South Africa - Bentonite - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBentonite Price in South Africa - 2023
Contents:
- Bentonite Price in South Africa (CIF) - 2023
- Bentonite Price in South Africa (FOB) - 2022
- Bentonite Imports in South Africa
- Bentonite Exports in South Africa
Bentonite Price in South Africa (CIF) - 2023
In July 2023, the average bentonite import price amounted to $105 per ton, declining by -16.3% against the previous month. Overall, the import price, however, recorded notable growth. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 198% against the previous month. As a result, import price attained the peak level of $158 per ton. From January 2023 to July 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($697 per ton), while the price for Mozambique ($13.0 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Turkey (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Bentonite Price in South Africa (FOB) - 2022
In 2022, the average bentonite export price amounted to $403 per ton, picking up by 3.5% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2017 when the average export price increased by 56%. The export price peaked at $867 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($1,316 per ton), while the average price for exports to Zimbabwe ($225 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 Cote d'Ivoire (+0.0%), while the prices for the other major destinations experienced a decline.
Bentonite Imports in South Africa
In 2022, approx. 137K tons of bentonite were imported into South Africa; increasing by 86% on 2021 figures. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, bentonite imports dropped to $11M in 2022. Over the period under review, imports, however, recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 1.5% against the previous year. As a result, imports attained the peak of $12M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Bentonite in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.1 | 0.3 | 3.6 | 3.2 | 217.5% |
| Brazil | 4.8 | 5.6 | 2.3 | 2.6 | -18.5% |
| Mozambique | 1.7 | 1.1 | 1.4 | 1.3 | -8.6% |
| United Kingdom | 1.0 | 0.5 | 1.1 | 1.0 | 0.0% |
| Egypt | 0.8 | 1.0 | 0.8 | 0.9 | 4.0% |
| United States | 0.9 | 1.1 | 0.9 | 0.7 | -8.0% |
| Turkey | 1.0 | 0.9 | 0.7 | 0.1 | -53.6% |
| Spain | 0.3 | 0.4 | 0.1 | 0.1 | -30.7% |
| Others | 1.3 | 1.3 | 1.2 | 0.8 | -14.9% |
| Total | 12.0 | 12.1 | 12.0 | 10.8 | -3.5% |
Top Suppliers of Bentonite to South Africa in 2022:
- India (106.5K tons)
- Brazil (12.7K tons)
- Egypt (5.0K tons)
- Mozambique (4.0K tons)
- United Kingdom (3.3K tons)
- Spain (1.4K tons)
- Turkey (0.7K tons)
- United States (0.7K tons)
Bentonite Exports in South Africa
In 2022, shipments abroad of bentonite decreased by -0.9% to 8.3K tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 1.5%. As a result, the exports reached the peak of 8.4K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, bentonite exports expanded to $3.3M in 2022. The total export value increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Bentonite in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zimbabwe | 213 | 305 | 553 | 763 | 53.0% |
| United States | 615 | 781 | 805 | 528 | -5.0% |
| Zambia | 315 | 238 | 164 | 441 | 11.9% |
| Democratic Republic of the Congo | 300 | 129 | 122 | 385 | 8.7% |
| Ghana | 199 | 65.8 | 157 | 203 | 0.7% |
| Namibia | 22.3 | 108 | 53.5 | 128 | 79.0% |
| Netherlands | 417 | 487 | 203 | 114 | -35.1% |
| Mozambique | 74.1 | 81.4 | 50.4 | 75.9 | 0.8% |
| Cote d'Ivoire | 394 | 378 | 178 | 65.7 | -45.0% |
| Botswana | 26.2 | 44.7 | 16.0 | 26.2 | 0.0% |
| Others | 648 | 652 | 946 | 600 | -2.5% |
| Total | 3,222 | 3,271 | 3,247 | 3,329 | 1.1% |
Top Export Markets for Bentonite from South Africa in 2022:
- Zimbabwe (3387.2 tons)
- Zambia (1511.7 tons)
- Democratic Republic of the Congo (954.0 tons)
- United States (466.3 tons)
- Namibia (398.7 tons)
- Ghana (302.4 tons)
- Netherlands (164.2 tons)
- Mozambique (156.2 tons)
- Botswana (60.6 tons)
- Cote d'Ivoire (49.9 tons)
This report provides an in-depth analysis of the bentonite 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 08122210 - Bentonite
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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