SADC: Grain Market 2024

Grain Market Size in SADC

The SADC grain market was estimated at $X in 2022, flattening at the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Grain Production in SADC

In value terms, grain production expanded markedly to $X in 2022 estimated in export price. Overall, production, however, saw strong growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

The countries with the highest volumes of production in 2022 were South Africa (X tons), Tanzania (X tons) and Madagascar (X tons), together accounting for X% of total production. Malawi, Zambia, Democratic Republic of the Congo and Angola 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 Angola (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

The average grain yield contracted slightly to X tons per ha in 2022, with a decrease of X% on the previous year's figure. Over the period under review, the yield, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the grain yield attained the maximum level at X tons per ha in 2021, and then fell in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the grain harvested area in SADC dropped to X ha, remaining constant against the year before. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. 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 harvested area dedicated to grain production reached the maximum at X ha in 2021, and then reduced slightly in the following year.

Grain Exports

Exports in SADC

In 2022, shipments abroad of cereal grains increased by X% to X tons, rising for the third consecutive year after two years of decline. In general, exports continue to indicate notable growth. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, grain exports soared to $X in 2022. Over the period under review, exports continue to indicate a notable expansion. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

In 2022, South Africa (X tons) was the main exporter of cereal grains, generating X% of total exports. Tanzania (X tons) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Zambia (X%).

South Africa was also the fastest-growing in terms of the cereal grains exports, with a CAGR of X% from 2012 to 2022. At the same time, Tanzania (X%) displayed positive paces of growth. By contrast, Zambia (X%) illustrated a downward trend over the same period. While the share of South Africa (X p.p.) and Tanzania (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Zambia (X p.p.) displayed negative dynamics.

In value terms, South Africa ($X) remains the largest grain supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Zambia ($X), with a X% share of total exports.

In South Africa, grain 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: Zambia (X% per year) and Tanzania (X% per year).

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. Over the period under review, the export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Zambia ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

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

Grain Imports

Imports in SADC

In 2022, imports of cereal grains in SADC was estimated at X tons, standing approx. at 2021 figures. Total imports indicated a measured 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 decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 when imports increased by X%. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, grain imports soared to $X in 2022. Total imports 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, imports increased by X% against 2017 indices. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the near future.

Imports by Country

In 2022, South Africa (X tons), distantly followed by Tanzania (X tons), Angola (X tons), Mozambique (X tons), Democratic Republic of the Congo (X tons), Botswana (X tons) and Zimbabwe (X tons) were the key importers of cereal grains, together committing X% of total imports. Namibia (X tons) followed a long way behind the leaders.

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

In value terms, South Africa ($X), Angola ($X) and Tanzania ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

In terms of the main importing countries, Angola, 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 SADC 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%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 ($X per ton), while South Africa ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform