Price for Cereals; Barley, Other than Seed in South Africa - 2024
Contents:
- Price for Cereals; Barley, Other than Seed in South Africa (CIF) - 2022
- Price for Cereals; Barley, Other than Seed in South Africa (FOB) - 2022
- Imports of Cereals; Barley, Other than Seed in South Africa
- Exports of Cereals; Barley, Other than Seed in South Africa
Price for Cereals; Barley, Other than Seed in South Africa (CIF) - 2022
In 2022, the average import price for cereals; barley, other than seeds amounted to $404 per ton, declining by -31.7% against the previous year. Overall, the import price, however, recorded a modest increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 208% against the previous year. As a result, import price reached the peak level of $592 per ton, and then reduced remarkably in the following year.
As there is only one major supplying country, the average price level is determined by prices for Australia.
From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to +16.9% per year.
Price for Cereals; Barley, Other than Seed in South Africa (FOB) - 2022
The average export price for cereals; barley, other than seeds stood at $375 per ton in 2022, rising by 32% against the previous year. Overall, the export price, however, recorded a noticeable descent. The most prominent rate of growth was recorded in 2016 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 $894 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Botswana ($1,407 per ton), while the average price for exports to Namibia ($361 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 (+11.3%), while the prices for the other major destinations experienced a decline.
Imports of Cereals; Barley, Other than Seed in South Africa
In 2022, approx. 90K tons of cereals; barley, other than seeds were imported into South Africa; increasing by 989,729% against the previous year. Over the period under review, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, cereals; barley, other than seed imports surged to $36M in 2022. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Cereals; Barley, Other than Seed in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | N/A | N/A | N/A | 18.2 | 0% |
France | 2.7 | 6.3 | N/A | N/A | 133.3% |
Others | 2.7 | 6.3 | N/A | 18.2 | 88.9% |
Total | 5.3 | 12.6 | N/A | 36.4 | 90.1% |
Top Suppliers of Cereals; Barley, Other than Seed to South Africa in 2022:
- Australia (45.0K tons)
Exports of Cereals; Barley, Other than Seed in South Africa
In 2022, exports of cereals; barley, other than seeds from South Africa shrank notably to 311 tons, falling by -25.6% compared with 2021. Overall, exports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 109% against the previous year.
In value terms, cereals; barley, other than seed exports declined slightly to $117K in 2022. In general, exports showed a abrupt contraction.
Export of Cereals; Barley, Other than Seed in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Namibia | 62.5 | 50.9 | 31.2 | 53.4 | -5.1% |
Lesotho | 5.6 | 12.2 | 6.3 | 2.7 | -21.6% |
Botswana | 1.6 | 0.4 | 8.6 | 1.1 | -11.7% |
Mozambique | N/A | N/A | 11.4 | 0.2 | -98.2% |
Others | 87.7 | 68.5 | 60.9 | 59.2 | -12.3% |
Total | 157 | 132 | 118 | 117 | -9.3% |
Top Export Markets for Cereals; Barley, Other than Seed from South Africa in 2022:
- Namibia (148.0 tons)
- Lesotho (4.9 tons)
- Botswana (0.8 tons)
- Mozambique (0.1 tons)
This report provides an in-depth analysis of the barley market in South Africa.
This report provides an in-depth analysis of the grain market in South Africa.
This report provides an in-depth analysis of the global barley market.
This report provides an in-depth analysis of the global grain market.
This report provides an in-depth analysis of the barley market in South Africa.
This report provides an in-depth analysis of the global barley market.
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