South Africa: Brown Rice Market 2020

Brown Rice Exports

Exports from South Africa

Brown rice exports from South Africa stood at X tons in 2018, waning by -X% against the previous year. In general, brown rice exports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. In that year, brown rice exports reached their peak of X tons. From 2013 to 2018, the growth of brown rice exports remained at a somewhat lower figure.

In value terms, brown rice exports stood at $X in 2018. Overall, brown rice exports, however, continue to indicate a measured expansion. The growth pace was the most rapid in 2010 when exports increased by X% y-o-y. Over the period under review, brown rice exports attained their maximum at $X in 2012; however, from 2013 to 2018, exports remained at a lower figure.

Exports by Country

Swaziland (X tons), Lesotho (X tons) and Botswana (X tons) were the main destinations of brown rice exports from South Africa, with a combined X% share of total exports. Namibia, Saudi Arabia, Zimbabwe and Zambia lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Zambia, while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for brown rice exported from South Africa were Swaziland ($X), Botswana ($X) and Lesotho ($X), together comprising X% of total exports. These countries were followed by Saudi Arabia, Namibia, Zimbabwe and Zambia, which together accounted for a further X experienced the highest growth rate of exports, among the main countries of destination over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average brown rice export price amounted to $X per ton, rising by X% against the previous year. Overall, the brown rice export price, however, continues to indicate an abrupt descent. The most prominent rate of growth was recorded in 2016 an increase of X% y-o-y. The export price peaked at $X per ton in 2007; however, from 2008 to 2018, export prices failed to regain their momentum.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia, while the prices for the other major destinations experienced a decline.

Brown Rice Imports

Imports into South Africa

In 2018, the brown rice imports into South Africa amounted to X tons, going up by X% against the previous year. Over the period under review, brown rice imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. In that year, brown rice imports reached their peak of X tons. From 2015 to 2018, the growth of brown rice imports remained at a somewhat lower figure.

In value terms, brown rice imports amounted to $X in 2018. Overall, brown rice imports continue to indicate a strong increase. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. In that year, brown rice imports attained their peak of $X. From 2015 to 2018, the growth of brown rice imports remained at a somewhat lower figure.

Imports by Country

In 2018, Uruguay (X tons) constituted the largest supplier of brown rice to South Africa, with a X% share of total imports. Moreover, brown rice imports from Uruguay exceeded the figures recorded by the second-largest supplier, China, Hong Kong SAR (X tons), fourfold. The third position in this ranking was occupied by India (X tons), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from Uruguay stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China, Hong Kong SAR (+X% per year) and India (+X% per year).

In value terms, China, Hong Kong SAR ($X), Uruguay ($X) and India ($X) were the largest brown rice suppliers to South Africa, together accounting for X% of total imports.

China, Hong Kong SAR (+X% per year) recorded the highest rates of growth with regard to imports, in terms of the main suppliers over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average brown rice import price stood at $X per ton in 2018, going down by -X% against the previous year. In general, the brown rice import price, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. Over the period under review, the average import prices for husked (brown) rice reached their maximum at $X per ton in 2017, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was China, Hong Kong SAR ($X per ton), while the price for Botswana ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform