Africa: Breakfast Cereal Market 2024

Breakfast Cereal Market Size in Africa

The African breakfast cereal market was estimated at $X in 2022, leveling off at the previous year. The total consumption indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2019 indices. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Breakfast Cereal Production in Africa

In value terms, breakfast cereal production stood at $X in 2022 estimated in export price. The total production indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2019 indices. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Breakfast Cereal Exports

Exports in Africa

In 2022, approx. X tons of breakfast cereals were exported in Africa; jumping by X% on the previous year. Total exports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of X% 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 X% against 2017 indices. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, breakfast cereal exports soared to $X in 2022. Overall, exports continue to indicate prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, South Africa (X tons) was the largest exporter of breakfast cereals, constituting X% of total exports. Egypt (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Senegal (X%) and Zambia (X%).

From 2012 to 2022, average annual rates of growth with regard to breakfast cereal exports from South Africa stood at X%. At the same time, Senegal (X%), Zambia (X%) and Egypt (X%) displayed positive paces of growth. Moreover, Senegal emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. Senegal (X p.p.), Zambia (X p.p.) and Egypt (X p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the largest breakfast cereal supplying countries in Africa were South Africa ($X), Egypt ($X) and Zambia ($X), with a combined X% share of total exports. These countries were followed by Senegal, which accounted for a further X%.

Senegal, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, picking up by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X%. The level of export peaked at $X per ton in 2013; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Egypt ($X per ton), while Senegal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Senegal (X%), while the other leaders experienced mixed trends in the export price figures.

Breakfast Cereal Imports

Imports in Africa

In 2022, approx. X tons of breakfast cereals were imported in Africa; increasing by X% compared with the previous year. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, breakfast cereal imports expanded markedly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the twelve major importers of breakfast cereals, namely Botswana, Nigeria, Lesotho, Ethiopia, Burkina Faso, Namibia, Libya, Swaziland, Angola, Morocco, South Africa and Senegal, represented more than two-thirds of total import. South Sudan (X tons) took a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for South Sudan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest breakfast cereal importing markets in Africa were Botswana ($X), Morocco ($X) and Nigeria ($X), with a combined X% share of total imports. Libya, Namibia, Ethiopia, Swaziland, Lesotho, South Africa, Angola, Senegal, South Sudan and Burkina Faso lagged somewhat behind, together accounting for a further X%.

South Sudan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Africa stood at $X per ton in 2022, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 when the import price increased by X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Morocco ($X per ton), while Burkina Faso ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ethiopia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :