South Africa - Potassium Hydroxide (Caustic Potash) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPotassium Hydroxide Price in South Africa - 2023
Contents:
- Potassium Hydroxide Price in South Africa (CIF) - 2023
- Potassium Hydroxide Price in South Africa (FOB) - 2022
- Potassium Hydroxide Imports in South Africa
- Potassium Hydroxide Exports in South Africa
Potassium Hydroxide Price in South Africa (CIF) - 2023
In September 2023, the average potassium hydroxide import price amounted to $909 per ton, jumping by 22% against the previous month. Overall, the import price, however, showed a abrupt decline. Over the period under review, average import prices attained the maximum at $2,066 per ton in September 2022; however, from October 2022 to September 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From September 2022 to September 2023, the rate of growth in terms of prices for China amounted to -6.8% per month.
Potassium Hydroxide Price in South Africa (FOB) - 2022
In 2022, the average potassium hydroxide export price amounted to $1,501 per ton, growing by 53% against the previous year. Over the period under review, the export price recorded modest growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Namibia ($2,848 per ton), while the average price for exports to Botswana ($1,171 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 Namibia (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.
Potassium Hydroxide Imports in South Africa
In 2022, approx. 13K tons of potassium hydroxide (caustic potash) were imported into South Africa; surging by 67% on 2021. In general, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, potassium hydroxide imports surged to $11M in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Potassium Hydroxide in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.5 | 2.5 | 1.9 | 7.3 | 69.5% |
| South Korea | 2.4 | 1.7 | 2.2 | 2.8 | 5.3% |
| Italy | 0.7 | 0.9 | 1.2 | 0.3 | -24.6% |
| India | 0.6 | 0.4 | 0.2 | 0.1 | -45.0% |
| Others | 0.4 | 0.3 | 0.5 | 0.3 | -9.1% |
| Total | 5.5 | 5.7 | 6.0 | 10.7 | 24.8% |
Top Suppliers of Potassium Hydroxide to South Africa in 2022:
- China (10.3K tons)
- South Korea (2.2K tons)
- Italy (0.2K tons)
- India (0.1K tons)
Potassium Hydroxide Exports in South Africa
In 2022, the amount of potassium hydroxide (caustic potash) exported from South Africa shrank dramatically to 388 tons, which is down by -51.5% against the previous year's figure. Overall, exports continue to indicate a dramatic decline. The smallest decline of -6.5% was in 2021.
In value terms, potassium hydroxide exports fell rapidly to $583K in 2022. In general, exports continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year.
| Export of Potassium Hydroxide in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Swaziland | 155 | 166 | 241 | 328 | 28.4% |
| Democratic Republic of the Congo | 3.2 | 5.9 | 50.6 | 103 | 218.1% |
| Mozambique | 7.5 | 0.6 | 1.2 | 54.1 | 93.2% |
| Botswana | 23.8 | 13.4 | 20.9 | 26.4 | 3.5% |
| Zambia | 12.5 | 13.0 | 2.6 | 21.3 | 19.4% |
| Zimbabwe | 1,173 | 288 | 398 | 9.9 | -79.6% |
| Others | 17.1 | 118 | 70.0 | 40.7 | 33.5% |
| Total | 1,391 | 605 | 784 | 583 | -25.2% |
Top Export Markets for Potassium Hydroxide from South Africa in 2022:
- Swaziland (252.9 tons)
- Democratic Republic of the Congo (43.3 tons)
- Mozambique (38.8 tons)
- Botswana (22.6 tons)
- Zambia (8.8 tons)
- Zimbabwe (6.4 tons)
This report provides an in-depth analysis of the potassium hydroxide 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 20132530 - Potassium hydroxide (caustic potash)
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
-
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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