Cerium Compounds Price in South Africa - 2023
Contents:
- Cerium Compounds Price in South Africa (CIF) - 2023
- Cerium Compounds Price in South Africa (FOB) - 2022
- Cerium Compounds Imports in South Africa
- Cerium Compounds Exports in South Africa
Cerium Compounds Price in South Africa (CIF) - 2023
In July 2023, the average cerium compounds import price amounted to $23,549 per ton, surging by 2.2% against the previous month. Overall, the import price enjoyed temperate growth. The most prominent rate of growth was recorded in November 2022 an increase of 96% against the previous month. As a result, import price attained the peak level of $38,747 per ton. From December 2022 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 the United States ($90,249 per ton), while the price for China amounted to $23,587 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the United States (+24.0%).
Cerium Compounds Price in South Africa (FOB) - 2022
In 2022, the average cerium compounds export price amounted to $19,071 per ton, shrinking by -18.7% against the previous year. In general, the export price recorded a mild slump. The pace of growth was the most pronounced in 2019 an increase of 48%. Over the period under review, the average export prices reached the peak figure at $25,816 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($24,092 per ton), while the average price for exports to Germany ($17,741 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 Poland (+8.7%), while the prices for the other major destinations experienced mixed trend patterns.
Cerium Compounds Imports in South Africa
Cerium compounds imports into South Africa fell dramatically to 47 tons in 2022, waning by -38.7% on 2021. Over the period under review, imports continue to indicate a dramatic decrease. The growth pace was the most rapid in 2021 with an increase of 36%.
In value terms, cerium compounds imports reduced remarkably to $909K in 2022. In general, imports saw a precipitous curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 35% against the previous year.
| Import of Cerium Compounds in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 790 | 302 | 387 | 449 | -17.2% |
| France | 68.0 | 404 | 371 | 298 | 63.6% |
| United States | 167 | 94.7 | 127 | 157 | -2.0% |
| Germany | 162 | 66.9 | 107 | 3.1 | -73.3% |
| United Kingdom | 488 | 4.6 | 1.7 | 0.7 | -88.7% |
| Norway | N/A | 81.1 | N/A | N/A | 0% |
| Japan | 338 | 164 | 685 | N/A | 42.4% |
| Others | 9.3 | 137 | 19.9 | 1.8 | -42.2% |
| Total | 2,023 | 1,254 | 1,698 | 909 | -23.4% |
Top Suppliers of Cerium Compounds to South Africa in 2022:
- United Kingdom (undefined tons)
- Germany (undefined tons)
- China (22.8 tons)
- United States (12.1 tons)
- France (12.1 tons)
Cerium Compounds Exports in South Africa
In 2022, exports of cerium compoundses from South Africa shrank significantly to 5.8 tons, which is down by -47.6% on the year before. Overall, exports continue to indicate a precipitous curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 14% against the previous year.
In value terms, cerium compounds exports reduced markedly to $111K in 2022. In general, exports faced a dramatic slump. The pace of growth was the most pronounced in 2021 with an increase of 29%.
| Export of Cerium Compounds in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | 18.3 | N/A | 78.1 | 106.6% |
| Thailand | 12.8 | N/A | 136 | 25.5 | 25.8% |
| Zimbabwe | 0.4 | 0.4 | 0.7 | 6.8 | 157.1% |
| China | N/A | N/A | 39.1 | N/A | 0% |
| India | N/A | 57.5 | 84.0 | N/A | 46.1% |
| Poland | 290 | 122 | N/A | N/A | -57.9% |
| Others | 15.9 | 4.2 | 1.8 | 0.9 | -61.6% |
| Total | 319 | 203 | 261 | 111 | -29.7% |
Top Export Markets for Cerium Compounds from South Africa in 2022:
- Germany (4.4 tons)
- Thailand (1.1 tons)
- Zimbabwe (0.4 tons)
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