South Africa - Sodium Hydroxide In Aqueous Solution (Soda Lye Or Liquid Soda) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Caustic Soda in Aqueous Solution (Soda Lye) in South Africa - 2023
Contents:
- Price for Caustic Soda in Aqueous Solution (Soda Lye) in South Africa (CIF) - 2022
- Price for Caustic Soda in Aqueous Solution (Soda Lye) in South Africa (FOB) - 2022
- Imports of Caustic Soda in Aqueous Solution (Soda Lye) in South Africa
- Exports of Caustic Soda in Aqueous Solution (Soda Lye) in South Africa
Price for Caustic Soda in Aqueous Solution (Soda Lye) in South Africa (CIF) - 2022
The average import price for caustic soda in aqueous solution (soda lye) stood at $278 per ton in 2022, surging by 38% against the previous year. In general, import price indicated a pronounced increase 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, import price for caustic soda in aqueous solution (soda lye) increased by +105.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 49% against the previous year. The import price peaked in 2022 and is likely to continue 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 ($757 per ton), while the price for the Netherlands ($82 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-2.0%), while the prices for the other major suppliers experienced a decline.
Price for Caustic Soda in Aqueous Solution (Soda Lye) in South Africa (FOB) - 2022
The average export price for caustic soda in aqueous solution (soda lye) stood at $721 per ton in 2022, with an increase of 29% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The pace of growth appeared the most rapid in 2021 an increase of 34%. The export price peaked in 2022 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 Democratic Republic of the Congo ($1,060 per ton), while the average price for exports to Namibia ($436 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 (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Caustic Soda in Aqueous Solution (Soda Lye) in South Africa
In 2022, imports of caustic soda in aqueous solution (soda lye) into South Africa skyrocketed to 423K tons, growing by 38% on the previous year. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +5.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +99.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, imports of caustic soda in aqueous solution (soda lye) surged to $117M in 2022. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 115% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
Import of Caustic Soda in Aqueous Solution (Soda Lye) in South Africa (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1.4 | 1.3 | 7.6 | 54.1 | 238.1% |
India | N/A | N/A | 17.3 | 23.6 | 36.4% |
United States | 22.3 | 16.3 | 23.8 | 14.4 | -13.6% |
Japan | 8.8 | 2.0 | N/A | 13.0 | 13.9% |
Qatar | 10.4 | 0.6 | 4.8 | 7.2 | -11.5% |
Netherlands | 5.4 | 0.9 | 0.8 | 0.9 | -45.0% |
Indonesia | N/A | 2.7 | N/A | N/A | 0% |
Oman | 3.4 | N/A | N/A | N/A | 0% |
Saudi Arabia | N/A | N/A | 2.1 | N/A | 0% |
Others | 1.9 | 4.8 | 5.1 | 4.2 | 30.3% |
Total | 53.6 | 28.6 | 61.5 | 117 | 29.7% |
Top Suppliers of Caustic Soda in Aqueous Solution (Soda Lye) to South Africa in 2022:
- China (163.5K tons)
- United States (87.2K tons)
- Qatar (79.7K tons)
- Japan (41.6K tons)
- India (31.1K tons)
- Netherlands (11.5K tons)
Exports of Caustic Soda in Aqueous Solution (Soda Lye) in South Africa
In 2022, shipments abroad of caustic soda in aqueous solution (soda lye) was finally on the rise to reach 4.2K tons for the first time since 2019, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of caustic soda in aqueous solution (soda lye) skyrocketed to $3M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +15.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.6% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Caustic Soda in Aqueous Solution (Soda Lye) in South Africa (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Botswana | 247 | 278 | 451 | 750 | 44.8% |
Democratic Republic of the Congo | 176 | 32.8 | 4.2 | 483 | 40.0% |
Namibia | 715 | 503 | 435 | 446 | -14.6% |
Swaziland | 180 | 126 | 187 | 353 | 25.2% |
Zimbabwe | 175 | 163 | 88.7 | 257 | 13.7% |
Zambia | 132 | 185 | 184 | 208 | 16.4% |
Mozambique | 7.6 | 20.5 | 130 | 142 | 165.4% |
Lesotho | 114 | 26.7 | 89.7 | 33.3 | -33.6% |
Others | 192 | 301 | 392 | 330 | 19.8% |
Total | 1,938 | 1,636 | 1,962 | 3,004 | 15.7% |
Top Export Markets for Caustic Soda in Aqueous Solution (Soda Lye) from South Africa in 2022:
- Namibia (1022.9 tons)
- Botswana (1019.6 tons)
- Swaziland (571.4 tons)
- Democratic Republic of the Congo (455.7 tons)
- Zimbabwe (312.4 tons)
- Zambia (264.3 tons)
- Mozambique (219.4 tons)
- Lesotho (37.4 tons)
This report provides an in-depth analysis of the market for caustic soda in aqueous solution (soda lye) 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 20132527 - Sodium hydroxide in aqueous solution (soda lye or liquid soda)
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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Discover the top import markets for caustic soda in aqueous solution (soda lye) based on import values in 2023. Learn about the key countries driving the demand for this versatile chemical compound.
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