Africa: Milled Rice Market 2020

Milled Rice Market Size in Africa

The African milled rice market rose slightly to $X in 2019, with an increase of X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, the market attained the maximum level in 2019 and is likely to see gradual growth in the immediate term.

Milled Rice Production in Africa

In value terms, milled rice production rose markedly to $X in 2019 estimated in export prices. The total production indicated resilient growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, production attained the peak level in 2019 and is likely to see steady growth in the near future.

The countries with the highest volumes of milled rice production in 2019 were Nigeria (X tons), Egypt (X tons) and Madagascar (X tons), with a combined X% share of total production. These countries were followed by Mali, Tanzania, Guinea, Cote d'Ivoire, Democratic Republic of the Congo, Sierra Leone, Ghana, Senegal and Benin, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of milled rice production, amongst the main producing countries, was attained by Benin, while milled rice production for the other leaders experienced more modest paces of growth.

The average milled rice yield was estimated at X tons per ha in 2019, remaining relatively unchanged against the previous year. In general, the yield, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. The level of yield peaked at X tons per ha in 2009; however, from 2010 to 2019, the yield failed to regain the momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, the total area harvested in terms of milled rice production in Africa stood at X ha, growing by X% compared with 2018 figures. The total harvested area indicated a pronounced increase from 2007 to 2019: its figure increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, milled rice harvested area increased by +X% against 2016 indices. The growth pace was the most rapid in 2010 when the harvested area increased by X% y-o-y. Over the period under review, the harvested area dedicated to milled rice production reached the maximum in 2019 and is expected to retain growth in the near future.

Production By Country in Africa

The countries with the highest volumes of milled rice production in 2019 were Nigeria (X tons), Egypt (X tons) and Madagascar (X tons), with a combined X% share of total production. These countries were followed by Mali, Tanzania, Guinea, Cote d'Ivoire, Democratic Republic of the Congo, Sierra Leone, Ghana, Senegal and Benin, which together accounted for a further X 2007 to 2019, the biggest increases were in Benin, while milled rice production for the other leaders experienced more modest paces of growth.

Milled Rice Exports

Exports in Africa

In 2019, overseas shipments of milled rice increased by X% to X tons, rising for the second year in a row after three years of decline. Total exports indicated a pronounced increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2017 indices. The growth pace was the most rapid in 2009 with an increase of X% y-o-y. Over the period under review, exports hit record highs at X tons in 2014; however, from 2015 to 2019, exports failed to regain the momentum.

In value terms, milled rice exports reached $X in 2019. The total export value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2009 with an increase of X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2019, exports failed to regain the momentum.

Exports by Country

The biggest shipments were from Senegal (X tons), South Africa (X tons), Rwanda (X tons), Tanzania (X tons), Uganda (X tons) and Niger (X tons), together resulting at X% of total export. Togo (X tons) ranks next in terms of the total exports with a X% share, followed by Egypt (X%).

From 2007 to 2019, the biggest increases were in South Africa, while shipments for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Senegal ($X) and Niger ($X) appeared to be the countries with the highest levels of exports in 2019, together comprising X% of total exports.

South Africa saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The milled rice export price in Africa stood at $X per ton in 2019, reducing by -X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. The level of export peaked at $X per ton in 2011; however, from 2012 to 2019, export prices failed to regain the momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Niger ($X per ton), while Togo ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Niger, while the other leaders experienced more modest paces of growth.

Milled Rice Imports

Imports in Africa

After three years of growth, overseas purchases of milled rice decreased by -X% to X tons in 2019. Total imports indicated moderate growth from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. The volume of import peaked at X tons in 2018, and then reduced in the following year.

In value terms, milled rice imports contracted to $X in 2019. Total imports indicated a noticeable expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2019, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the twelve major importers of milled rice, namely Cote d'Ivoire, Ghana, Guinea, South Africa, Senegal, Benin, Kenya, Cameroon, Mozambique, Angola, Togo and Somalia, represented more than two-thirds of total import.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Angola, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest milled rice importing markets in Africa were Cote d'Ivoire ($X), South Africa ($X) and Ghana ($X), with a combined X% share of total imports. These countries were followed by Guinea, Senegal, Kenya, Benin, Mozambique, Angola, Cameroon, Togo and Somalia, which together accounted for a further X terms of the main importing countries, Somalia recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the milled rice import price in Africa amounted to $X per ton, falling by -X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2011; however, from 2012 to 2019, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2019, major importing countries recorded the following prices: in South Africa ($X per ton) and Cote d'Ivoire ($X per ton), while Benin ($X per ton) and Ghana ($X per ton) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Kenya, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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