Africa: Paddy Rice Market 2024

Paddy Rice Market Size in Africa

In 2022, the African paddy rice market decreased by X% to $X for the first time since 2017, thus ending a four-year rising trend. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of consumption peaked at $X in 2021, and then contracted slightly in the following year.

Paddy Rice Production in Africa

In value terms, paddy rice production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, posted a prominent increase. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

The countries with the highest volumes of production in 2022 were Nigeria (X tons), Egypt (X tons) and Madagascar (X tons), with a combined X% share of total production. Tanzania, Mali, Guinea, Cote d'Ivoire, Democratic Republic of the Congo, Sierra Leone, Senegal and Ghana lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the main producing countries, was attained by Senegal (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

The average paddy rice yield reduced modestly to X tons per ha in 2022, approximately mirroring 2021 figures. In general, the yield showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the yield increased by X% against the previous year. The level of yield peaked at X tons per ha in 2012; however, from 2013 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of paddy rice production in Africa fell modestly to X ha, reducing by X% compared with the year before. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to paddy rice production reached the peak figure at X ha in 2021, and then contracted modestly in the following year.

Paddy Rice Exports

Exports in Africa

In 2022, paddy rice exports in Africa totaled X tons, remaining relatively unchanged against 2021 figures. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, paddy rice exports declined to $X in 2022. Over the period under review, exports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Tanzania represented the major exporting country with an export of around X tons, which amounted to X% of total exports. South Africa (X tons) took the second position in the ranking, distantly followed by Cameroon (X tons) and Ghana (X tons). All these countries together took approx. X% share of total exports. The following exporters - Senegal (X tons), Benin (X tons) and Mauritius (X tons) - each resulted at a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to paddy rice exports from Tanzania stood at X%. At the same time, Ghana (X%), Cameroon (X%), Mauritius (X%), Benin (X%) and Senegal (X%) displayed positive paces of growth. Moreover, Ghana emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, South Africa (X%) illustrated a downward trend over the same period. While the share of Tanzania (X p.p.), Cameroon (X p.p.), Ghana (X p.p.), Mauritius (X p.p.), Benin (X p.p.) and Senegal (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics.

In value terms, the largest paddy rice supplying countries in Africa were South Africa ($X), Tanzania ($X) and Senegal ($X), together accounting for X% of total exports. Mauritius, Cameroon, Ghana and Benin lagged somewhat behind, together accounting for a further X%.

Ghana, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of 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

In 2022, the export price in Africa amounted to $X per ton, waning by X% against the previous year. Over the period under review, the export price showed a abrupt downturn. The growth pace was the most rapid in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced a decline in the export price figures.

Paddy Rice Imports

Imports in Africa

In 2022, after two years of growth, there was significant decline in overseas purchases of paddy rice, when their volume decreased by X% to X tons. Overall, imports showed a noticeable downturn. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, paddy rice imports dropped slightly to $X in 2022. Over the period under review, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Libya was the key importing country with an import of about X tons, which amounted to X% of total imports. Uganda (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Sudan (X%) and Benin (X%). Namibia (X tons) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to paddy rice imports into Libya stood at X%. At the same time, Uganda (X%), Namibia (X%), Sudan (X%) and Benin (X%) displayed positive paces of growth. Moreover, Uganda emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. Uganda (X p.p.), Sudan (X p.p.), Benin (X p.p.) and Namibia (X p.p.) significantly strengthened its position in terms of the total imports, while Libya saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Libya ($X), Sudan ($X) and Uganda ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

In terms of the main importing countries, Uganda, with a CAGR of X%, recorded the highest growth rate of 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 2022, the import price in Africa amounted to $X per ton, picking up by X% against the previous year. In general, the import price, however, saw a slight setback. The pace of growth appeared the most rapid in 2020 when the import price increased by X%. Over the period under review, import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Sudan ($X per ton), while Benin ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sudan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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