SADC: Maltodextrine Market 2024

Maltodextrine Market Size in SADC

In 2021, the SADC maltodextrine market decreased by -7% to $X, falling for the second year in a row after five years of growth. The total consumption indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -9.9% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Maltodextrine Production in SADC

In value terms, maltodextrine production amounted to $X in 2021 estimated in export price. The total production indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -0.3% against 2019 indices. The growth pace was the most rapid in 2018 with an increase of 38% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Maltodextrine Exports

Exports in SADC

For the third consecutive year, SADC recorded growth in overseas shipments of maltodextrine and maltodextine syrup, which increased by 37% to X tons in 2021. Over the period under review, exports posted strong growth. The pace of growth was the most pronounced in 2015 when exports increased by 61% against the previous year. The volume of export peaked in 2021 and is likely to see steady growth in the immediate term.

In value terms, maltodextrine exports surged to $X in 2021. Total exports indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 when exports increased by 55% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

Swaziland dominates exports structure, amounting to X tons, which was near 93% of total exports in 2021. It was distantly followed by South Africa (X tons), constituting a 5.5% share of total exports.

Swaziland was also the fastest-growing in terms of the maltodextrine and maltodextine syrup exports, with a CAGR of +18.6% from 2012 to 2021. South Africa (-9.1%) illustrated a downward trend over the same period. While the share of Swaziland (+35 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of South Africa (-32 p.p.) displayed negative dynamics.

In value terms, Swaziland ($X) remains the largest maltodextrine supplier in SADC, comprising 87% of total exports. The second position in the ranking was taken by South Africa ($X), with an 11% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Swaziland totaled +4.6%.

Export Prices by Country

In 2021, the export price in SADC amounted to $X per ton, dropping by -3.4% against the previous year. Overall, the export price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2017 when the export price increased by 23% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Swaziland totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+12.7%).

Maltodextrine Imports

Imports in SADC

Maltodextrine imports expanded sharply to X tons in 2021, increasing by 7% against the year before. Overall, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2019 with an increase of 50%. The volume of import peaked in 2021 and is expected to retain growth in the near future.

In value terms, maltodextrine imports totaled $X in 2021. Total imports indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +73.7% against 2014 indices. The pace of growth was the most pronounced in 2017 when imports increased by 33% against the previous year. The level of import peaked in 2021 and is likely to continue growth in the near future.

Imports by Country

South Africa (X tons) represented roughly 94% of total imports in 2021.

South Africa was also the fastest-growing in terms of the maltodextrine and maltodextine syrup imports, with a CAGR of +13.3% from 2012 to 2021. While the share of South Africa (+15 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported maltodextrine and maltodextine syrup in SADC.

From 2012 to 2021, the average annual growth rate of value in South Africa totaled +1.9%.

Import Prices by Country

The import price in SADC stood at $X per ton in 2021, surging by 4.6% against the previous year. In general, the import price, however, continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2018 when the import price increased by 15%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for South Africa.

From 2012 to 2021, the rate of growth in terms of prices for South Africa amounted to -10.1% per year.

Source: IndexBox Platform