Price for Lustres; Liquid Lustres and Similar Preparations in South Africa - 2024
Contents:
- Price for Lustres; Liquid Lustres and Similar Preparations in South Africa (FOB) - 2022
- Price for Lustres; Liquid Lustres and Similar Preparations in South Africa (CIF) - 2022
- Exports of Lustres; Liquid Lustres and Similar Preparations in South Africa
- Imports of Lustres; Liquid Lustres and Similar Preparations in South Africa
Price for Lustres; Liquid Lustres and Similar Preparations in South Africa (FOB) - 2022
In 2022, the average export price for lustres; liquid lustres and similar preparationses amounted to $6,751 per ton, waning by -2.6% against the previous year. Over the period under review, the export price, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2017 an increase of 73% against the previous year. The export price peaked at $7,572 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Swaziland ($23,300 per ton), while the average price for exports to Botswana ($1,289 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 (+26.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Lustres; Liquid Lustres and Similar Preparations in South Africa (CIF) - 2022
In 2022, the average import price for lustres; liquid lustres and similar preparationses amounted to $24,724 per ton, jumping by 21% against the previous year. In general, the import price, however, showed a deep setback. The most prominent rate of growth was recorded in 2017 when the average import price increased by 87% against the previous year. Over the period under review, average import prices attained the maximum at $82,017 per ton in 2012; however, from 2013 to 2022, 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 Italy ($47,677 per ton), while the price for China ($6,059 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-1.4%), while the prices for the other major suppliers experienced a decline.
Exports of Lustres; Liquid Lustres and Similar Preparations in South Africa
Exports of lustres; liquid lustres and similar preparationses from South Africa skyrocketed to 159 tons in 2022, with an increase of 29% against the year before. The total export volume increased at an average annual rate of +12.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of lustres; liquid lustres and similar preparationses skyrocketed to $1.1M in 2022. The total export value increased at an average annual rate of +11.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 36% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in years to come.
| Export of Lustres; Liquid Lustres and Similar Preparations in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zambia | 560 | 828 | 31.3 | 740 | 9.7% |
| Zimbabwe | 139 | 71.0 | 593 | 240 | 20.0% |
| Malawi | 44.8 | 38.7 | 109 | 73.1 | 17.7% |
| Mozambique | 4.9 | 7.3 | 31.7 | 7.2 | 13.7% |
| Botswana | 20.9 | 2.1 | 18.6 | 4.4 | -40.5% |
| Tanzania | N/A | 49.8 | 59.1 | 1.8 | -81.0% |
| Others | 9.5 | 60.4 | 6.7 | 4.7 | -20.9% |
| Total | 780 | 1,057 | 849 | 1,071 | 11.1% |
Top Export Markets for Lustres; Liquid Lustres and Similar Preparations from South Africa in 2022:
- Zambia (100.8 tons)
- Zimbabwe (42.7 tons)
- Malawi (8.9 tons)
- Botswana (3.4 tons)
- Mozambique (1.9 tons)
- Tanzania (0.2 tons)
Imports of Lustres; Liquid Lustres and Similar Preparations in South Africa
Imports of lustres; liquid lustres and similar preparationses into South Africa dropped notably to 7.3 tons in 2022, reducing by -62.3% compared with the previous year. Overall, imports continue to indicate a sharp reduction. The growth pace was the most rapid in 2021 with an increase of 15%.
In value terms, imports of lustres; liquid lustres and similar preparationses fell remarkably to $180K in 2022. Over the period under review, imports saw a precipitous decline. The most prominent rate of growth was recorded in 2021 when imports increased by 2.1% against the previous year.
| Import of Lustres; Liquid Lustres and Similar Preparations in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 77.3 | 21.1 | 83.9 | 102 | 9.7% |
| Germany | 597 | 273 | 268 | 36.9 | -60.5% |
| Turkey | 0.3 | 12.0 | 2.7 | 13.1 | 252.1% |
| China | 35.7 | 0.7 | 2.2 | 3.9 | -52.2% |
| United States | 0.9 | 13.0 | 15.6 | 3.5 | 57.3% |
| Spain | 80.4 | 38.8 | N/A | N/A | -51.7% |
| Others | 17.3 | 28.5 | 23.5 | 19.9 | 4.8% |
| Total | 809 | 387 | 395 | 180 | -39.4% |
Top Suppliers of Lustres; Liquid Lustres and Similar Preparations to South Africa in 2022:
- Turkey (2.1 tons)
- Italy (2.1 tons)
- Germany (2.1 tons)
- China (0.6 tons)
- United States (0.2 tons)
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