Africa: Flour And Meal Market 2020

Flour And Meal Market Size in Africa

The revenue of the flour and meal market in Africa amounted to $X in 2017, rising by X% against the previous year. The total market indicated a strong expansion 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 flour and meal consumption increased by +X% against 2014 indices. The pace of growth was the most pronounced in 2008, with an increase of X% y-o-y. The level of flour and meal consumption peaked in 2017, and is likely to see steady growth in the immediate term.

Flour And Meal Production in Africa

In 2017, the amount of flour and meal produced in Africa stood at X tons, coming up by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014, when the output figure increased by X% year-to-year. Over the period under review, the flour and meal production attained its maximum volume in 2017, and is likely to see steady growth in the near future.

Flour And Meal Exports in Africa

In 2017, the amount of flour and meal exported in Africa amounted to X tons, reducing by -X% against the previous year. The flour and meal exports continue to indicate a deep drop. The pace of growth appeared the most rapid in 2009, with an increase of X% y-o-y. Over the period under review, the flour and meal exports reached its maximum volume of X tons in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

In value terms, flour and meal exports amounted to $X in 2017. The flour and meal exports continue to indicate an abrupt shrinkage. In that year, the flour and meal exports reached their peak level of $X. From 2010 to 2017, growth of the flour and meal exports failed to regain its momentum.

Flour And Meal Exports by Country in Africa

The exports of the six major exporters of flour and meal, namely Nigeria, South Africa, Cote d'Ivoire, Ghana, Cameroon and Togo, represented more than two-thirds of total export. Ethiopia (X tons) followed a long way behind the leaders.

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

In value terms, Nigeria ($X) remains the largest flour and meal supplier in Africa, making up X% of global exports. The second position in the ranking was occupied by South Africa ($X), with a X% share of global exports. It was followed by Cote d'Ivoire, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Nigeria was relatively modest. In the other countries, the average annual rates were as follows: South Africa (-X% per year) and Cote d'Ivoire (+X% per year).

Flour And Meal Export Prices by Country in Africa

In 2017, the flour and meal export price in Africa amounted to $X per ton, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2016, an increase of X% year-to-year. The level of export price peaked in 2017, and is expected to retain its growth in the immediate term.

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

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

Flour And Meal Imports in Africa

In 2017, imports of flour and meal in Africa totaled X tons, lowering by -X% against the previous year. The flour and meal imports continue to indicate a drastic decrease. The growth pace was the most rapid in 2015, when imports increased by -X% year-to-year. The volume of imports peaked of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, flour and meal imports stood at $X in 2017. The flour and meal imports continue to indicate a strong increase. The level of imports peaked in 2017, and are expected to retain its growth in the near future.

Flour And Meal Imports by Country in Africa

Benin was the main importing country with an import of about X tons, which recorded X% of total imports. Nigeria (X tons) ranks second in terms of the global imports with a X% share, followed by South Africa (X%) and Niger (X%). The following importers - Kenya (X tons), Mali (X tons), Sudan (X tons), Gabon (X tons) and Tunisia (X tons) together made up X% of total imports.

From 2007 to 2017, average annual rates of growth with regard to flour and meal imports into Benin stood at -X%. At the same time, Tunisia (+X%), Niger (+X%), Mali (+X%), Gabon (+X%), Nigeria (+X%) and Sudan (+X%) displayed positive paces of growth. Moreover, Tunisia emerged as the fastest growing importer in Africa, with a CAGR of +X% from 2007-2017. By contrast, South Africa (-X%) and Kenya (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Benin, South Africa and Kenya increased by X%, X% and X% percentage points, while Tunisia (-X%), Mali (-X%), Niger (-X%) and Nigeria (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Benin, flour and meal imports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Nigeria (+X% per year) and South Africa (+X% per year).

Flour And Meal Import Prices by Country in Africa

The flour and meal import price in Africa stood at $X per ton in 2017, picking up by X% against the previous year. The flour and meal import price continues to indicate a skyrocketing expansion. The most prominent rate of growth was recorded in 2008, an increase of X% y-o-y. Over the period under review, the import prices for flour and meal reached its peak figure level in 2017, and is likely to see steady growth in the immediate term.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Tunisia ($X per ton), while Gabon ($X per ton) 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 Platform