Price for Germanium Oxides and Zirconium Dioxide in South Africa - 2023

Contents:

1. Price for Germanium Oxides and Zirconium Dioxide in South Africa (FOB) - 2023
2. Price for Germanium Oxides and Zirconium Dioxide in South Africa (CIF) - 2023
3. Exports of Germanium Oxides and Zirconium Dioxide in South Africa
4. Imports of Germanium Oxides and Zirconium Dioxide in South Africa

Price for Germanium Oxides and Zirconium Dioxide in South Africa (FOB) - 2023

The average export price for germanium oxides and zirconium dioxides stood at $6,616 per ton in July 2023, dropping by -3.4% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 21% month-to-month. As a result, the export price attained the peak level of $8,083 per ton. From May 2023 to July 2023, the the average export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In July 2023, the country with the highest price was the Netherlands ($8,803 per ton), while the average price for exports to India ($6,109 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Germanium Oxides and Zirconium Dioxide in South Africa (CIF) - 2023

The average import price for germanium oxides and zirconium dioxides stood at $26,767 per ton in July 2023, with an increase of 35% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average import price increased by 50% month-to-month. The import price peaked at $36,778 per ton in April 2023; however, from May 2023 to July 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the UK ($36,597 per ton), while the price for Japan ($23,798 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Japan (+1.2%), while the prices for the other major suppliers experienced a decline.

Exports of Germanium Oxides and Zirconium Dioxide in South Africa

Germanium oxides and zirconium dioxide exports from South Africa soared to 2.6K tons in 2022, jumping by 25% compared with the previous year. The total export volume increased at an average annual rate of +6.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, germanium oxides and zirconium dioxide exports soared to $18M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Germanium Oxides and Zirconium Dioxide from South Africa in 2022:

1. India (785.0 tons)
2. Japan (622.0 tons)
3. United States (424.3 tons)
4. United Kingdom (241.0 tons)
5. Netherlands (216.5 tons)
6. Taiwan (Chinese) (202.5 tons)
7. Belgium (24.2 tons)

Imports of Germanium Oxides and Zirconium Dioxide in South Africa

After three years of growth, supplies from abroad of germanium oxides and zirconium dioxides decreased by -1.4% to 252 tons in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +14.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.4% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 51%. As a result, imports reached the peak of 256 tons, and then fell modestly in the following year.

In value terms, germanium oxides and zirconium dioxide imports soared to $7.7M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.4% 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 +74.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 32% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

Top Suppliers of Germanium Oxides and Zirconium Dioxide to South Africa in 2022:

1. United States (110.4 tons)
2. Japan (71.7 tons)
3. United Kingdom (69.5 tons)

Source: IndexBox Market Intelligence Platform