Price for Ivory and Articles Thereof; Worked in South Africa - 2023
Contents:
- Price for Ivory and Articles Thereof; Worked in South Africa (CIF) - 2022
- Price for Ivory and Articles Thereof; Worked in South Africa (FOB) - 2022
- Imports of Ivory and Articles Thereof; Worked in South Africa
- Exports of Ivory and Articles Thereof; Worked in South Africa
Price for Ivory and Articles Thereof; Worked in South Africa (CIF) - 2022
The average import price for ivory and articles thereof; worked stood at $14,896 per ton in 2022, shrinking by -9.9% against the previous year. Over the period under review, the import price, however, showed prominent growth. The growth pace was the most rapid in 2016 when the average import price increased by 245%. As a result, import price reached the peak level of $26,298 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
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 China ($15,329 per ton), while the price for Zambia amounted to $2,249 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Ivory and Articles Thereof; Worked in South Africa (FOB) - 2022
In 2022, the average export price for ivory and articles thereof; worked amounted to $12,726 per ton, shrinking by -8.8% against the previous year. Over the period under review, the export price, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2013 an increase of 449% against the previous year. Over the period under review, the average export prices reached the maximum at $23,177 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Botswana ($17,840 per ton), while the average price for exports to Lesotho ($5,285 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 Swaziland (+8.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Ivory and Articles Thereof; Worked in South Africa
In 2022, approx. 923 kg of ivory and articles thereof; worked were imported into South Africa; increasing by 16% compared with the previous year's figure. In general, imports, however, recorded a dramatic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 489% against the previous year.
In value terms, ivory and articles thereof; worked imports rose to $14K in 2022. Over the period under review, imports, however, continue to indicate a dramatic slump. The most prominent rate of growth was recorded in 2021 with an increase of 1,080% against the previous year.
| Import of Ivory and Articles Thereof; Worked in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.1 | N/A | 9.8 | 13.3 | 410.4% |
| United States | 13.5 | 0.7 | 0.1 | 0.3 | -71.9% |
| Zambia | N/A | N/A | N/A | 0.1 | 0% |
| Namibia | 1.6 | N/A | 3.1 | N/A | 39.2% |
| Saudi Arabia | 24.0 | N/A | N/A | N/A | 0% |
| Others | 1.5 | 0.4 | 0.1 | 0.1 | -59.5% |
| Total | 40.7 | 1.1 | 13.1 | 13.7 | -30.4% |
Top Suppliers of Ivory and Articles Thereof; Worked to South Africa in 2022:
- China (869.0 kg)
- Zambia (46.0 kg)
- United States (3.0 kg)
Exports of Ivory and Articles Thereof; Worked in South Africa
Ivory and articles thereof; worked exports from South Africa soared to 1.2 tons in 2022, picking up by 81% compared with 2021 figures. Over the period under review, exports showed slight growth. The pace of growth appeared the most rapid in 2020 with an increase of 123% against the previous year. As a result, the exports reached the peak of 2.5 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, ivory and articles thereof; worked exports soared to $15K in 2022. Overall, exports, however, continue to indicate a slight slump. The pace of growth was the most pronounced in 2020 with an increase of 152%. As a result, the exports attained the peak of $40K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Ivory and Articles Thereof; Worked in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 0.2 | N/A | 0.1 | 7.7 | 237.7% |
| United States | 4.8 | 1.4 | 2.1 | 4.2 | -4.4% |
| Botswana | N/A | 1.4 | N/A | 1.3 | -3.6% |
| Denmark | 0.1 | 1.2 | 0.9 | 1.1 | 122.4% |
| Lesotho | 0.7 | 0.5 | 0.1 | 0.1 | -47.7% |
| Swaziland | 0.7 | 1.4 | 0.1 | 0.1 | -47.7% |
| Spain | 5.6 | N/A | N/A | N/A | 0% |
| Mozambique | N/A | N/A | 1.3 | N/A | 0% |
| United Kingdom | N/A | 1.5 | N/A | N/A | 0% |
| Cote d'Ivoire | 0.7 | 28.3 | N/A | N/A | 3942.9% |
| Netherlands | N/A | N/A | 1.4 | N/A | 0% |
| Others | 3.2 | 4.5 | 3.1 | 0.5 | -46.1% |
| Total | 16.0 | 40.2 | 9.2 | 15.1 | -1.9% |
Top Export Markets for Ivory and Articles Thereof; Worked from South Africa in 2022:
- Namibia (723.0 kg)
- United States (243.0 kg)
- Denmark (80.0 kg)
- Botswana (75.0 kg)
- Swaziland (21.0 kg)
- Lesotho (19.0 kg)
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