SADC: Market for Flaked or Rolled Cereals 2024

Market Size for Flaked or Rolled Cereals in SADC

The SADC flaked or rolled cereal market expanded to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption continues to indicate buoyant growth. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Flaked or Rolled Cereals in SADC

In value terms, flaked or rolled cereal production rose modestly to $X in 2022 estimated in export price. Over the period under review, production enjoyed a remarkable increase. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Flaked or Rolled Cereals

Exports in SADC

In 2022, flaked or rolled cereal exports in SADC soared to X tons, rising by X% compared with 2021. In general, exports, however, showed a relatively flat trend pattern. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, flaked or rolled cereal exports skyrocketed to $X in 2022. Over the period under review, exports, however, showed a pronounced curtailment. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Botswana was the major exporting country with an export of around X tons, which finished at X% of total exports. South Africa (X tons) took the second position in the ranking, followed by Zambia (X tons). All these countries together held approx. X% share of total exports. Swaziland (X tons) and Tanzania (X tons) held a little share of total exports.

Botswana was also the fastest-growing in terms of the flaked or rolled cereals exports, with a CAGR of X% from 2012 to 2022. At the same time, Swaziland (X%) displayed positive paces of growth. By contrast, Zambia (X%), South Africa (X%) and Tanzania (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Botswana and Swaziland increased by X and X percentage points, respectively.

In value terms, South Africa ($X) remains the largest flaked or rolled cereal supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Botswana ($X), with a X% share of total exports. It was followed by Zambia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Botswana (X% per year) and Zambia (X% per year).

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the export price continues to indicate a slight decline. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Botswana ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Flaked or Rolled Cereals

Imports in SADC

In 2022, approx. X tons of flaked or rolled cereals were imported in SADC; with a decrease of X% compared with the previous year. Overall, imports continue to indicate a noticeable reduction. The pace of growth was the most pronounced in 2017 when imports increased by X%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, flaked or rolled cereal imports fell to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

South Africa prevails in imports structure, resulting at X tons, which was near X% of total imports in 2022. It was distantly followed by Angola (X tons) and Swaziland (X tons), together comprising a X% share of total imports. Mauritius (X tons), Democratic Republic of the Congo (X tons), Zambia (X tons), Mozambique (X tons), Botswana (X tons) and Zimbabwe (X tons) took a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to flaked or rolled cereal imports into South Africa stood at X%. At the same time, Angola (X%), Mauritius (X%), Zambia (X%), Swaziland (X%), Zimbabwe (X%) and Mozambique (X%) displayed positive paces of growth. Moreover, Angola emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. By contrast, Democratic Republic of the Congo (X%) and Botswana (X%) illustrated a downward trend over the same period. Angola (X p.p.), South Africa (X p.p.), Swaziland (X p.p.), Mauritius (X p.p.) and Democratic Republic of the Congo (X p.p.) significantly strengthened its position in terms of the total imports, while Botswana saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported flaked or rolled cereals in SADC, comprising X% of total imports. The second position in the ranking was taken by Angola ($X), with a X% share of total imports. It was followed by Mauritius, with an X% share.

In South Africa, flaked or rolled cereal imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Angola (X% per year) and Mauritius (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mauritius ($X per ton), while Democratic Republic of the Congo ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zimbabwe (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform