Price for Cereal Grains; Rolled or Flaked, of Oats in South Africa - 2024
Contents:
- Price for Cereal Grains; Rolled or Flaked, of Oats in South Africa (CIF) - 2024
- Price for Cereal Grains; Rolled or Flaked, of Oats in South Africa (FOB) - 2024
- Imports of Cereal Grains; Rolled or Flaked, of Oats in South Africa
- Exports of Cereal Grains; Rolled or Flaked, of Oats in South Africa
Price for Cereal Grains; Rolled or Flaked, of Oats in South Africa (CIF) - 2024
The average import price for cereal grains; rolled or flaked, of oatses stood at $793 per ton in July 2023, increasing by 9.4% against the previous month. In general, the import price, however, saw a noticeable downturn. Over the period under review, average import prices hit record highs at $1,064 per ton in February 2023; however, from March 2023 to July 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the countries with the highest prices were Lithuania ($911 per ton) and the United Arab Emirates ($871 per ton), while the price for Australia ($633 per ton) and the UK ($748 per ton) were amongst the lowest.
From January 2023 to July 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cereal Grains; Rolled or Flaked, of Oats in South Africa (FOB) - 2024
In July 2023, the average export price for cereal grains; rolled or flaked, of oatses amounted to $1,561 per ton, picking up by 2% against the previous month. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 when the average export price increased by 21% against the previous month. As a result, the export price reached the peak level of $1,776 per ton. From June 2023 to July 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Mauritius ($2,959 per ton), while the average price for exports to Namibia ($1,334 per ton) was amongst the lowest.
From January 2023 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mauritius (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereal Grains; Rolled or Flaked, of Oats in South Africa
In 2022, approx. 13K tons of cereal grains; rolled or flaked, of oatses were imported into South Africa; declining by -18.2% compared with the previous year's figure. Overall, imports saw a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 29%.
In value terms, imports of cereal grains; rolled or flaked, of oatses dropped remarkably to $8.2M in 2022. In general, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 51% against the previous year. As a result, imports reached the peak of $10M, and then shrank sharply in the following year.
| Import of Cereal Grains; Rolled or Flaked, of Oats in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 7.0 | 4.3 | 5.4 | 4.2 | -15.7% |
| Lithuania | 1.9 | 1.3 | 3.4 | 2.2 | 5.0% |
| Latvia | N/A | N/A | 0.4 | 1.0 | 150.0% |
| Finland | 0.4 | 0.3 | 0.4 | 0.4 | 0.0% |
| United Arab Emirates | N/A | N/A | N/A | 0.2 | 0% |
| Australia | 0.2 | 0.3 | 0.2 | N/A | 0.0% |
| Ukraine | 0.3 | 0.5 | 0.5 | N/A | 29.1% |
| Others | 0.6 | 0.3 | 0.2 | 0.1 | -45.0% |
| Total | 10.3 | 7.0 | 10.5 | 8.2 | -7.3% |
Top Suppliers of Cereal Grains; Rolled or Flaked, of Oats to South Africa in 2022:
- United Kingdom (8.2K tons)
- Lithuania (2.8K tons)
- Latvia (1.4K tons)
- Finland (0.3K tons)
- United Arab Emirates (0.2K tons)
- Ukraine (0.1K tons)
Exports of Cereal Grains; Rolled or Flaked, of Oats in South Africa
For the third consecutive year, South Africa recorded decline in shipments abroad of cereal grains; rolled or flaked, of oatses, which decreased by -3.9% to 1.2K tons in 2022. In general, exports saw a abrupt downturn.
In value terms, exports of cereal grains; rolled or flaked, of oatses dropped to $1.9M in 2022. Over the period under review, exports saw a abrupt decline. The smallest decline of -4.2% was in 2021.
| Export of Cereal Grains; Rolled or Flaked, of Oats in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zambia | 183 | 568 | 387 | 459 | 35.9% |
| Swaziland | 197 | 168 | 346 | 430 | 29.7% |
| Namibia | 128 | 111 | 82.0 | 231 | 21.7% |
| Mauritius | 104 | 125 | 142 | 123 | 5.8% |
| Malawi | 109 | 92.8 | 115 | 101 | -2.5% |
| Botswana | 9.7 | 160 | 123 | 101 | 118.4% |
| United Arab Emirates | 280 | 271 | 102 | 84.4 | -33.0% |
| Mozambique | 47.8 | 39.6 | 46.0 | 68.0 | 12.5% |
| Tanzania | 42.6 | 47.7 | 39.8 | 42.6 | 0.0% |
| Angola | 154 | 98.9 | 60.6 | 30.6 | -41.6% |
| Zimbabwe | 212 | 133 | 292 | 25.4 | -50.7% |
| Lesotho | 37.1 | 21.6 | 19.2 | 24.1 | -13.4% |
| Democratic Republic of the Congo | 377 | 11.3 | 12.3 | 19.1 | -63.0% |
| Others | 450 | 216 | 211 | 112 | -37.1% |
| Total | 2,332 | 2,064 | 1,977 | 1,850 | -7.4% |
Top Export Markets for Cereal Grains; Rolled or Flaked, of Oats from South Africa in 2022:
- Zambia (314.2 tons)
- Swaziland (274.4 tons)
- Namibia (180.8 tons)
- Mauritius (89.8 tons)
- Botswana (81.1 tons)
- Malawi (60.2 tons)
- Mozambique (41.2 tons)
- Lesotho (38.9 tons)
- Tanzania (28.5 tons)
- United Arab Emirates (27.5 tons)
- Zimbabwe (23.2 tons)
- Angola (19.2 tons)
- Democratic Republic of the Congo (10.0 tons)
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