SADC: Paddy Rice Market 2024

Paddy Rice Market Size in SADC

In 2022, after two years of growth, there was decline in the SADC paddy rice market, when its value decreased by X% to $X. In general, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Paddy Rice Production in SADC

In value terms, paddy rice production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a significant expansion. The pace of growth was the most pronounced in 2015 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

The countries with the highest volumes of production in 2022 were Madagascar (X tons), Tanzania (X tons) and Democratic Republic of the Congo (X tons), together accounting for X% of total production.

From 2012 to 2022, the biggest increases were recorded for Democratic Republic of the Congo (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

The average paddy rice yield declined to X tons per ha in 2022, stabilizing at the previous year's figure. Over the period under review, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the yield increased by X%. The level of yield peaked at X tons per ha in 2012; however, from 2013 to 2022, the yield remained at a 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, approx. X ha of paddy rice were harvested in SADC; leveling off at the previous year. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when the harvested area increased by X%. The level of harvested area peaked at X ha in 2019; however, from 2020 to 2022, the harvested area failed to regain momentum.

Paddy Rice Exports

Exports in SADC

In 2022, exports of paddy rice in SADC stood at X tons, growing by X% against 2021. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, paddy rice exports contracted slightly to $X in 2022. Overall, exports, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Tanzania represented the largest exporting country with an export of around X tons, which resulted at X% of total exports. It was distantly followed by South Africa (X tons), committing a X% share of total exports. Mauritius (X tons) held a relatively small 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, Mauritius (X%) displayed positive paces of growth. Moreover, Mauritius emerged as the fastest-growing exporter exported in SADC, 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.) and Mauritius (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, South Africa ($X), Tanzania ($X) and Mauritius ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

In terms of the main exporting countries, Mauritius, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, falling by X% against the previous year. Overall, the export price saw a deep reduction. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. 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.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Tanzania ($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 SADC

In 2022, the amount of paddy rice imported in SADC dropped remarkably to X tons, shrinking by X% compared with the previous year. Over the period under review, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, paddy rice imports shrank rapidly to $X in 2022. In general, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of X%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Namibia represented the main importer of paddy rice in SADC, with the volume of imports finishing at X tons, which was near X% of total imports in 2022. It was distantly followed by South Africa (X tons), Lesotho (X tons), Botswana (X tons) and Swaziland (X tons), together committing a X% share of total imports. Angola (X tons) and Zambia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Angola (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest paddy rice importing markets in SADC were Namibia ($X), South Africa ($X) and Lesotho ($X), with a combined X% share of total imports. Angola, Botswana, Swaziland and Zambia lagged somewhat behind, together accounting for a further X%.

Angola, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, rising by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Angola ($X per ton), while Zambia ($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 more modest paces of growth.

Source: IndexBox Platform

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