Africa: Maize Bran Market 2024

Maize Bran Market Size in Africa

The African maize bran market expanded modestly to $X in 2022, growing by X% against the previous year. The total consumption indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2016 indices. The level of consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Maize Bran Production in Africa

In value terms, maize bran production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Maize Bran Exports

Exports in Africa

In 2022, shipments abroad of maize bran increased by X% to X tons, rising for the second consecutive year after two years of decline. Total exports indicated a perceptible expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, maize bran exports skyrocketed to $X in 2022. Total exports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Zambia (X tons) was the main exporter of maize bran, generating X% of total exports. Nigeria (X tons) took an X% share (based on physical terms) of total exports, which put it in second place, followed by Malawi (X%), Botswana (X%), Mozambique (X%) and Lesotho (X%). Uganda (X tons) held a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to maize bran exports from Zambia stood at X%. At the same time, Nigeria (X%), Mozambique (X%), Malawi (X%) and Botswana (X%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Uganda (X%) and Lesotho (X%) illustrated a downward trend over the same period. While the share of Zambia (X p.p.), Nigeria (X p.p.), Malawi (X p.p.), Mozambique (X p.p.) and Botswana (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Uganda (X p.p.) and Lesotho (X p.p.) displayed negative dynamics.

In value terms, Zambia ($X) remains the largest maize bran supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Nigeria ($X), with a X% share of total exports. It was followed by Botswana, with an X% share.

In Zambia, maize bran exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Nigeria (X% per year) and Botswana (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, growing by X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, the export prices hit record highs 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 Uganda ($X per ton), while Malawi ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (X%), while the other leaders experienced more modest paces of growth.

Maize Bran Imports

Imports in Africa

In 2022, the amount of maize bran imported in Africa reached X tons, picking up by X% on 2021. Total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, maize bran imports contracted to $X in 2022. Total imports indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

South Africa was the major importer of maize bran in Africa, with the volume of imports recording X tons, which was approx. X% of total imports in 2022. Egypt (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Namibia (X%) and Botswana (X%). Kenya (X tons), Niger (X tons) and Morocco (X tons) took a relatively small share of total imports.

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

In value terms, Egypt ($X), South Africa ($X) and Namibia ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports. Botswana, Morocco, Kenya and Niger lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Morocco, with a CAGR of X%, 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 2022, the import price in Africa amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the import price continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :