South Africa - Flaked or Rolled Cereals - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Flaked or Rolled Cereal in South Africa - 2023
Contents:
- Price for Flaked or Rolled Cereal in South Africa (CIF) - 2023
- Price for Flaked or Rolled Cereal in South Africa (FOB) - 2023
- Imports of Flaked or Rolled Cereal in South Africa
- Exports of Flaked or Rolled Cereal in South Africa
Price for Flaked or Rolled Cereal in South Africa (CIF) - 2023
The average flaked or rolled cereal import price stood at $783 per ton in September 2023, picking up by 3.4% against the previous month. In general, import price indicated pronounced growth from September 2022 to September 2023: its price increased at an average monthly rate of +2.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, flaked or rolled cereal import price decreased by -2.5% against July 2023 indices. The most prominent rate of growth was recorded in December 2022 an increase of 31% against the previous month. Over the period under review, average import prices attained the maximum at $1,038 per ton in February 2023; however, from March 2023 to September 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the highest price was recorded for prices from Latvia ($836 per ton) and Lithuania ($814 per ton), while the price for the UK ($701 per ton) and Swaziland ($781 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Swaziland (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Flaked or Rolled Cereal in South Africa (FOB) - 2023
In September 2023, the average flaked or rolled cereal export price amounted to $850 per ton, with a decrease of -13.1% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.2%. The growth pace was the most rapid in February 2023 an increase of 28% m-o-m. As a result, the export price reached the peak level of $1,276 per ton. From March 2023 to September 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Ghana ($3,321 per ton), while the average price for exports to Mozambique ($417 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Congo (+24.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Flaked or Rolled Cereal in South Africa
Flaked or rolled cereal imports into South Africa shrank to 16K tons in 2022, with a decrease of -13.8% against the year before. Over the period under review, imports recorded a abrupt downturn. The growth pace was the most rapid in 2021 when imports increased by 16% against the previous year.
In value terms, flaked or rolled cereal imports fell notably to $10M in 2022. In general, imports recorded a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. As a result, imports attained the peak of $12M, and then shrank dramatically in the following year.
Import of Flaked or Rolled Cereal in South Africa (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 7.1 | 4.3 | 5.5 | 4.6 | -13.5% |
Lithuania | 2.2 | 2.8 | 3.8 | 2.6 | 5.7% |
Latvia | N/A | N/A | 0.4 | 1.0 | 150.0% |
Swaziland | 0.5 | 0.6 | 0.7 | 0.9 | 21.6% |
Finland | 0.4 | 0.3 | 0.4 | 0.4 | 0.0% |
Ukraine | 0.4 | 0.6 | 0.5 | 0.1 | -37.0% |
Others | 1.2 | 0.9 | 0.6 | 0.6 | -20.6% |
Total | 11.8 | 9.5 | 12.0 | 10.1 | -5.1% |
Top Suppliers of Flaked or Rolled Cereal to South Africa in 2022:
- United Kingdom (8.6K tons)
- Lithuania (3.3K tons)
- Swaziland (1.8K tons)
- Latvia (1.4K tons)
- Finland (0.3K tons)
- Ukraine (0.1K tons)
Exports of Flaked or Rolled Cereal in South Africa
In 2022, the amount of flaked or rolled cereals exported from South Africa skyrocketed to 5.9K tons, growing by 31% on the previous year's figure. The total export volume increased at an average annual rate of +1.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, flaked or rolled cereal exports soared to $5.9M in 2022. The total export value increased at an average annual rate of +6.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Flaked or Rolled Cereal in South Africa (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Swaziland | 421 | 702 | 996 | 1,244 | 43.5% |
Uganda | 16.7 | 12.3 | 0.2 | 1,102 | 304.1% |
Namibia | 550 | 463 | 343 | 724 | 9.6% |
Zambia | 583 | 746 | 408 | 479 | -6.3% |
Botswana | 380 | 418 | 292 | 419 | 3.3% |
Mozambique | 501 | 519 | 534 | 390 | -8.0% |
Zimbabwe | 319 | 207 | 673 | 294 | -2.7% |
Lesotho | 213 | 377 | 212 | 267 | 7.8% |
Others | 1,819 | 1,083 | 1,003 | 950 | -19.5% |
Total | 4,802 | 4,527 | 4,461 | 5,870 | 6.9% |
Top Export Markets for Flaked or Rolled Cereal from South Africa in 2022:
- Swaziland (1329.3 tons)
- Uganda (1115.3 tons)
- Mozambique (719.7 tons)
- Botswana (635.0 tons)
- Lesotho (452.6 tons)
- Namibia (427.7 tons)
- Zimbabwe (331.0 tons)
- Zambia (322.8 tons)
This report provides an in-depth analysis of the market for flaked or rolled cereal in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10613333 - Rolled, flaked, hulled, pearled, sliced or kibbled cereal grains (excluding rice)
- Prodcom 10613335 - Germ of cereals, whole, rolled, flaked or ground (excluding rice)
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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From 2007 to 2016, the global cereal grains market showed an upward trend, expanding by X%, to X tons in 2016. According to IndexBox estimates, over the last nine years the cereal grain market grew with a CAGR of +X%. Maize accounted for the h
With strong export numbers in 2014, Germany took the second spot in the global cereal grain trade. In 2014, Germany exported X thousand tons of cereal grains totaling X million USD, X% over the previous year. Its primary trading partner was the
From 2007 to 2016, the global cereal grains market showed an upward trend, expanding by X%, to X tons in 2016. According to IndexBox estimates, over the last nine years the cereal grain market grew with a CAGR of +X%. Maize accounted for the h
With strong export numbers in 2014, Germany took the second spot in the global cereal grain trade. In 2014, Germany exported X thousand tons of cereal grains totaling X million USD, X% over the previous year. Its primary trading partner was the