Price for Cereal Flours; Other than of Wheat or Meslin in South Africa - 2023

Contents:

  1. Price for Cereal Flours; Other than of Wheat or Meslin in South Africa (FOB) - 2022
  2. Price for Cereal Flours; Other than of Wheat or Meslin in South Africa (CIF) - 2022
  3. Exports of Cereal Flours; Other than of Wheat or Meslin in South Africa
  4. Imports of Cereal Flours; Other than of Wheat or Meslin in South Africa

Price for Cereal Flours; Other than of Wheat or Meslin in South Africa (FOB) - 2022

The average export price for cereal flours; other than of wheat or meslin stood at $415 per ton in 2022, picking up by 6.4% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 28% against the previous year. The export price peaked at $441 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zambia ($1,424 per ton), while the average price for exports to Angola ($311 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Botswana (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cereal Flours; Other than of Wheat or Meslin in South Africa (CIF) - 2022

In 2022, the average import price for cereal flours; other than of wheat or meslin amounted to $730 per ton, growing by 14% against the previous year. In general, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +8.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cereal flours; other than of wheat or meslin increased by +43.4% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 60%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Swaziland ($1,429 per ton), while the price for Lesotho ($290 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Swaziland (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Cereal Flours; Other than of Wheat or Meslin in South Africa

In 2022, approx. 52K tons of cereal flours; other than of wheat or meslin were exported from South Africa; declining by -4.2% on the previous year's figure. Overall, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 13% against the previous year.

In value terms, exports of cereal flours; other than of wheat or meslin rose to $22M in 2022. Over the period under review, exports saw a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 24%.

Export of Cereal Flours; Other than of Wheat or Meslin in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Angola3.42.96.58.535.7%
Lesotho3.03.54.26.026.0%
ZambiaN/A0.40.91.058.1%
Democratic Republic of the Congo0.30.40.10.626.0%
Mozambique1.80.40.50.6-30.7%
United Kingdom0.20.40.60.426.0%
Somalia0.40.30.30.40.0%
Congo0.70.90.60.2-34.1%
Ethiopia10.2N/AN/AN/A0%
Others9.18.07.64.0-24.0%
Total29.117.121.221.6-9.5%

Top Export Markets for Cereal Flours; Other than of Wheat or Meslin from South Africa in 2022:

  1. Angola (27.4K tons)
  2. Lesotho (13.9K tons)
  3. Democratic Republic of the Congo (0.9K tons)
  4. Somalia (0.9K tons)
  5. Zambia (0.7K tons)
  6. United Kingdom (0.7K tons)
  7. Mozambique (0.6K tons)
  8. Congo (0.4K tons)

Imports of Cereal Flours; Other than of Wheat or Meslin in South Africa

In 2022, supplies from abroad of cereal flours; other than of wheat or meslin decreased by -6.4% to 3.2K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 10%.

In value terms, imports of cereal flours; other than of wheat or meslin stood at $2.3M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.2% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 32%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the immediate term.

Import of Cereal Flours; Other than of Wheat or Meslin in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany65074380494013.1%
FinlandN/AN/A126417231.0%
Netherlands230260278226-0.6%
United Kingdom63.911817718041.2%
Thailand19494.7134160-6.2%
India81.212310912615.8%
Brazil17317424559.0-30.1%
Others1951443082285.3%
Total1,5861,6572,1812,33513.8%

Top Suppliers of Cereal Flours; Other than of Wheat or Meslin to South Africa in 2022:

  1. Germany (1515.8 tons)
  2. Finland (383.7 tons)
  3. United Kingdom (253.1 tons)
  4. India (245.2 tons)
  5. Thailand (192.3 tons)
  6. Netherlands (167.1 tons)
  7. Brazil (125.0 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Cereal flours; other than of wheat or meslin - South Africa