Production of Essential Oil and Vegetable Oil has potential for Socio-Economic Transformation in South Africa KM Swanepoel Thanks to farmers There is oil There is a presentation 2 Essential Oil Pioneers in SA Within other industries Medicinal Plants Sugar Cane Forestry Tobacco Maize Citrus Wine Tourism Increasing Markets • Perfume • Cosmetic • Flavouring • Industrial • Agricultural • Pharmaceutical • Veterinary • Aromatherapy Content • How do we compare with other BRICS countries? • What can we learn from other BRICS coutries? • What about the rest of SADC and Africa? • What about others in Southern Hemisphere e.g Australia? • What about production by MINTS countries? BRICS Countries Life GDP Govern expecta Population GDP per Literacy Country ment Exports Imports ncy In million (nominal) capita rate spending (years, (PPP) avg.) $2,395.9 Brazil 193,946,886 $846.6 bn $256.0 bn $238.8 bn $11,875 88.6% 72.2 bn $2,021.9 Russia 143,451,702 $414.0 bn $542.5 bn $358.1 bn $17,708 99.6% 67.7 bn $1,824.8 India 1,210,193,422 $281.0 bn $309.1 bn $500.3 bn $3,829 74.04% 64.2 bn $8,227.0 $2,031.0 $2,021.0 $1,780.0 China 1,354,040,000 $9,161 92.2% 72.7 bn bn bn bn South 51,770,560 $384.3 bn $95.27 bn $101.2 bn $106.8 bn $11,375 86.4% 51.2 Africa Economic data is sourced from the most recent IMF figures and given in US dollars.[1] Export Essential oils, perfumes, cosmetics, toileteries Unit : US Dollar thousand 4500000 4000000 3500000 3000000 2500000 China India 2000000 Brazil South Africa 1500000 Russian Federation 1000000 500000 0 Exported Exported Exported Exported Exported Exported Exported Exported Exported Exported value in value in value in value in value in value in value in value in value in value in 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Sources: ITC calculations based on UN COMTRADE statistics. Import Essential oils, perfumes, cosmetics, toileteries Unit : US Dollar thousand 4000000 3500000 3000000 2500000 Russian Federation 2000000 China South Africa 1500000 Brazil India 1000000 500000 0 Imported Imported Imported Imported Imported Imported Imported Imported Imported value in value in value in value in value in value in value in value in value in 2005 2006 2007 2008 2009 2010 2011 2012 2013 Sources: ITC calculations based on UN COMTRADE statistics.
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