Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in South Africa - 2024

Contents:

1. Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in South Africa (FOB) - 2022
2. Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in South Africa (CIF) - 2022
3. Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in South Africa
4. Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in South Africa

Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in South Africa (FOB) - 2022

In 2022, the average export price for cereal grains; rolled or flaked, of cereals excluding barley and oatses amounted to $1,044 per ton, growing by 22% against the previous year. Over the period under review, the export price showed a slight increase. The most prominent rate of growth was recorded in 2013 an increase of 132%. As a result, the export price reached the peak level of $2,199 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Botswana ($3,085 per ton), while the average price for exports to Lesotho ($643 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 Namibia (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in South Africa (CIF) - 2022

The average import price for cereal grains; rolled or flaked, of cereals excluding barley and oatses stood at $681 per ton in 2022, declining by -13.3% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 23%. As a result, import price attained the peak level of $785 per ton, and then dropped in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($877 per ton), while the price for Swaziland totaled $668 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in South Africa

In 2022, exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses from South Africa soared to 2.2K tons, with an increase of 84% compared with the year before. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 109% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses soared to $2.3M in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats from South Africa in 2022:

1. Uganda (1115.3 tons)
2. Swaziland (794.2 tons)
3. Namibia (147.1 tons)
4. Mozambique (73.8 tons)
5. Seychelles (16.2 tons)
6. Botswana (5.0 tons)
7. Lesotho (4.5 tons)

Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in South Africa

In 2022, the amount of cereal grains; rolled or flaked, of cereals excluding barley and oatses imported into South Africa surged to 1.4K tons, rising by 48% against 2021 figures. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +17.4% 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 +61.9% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cereal grains; rolled or flaked, of cereals excluding barley and oatses soared to $921K in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.0% 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 +56.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats to South Africa in 2022:

1. Swaziland (1271.7 tons)
2. United Kingdom (77.9 tons)

Source: IndexBox Market Intelligence Platform