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South Africa - Malt Extract and Food Preparations of Flour, Meal, and Starch - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSouth Africa: Market for Malt Extract And Food Preparations Of Flour, Meal, And Starch 2024
Market Size for Malt Extract And Food Preparations Of Flour, Meal, And Starch in South Africa
In 2023, the South African market for malt extract and food preparations of flour, meal, and starches decreased by X% to $X, falling for the third year in a row after three years of growth. Over the period under review, consumption saw a deep reduction. Consumption of peaked at $X in 2020; however, from 2021 to 2023, consumption stood at a somewhat lower figure.
Production of Malt Extract And Food Preparations Of Flour, Meal, And Starch in South Africa
In value terms, production of malt extract and food preparations of flour, meal, and starches dropped to $X in 2023 estimated in export price. In general, production enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Production of peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.
Exports of Malt Extract And Food Preparations Of Flour, Meal, And Starch
Exports from South Africa
In 2023, shipments abroad of malt extract and food preparations of flour, meal, and starches increased by X% to X tons, rising for the second consecutive year after four years of decline. Overall, total exports indicated a prominent increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2021 indices. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports of attained the maximum in 2023 and are likely to continue growth in years to come.
In value terms, exports of malt extract and food preparations of flour, meal, and starches amounted to $X in 2023. In general, exports posted resilient growth. The pace of growth was the most pronounced in 2016 when exports increased by X%. The exports peaked in 2023 and are expected to retain growth in years to come.
Exports by Country
Botswana (X tons), Congo (X tons) and Namibia (X tons) were the main destinations of exports of malt extract and food preparations of flour, meal, and starches from South Africa, together accounting for X% of total exports. Angola, Mozambique, Democratic Republic of the Congo, Lesotho, Swaziland, Zimbabwe and Zambia lagged somewhat behind, together comprising a further X%.
From 2012 to 2023, the biggest increases were recorded for Lesotho (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Congo ($X) remains the key foreign market for malt extract and food preparations of flour, meal, and starches exports from South Africa, comprising X% of total exports. The second position in the ranking was held by Botswana ($X), with a X% share of total exports. It was followed by Democratic Republic of the Congo, with an X% share.
From 2012 to 2023, the average annual growth rate of value to Congo amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Botswana (X% per year) and Democratic Republic of the Congo (X% per year).
Export Prices by Country
In 2023, the average export price for malt extract and food preparations of flour, meal, and starches amounted to $X per ton, waning by X% against the previous year. In general, the export price, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The export price peaked at $X per ton in 2021; however, from 2022 to 2023, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Congo ($X per ton), while the average price for exports to Angola ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Congo (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Malt Extract And Food Preparations Of Flour, Meal, And Starch
Imports into South Africa
In 2023, the amount of malt extract and food preparations of flour, meal, and starches imported into South Africa expanded markedly to X tons, increasing by X% on the previous year. In general, imports recorded a resilient increase. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Imports peaked in 2023 and are expected to retain growth in the near future.
In value terms, imports of malt extract and food preparations of flour, meal, and starches soared to $X in 2023. Over the period under review, imports saw a resilient increase. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Over the period under review, imports of attained the peak figure in 2023 and are expected to retain growth in years to come.
Imports by Country
In 2023, France (X tons) constituted the largest supplier of malt extract and food preparations of flour, meal, and starch to South Africa, accounting for a X% share of total imports. Moreover, imports of malt extract and food preparations of flour, meal, and starches from France exceeded the figures recorded by the second-largest supplier, Swaziland (X tons), twofold. The third position in this ranking was taken by Namibia (X tons), with a X% share.
From 2012 to 2023, the average annual growth rate of volume from France stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Swaziland (X% per year) and Namibia (X% per year).
In value terms, France ($X) constituted the largest supplier of malt extract and food preparations of flour, meal, and starches to South Africa, comprising X% of total imports. The second position in the ranking was held by Denmark ($X), with an X% share of total imports. It was followed by the UK, with a X% share.
From 2012 to 2023, the average annual growth rate of value from France amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (X% per year) and the UK (X% per year).
Import Prices by Country
In 2023, the average import price for malt extract and food preparations of flour, meal, and starches amounted to $X per ton, increasing by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2023 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Malaysia ($X per ton), while the price for Ghana ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Namibia (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for malt extract and food preparations of flour, meal, and starch in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 50 - Malt Extract
- FCL 115 - Food Preparations of Flour, Meal or Malt Extract
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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