Price for Carbides, Whether or Not Chemically Defined in South Africa - 2023
Contents:
- Price for Carbides, Whether or Not Chemically Defined in South Africa (FOB) - 2023
- Price for Carbides, Whether or Not Chemically Defined in South Africa (CIF) - 2022
- Exports of Carbides, Whether or Not Chemically Defined in South Africa
- Imports of Carbides, Whether or Not Chemically Defined in South Africa
Price for Carbides, Whether or Not Chemically Defined in South Africa (FOB) - 2023
In December 2023, the average export price for carbides, whether or not chemically defineds amounted to $5,493 per ton, approximately reflecting the previous month. Overall, the export price continues to indicate a slight increase. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 141% month-to-month. As a result, the export price reached the peak level of $11,184 per ton. From February 2023 to December 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was Australia ($19,420 per ton), while the average price for exports to the Netherlands ($1,330 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+1.7%), while the prices for the other major destinations experienced a decline.
Price for Carbides, Whether or Not Chemically Defined in South Africa (CIF) - 2022
The average import price for carbides, whether or not chemically defineds stood at $3,373 per ton in 2022, increasing by 139% against the previous year. Over the period under review, the import price, however, showed a mild slump. The import price peaked at $6,432 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($26,119 per ton), while the price for Brazil ($1,801 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+11.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Carbides, Whether or Not Chemically Defined in South Africa
In 2022, approx. 12K tons of carbides, whether or not chemically defineds were exported from South Africa; declining by -16.5% on the previous year's figure. Overall, exports saw a sharp reduction. The pace of growth appeared the most rapid in 2021 with an increase of 18% against the previous year.
In value terms, exports of carbides, whether or not chemically defineds surged to $123M in 2022. Over the period under review, exports recorded a abrupt slump.
| Export of Carbides, Whether or Not Chemically Defined in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 93.8 | 30.0 | 53.7 | 74.4 | -7.4% |
| Netherlands | 27.8 | 14.4 | 22.1 | 28.5 | 0.8% |
| Australia | 7.8 | 2.4 | 4.2 | 6.1 | -7.9% |
| Brazil | 4.9 | N/A | 0.4 | 3.1 | -14.2% |
| United Kingdom | 0.9 | 0.5 | 0.8 | 2.4 | 38.7% |
| Turkey | 0.1 | 1.7 | 0.2 | 1.5 | 146.6% |
| Germany | 8.7 | 0.9 | 3.0 | 0.7 | -56.8% |
| Others | 19.6 | 21.5 | 6.1 | 6.1 | -32.2% |
| Total | 164 | 71.3 | 90.5 | 123 | -9.1% |
Top Export Markets for Carbides, Whether or Not Chemically Defined from South Africa in 2022:
- Netherlands (3.8K tons)
- United States (3.0K tons)
- United Kingdom (1.8K tons)
- Germany (1.0K tons)
- Turkey (0.9K tons)
- Brazil (0.5K tons)
- Australia (0.2K tons)
Imports of Carbides, Whether or Not Chemically Defined in South Africa
In 2022, the amount of carbides, whether or not chemically defineds imported into South Africa dropped sharply to 4.3K tons, falling by -37.2% on the previous year's figure. Overall, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 75% against the previous year. As a result, imports attained the peak of 6.9K tons, and then contracted markedly in the following year.
In value terms, imports of carbides, whether or not chemically defineds skyrocketed to $15M in 2022. In general, imports, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 98%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Carbides, Whether or Not Chemically Defined in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 1.7 | 1.3 | 2.4 | 4.5 | 38.3% |
| Spain | 0.6 | 0.8 | 2.6 | 4.2 | 91.3% |
| China | 2.4 | 1.4 | 2.6 | 2.9 | 6.5% |
| Brazil | 0.3 | 0.4 | 1.4 | 2.4 | 100.0% |
| Malaysia | 2.2 | 0.4 | N/A | N/A | -81.8% |
| Others | 3.1 | 0.5 | 0.7 | 0.5 | -45.6% |
| Total | 10.3 | 4.9 | 9.7 | 14.5 | 12.1% |
Top Suppliers of Carbides, Whether or Not Chemically Defined to South Africa in 2022:
- Spain (1914.3 tons)
- Brazil (1306.4 tons)
- China (883.6 tons)
- Slovakia (173.0 tons)
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