Price for Cereals; Oats, Other than Seed in South Africa - 2024
Contents:
- Price for Cereals; Oats, Other than Seed in South Africa (FOB) - 2022
- Price for Cereals; Oats, Other than Seed in South Africa (CIF) - 2022
- Exports of Cereals; Oats, Other than Seed in South Africa
- Imports of Cereals; Oats, Other than Seed in South Africa
Price for Cereals; Oats, Other than Seed in South Africa (FOB) - 2022
The average export price for cereals; oats, other than seeds stood at $1,201 per ton in 2022, dropping by -23.4% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 37% against the previous year. As a result, the export price attained the peak level of $1,568 per ton, and then shrank remarkably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Swaziland ($2,065 per ton), while the average price for exports to Zimbabwe ($514 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 Swaziland (+5.7%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Cereals; Oats, Other than Seed in South Africa (CIF) - 2022
In 2022, the average import price for cereals; oats, other than seeds amounted to $351 per ton, dropping by -1.7% against the previous year. In general, the import price showed a perceptible reduction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 190%. As a result, import price reached the peak level of $559 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($1,239 per ton), while the price for Sri Lanka ($25 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cereals; Oats, Other than Seed in South Africa
In 2022, shipments abroad of cereals; oats, other than seeds decreased by -17.1% to 1.1K tons, falling for the second consecutive year after two years of growth. In general, exports showed a slight descent. The most prominent rate of growth was recorded in 2020 when exports increased by 20%. As a result, the exports reached the peak of 1.4K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, cereals; oats, other than seed exports contracted markedly to $1.4M in 2022. Overall, exports recorded a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 33% against the previous year. As a result, the exports attained the peak of $2.1M, and then shrank remarkably in the following year.
| Export of Cereals; Oats, Other than Seed in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 1,010 | 1,176 | 1,437 | 626 | -14.7% |
| Zambia | 12.9 | 7.4 | 74.9 | 272 | 176.3% |
| Zimbabwe | 40.3 | 45.1 | 96.0 | 104 | 37.2% |
| Botswana | 248 | 162 | 324 | 77.8 | -32.1% |
| Nigeria | N/A | N/A | N/A | 72.4 | 0% |
| Mozambique | 49.0 | 65.0 | 50.7 | 68.0 | 11.5% |
| Lesotho | 39.8 | 89.5 | 80.4 | 62.6 | 16.3% |
| Swaziland | 178 | 37.3 | 36.3 | 12.6 | -58.6% |
| Others | 31.8 | 31.2 | 39.5 | 62.8 | 25.5% |
| Total | 1,610 | 1,614 | 2,139 | 1,358 | -5.5% |
Top Export Markets for Cereals; Oats, Other than Seed from South Africa in 2022:
- Namibia (401.8 tons)
- Zimbabwe (202.6 tons)
- Zambia (193.0 tons)
- Lesotho (113.7 tons)
- Botswana (69.8 tons)
- Nigeria (64.7 tons)
- Mozambique (37.8 tons)
- Swaziland (6.1 tons)
Imports of Cereals; Oats, Other than Seed in South Africa
In 2022, supplies from abroad of cereals; oats, other than seeds decreased by 99.9% to 1.1 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a significant decline. The pace of growth was the most pronounced in 2020 when imports increased by 9.1%. As a result, imports reached the peak of 30K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, cereals; oats, other than seed imports contracted sharply to $374 in 2022. In general, imports recorded a dramatic downturn. The growth pace was the most rapid in 2020 with an increase of 46% against the previous year. As a result, imports reached the peak of $7.9M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Cereals; Oats, Other than Seed in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | N/A | N/A | N/A | N/A | 0% |
| Sri Lanka | N/A | N/A | N/A | N/A | 0% |
| Netherlands | N/A | N/A | N/A | N/A | 0% |
| United Kingdom | N/A | N/A | N/A | N/A | 0% |
| Finland | 5.4 | 7.9 | N/A | N/A | 46.3% |
| Taiwan (Chinese) | N/A | N/A | N/A | N/A | 0% |
| Australia | N/A | N/A | 4.8 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.4 | 7.9 | 4.8 | N/A | -5.7% |
Top Suppliers of Cereals; Oats, Other than Seed to South Africa in 2022:
- Taiwan (Chinese) (460.0 kg)
- Sri Lanka (80.0 kg)
- Netherlands (46.0 kg)
- United Kingdom (23.0 kg)
- New Zealand (14.0 kg)
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