South Africa: Mixes And Doughs Market 2024

Mixes And Doughs Market Size in South Africa

The South African mixes and doughs market shrank slightly to $X in 2022, reducing by -4.5% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. Mixes and doughs consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Mixes And Doughs Production in South Africa

In value terms, mixes and doughs production shrank to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 13%. Mixes and doughs production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Mixes And Doughs Exports

Exports from South Africa

In 2022, approx. X tons of mixes and doughs were exported from South Africa; with an increase of 18% on the year before. The total export volume increased at an average annual rate of +3.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 26% against the previous year. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, mixes and doughs exports skyrocketed to $X in 2022. In general, total exports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.3% 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 +81.4% against 2016 indices. The pace of growth was the most pronounced in 2014 when exports increased by 26%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Botswana (X tons), Swaziland (X tons) and Zambia (X tons) were the main destinations of mixes and doughs exports from South Africa, together accounting for 72% of total exports. Namibia, Lesotho, Mozambique, Malawi, Zimbabwe and Angola lagged somewhat behind, together comprising a further 24%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malawi (with a CAGR of +25.5%), while the other leaders experienced more modest paces of growth.

In value terms, Botswana ($X), Zambia ($X) and Swaziland ($X) constituted the largest markets for mixes and doughs exported from South Africa worldwide, together accounting for 64% of total exports. Namibia, Mozambique, Lesotho, Malawi, Zimbabwe and Angola lagged somewhat behind, together comprising a further 27%.

Among the main countries of destination, Malawi, with a CAGR of +27.8%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average mixes and doughs export price stood at $X per ton in 2022, remaining constant against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 41% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Mozambique ($X per ton), while the average price for exports to Angola ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Mixes And Doughs Imports

Imports into South Africa

In 2022, supplies from abroad of mixes and doughs increased by 21% to X tons, rising for the second year in a row after two years of decline. Overall, total imports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of +4.1% 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 +43.5% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of 27%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, mixes and doughs imports surged to $X in 2022. In general, total imports indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +2.6% 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 +66.1% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of 41% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, the UK (X tons) constituted the largest mixes and doughs supplier to South Africa, accounting for a 39% share of total imports. Moreover, mixes and doughs imports from the UK exceeded the figures recorded by the second-largest supplier, France (X tons), twofold. Saudi Arabia (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from the UK stood at +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-0.5% per year) and Saudi Arabia (+6.9% per year).

In value terms, the UK ($X), France ($X) and Saudi Arabia ($X) appeared to be the largest mixes and doughs suppliers to South Africa, together comprising 71% of total imports. Belgium, Germany, Singapore and Ghana lagged somewhat behind, together accounting for a further 21%.

Among the main suppliers, Singapore, with a CAGR of +66.7%, 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

The average mixes and doughs import price stood at $X per ton in 2022, picking up by 12% against the previous year. Over the period under review, the import price, however, saw a slight decrease. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Ghana ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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