South Africa: Market for Starch other than Wheat, Corn or Potato 2022

Market Size for Starch other than Wheat, Corn or Potato in South Africa

The South African market for starch other than wheat, corn or potato amounted to $X in 2021, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, continues to indicate a perceptible decline. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Exports of Starch other than Wheat, Corn or Potato

Exports from South Africa

In 2021, shipments abroad of starch other than wheat, corn or potato decreased by -X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a precipitous decline. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports of remained at a lower figure.

In value terms, exports of starch other than wheat, corn or potato dropped dramatically to $X in 2021. Overall, exports recorded a drastic downturn. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Namibia (X tons), Australia (X tons) and Zambia (X tons) were the main destinations of exports of starch other than wheat, corn or potato from South Africa, together comprising X% of total exports. Swaziland, Zimbabwe, Botswana, Lesotho and Taiwan (Chinese) lagged somewhat behind, together accounting for 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 Lesotho (with a CAGR of -X%), while the other leaders experienced a decline.

In value terms, the largest markets for starch other than wheat, corn or potato exported from South Africa were Namibia ($X), Australia ($X) and Zambia ($X), with a combined X% share of total exports.

Zambia, with a CAGR of -X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average export price for starch other than wheat, corn or potato amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2020 when the average export price increased by X%. The export price peaked in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Botswana ($X per ton), while the average price for exports to Lesotho ($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 Australia (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Starch other than Wheat, Corn or Potato

Imports into South Africa

In 2021, supplies from abroad of starch other than wheat, corn or potato decreased by -X% to X tons, falling for the sixth consecutive year after two years of growth. In general, imports continue to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Over the period under review, imports of attained the maximum at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of starch other than wheat, corn or potato shrank to $X in 2021. Overall, imports recorded a pronounced shrinkage. The growth pace was the most rapid in 2018 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Thailand (X tons) constituted the largest starch other than wheat, corn or potato supplier to South Africa, accounting for a X% share of total imports. Moreover, imports of starch other than wheat, corn or potato from Thailand exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), twofold.

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

In value terms, Thailand ($X) constituted the largest supplier of starch other than wheat, corn or potato to South Africa, comprising X% of total imports. The second position in the ranking was held by Vietnam ($X), with a X% share of total imports.

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

Import Prices by Country

In 2021, the average import price for starch other than wheat, corn or potato amounted to $X per ton, with an increase of X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Thailand ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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