,36% 416,47 220,91 2,00 21,05 716,64 4,73% 39,49 152,56 198,58 326,01 1585,10 10,46% 267,29 468,05 283,88 565,88 1519 100% 2801,69 4628,18 2605,23 5123,83 13573,83 0,90 2534,40 4160,13 2321,35 4557,95 Source: Agrihub (2021)

page 28 3.5 Plant material Certified plant material available 5 000 000 4 500 000 4 000 000 2016 2017 2018 2019 2020 2021 3 500 000 Sugrathirtynine Zante Korente 3 000 000 Merbein Seedless Diamond Muscat Sultanina 2 500 000 Dovine Summer Muscat 2 000 000 1 500 000 1 000 000 500 000 0 2015 Selma Pete Flame Seedless Figure 10: Trends in certified plant material available (2015-2021) (Source: Plant SA)

page 29 Table 8: Percentage of plant material certified (2015-2021) Variety 2015 2016 2017 2018 2019 2020 2021 Selma Pete Merbein Seedless 100% 52% 72% 86% 100% 97% 96% Sugrathirtynine Sultanina 64% 91% 82% 90% 81% 93% 96% Zante Korente Flame Seedless 100% 91% 100% 99% 98% 93% 99% DOVINE Diamond Muscat 72% 93% 85% 96% 77% 49% 91% Summer Muscat 100% 100% 100% 100% 100% 100% 100% RAISINS SOUTH AFRICA / KEY INDUSTRY STATISTICS / 2021 (Source: Plant SA) 95% 98% 88% 99% 99% 100% 100% 51% 69% 100% 94% 43% 100% 100% 100% - 100% - - 100% 100% 100% - 100% 100% 100% - 100% Founded in 1871, we have been in existence for 150 years 2.53 Billion 263 16 Million 10,601 Euro Turnover Offices Worldwide Shipments per Year Employees Services: What do we offer that will make a Hellmann South Africa is difference to your business: represented in Cape Town, Clearing & forwarding Durban, Johannesburg and Warehousing Trade Finance Port Elizabeth Air, ocean & road freight Smart Solutions – tracking platforms that (exports & imports) provides you with the ability to: Manage shipment exceptions proactively Compare performance amongst airlines/shipping lines &/agents. Provide visibility of condition of cargo while in transit Ability to integrate systems through our Business Process Management Team THINKING AHEAD - MOVING FORWARD

page 30 3.6 Raisin crop distribution Table 9: Dried grape product mix (2010-2021) Raisins 2010 2011 2012 2013 2014 2015 OR Sultana 7 269 3 637 4 479 4 978 3 610 5 368 Golden's Thompsons 17 734 7 021 15 800 17 382 12 350 20 028 Thompsons Organic Currants 23 273 15 507 14 788 30 391 27 773 31 502 SA Sultana Flame ------ Other Hanepoot 2 300 2 500 2 820 3 020 2 306 3 625 Total Tonnages - - - - - - % Change year on year - - - - - - - - - - - - Raisins (Continued) 52 35 20 18 12 14 OR Sultana Golden's 50 628 28 700 37 907 55 789 46 051 60 537 Thompsons 55% -43% 32% 47% -17% 31% Thompsons Organic Currants 2016 2017 2018 2019 2020 2021 SA Sultana 12 237 1 491 1 662 Flame 11 593 21 142 25 052 1 592 2 601 717 Other 28 364 36 318 35 062 Hanepoot 1 360 14 507 28 872 15057 Total Tonnages - - 2 329 % Change year on year 2 400 4 482 809 46 318 31 904 33699 2 153 Source: Raisins SA (2021) - 4 - 1 744,53 2151 - - 1 300 - - 1 605 4 523 3585 35 7 - 54 629 65 593 71 107 1 076 4 751 5019 -10% 20% 8% 5 7 6453 5 408 3 428 5019 --- 74 830 85 050 71 701 5% 14% -19%

