South Africa - Malt Extract And Food Preparations Of Flour, Meal, And Starch - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Malt Extract and Food Preparations of Flour, Meal, and Starch in South Africa - 2024
Contents:
- Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in South Africa (FOB) - 2024
- Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in South Africa (CIF) - 2022
- Exports of Malt Extract and Food Preparations of Flour, Meal, and Starch in South Africa
- Imports of Malt Extract and Food Preparations of Flour, Meal, and Starch in South Africa
Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in South Africa (FOB) - 2024
In January 2024, the average export price for malt extract and food preparations of flour, meal, and starches amounted to $1,937 per ton, declining by -4.8% against the previous month. Over the period under review, the export price recorded a noticeable contraction. The growth pace was the most rapid in May 2023 when the average export price increased by 49% m-o-m. The export price peaked at $3,390 per ton in January 2023; however, from February 2023 to January 2024, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In January 2024, the country with the highest price was Democratic Republic of the Congo ($3,405 per ton), while the average price for exports to Swaziland ($898 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Botswana (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in South Africa (CIF) - 2022
The average import price for malt extract and food preparations of flour, meal, and starches stood at $2,250 per ton in 2022, increasing by 13% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2019 when the average import price increased by 24% against the previous year. Over the period under review, average import prices reached the maximum at $2,523 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
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 Belgium ($5,519 per ton), while the price for Ghana ($92 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (+19.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Malt Extract and Food Preparations of Flour, Meal, and Starch in South Africa
In 2022, approx. 16K tons of malt extract and food preparations of flour, meal, and starches were exported from South Africa; growing by 9% compared with 2021 figures. The total export volume increased at an average annual rate of +5.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 15% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in years to come.
In value terms, exports of malt extract and food preparations of flour, meal, and starches skyrocketed to $41M in 2022. The total export value increased at an average annual rate of +8.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Malt Extract and Food Preparations of Flour, Meal, and Starch in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Congo | 12.0 | 14.5 | 13.4 | 16.7 | 11.6% |
| Democratic Republic of the Congo | 2.6 | 4.0 | 3.2 | 4.2 | 17.3% |
| Mozambique | 1.9 | 1.7 | 3.1 | 3.2 | 19.0% |
| Botswana | 2.4 | 1.3 | 2.2 | 3.2 | 10.1% |
| Namibia | 2.0 | 1.5 | 1.3 | 1.7 | -5.3% |
| Lesotho | 0.2 | 0.5 | 0.4 | 1.5 | 95.7% |
| Zambia | 1.6 | 1.3 | 1.4 | 1.5 | -2.1% |
| Angola | 2.8 | 0.9 | 0.3 | 1.3 | -22.6% |
| Zimbabwe | 0.6 | 1.2 | 1.3 | 1.1 | 22.4% |
| Swaziland | 0.5 | 0.5 | 0.5 | 0.7 | 11.9% |
| Others | 6.1 | 6.2 | 6.7 | 5.9 | -1.1% |
| Total | 32.7 | 33.5 | 33.8 | 41.1 | 7.9% |
Top Export Markets for Malt Extract and Food Preparations of Flour, Meal, and Starch from South Africa in 2022:
- Botswana (3.0K tons)
- Congo (2.9K tons)
- Lesotho (1.6K tons)
- Namibia (1.4K tons)
- Mozambique (1.2K tons)
- Democratic Republic of the Congo (1.0K tons)
- Angola (0.9K tons)
- Zimbabwe (0.8K tons)
- Swaziland (0.6K tons)
- Zambia (0.4K tons)
Imports of Malt Extract and Food Preparations of Flour, Meal, and Starch in South Africa
In 2022, imports of malt extract and food preparations of flour, meal, and starches into South Africa surged to 8K tons, picking up by 24% against 2021 figures. The total import volume increased at an average annual rate of +6.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of malt extract and food preparations of flour, meal, and starches soared to $18M in 2022. The total import value increased at an average annual rate of +9.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Malt Extract and Food Preparations of Flour, Meal, and Starch in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 0.3 | 3.5 | 3.5 | 8.5 | 204.9% |
| Denmark | 1.4 | 1.0 | 1.6 | 2.1 | 14.5% |
| United Kingdom | 0.6 | 1.2 | 1.3 | 1.6 | 38.7% |
| Germany | 0.5 | 1.2 | 1.4 | 1.2 | 33.9% |
| Ireland | 1.9 | 0.8 | 0.3 | 0.9 | -22.0% |
| Swaziland | 0.2 | 0.2 | 0.3 | 0.6 | 44.2% |
| Namibia | N/A | N/A | 0.3 | 0.5 | 66.7% |
| Poland | 0.3 | 0.2 | 0.4 | 0.2 | -12.6% |
| Ukraine | 0.4 | 0.6 | 0.4 | 0.1 | -37.0% |
| Nigeria | N/A | N/A | 0.1 | N/A | 0% |
| Argentina | 2.2 | N/A | N/A | N/A | 0% |
| Uruguay | 4.2 | 7.1 | 1.1 | N/A | -48.8% |
| Ghana | N/A | N/A | N/A | N/A | 0% |
| Others | 1.6 | 1.6 | 2.1 | 2.3 | 12.9% |
| Total | 13.7 | 17.5 | 12.9 | 18.0 | 9.5% |
Top Suppliers of Malt Extract and Food Preparations of Flour, Meal, and Starch to South Africa in 2022:
- France (2245.4 tons)
- Denmark (1039.1 tons)
- United Kingdom (925.1 tons)
- Swaziland (892.6 tons)
- Namibia (628.8 tons)
- Germany (578.0 tons)
- Ghana (443.6 tons)
- Nigeria (245.5 tons)
- Ireland (201.8 tons)
- Poland (140.3 tons)
- Ukraine (47.3 tons)
This report provides an in-depth analysis of the market for malt extract and food preparations of flour, meal, and starch 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:
- FCL 50 - Malt Extract
- FCL 115 - Food Preparations of Flour, Meal or Malt Extract
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
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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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