South Africa - Nitrites - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingNitrites Price in South Africa - 2023
Contents:
- Nitrites Price in South Africa (CIF) - 2022
- Nitrites Price in South Africa (FOB) - 2022
- Nitrites Imports in South Africa
- Nitrites Exports in South Africa
Nitrites Price in South Africa (CIF) - 2022
In 2022, the average nitrites import price amounted to $1,296 per ton, jumping by 30% against the previous year. In general, the import price showed a buoyant increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 212%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($1,536 per ton), while the price for China ($977 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Nitrites Price in South Africa (FOB) - 2022
In 2022, the average nitrites export price amounted to $1,272 per ton, waning by -12.6% against the previous year. Over the period under review, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nitrites export price increased by +1.3% against 2018 indices. The pace of growth was the most pronounced in 2013 an increase of 105% against the previous year. As a result, the export price reached the peak level of $1,578 per ton. From 2014 to 2022, the average export prices remained at a 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 Zimbabwe ($2,244 per ton), while the average price for exports to Namibia ($883 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 Botswana (+20.8%), while the prices for the other major destinations experienced more modest paces of growth.
Nitrites Imports in South Africa
Nitrites imports into South Africa shrank sharply to 1.3K tons in 2022, waning by -15.7% compared with the previous year's figure. In general, imports recorded a dramatic setback. The pace of growth was the most pronounced in 2021 with an increase of 21% against the previous year.
In value terms, nitrites imports totaled $1.7M in 2022. Over the period under review, imports faced a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 17%.
| Import of Nitrites in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,018 | 963 | 1,278 | 1,204 | 5.8% |
| China | 300 | 158 | 225 | 357 | 6.0% |
| India | 62.2 | N/A | 29.4 | 95.3 | 15.3% |
| Chile | 4,157 | N/A | N/A | N/A | 0% |
| Others | 95.3 | 239 | 57.7 | 81.5 | -5.1% |
| Total | 5,633 | 1,361 | 1,590 | 1,738 | -32.4% |
Top Suppliers of Nitrites to South Africa in 2022:
- Germany (887.8 tons)
- China (365.2 tons)
- India (62.0 tons)
Nitrites Exports in South Africa
In 2022, overseas shipments of nitrites were finally on the rise to reach 577 tons after two years of decline. In general, exports, however, recorded a slight decline.
In value terms, nitrites exports soared to $733K in 2022. The total export value increased at an average annual rate of +1.0% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Nitrites in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 43.5 | 19.6 | 44.0 | 238 | 76.2% |
| Zambia | 131 | 181 | 284 | 221 | 19.0% |
| Democratic Republic of the Congo | 26.8 | 74.4 | 44.9 | 123 | 66.2% |
| Zimbabwe | 17.4 | 59.5 | 27.3 | 63.6 | 54.0% |
| Botswana | 22.6 | 31.8 | 38.1 | 43.6 | 24.5% |
| Nigeria | 108 | N/A | N/A | 0.1 | -90.3% |
| Senegal | 65.4 | N/A | N/A | N/A | 0% |
| Mali | 216 | 170 | 122 | N/A | -24.8% |
| Others | 81.3 | 123 | 66.8 | 45.0 | -17.9% |
| Total | 711 | 660 | 627 | 733 | 1.0% |
Top Export Markets for Nitrites from South Africa in 2022:
- Nigeria (undefined tons)
- Namibia (269.1 tons)
- Zambia (165.5 tons)
- Democratic Republic of the Congo (67.0 tons)
- Zimbabwe (28.4 tons)
- Botswana (27.5 tons)
This report provides an in-depth analysis of the nitrites 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 20152080 - Nitrites
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
-
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
-
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
337
This report provides an in-depth analysis of the nitrites market in South Africa.
332
This report provides an in-depth analysis of the nitrates market in South Africa.
436
This report provides an in-depth analysis of the potassium nitrate market in South Africa.
544
This report provides an in-depth analysis of the global nitrites market.
885
This report provides an in-depth analysis of the global nitrates market.
823
This report provides an in-depth analysis of the global potassium nitrate market.
337
This report provides an in-depth analysis of the nitrites market in South Africa.
332
This report provides an in-depth analysis of the nitrates market in South Africa.
436
This report provides an in-depth analysis of the potassium nitrate market in South Africa.
544
This report provides an in-depth analysis of the global nitrites market.
160
In December 2022, nitrite prices reached $1,537 per ton on a Cost Insurance and Freight (CIF) basis in South Africa, a 60% rise compared to the previous month.
1012
In value terms, nitrites and nitrates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable...
1330
In value terms, hydrides, nitrides, azides, silicides and borides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend patte...
914
In value terms, nitrites and nitrates exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated...
636
In value terms, hydrides, nitrides, azides, silicides and borides exports totaled $X in 2016. Overall, hydrides, nitrides, azides, silicides and borides exports continue to indicate a relatively fl...
160
In December 2022, nitrite prices reached $1,537 per ton on a Cost Insurance and Freight (CIF) basis in South Africa, a 60% rise compared to the previous month.
1012
In value terms, nitrites and nitrates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable...
1330
In value terms, hydrides, nitrides, azides, silicides and borides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend patte...
914
In value terms, nitrites and nitrates exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated...
636
In value terms, hydrides, nitrides, azides, silicides and borides exports totaled $X in 2016. Overall, hydrides, nitrides, azides, silicides and borides exports continue to indicate a relatively fl...
