South Africa - Lysine And Its Esters, And Salts Thereof - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLysine Price in South Africa - 2023
Contents:
- Lysine Price in South Africa (CIF) - 2023
- Lysine Price in South Africa (FOB) - 2022
- Lysine Imports in South Africa
- Lysine Exports in South Africa
Lysine Price in South Africa (CIF) - 2023
In July 2023, the average lysine import price amounted to $1,209 per ton, picking up by 7.3% against the previous month. Over the period under review, the import price, however, continues to indicate a pronounced downturn. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 24% against the previous month. Over the period under review, average import prices hit record highs at $1,558 per ton in July 2022; however, from August 2022 to July 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From July 2022 to July 2023, the rate of growth in terms of prices for China amounted to -2.1% per month.
Lysine Price in South Africa (FOB) - 2022
In 2022, the average lysine export price amounted to $2,277 per ton, shrinking by -3% against the previous year. Over the period under review, the export price showed a noticeable reduction. The pace of growth appeared the most rapid in 2020 when the average export price increased by 49%. The export price peaked at $2,835 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Swaziland ($2,946 per ton), while the average price for exports to Mozambique ($1,345 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 Swaziland (+1.2%), while the prices for the other major destinations experienced mixed trend patterns.
Lysine Imports in South Africa
In 2022, the amount of lysine and its esters, and salts thereof imported into South Africa rose significantly to 21K tons, with an increase of 9.5% compared with the previous year. The total import volume increased at an average annual rate of +13.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 15%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, lysine imports stood at $26M in 2022. Over the period under review, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 59%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.
Import of Lysine in South Africa (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 13.1 | 15.0 | 23.4 | 26.1 | 25.8% |
Others | 0.1 | 0.1 | 0.8 | 0.1 | 0.0% |
Total | 13.2 | 15.2 | 24.2 | 26.2 | 25.7% |
Top Suppliers of Lysine to South Africa in 2022:
- China (21.4K tons)
Lysine Exports in South Africa
Lysine exports from South Africa skyrocketed to 1.9K tons in 2022, rising by 20% on 2021 figures. In general, exports posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 85%. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, lysine exports surged to $4.4M in 2022. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 151%. The exports peaked in 2022 and are likely to continue growth in years to come.
Export of Lysine in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Zimbabwe | 443 | 669 | 1,526 | 1,745 | 57.9% |
Zambia | 233 | 335 | 984 | 1,541 | 87.7% |
Mozambique | 124 | 113 | 436 | 383 | 45.6% |
Malawi | 142 | 221 | 431 | 378 | 38.6% |
Swaziland | 55.4 | 100 | 261 | 168 | 44.7% |
Nigeria | N/A | N/A | N/A | 75.0 | 0% |
Namibia | 74.3 | 63.1 | 0.7 | 61.8 | -6.0% |
Others | 15.1 | 14.1 | 163 | 57.3 | 56.0% |
Total | 1,087 | 1,516 | 3,801 | 4,409 | 59.5% |
Top Export Markets for Lysine from South Africa in 2022:
- Zimbabwe (772.7 tons)
- Zambia (551.4 tons)
- Mozambique (284.5 tons)
- Malawi (176.8 tons)
- Swaziland (57.0 tons)
- Namibia (32.5 tons)
- Nigeria (29.5 tons)
This report provides an in-depth analysis of the lysine 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 21102010 - Lysine and its esters, and salts thereof
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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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