South Africa - Rice Bran - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRice Bran Price in South Africa - 2023
Contents:
- Rice Bran Price in South Africa (CIF) - 2022
- Rice Bran Price in South Africa (FOB) - 2022
- Rice Bran Imports in South Africa
- Rice Bran Exports in South Africa
Rice Bran Price in South Africa (CIF) - 2022
The average rice bran import price stood at $62 per ton in 2022, approximately mirroring the previous year. In general, the import price, however, showed a abrupt curtailment. The pace of growth was the most pronounced in 2014 when the average import price increased by 262%. The import price peaked at $1,514 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Malawi.
From 2012 to 2022, the rate of growth in terms of prices for Lesotho amounted to +7.8% per year.
Rice Bran Price in South Africa (FOB) - 2022
In 2022, the average rice bran export price amounted to $635 per ton, picking up by 62% against the previous year. Overall, the export price enjoyed a buoyant increase. The growth pace was the most rapid in 2014 when the average export price increased by 509%. As a result, the export price attained the peak level of $2,008 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Zambia ($1,390 per ton), while the average price for exports to Lesotho ($324 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 (+5.0%), while the prices for the other major destinations experienced mixed trend patterns.
Rice Bran Imports in South Africa
Rice bran imports into South Africa fell remarkably to 14K tons in 2022, reducing by -32.1% on the previous year's figure. In general, imports, however, continue to indicate a slight expansion. The pace of growth was the most pronounced in 2021 with an increase of 208% against the previous year. As a result, imports attained the peak of 20K tons, and then shrank dramatically in the following year.
In value terms, rice bran imports contracted dramatically to $850K in 2022. Overall, imports continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 120%.
| Import of Rice Bran in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malawi | 1,283 | 522 | 1,185 | 797 | -14.7% |
| Others | 32.3 | 41.0 | 55.3 | 52.7 | 17.7% |
| Total | 1,315 | 563 | 1,240 | 850 | -13.5% |
Top Suppliers of Rice Bran to South Africa in 2022:
- Malawi (13.5K tons)
Rice Bran Exports in South Africa
In 2022, the amount of rice bran exported from South Africa fell dramatically to 27 tons, declining by -76.2% on the previous year's figure. Over the period under review, exports saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 450%.
In value terms, rice bran exports fell sharply to $17K in 2022. In general, exports continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 406%.
| Export of Rice Bran in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Swaziland | 8.4 | 5.6 | 4.8 | 10.3 | 7.0% |
| Lesotho | 45.7 | 2.4 | 27.6 | 4.0 | -55.6% |
| Zambia | 0.1 | 0.2 | 5.7 | 2.7 | 200.0% |
| Botswana | 35.5 | 0.7 | 1.1 | 0.2 | -82.2% |
| Others | 11.9 | N/A | 6.0 | 0.3 | -70.7% |
| Total | 102 | 8.9 | 45.2 | 17.4 | -44.5% |
Top Export Markets for Rice Bran from South Africa in 2022:
- Swaziland (12.6 tons)
- Lesotho (12.4 tons)
- Zambia (1.9 tons)
- Botswana (0.3 tons)
This report provides an in-depth analysis of the rice 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 10614030 - Bran, sharps and other residues from the sifting, milling or other working of 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
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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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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.
792
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...
919
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.
304
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.
792
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...
919
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.
