Africa: Maize Bran Market 2024

Maize Bran Market Size in Africa

The African maize bran market stood at $X in 2023, approximately reflecting the previous year. The total consumption indicated temperate growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2021 indices. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2023, consumption failed to regain momentum.

Maize Bran Production in Africa

In value terms, maize bran production amounted to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2023, production growth remained at a somewhat lower figure.

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Maize Bran Exports

Exports in Africa

In 2023, shipments abroad of maize bran decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. Over the period under review, exports faced a abrupt downturn. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, maize bran exports reduced notably to $X in 2023. Overall, exports faced a abrupt decline. The pace of growth was the most pronounced in 2014 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Zambia was the main exporter of maize bran in Africa, with the volume of exports finishing at X tons, which was near X% of total exports in 2023. Malawi (X tons) ranks second in terms of the total exports with an X% share, followed by Botswana (X%), Lesotho (X%), South Africa (X%) and Mozambique (X%). Uganda (X tons) held a little share of total exports.

From 2012 to 2023, average annual rates of growth with regard to maize bran exports from Zambia stood at X%. At the same time, Lesotho (X%), Mozambique (X%), Malawi (X%), South Africa (X%) and Botswana (X%) displayed positive paces of growth. Moreover, Lesotho emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2023. By contrast, Uganda (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Malawi, Lesotho, Botswana, South Africa and Mozambique increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Zambia ($X) remains the largest maize bran supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Lesotho ($X), with a X% share of total exports. It was followed by South Africa, with an X% share.

In Zambia, maize bran exports plunged by an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Lesotho (X% per year) and South Africa (X% per year).

Export Prices by Country

In 2023, the export price in Africa amounted to $X per ton, picking up by X% against the previous year. In general, the export price, however, recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2022 an increase of X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Uganda ($X per ton), while Malawi ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Uganda (X%), while the other leaders experienced a decline in the export price figures.

Maize Bran Imports

Imports in Africa

In 2023, maize bran imports in Africa dropped slightly to X tons, remaining relatively unchanged against the year before. Total imports indicated a temperate expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2021; however, from 2022 to 2023, imports remained at a lower figure.

In value terms, maize bran imports rose rapidly to $X in 2023. Total imports indicated a noticeable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports failed to regain momentum.

Imports by Country

Egypt represented the major importing country with an import of around X tons, which amounted to X% of total imports. South Africa (X tons) ranks second in terms of the total imports with a X% share, followed by Namibia (X%), Morocco (X%) and Botswana (X%). Kenya (X tons) and Zimbabwe (X tons) held a minor share of total imports.

From 2012 to 2023, the biggest increases were recorded for Morocco (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X) constitutes the largest market for imported maize bran in Africa, comprising X% of total imports. The second position in the ranking was held by South Africa ($X), with a X% share of total imports. It was followed by Namibia, with an X% share.

In Egypt, maize bran imports increased at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: South Africa (X% per year) and Namibia (X% per year).

Import Prices by Country

In 2023, the import price in Africa amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Egypt ($X per ton), while Zimbabwe ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Botswana (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform