Earlier Report Observations
The maize flour and cereals market in Lesotho showed considerable volatility between 2018 and 2023. Starting at 232.6 thousand tonnes in 2018, total market volume contracted sharply over the next two years, falling to 161.5 thousand tonnes by 2020.
A clear recovery began in 2021, with the market expanding to 194.4 thousand tonnes in 2022. This upward trend reversed in 2023, as volume declined to 173.7 thousand tonnes, leaving the market below its 2018 peak.
The period was marked by a significant downturn followed by a partial rebound, with the lowest point recorded in 2020 and the highest recovery level seen in 2022.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Lesotho
- 5.1.1. Annual dynamics of production in Lesotho in kind, 2018-2023, K t
- 5.1.2. Annual dynamics of production in Lesotho in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Lesotho
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from Lesotho in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's exports in kind from Lesotho by countries, 2018-2024, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from Lesotho in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Lesotho by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
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6.1.4. Average price of product's exports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's exports from Lesotho, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's exports from Lesotho by countries, 2018-2024, $ US/t
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from Lesotho in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's exports in kind from Lesotho by countries, 2018-2024, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from Lesotho in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Lesotho by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
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6.2.4. Average price of product's exports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's exports from Lesotho, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's exports from Lesotho by countries, 2018-2024, $ US/t
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to Lesotho in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's imports in kind to Lesotho by countries, 2018-2024, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to Lesotho in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's imports in value to Lesotho by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
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7.1.4. Average price of product's imports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's imports to Lesotho, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's imports to Lesotho by countries, 2018-2024, $ US/t
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to Lesotho in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's imports in kind to Lesotho by countries, 2018-2024, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to Lesotho in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's imports in value to Lesotho by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
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7.2.4. Average price of product's imports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's imports to Lesotho, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's imports to Lesotho by countries, 2018-2024, $ US/t
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production maize flour and cereals in Lesotho
In kind, 2017-2020, K t
Top producers of maize flour and cereals, 2017-2020
World map of production of maize flour and cereals, 2017-2020
Lesotho's production of maize flour and cereals declined for the second year in a row. In 2020, the country produced 83.1 K t, which is 30.7% lower than in 2019. Looking at the period from 2017 to 2020, production fell by 23.6%, averaging an annual decrease of 8.6%. The highest production level was recorded in 2018 at 160.8 K t, which also saw the largest increase of 47.7%.
Annual dynamics of production in Lesotho in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 47.7% | (25.4%) | (30.7%) | (8.6%) |
Exports maize flour and cereals from Lesotho
Exports in kind, t
The export market showed an unstable trend over the period. Exports reached their lowest point in 2017 and peaked in 2018, with a 2.9-fold difference between these years. In 2020, Lesotho exported 3,130 t of maize flour and cereals, marking a 23.8% decline compared to 2019. The maximum export volume was recorded in 2018 at 4,576 t, which also experienced the largest increase of 187.9%.
Annual dynamics of product's exports from Lesotho in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 187.9% | (10.3%) | (23.8%) | 25.3% |
From 2017 to 2020, Lesotho's exports in kind were highly concentrated, with South Africa and the United Kingdom accounting for 98.6% of total flows.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Lesotho in kind, 2017-2020
Exports in value, K $ US
After two years of growth, Lesotho's cross-border shipments of maize flour and cereals declined. In 2020, exports amounted to 772 K $ US, showing a robust decrease of 12.1% year-over-year. Over the 2017-2020 period, exports increased by 49.2%, with a compound annual growth rate of 14.3%. The highest value was recorded in 2019 at 878 K $ US, which also saw the largest increase of 37.0%.
Annual dynamics of product's exports from Lesotho in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 24.0% | 37.0% | (12.1%) | 14.3% |
Between 2017 and 2020, South Africa and the United Kingdom were the main buyers of maize flour and cereals from Lesotho, together representing 97.7% of total exports in value terms.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Lesotho in value, 2017-2020
Imports maize flour and cereals to Lesotho
Imports in kind, t
In 2020, foreign supplies of maize flour and cereals to Lesotho reached 81,493 t, indicating a strong increase of 15.6% from the previous year. From 2017 to 2020, imports grew by 66.6%, averaging an annual rise of 18.6%. The largest decline occurred in 2019 at 7.6%, while the largest increase was recorded in 2018 at 56.0%.
Annual dynamics of product's imports to Lesotho in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 56.0% | (7.6%) | 15.6% | 18.6% |
During 2017-2020, South Africa and Niue played key roles in Lesotho's imports in kind of maize flour and cereals, together accounting for 80.4% of total flows.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Lesotho in kind, 2017-2020
Imports in value, K $ US
Lesotho's imports of maize flour and cereals increased for the second consecutive year. In 2020, imports were approximately 27,215 K $ US, representing a robust growth of 16.5% compared to 2019. Between 2017 and 2020, imports rose by 40.9%, with an annualized rate of 12.1%. The lowest value was recorded in 2018 at 16,021 K $ US, which also saw the largest decline of 17.0%. The largest increase occurred in 2019 at 45.8%.
Annual dynamics of product's imports to Lesotho in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (17.0%) | 45.8% | 16.5% | 12.1% |
Throughout 2017-2020, South Africa held the largest share in Lesotho's imports in value terms, accounting for 75.7% of total flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Lesotho in value, 2017-2020
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