South Africa - Sodium Hydroxide In Aqueous Solution (Soda Lye Or Liquid Soda) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

South Africa - Sodium Hydroxide In Aqueous Solution (Soda Lye Or Liquid Soda) - Market Analysis, Forecast, Size, Trends And Insights

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Price for Caustic Soda in Aqueous Solution (Soda Lye) in South Africa - 2023

Contents:

  1. Price for Caustic Soda in Aqueous Solution (Soda Lye) in South Africa (CIF) - 2022
  2. Price for Caustic Soda in Aqueous Solution (Soda Lye) in South Africa (FOB) - 2022
  3. Imports of Caustic Soda in Aqueous Solution (Soda Lye) in South Africa
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
China1.41.37.654.1238.1%
IndiaN/AN/A17.323.636.4%
United States22.316.323.814.4-13.6%
Japan8.82.0N/A13.013.9%
Qatar10.40.64.87.2-11.5%
Netherlands5.40.90.80.9-45.0%
IndonesiaN/A2.7N/AN/A0%
Oman3.4N/AN/AN/A0%
Saudi ArabiaN/AN/A2.1N/A0%
Others1.94.85.14.230.3%
Total53.628.661.511729.7%

Top Suppliers of Caustic Soda in Aqueous Solution (Soda Lye) to South Africa in 2022:

  1. China (163.5K tons)
  2. United States (87.2K tons)
  3. Qatar (79.7K tons)
  4. Japan (41.6K tons)
  5. India (31.1K tons)
  6. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Botswana24727845175044.8%
Democratic Republic of the Congo17632.84.248340.0%
Namibia715503435446-14.6%
Swaziland18012618735325.2%
Zimbabwe17516388.725713.7%
Zambia13218518420816.4%
Mozambique7.620.5130142165.4%
Lesotho11426.789.733.3-33.6%
Others19230139233019.8%
Total1,9381,6361,9623,00415.7%

Top Export Markets for Caustic Soda in Aqueous Solution (Soda Lye) from South Africa in 2022:

  1. Namibia (1022.9 tons)
  2. Botswana (1019.6 tons)
  3. Swaziland (571.4 tons)
  4. Democratic Republic of the Congo (455.7 tons)
  5. Zimbabwe (312.4 tons)
  6. Zambia (264.3 tons)
  7. Mozambique (219.4 tons)
  8. Lesotho (37.4 tons)

Source: IndexBox Market Intelligence Platform

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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