Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in South Africa - 2023
Contents:
- Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in South Africa (FOB) - 2022
- Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in South Africa (CIF) - 2022
- Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in South Africa
- Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in South Africa
Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in South Africa (FOB) - 2022
The average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) stood at $547 per ton in 2022, rising by 12% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by 15% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Congo ($1,244 per ton), while the average price for exports to Namibia ($360 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 (+0.7%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in South Africa (CIF) - 2022
The average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) stood at $135 per ton in 2022, shrinking by -22.1% against the previous year. In general, the import price saw a abrupt setback. The growth pace was the most rapid in 2013 when the average import price increased by 102%. As a result, import price reached the peak level of $624 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Swaziland.
From 2012 to 2022, the rate of growth in terms of prices for Botswana amounted to +5.1% per year.
Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in South Africa
In 2022, overseas shipments of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) were finally on the rise to reach 2K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a deep reduction.
In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) skyrocketed to $1.1M in 2022. Overall, exports recorded a relatively flat trend pattern.
| Export of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Botswana | 202 | 155 | 79.3 | 259 | 8.6% |
| Mozambique | 329 | 379 | 257 | 242 | -9.7% |
| Swaziland | 21.9 | 158 | 73.3 | 140 | 85.6% |
| Lesotho | 69.3 | 154 | 52.1 | 104 | 14.5% |
| Mauritius | 220 | 223 | 78.1 | 83.5 | -27.6% |
| Zimbabwe | 85.5 | 26.5 | 54.2 | 72.4 | -5.4% |
| Congo | N/A | N/A | 27.0 | 59.3 | 119.6% |
| Democratic Republic of the Congo | 7.7 | 0.1 | 1.4 | 57.0 | 94.9% |
| Namibia | 17.6 | 22.4 | 30.3 | 38.7 | 30.0% |
| Others | 159 | 153 | 64.0 | 55.6 | -29.5% |
| Total | 1,112 | 1,270 | 717 | 1,112 | 0.0% |
Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) from South Africa in 2022:
- Mozambique (603.9 tons)
- Botswana (496.7 tons)
- Lesotho (223.8 tons)
- Swaziland (220.9 tons)
- Zimbabwe (152.9 tons)
- Namibia (107.7 tons)
- Democratic Republic of the Congo (56.1 tons)
- Congo (47.7 tons)
- Mauritius (38.2 tons)
Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in South Africa
In 2022, overseas purchases of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) decreased by -22.5% to 528 tons, falling for the second year in a row after two years of growth. Overall, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 707%. As a result, imports attained the peak of 1.1K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) plummeted to $71K in 2022. In general, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 310% against the previous year.
| Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Swaziland | 16.7 | 102 | 107 | 68.7 | 60.2% |
| Others | 9.0 | 3.5 | 11.2 | 2.5 | -34.8% |
| Total | 25.7 | 105 | 118 | 71.3 | 40.5% |
Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) to South Africa in 2022:
- Swaziland (523.7 tons)
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