Price for Flour, Meal, and Flakes of Potatoes in South Africa - 2024
Contents:
- Price for Flour, Meal, and Flakes of Potatoes in South Africa (CIF) - 2024
- Price for Flour, Meal, and Flakes of Potatoes in South Africa (FOB) - 2024
- Imports of Flour, Meal, and Flakes of Potatoes in South Africa
- Exports of Flour, Meal, and Flakes of Potatoes in South Africa
Price for Flour, Meal, and Flakes of Potatoes in South Africa (CIF) - 2024
In July 2023, the average import price for flour, meal, and flakes of potatoeses amounted to $1,671 per ton, dropping by -43.3% against the previous month. In general, the import price saw a drastic downturn. The pace of growth appeared the most rapid in April 2023 an increase of 31% m-o-m. Over the period under review, average import prices reached the peak figure at $2,945 per ton in June 2023, and then reduced notably in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($2,053 per ton), while the price for India ($689 per ton) was amongst the lowest.
From January 2023 to July 2023, the most notable rate of growth in terms of prices was attained by Belgium (0.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Flour, Meal, and Flakes of Potatoes in South Africa (FOB) - 2024
In July 2023, the average export price for flour, meal, and flakes of potatoeses amounted to $521 per ton, growing by 2.6% against the previous month. Overall, the export price, however, recorded a deep setback. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 32% m-o-m. Over the period under review, the average export prices reached the maximum at $949 per ton in January 2023; however, from February 2023 to July 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Zimbabwe ($584 per ton), while the average price for exports to the United Arab Emirates ($191 per ton) was amongst the lowest.
From January 2023 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saint Helena, Ascension and Tristan da Cunha (+12.1%), while the prices for the other major destinations experienced a decline.
Imports of Flour, Meal, and Flakes of Potatoes in South Africa
In 2022, purchases abroad of flour, meal, and flakes of potatoeses decreased by -68.2% to 658 tons, falling for the second year in a row after two years of growth. Overall, imports faced a precipitous setback. The pace of growth appeared the most rapid in 2020 with an increase of 40% against the previous year. As a result, imports attained the peak of 2.8K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of flour, meal, and flakes of potatoeses shrank notably to $1.1M in 2022. In general, imports continue to indicate a deep setback. The growth pace was the most rapid in 2020 when imports increased by 69% against the previous year. As a result, imports reached the peak of $3.6M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Flour, Meal, and Flakes of Potatoes in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 137 | 1,334 | 789 | 385 | 41.1% |
| Denmark | 45.7 | 90.9 | 210 | 282 | 83.4% |
| Spain | N/A | 99.4 | 44.3 | 248 | 58.0% |
| Poland | N/A | 62.4 | 29.4 | 103 | 28.5% |
| Belgium | 1,789 | 147 | 1,000 | 35.7 | -72.9% |
| India | 1.4 | 1.6 | 0.7 | 34.5 | 191.0% |
| Netherlands | N/A | 1,677 | 55.4 | N/A | -96.7% |
| Others | 157 | 194 | 45.1 | 15.2 | -54.1% |
| Total | 2,130 | 3,607 | 2,174 | 1,103 | -19.7% |
Top Suppliers of Flour, Meal, and Flakes of Potatoes to South Africa in 2022:
- Germany (242.9 tons)
- Denmark (195.8 tons)
- Spain (91.0 tons)
- Poland (62.1 tons)
- India (24.6 tons)
- Belgium (22.5 tons)
Exports of Flour, Meal, and Flakes of Potatoes in South Africa
Exports of flour, meal, and flakes of potatoeses from South Africa contracted significantly to 691 tons in 2022, shrinking by -34.9% compared with the year before. Over the period under review, exports recorded a precipitous contraction. The smallest decline of -11.7% was in 2020.
In value terms, exports of flour, meal, and flakes of potatoeses shrank sharply to $741K in 2022. Overall, exports showed a deep contraction. The smallest decline of -2.3% was in 2021.
| Export of Flour, Meal, and Flakes of Potatoes in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | N/A | N/A | 2.7 | 236 | 8640.7% |
| Botswana | 184 | 219 | 143 | 106 | -16.8% |
| Democratic Republic of the Congo | 15.1 | N/A | 61.2 | 55.2 | 54.0% |
| Zimbabwe | 187 | 345 | 346 | 54.7 | -33.6% |
| Namibia | 143 | 128 | 118 | 53.3 | -28.0% |
| Swaziland | 217 | 108 | 35.5 | 43.5 | -41.5% |
| Saint Helena, Ascension and Tristan da Cunha | 77.3 | 60.3 | 45.2 | 32.6 | -25.0% |
| Lesotho | 119 | 59.8 | 54.4 | 24.8 | -40.7% |
| Others | 83.4 | 78.1 | 169 | 134 | 17.1% |
| Total | 1,026 | 998 | 975 | 741 | -10.3% |
Top Export Markets for Flour, Meal, and Flakes of Potatoes from South Africa in 2022:
- Malaysia (204.7 tons)
- Democratic Republic of the Congo (89.3 tons)
- Zimbabwe (85.3 tons)
- Botswana (83.8 tons)
- Swaziland (57.1 tons)
- Lesotho (54.1 tons)
- Saint Helena, Ascension and Tristan da Cunha (40.3 tons)
- Namibia (19.2 tons)
354
This report provides an in-depth analysis of the dried potato flour market in South Africa.
557
Global Dried Potato Flour Market Report 2018. This report provides an in-depth analysis of the global dried potato flour market.
354
This report provides an in-depth analysis of the dried potato flour market in South Africa.
557
Global Dried Potato Flour Market Report 2018. This report provides an in-depth analysis of the global dried potato flour market.
Nothing found. Please try again.
