South Africa - Abrasives (Natural) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

South Africa - Abrasives (Natural) - Market Analysis, Forecast, Size, Trends And Insights

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Abrasives Price in South Africa - 2023

Contents:

  1. Abrasives Price in South Africa (FOB) - 2022
  2. Abrasives Price in South Africa (CIF) - 2022
  3. Abrasives Exports in South Africa
  4. Abrasives Imports in South Africa

Abrasives Price in South Africa (FOB) - 2022

In 2022, the average abrasives export price amounted to $151 per ton, rising by 7.4% against the previous year. In general, the export price, however, saw a pronounced contraction. The growth pace was the most rapid in 2016 when the average export price increased by 191%. As a result, the export price attained the peak level of $260 per ton. From 2017 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($258 per ton), while the average price for exports to the United States ($129 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 Sweden (+10.4%), while the prices for the other major destinations experienced a decline.

Abrasives Price in South Africa (CIF) - 2022

In 2022, the average abrasives import price amounted to $625 per ton, reducing by -20.1% against the previous year. In general, the import price, however, posted a resilient increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 138% against the previous year. Over the period under review, average import prices reached the peak figure at $782 per ton in 2021, and then dropped dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($9,396 per ton), while the price for Zimbabwe ($277 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+48.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Abrasives Exports in South Africa

In 2022, approx. 261K tons of abrasives (natural) were exported from South Africa; jumping by 54% on 2021. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 68%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, abrasives exports soared to $39M in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 71%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Abrasives in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.19.515.427.488.4%
Netherlands0.20.80.91.6100.0%
Sweden0.10.61.21.4141.0%
Germany1.10.70.91.22.9%
Brazil0.60.40.71.018.6%
China0.2N/AN/A0.858.7%
United States Minor Outlying Islands5.8N/AN/AN/A0%
Others2.91.94.86.027.4%
Total14.913.923.939.438.3%

Top Export Markets for Abrasives from South Africa in 2022:

  1. United States (212.6K tons)
  2. Netherlands (6.4K tons)
  3. Sweden (5.9K tons)
  4. Germany (4.5K tons)
  5. China (4.1K tons)
  6. Brazil (3.9K tons)

Abrasives Imports in South Africa

In 2022, approx. 611 tons of abrasives (natural) were imported into South Africa; jumping by 146% compared with the previous year's figure. In general, imports, however, saw a abrupt downturn.

In value terms, abrasives imports soared to $382K in 2022. Overall, imports, however, saw a precipitous descent.

Import of Abrasives in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States54321.97.5252-22.6%
Zimbabwe43.8N/AN/A69.216.5%
China26.831.751.726.5-0.4%
India38.20.5N/A0.4-78.1%
United Arab Emirates29.37.230.1N/A1.4%
Turkey27.29.815.7N/A-24.0%
Others51.946.289.334.1-13.1%
Total760117194382-20.5%

Top Suppliers of Abrasives to South Africa in 2022:

  1. India (undefined tons)
  2. United States (315.8 tons)
  3. Zimbabwe (249.8 tons)
  4. China (31.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the abrasives market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 08992200 - Industrial diamonds, unworked or simply sawn, cleaved or bruted, pumice stone, emery, natural corundum, natural garnet and other natural abrasives
  • Prodcom 08992220 -
  • Prodcom 08992230 -

Country coverage:

  • South Africa

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in South Africa
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Abrasives (Natural) - South Africa