South Africa: Breakfast Cereal Market 2022

Breakfast Cereal Market Size in South Africa

The South African breakfast cereal market expanded rapidly to $X in 2021, growing by X% against the previous year. Over the period under review, the total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -X% against 2019 indices. Breakfast cereal consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Breakfast Cereal Production in South Africa

In value terms, breakfast cereal production rose remarkably to $X in 2021 estimated in export price. Overall, the total production indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +X% 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 -X% against 2019 indices. The growth pace was the most rapid in 2018 with an increase of X%. Breakfast cereal production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Breakfast Cereal Exports

Exports from South Africa

In 2021, approx. X tons of breakfast cereals were exported from South Africa; with a decrease of -X% against the previous year's figure. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when exports increased by X%. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, breakfast cereal exports contracted remarkably to $X in 2021. In general, exports saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Botswana (X tons), Lesotho (X tons) and Swaziland (X tons) were the main destinations of breakfast cereal exports from South Africa, together comprising X% of total exports. Namibia, Mozambique, Zambia and Malawi lagged somewhat behind, together comprising a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malawi (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, Botswana ($X), Namibia ($X) and Swaziland ($X) appeared to be the largest markets for breakfast cereal exported from South Africa worldwide, together accounting for X% of total exports. These countries were followed by Lesotho, Mozambique, Zambia and Malawi, which together accounted for a further X, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average breakfast cereal export price stood at $X per ton in 2021, which is down by -X% against the previous year. Over the period under review, the export price recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Zambia ($X per ton), while the average price for exports to Lesotho ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Botswana (-X%), while the prices for the other major destinations experienced a decline.

Breakfast Cereal Imports

Imports into South Africa

In 2021, imports of breakfast cereals into South Africa rose notably to X tons, increasing by X% against the previous year's figure. In general, imports recorded resilient growth. The pace of growth was the most pronounced in 2018 when imports increased by X%. Imports peaked in 2021 and are likely to continue growth in years to come.

In value terms, breakfast cereal imports expanded to $X in 2021. Over the period under review, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Poland (X tons) constituted the largest supplier of breakfast cereal to South Africa, accounting for a X% share of total imports. Moreover, breakfast cereal imports from Poland exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold. Portugal (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Poland totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and Portugal (+X% per year).

In value terms, Poland ($X) constituted the largest supplier of breakfast cereal to South Africa, comprising X% of total imports. The second position in the ranking was held by the UK ($X), with an X% share of total imports. It was followed by Thailand, with an X% share.

From 2012 to 2021, the average annual growth rate of value from Poland totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-X% per year) and Thailand (+X% per year).

Import Prices by Country

The average breakfast cereal import price stood at $X per ton in 2021, shrinking by -X% against the previous year. Over the period under review, the import price saw a mild decline. The pace of growth appeared the most rapid in 2016 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Namibia (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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