South Africa - Husked (Brown) Rice - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBrown Rice Price in South Africa - 2023
Contents:
- Brown Rice Price in South Africa (CIF) - 2022
- Brown Rice Price in South Africa (FOB) - 2022
- Brown Rice Imports in South Africa
- Brown Rice Exports in South Africa
Brown Rice Price in South Africa (CIF) - 2022
The average brown rice import price stood at $503 per ton in 2022, increasing by 6.4% against the previous year. In general, the import price, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2015 an increase of 46%. Over the period under review, average import prices hit record highs at $1,782 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
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 India ($1,313 per ton), while the price for Thailand ($435 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (+13.9%), while the prices for the other major suppliers experienced a decline.
Brown Rice Price in South Africa (FOB) - 2022
In 2022, the average brown rice export price amounted to $639 per ton, which is down by -7.6% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 35%. As a result, the export price attained the peak level of $713 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Botswana ($1,742 per ton), while the average price for exports to Namibia ($496 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 (+2.2%), while the prices for the other major destinations experienced mixed trend patterns.
Brown Rice Imports in South Africa
In 2022, purchases abroad of husked (brown) rice decreased by -72.8% to 4.4K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted a temperate increase. The most prominent rate of growth was recorded in 2021 when imports increased by 272%. As a result, imports reached the peak of 16K tons, and then declined remarkably in the following year.
In value terms, brown rice imports shrank markedly to $2.2M in 2022. Overall, imports, however, continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2021 when imports increased by 205%. As a result, imports attained the peak of $7.6M, and then shrank dramatically in the following year.
| Import of Brown Rice in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 1.5 | 1.9 | 7.3 | 1.8 | 6.3% |
| India | 0.1 | 0.5 | 0.2 | 0.2 | 26.0% |
| Pakistan | 0.2 | N/A | N/A | 0.1 | -20.6% |
| Others | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Total | 1.9 | 2.5 | 7.6 | 2.2 | 5.0% |
Top Suppliers of Brown Rice to South Africa in 2022:
- Thailand (4.1K tons)
- India (0.2K tons)
- Pakistan (0.1K tons)
Brown Rice Exports in South Africa
In 2022, overseas shipments of husked (brown) rice decreased by -9.4% to 1.1K tons, falling for the second year in a row after two years of growth. Overall, exports showed a deep contraction. The pace of growth appeared the most rapid in 2020 with an increase of 53% against the previous year. As a result, the exports attained the peak of 2K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, brown rice exports reduced rapidly to $694K in 2022. In general, exports continue to indicate a noticeable downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 60%. As a result, the exports attained the peak of $1.3M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Brown Rice in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Swaziland | 463 | 889 | 300 | 400 | -4.8% |
| Zimbabwe | 3.6 | 50.2 | 93.9 | 161 | 255.0% |
| Lesotho | 104 | 74.5 | 26.4 | 53.3 | -20.0% |
| Botswana | 52.6 | 135 | 238 | 22.0 | -25.2% |
| Namibia | 78.8 | 74.0 | 131 | 18.6 | -38.2% |
| Others | 79.5 | 30.6 | 39.9 | 38.9 | -21.2% |
| Total | 781 | 1,253 | 830 | 694 | -3.9% |
Top Export Markets for Brown Rice from South Africa in 2022:
- Swaziland (663.3 tons)
- Zimbabwe (273.3 tons)
- Lesotho (67.8 tons)
- Namibia (37.4 tons)
- Botswana (12.6 tons)
This report provides an in-depth analysis of the brown rice market 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:
- Prodcom 10611100 - Husked (brown) rice
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
-
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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