page 31 BOER JY VIR ’N BETER RAISINS SOUTH AFRICA / KEY INDUSTRY STATISTICS / 2021 TOEKOMS? NEXUSAG BIED PASGEMAAKTE GEWASBESTUUR-OPLOSSINGS om winsgewende boerderybedrywighede te bevorder wat bydra tot die volhoubaarheid van landbou-ondernemings. NexSOLUTIONS NexSERVE NexTECH Verskaf ’n kombinasie van Deel ons gespesialiseerde Pas die jongste tegnologie gewasbeskermings- asook kundigheid deur tegniese en sagteware-oplossings dienste en oplossings wat toe om presisie-landbou te plantvoedings- en grondgesondheidsprodukte. waarde toevoeg. bevorder. NexusAG Croplife-geakkrediteerde gewasadviseurs bied maatpas gewasbestuursprogramme, wat elke produsent se unieke omgewing en spesifieke omstandighede in ag neem, om volhoubare oplossings te bied. KONTAK ONS VIR MEER INLIGTING: 021-860 8040 www.nexusag.net

page 32 4 Market demand statistics 4.1 Global market size 350000 300000 250000 Value US$ ('000) 200000 150000 100000 50000 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 United Kingdom Germany Netherlands India Japan Canada France China Brazil USA Figure 11: World market value US$ on imports Source: Trademaps (2021)

page 33 InteliGro se besigheid fokus op die verskaffing van geïntegreerde gewasoplossings wat geskoei is op die RAISINS SOUTH AFRICA / KEY INDUSTRY STATISTICS / 2021 regte advies, die regte produkte, op die regte tyd. Deur middel van hierdie innoverende oplossings, wat alle produksie aspekte en beskikbare hulpbronne in gedagte neem (IPM benadering), kan die gewenste resultate op die plaas behaal word. Die fokus pilare as deel van die benadering sluit in: jou vennoot in gewasoplossings Gewas kennis Biologiese oplossings Gewasbeskerming Tegnologie Gespesialiseerde plantvoeding Opleiding Kontak InteliGro vir volhoubare [email protected] | www.inteligro.co.za en pasgemaakte gewasoplossings

page 34 4.2 Global exports Table 10: World exports in tonnes and cummulative annual growth rate Year 2013/14 2014/15 2015/16 2016/17 2017/18 Unit Turkey Tons Tons Tons Tons Tons Iran United States 186 900 259 900 201 800 265 700 278 900 Uzbekistan South Africa 130 700 102 200 112 700 134 000 85 700 Chile Argentina 159 389 127 279 114 497 127 114 107 457 Other 15 200 49 800 67 600 68 100 63 000 35 050 52 900 46 500 48 800 58 000 66 000 62 000 55 600 51 800 55 000 16 300 29 700 34 200 27 500 38 000 78 700 70 000 79 100 51 700 62 300 688 239 753 779 711 997 774 714 748 357 Year (continued) 2018/19 2019/20 Unit Turkey Tons Tons Export % CAGR % Iran United States 250 000 243 048 28,5% 4% Uzbekistan South Africa 125 000 57 988 6,8% -11% Chile Argentina 110 000 78 682 9,2% -10% Other 67 500 94 415 11,1% 30% 60 000 47 609 5,6% 4% 58 000 69 489 8,1% 1% 39 000 36 089 4,2% 12% 69 500 226 786 26,6% 16% 779 000 854 106 100,0% Source: Author’s own calculations based on Trademaps (2020) *Information on Trademaps’ site has not yet been updated for 2021.

page 35 4.3 South African Raisin exports per season; exports per market segment Canada UK EU Russia RAISINS SOUTH AFRICA / KEY INDUSTRY STATISTICS / 2021 & USA 11,4% 53,3% 0,2% 14,4% Africa Middle Far East East & Asia 15,6% 1,2% 1,14% Oceania 2,92% Figure 12: Key market destinations for South African exports Source: Agrihub (2020)

page 36 5 Historical price movements 5.1 Historical price movement US$/ ton 3000 2724 2500 2000 2449 2456 2450 2083 2098 2390 2305 2113 21482043 2050 1930 1571 1570 1544 1500 1376 1211 1000 879 760 999 500 0 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Figure 13: Average US$ value per unit trade by South Africa (2001 – 2021) Source: Conningarth Consultancy (2019) and Trademaps (2020) *2021 is an estimate

page 37 35000 30000 25000 20000 15000 10000 5000 0 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Price per ton (ZAR) RAISINS SOUTH AFRICA / KEY INDUSTRY STATISTICS / 2021Average US$ price/tonAverage Rand price/ton Figure 14: Average US$ value per unit versus average Rand value per unit (2009-2021) Source: Conningarth Consultancy (2019) and Trademaps (2020)

page 38 5.2 Export versus production 90 000 80 000 100,0% 70 000 90,0% 60 000 80,0% 50 000 70,0% Tonnes 60,0% Export percentage 40 000 50,0% 30 000 40,0% 20 000 30,0% 10 000 20,0% 10,0% 0 0,0% 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Production - tonnes Export - tonnes Export percentage Figure 15: Annual production volumes, exported tonnes and percentage of product exported (2007 – 2021) Source: Conningarth Consultancy (2021) and Trademaps (2021)

page 39 5.3 Historical price trends for raisin producers Table 11: Average choice grade farmer’s stock price (2009 – 2021) Product Type 2009 2010 2011 2012 2013 2014 2015 R/Ton R/Ton R/Ton R/Ton R/Ton R/Ton R/Ton Golden OR 17 000 12 700 19 300 19 800 17 600 18 000 17 200 Thompson Seedless SA Sultana 11 500 10 400 16 000 16 900 16 000 16 200 15 300 Weighted Avg. Price % Change (Y-O-Y) 11 500 8 800 13 000 14 200 13 800 14 150 13 120 RAISINS SOUTH AFRICA / KEY INDUSTRY STATISTICS / 2021 - 13 853 10 474 15 108 17 068 15 260 15 406 14 762 -24% 44% 13% -11% 1% -4% Product Type 2016 2017 2018 2019 2020 2021 (Continued) R/Ton R/Ton R/Ton R/Ton R/ton R/ton Golden 24 430 25 800 26 500 29 000 24 000 24 000 OR Thompson Seedless 22 200 19 700 22 500 24 000 21 000 20 000 SA Sultana 21 730 16 400 22 000 27 000 16 500 18 000 Weighted Avg. Price % Change (Y-O-Y) - 22 000 16 500 17 500 Source: Raisins SA (2021) 22 440 19 827 23 565 27 470 19 365 19 615 52% -12% 19% 17% -30% 1%

page 40 6 Socio-economic impact 6.1 Macro-economic impact Table 12: Multipier impact (direct-, indirect- and induced impact) Direct Indirect Induced Total Impact Impact Impact Impact Impact on Gross Domestic Product (GDP) 1 787 622 1 705 4 114 [R million] Impact on Capital Formation [R million] 692 1 243 3 119 5 054 Impact on Employment [no. of job opportunities] 22 645 2 071 5 395 30 110 - Skilled employment 1 470 522 1 461 3 453 - Semi-skilled employment 6 681 1 111 2 786 10 578 - Unskilled employment 14 494 438 1 148 16 079 Impact on Households [R million] 2 791 - Low Income Households [R million] - - Medium Income Households [R million] 611 - High Income Households [R million] 661 Fiscal Impact [R million] 1 520 -National Government [R million] 1 122 -Provincial Government (Rm) 1 034 -Local Government (Rm) 13 Impact on the Balance of Payments [R million] 76 1 572 Source: Conningarth Consultancy (2019)

6.2 Industry fiscal impact page 41RAISINS SOUTH AFRICA / KEY INDUSTRY STATISTICS / 2021 Table 13: Social investment 1 122 Number per Year Fiscal Impact (R Million 2018, constant prices) Social Indicators 157 Educators 34 Hospital Beds Serviced 8 Doctors 52 Low-Cost Houses built Source: Conningarth Consultancy (2019)

page 42 6.3 Job creation Induced Impact 18% Indirect Impact Job creation 7% Direct Impact 75% Figure 16: Employment impact level (percentage) Source: Conningarth Consultancy (2019) 3 453 Skilled 10 578 Semi-skilled 16 079 Unskilled Skilled 12% Unskilled Employment: Semi-skilled Skills 53% 35% Figure 17: Employment numbers and percentage skills level Source: Conningarth Consultancy (2019)

page 43 Contact details Ferdie Botha Simone Sell RAISINS SOUTH AFRICA / KEY INDUSTRY STATISTICS / 2021 General Manager Transformation Manager [email protected] [email protected] +27 84 800 6610 +27 71 814 2055 Stefan Jordaan Bekkie van Aarde Senior Agri Specialist Information and Communication Manager [email protected] [email protected] +27 82 305 1555 +27 82 558 7213

Address: 9 Groenpunt Road, Office 1, Upington Contact number: +27 54 495 0283 E-mail: [email protected] www.raisinsa.co.za