Report Update: May 5, 2024

South Africa - Cereal Germ - Market Analysis, Forecast, Size, Trends And Insights

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Cereal Germ Price in South Africa - 2023

Cereal Germ Price in South Africa (FOB) - 2022

The average cereal germ export price stood at $1,022 per ton in 2022, with a decrease of -63.3% against the previous year. Over the period under review, the export price recorded a deep downturn. The most prominent rate of growth was recorded in 2017 an increase of 107% against the previous year. The export price peaked at $3,659 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($3,802 per ton), while the average price for exports to the UK ($503 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 the United Arab Emirates (+41.9%), while the prices for the other major destinations experienced more modest paces of growth.

Cereal Germ Price in South Africa (CIF) - 2022

In 2022, the average cereal germ import price amounted to $809 per ton, declining by -3.1% against the previous year. In general, the import price saw a mild descent. The pace of growth appeared the most rapid in 2017 an increase of 30% against the previous year. The import price peaked at $1,050 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($867 per ton), while the price for India stood at $749 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.6%), while the prices for the other major suppliers experienced a decline.

Cereal Germ Exports in South Africa

In 2022, the amount of cereal germ exported from South Africa soared to 27 tons, increasing by 62% on the previous year's figure. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 233%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, cereal germ exports fell remarkably to $27K in 2022. Over the period under review, exports, however, continue to indicate a pronounced slump. The pace of growth appeared the most rapid in 2021 when exports increased by 220% against the previous year. As a result, the exports reached the peak of $46K, and then contracted remarkably in the following year.

Export of Cereal Germ in South Africa (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Georgia	N/A	N/A	N/A	13.1	0%
United Arab Emirates	N/A	N/A	37.1	10.6	-71.4%
Botswana	0.2	1.2	1.7	1.6	100.0%
United Kingdom	N/A	N/A	N/A	0.4	0%
Uganda	22.2	N/A	N/A	N/A	0%
Zimbabwe	N/A	N/A	3.6	N/A	0%
Lesotho	2.6	5.3	3.0	N/A	7.4%
Swaziland	N/A	6.1	0.1	N/A	-98.4%
Others	5.2	1.7	0.4	1.7	-31.1%
Total	30.2	14.3	45.9	27.3	-3.3%

Top Export Markets for Cereal Germ from South Africa in 2022:

Georgia (22.0 tons)
United Arab Emirates (2.8 tons)
United Kingdom (0.7 tons)
Botswana (0.5 tons)

Cereal Germ Imports in South Africa

After three years of growth, supplies from abroad of cereal germ decreased by -46.4% to 18 tons in 2022. In general, imports recorded a perceptible setback. The growth pace was the most rapid in 2021 with an increase of 50% against the previous year. As a result, imports attained the peak of 33 tons, and then reduced remarkably in the following year.

In value terms, cereal germ imports contracted remarkably to $14K in 2022. Overall, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. As a result, imports attained the peak of $27K, and then shrank significantly in the following year.

Import of Cereal Germ in South Africa (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	N/A	0.5	20.2	7.7	292.4%
India	11.3	14.2	6.8	6.2	-18.1%
Austria	4.6	N/A	N/A	N/A	0%
Bangladesh	N/A	5.9	N/A	N/A	0%
Netherlands	4.0	N/A	N/A	N/A	0%
Others	0.9	0.4	0.3	0.3	-30.7%
Total	20.7	21.1	27.3	14.2	-11.8%

Top Suppliers of Cereal Germ to South Africa in 2022:

United States (8.9 tons)
India (8.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cereal germ 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 10613335 - Germ of cereals, whole, rolled, flaked or ground (excluding 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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023