South Africa - Maize Bran - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 11, 2024

South Africa - Maize Bran - Market Analysis, Forecast, Size, Trends And Insights

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Maize Bran Price in South Africa - 2023

Contents:

  1. Maize Bran Price in South Africa (CIF) - 2023
  2. Maize Bran Price in South Africa (FOB) - 2023
  3. Maize Bran Imports in South Africa
  4. Maize Bran Exports in South Africa

Maize Bran Price in South Africa (CIF) - 2023

In July 2023, the average maize bran import price amounted to $165 per ton, surging by 16% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $180 per ton in November 2022; however, from December 2022 to July 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was China ($488 per ton), while the price for Malawi ($73.0 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Mozambique (+0.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Maize Bran Price in South Africa (FOB) - 2023

In July 2023, the average maize bran export price amounted to $177 per ton, increasing by 1.8% against the previous month. Overall, the export price, however, recorded a perceptible contraction. The pace of growth was the most pronounced in December 2022 an increase of 97% m-o-m. The export price peaked at $1,106 per ton in February 2023; however, from March 2023 to July 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Lesotho ($385 per ton), while the average price for exports to Botswana ($165 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lesotho (+3.7%), while the prices for the other major destinations experienced a decline.

Maize Bran Imports in South Africa

For the fourth year in a row, South Africa recorded growth in overseas purchases of maize bran, which increased by 66% to 157K tons in 2022. Overall, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, maize bran imports skyrocketed to $24M in 2022. Over the period under review, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Maize Bran in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Zambia0.60.82.97.2128.9%
Botswana0.62.93.36.6122.4%
Mozambique0.71.01.43.774.2%
NamibiaN/A1.42.02.533.6%
Lesotho2.42.22.52.2-2.9%
MalawiN/AN/A0.61.3116.7%
Zimbabwe1.70.10.2N/A-65.7%
Others0.60.10.10.1-45.0%
Total6.78.513.123.752.4%

Top Suppliers of Maize Bran to South Africa in 2022:

  1. Zambia (56.9K tons)
  2. Botswana (31.5K tons)
  3. Mozambique (26.7K tons)
  4. Malawi (17.6K tons)
  5. Namibia (13.2K tons)
  6. Lesotho (10.7K tons)
  7. Zimbabwe (0.2K tons)

Maize Bran Exports in South Africa

For the third consecutive year, South Africa recorded decline in overseas shipments of maize bran, which decreased by -76.1% to 524 tons in 2022. In general, exports showed a sharp contraction. The smallest decline of -72.1% was in 2021.

In value terms, maize bran exports fell significantly to $127K in 2022. Over the period under review, exports saw a precipitous contraction. The smallest decline of -64.1% was in 2021.

Export of Maize Bran in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lesotho63.16.896.481.08.7%
Namibia2,87727320323.5-79.9%
Botswana3,30987114111.8-84.7%
Others35.710510.311.0-32.5%
Total6,2861,256451127-72.8%

Top Export Markets for Maize Bran from South Africa in 2022:

  1. Lesotho (323.3 tons)
  2. Namibia (134.4 tons)
  3. Botswana (56.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the maize bran 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 10614010 - Bran, sharps and other residues from the sifting, milling or other working of maize (corn)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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Price of South Africas Maize Bran Soars by 16%, Reaching An Average of $165 per Ton Following Three Months of Continuous Increase
Oct 7, 2023
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In July 2023, the price of Maize Bran in South Africa reached $165 per ton (CIF), experiencing a 16% increase compared to the previous month.

Which Country Exports the Most Bran, Sharps and Other Residues; in the World?
Jul 26, 2018
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In value terms, bran, sharps and other residues; exports totaled $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total exports value increased at an average annual ra...

Boosting Turkey's and China's Imports Keep Global Wheat Bran Trade Afloat
Sep 17, 2021
Eye 914

In 2020, total wheat bran imports stood at 6.6M tons or $1.1B in value terms, remaining stable against the previous year. Turkey is the largest wheat bran importer, accounting for 24% of global imports. Turkey, China, the Netherlands and Saudi Arabia increased their imports while supplies to Vietnam, Germany, Canada, South Africa and Thailand declined in 2020. China emerged as the fastest-growing importer. The average wheat bran import price rose by +4.8% y-o-y to $174 per ton last year. Russia, Indonesia and Germany constitute key wheat bran suppliers worldwide.

Price of South Africas Maize Bran Soars by 16%, Reaching An Average of $165 per Ton Following Three Months of Continuous Increase
Oct 7, 2023
Eye 299

In July 2023, the price of Maize Bran in South Africa reached $165 per ton (CIF), experiencing a 16% increase compared to the previous month.

Which Country Exports the Most Bran, Sharps and Other Residues; in the World?
Jul 26, 2018
Eye 791

In value terms, bran, sharps and other residues; exports totaled $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total exports value increased at an average annual ra...

Boosting Turkey's and China's Imports Keep Global Wheat Bran Trade Afloat
Sep 17, 2021
Eye 914

In 2020, total wheat bran imports stood at 6.6M tons or $1.1B in value terms, remaining stable against the previous year. Turkey is the largest wheat bran importer, accounting for 24% of global imports. Turkey, China, the Netherlands and Saudi Arabia increased their imports while supplies to Vietnam, Germany, Canada, South Africa and Thailand declined in 2020. China emerged as the fastest-growing importer. The average wheat bran import price rose by +4.8% y-o-y to $174 per ton last year. Russia, Indonesia and Germany constitute key wheat bran suppliers worldwide.

Free Data: Maize Bran - South Africa