Fluorides; of Aluminium Price in South Africa - 2023

Contents:

  1. Fluorides; of Aluminium Price in South Africa (CIF) - 2022
  2. Fluorides; of Aluminium Price in South Africa (FOB) - 2022
  3. Fluorides; of Aluminium Imports in South Africa
  4. Fluorides; of Aluminium Exports in South Africa

Fluorides; of Aluminium Price in South Africa (CIF) - 2022

In 2022, the average fluorides; of aluminium import price amounted to $2,080 per ton, growing by 46% against the previous year. Overall, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fluorides; of aluminium import price increased by +59.6% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($2,330 per ton), while the price for China ($1,821 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Fluorides; of Aluminium Price in South Africa (FOB) - 2022

In 2022, the average fluorides; of aluminium export price amounted to $15,657 per ton, with an increase of 129% against the previous year. In general, the export price showed significant growth. The most prominent rate of growth was recorded in 2017 an increase of 1,418% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Nigeria ($185,541 per ton), while the average price for exports to Swaziland ($3,437 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 Zimbabwe (+28.4%), while the prices for the other major destinations experienced more modest paces of growth.

Fluorides; of Aluminium Imports in South Africa

Fluorides; of aluminium imports into South Africa soared to 18K tons in 2022, growing by 56% compared with the previous year. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +22.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.7% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, fluorides; of aluminium imports skyrocketed to $38M in 2022. Overall, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Fluorides; of Aluminium in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tunisia4.611.69.218.057.6%
Italy5.96.05.114.936.2%
China6.02.02.45.5-2.9%
OthersN/A0.10.2N/A100.0%
Total16.519.716.938.432.5%

Top Suppliers of Fluorides; of Aluminium to South Africa in 2022:

  1. Tunisia (9.0K tons)
  2. Italy (6.4K tons)
  3. China (3.0K tons)

Fluorides; of Aluminium Exports in South Africa

In 2022, exports of fluorides; of aluminia from South Africa dropped significantly to 1.8 tons, with a decrease of -24.5% on 2021. In general, exports faced a significant decline. The pace of growth appeared the most rapid in 2021 when exports increased by 15,420%.

In value terms, fluorides; of aluminium exports surged to $28K in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 22,046% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Export of Fluorides; of Aluminium in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NigeriaN/AN/AN/A13.70%
ZimbabweN/AN/A0.15.25100.0%
Democratic Republic of the Congo8.4N/A0.93.9-22.6%
Zambia4.3N/A9.32.7-14.4%
SwazilandN/A0.1N/A2.0347.2%
Botswana1.3N/A5.5N/A105.7%
KenyaN/AN/AN/AN/A0%
Others0.9N/AN/AN/A0%
Total15.00.115.927.522.4%

Top Export Markets for Fluorides; of Aluminium from South Africa in 2022:

  1. Swaziland (591.0 kg)
  2. Democratic Republic of the Congo (469.0 kg)
  3. Zimbabwe (394.0 kg)
  4. Zambia (230.0 kg)
  5. Nigeria (74.0 kg)

Source: IndexBox Market Intelligence Platform

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