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Apr 10, 2019

Africa - Rice - Market Analysis, Forecast, Size, Trends and Insights

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Africa: Rice Market Overview 2019

Rice Market Size in Africa

The revenue of the rice market in Africa amounted to $X in 2017, lowering by -X% against the previous year. The total market indicated a strong growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the rice consumption increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2008, when it surged by X% year-to-year. The level of rice consumption peaked of $X in 2016, and then declined slightly in the following year.

Rice Production in Africa

The rice production stood at X tonnes in 2017, shrinking by -X% against the previous year. The total output indicated a remarkable increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the rice production increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2016, when the output figure increased by X% against the previous year. In that year, the rice production reached their peak volume of X tonnes, and then declined slightly in the following year. The general positive trend in terms of rice output was largely conditioned by a remarkable growth of the harvested area and a relatively flat trend pattern in yield figures.

The countries with the highest volumes of rice production in 2017 were Nigeria (X tonnes), Egypt (X tonnes) and Madagascar (X tonnes), together accounting for X% of total production. These countries were followed by Tanzania, Mali, Guinea, Cote d'Ivoire, Sierra Leone, Democratic Republic of the Congo, Ghana and Senegal, which together accounted for a further X%.

From 2007 to 2017, the most notable rate of growth in terms of rice production, amongst the main producing countries, was attained by Ghana (+X% per year), while the other leaders experienced more modest paces of growth.

The average rice yield totaled X tonne per ha in 2017, surging by X% against the previous year. The rice yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when it surged by X% year-to-year. The level of rice yield peaked of X tonne per ha in 2009; however, from 2010 to 2017, it stood at a somewhat lower level. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2017, approx. X ha of rice were harvested in Africa; shrinking by -X% against the previous year. The total harvested area indicated a strong expansion from 2007 to 2017: its figure increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the rice harvested area increased by +X% against 2007 indices. The growth pace was the most rapid in 2016, when harvested area increased by X% y-o-y. In that year, the rice harvested area reached their peak figure of X ha, and then declined slightly in the following year.

Rice Exports

Exports in Africa

In 2017, the amount of rice exported in Africa totaled X tonnes, declining by -X% against the previous year. The rice exports continue to indicate an abrupt deduction. The pace of growth was the most pronounced in 2015, when it surged by X% year-to-year. The volume of exports peaked of X tonnes in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, rice exports totaled $X in 2017. The rice exports continue to indicate a drastic decline. In that year, the rice exports attained their peak level of $X. From 2012 to 2017, growth of the rice exports stood at a somewhat lower level.

Export Prices by Country

In 2017, the rice export price in Africa amounted to $X per tonne, reducing by -X% against the previous year. The export price indicated a temperate expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the rice export price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2011, when it surged by X% against the previous year. In that year, the export prices for rice attained their peak level of $X per tonne. From 2012 to 2017, growth of the export prices for rice stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Burkina Faso ($X per tonne), while Niger ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Burkina Faso (+X% per year), while the other leaders experienced more modest paces of growth.

Rice Imports

Imports in Africa

In 2017, rice imports in Africa totaled X tonnes, increasing by X% against the previous year. The rice imports continue to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2009, when it surged by X% year-to-year. The volume of imports peaked in 2017, and are likely to see steady growth in the near future.

In value terms, rice imports amounted to $X in 2017. The rice imports continue to indicate a prominent growth. Over the period under review, the rice imports reached its peak figure level in 2017, and are likely to continue its growth in the immediate term.

Imports by Country

In 2017, Libya (X tonnes) was the major importer for rice, comprising X% of total imports. It was distantly followed by Sudan (X tonnes) and Benin (X tonnes), together comprising X% share of total imports. The following importers - Angola (X tonnes) and Uganda (X tonnes) each amounted to a X% share of total imports.

From 2007 to 2017, average annual rates of growth with regard to rice imports into Libya stood at +X%. At the same time, Uganda (+X%), Sudan (+X%), Angola (+X%) and Benin (+X%) displayed positive paces of growth. Moreover, Uganda emerged as the fastest growing importer in Africa, with a CAGR of +X% from 2007-2017. Uganda (-X%), Angola (-X%), Benin (-X%), Sudan (-X%) and Libya (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Libya ($X) constitutes the largest market for imported rice in Africa, making up X% of global imports. The second position in the ranking was occupied by Sudan ($X), with a X% share of global imports. It was followed by Benin, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Libya amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Sudan (+X% per year) and Benin (+X% per year).

Import Prices by Country

In 2017, the rice import price in Africa amounted to $X per tonne, stabilizing at the previous year. The rice import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when it surged by X% year-to-year. Over the period under review, the import prices for rice reached its peak figure level of $X per tonne in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Sudan ($X per tonne), while Uganda ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Benin (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:

This report provides an in-depth analysis of the rice market in 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 2025.



Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Africa, split by region and country
• Trade (exports and imports) in 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Algeria
• Angola
• Benin
• Botswana
• Burkina Faso
• Burundi
• Cabo Verde
• Cameroon
• Central African Republic
• Chad
• Comoros
• Congo
• Democratic Republic of the Congo
• Djibouti
• Egypt
• Equatorial Guinea
• Eritrea
• Ethiopia
• Gabon
• Gambia
• Ghana
• Guinea
• Guinea-Bissau
• Kenya
• Lesotho
• Liberia
• Libya
• Madagascar
• Malawi
• Mali
• Mauritania
• Mauritius
• Mayotte
• Morocco
• Mozambique
• Namibia
• Niger
• Nigeria
• Réunion
• Rwanda
• Saint Helena, Ascension and Tristan da Cunha
• Sao Tome and Principe
• Senegal
• Seychelles
• Sierra Leone
• Somalia
• South Africa
• Sudan
• Swaziland
• Tanzania
• Togo
• Tunisia
• Uganda
• Zambia
• Zimbabwe
• Cote d'Ivoire
• Western Sahara
• South Sudan
LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption, By Country, 2015–2018
Table 5:
Production, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Physical Terms, By Country, 2007–2018
Table 7:
Imports, In Value Terms, By Country, 2007–2018
Table 8:
Import Prices, By Country Of Destination, 2007–2018
Table 9:
Exports, In Physical Terms, By Country, 2007–2018
Table 10:
Exports, In Value Terms, By Country, 2007–2018
Table 11:
Export Prices, By Country Of Origin, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Consumption, By Country, 2018
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2018
Figure 17:
Production, In Value Terms, 2007–2018
Figure 18:
Production, By Country, 2018
Figure 19:
Production, In Physical Terms, By Country, 2007–2018
Figure 20:
Imports, In Physical Terms, 2007–2018
Figure 21:
Imports, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, By Country, 2018
Figure 23:
Imports, In Physical Terms, By Country, 2007–2018
Figure 24:
Imports, In Value Terms, By Country, 2007–2018
Figure 25:
Import Prices, By Country, 2007–2018
Figure 26:
Exports, In Physical Terms, 2007–2018
Figure 27:
Exports, In Value Terms, 2007–2018
Figure 28:
Exports, In Physical Terms, By Country, 2018
Figure 29:
Exports, In Physical Terms, By Country, 2007–2018
Figure 30:
Exports, In Value Terms, By Country, 2007–2018
Figure 31:
Export Prices, 2007–2018
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