Price for Cereals; Rye, Other than Seed in South Africa - 2023
Contents:
- Price for Cereals; Rye, Other than Seed in South Africa (CIF) - 2022
- Price for Cereals; Rye, Other than Seed in South Africa (FOB) - 2022
- Imports of Cereals; Rye, Other than Seed in South Africa
- Exports of Cereals; Rye, Other than Seed in South Africa
Price for Cereals; Rye, Other than Seed in South Africa (CIF) - 2022
In 2022, the average import price for cereals; rye, other than seeds amounted to $577 per ton, picking up by 18% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $617 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to -0.2% per year.
Price for Cereals; Rye, Other than Seed in South Africa (FOB) - 2022
In 2022, the average export price for cereals; rye, other than seeds amounted to $1,572 per ton, shrinking by -14.8% against the previous year. Over the period under review, the export price, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 157% against the previous year. Over the period under review, the average export prices hit record highs at $1,846 per ton in 2021, and then declined in the following year.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Swaziland ($1,814 per ton), while the average price for exports to Namibia stood at $1,315 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Swaziland (+1.4%), while the prices for the other major destinations experienced a decline.
Imports of Cereals; Rye, Other than Seed in South Africa
In 2022, imports of cereals; rye, other than seeds into South Africa reached 257 tons, almost unchanged from the previous year. Over the period under review, imports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 16% against the previous year. As a result, imports reached the peak of 428 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, cereals; rye, other than seed imports surged to $148K in 2022. In general, imports, however, saw a perceptible slump. The pace of growth appeared the most rapid in 2020 when imports increased by 25%. As a result, imports reached the peak of $201K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Cereals; Rye, Other than Seed in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 129 | 200 | 126 | 147 | 4.5% |
| Netherlands | 19.6 | N/A | 0.2 | 0.2 | -78.3% |
| Australia | 10.4 | N/A | N/A | N/A | 0% |
| Others | 2.4 | 0.6 | N/A | 1.5 | -14.5% |
| Total | 161 | 201 | 126 | 148 | -2.8% |
Top Suppliers of Cereals; Rye, Other than Seed to South Africa in 2022:
- Canada (256.6 tons)
- Netherlands (0.3 tons)
Exports of Cereals; Rye, Other than Seed in South Africa
After two years of decline, overseas shipments of cereals; rye, other than seeds increased by 59% to 7 tons in 2022. Over the period under review, exports, however, recorded a significant contraction.
In value terms, cereals; rye, other than seed exports soared to $11K in 2022. In general, exports, however, showed a deep contraction.
| Export of Cereals; Rye, Other than Seed in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Swaziland | 4.2 | 5.2 | 7.2 | 6.1 | 13.2% |
| Namibia | 4.0 | N/A | 0.6 | 4.7 | 5.5% |
| Lesotho | 5.6 | 1.5 | N/A | N/A | -73.2% |
| Mali | 0.2 | N/A | N/A | N/A | 0% |
| Others | 0.8 | 1.5 | 0.4 | 0.2 | -37.0% |
| Total | 14.9 | 8.2 | 8.2 | 11.0 | -9.6% |
Top Export Markets for Cereals; Rye, Other than Seed from South Africa in 2022:
- Namibia (3.6 tons)
- Swaziland (3.4 tons)
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