In 2023, rice imports to South Africa stood at 564 million USD. Forecasted data indicates a consistent year-on-year increase: 1.74% for 2024, 1.77% for 2025, 1.70% for 2026, 1.64% for 2027, and 1.59% for 2028. Over the next five years, the compound annual growth rate (CAGR) stands at approximately 1.69%, indicating steady growth in import value.
Future trends to watch for include changes in global rice prices, potential shifts in domestic rice production, and the impact of trade policies. Monitoring these factors will be essential for accurately adjusting import strategies and preparing for market fluctuations.