Price for Silicates; Commercial Alkali Metal Silicates in South Africa - 2023
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates in South Africa (CIF) - 2022
- Price for Silicates; Commercial Alkali Metal Silicates in South Africa (FOB) - 2022
- Imports of Silicates; Commercial Alkali Metal Silicates in South Africa
- Exports of Silicates; Commercial Alkali Metal Silicates in South Africa
Price for Silicates; Commercial Alkali Metal Silicates in South Africa (CIF) - 2022
The average import price for silicates; commercial alkali metal silicateses stood at $441 per ton in 2022, shrinking by -8.3% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 42%. As a result, import price reached the peak level of $550 per ton. From 2019 to 2022, the average import prices remained at a somewhat 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 the Netherlands ($1,277 per ton), while the price for Egypt ($232 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Silicates; Commercial Alkali Metal Silicates in South Africa (FOB) - 2022
The average export price for silicates; commercial alkali metal silicateses stood at $613 per ton in 2022, growing by 51% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $930 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($1,773 per ton), while the average price for exports to Mozambique ($341 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 Democratic Republic of the Congo (+3.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Silicates; Commercial Alkali Metal Silicates in South Africa
In 2022, approx. 37K tons of silicates; commercial alkali metal silicateses were imported into South Africa; growing by 92% on 2021 figures. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, silicates; commercial alkali metal silicates imports surged to $16M in 2022. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Silicates; Commercial Alkali Metal Silicates in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.5 | 4.6 | 5.2 | 9.3 | 27.4% |
| Egypt | 0.3 | 0.3 | 0.6 | 3.7 | 131.0% |
| Netherlands | 0.8 | 1.0 | 1.0 | 1.1 | 11.2% |
| India | 0.7 | 0.5 | 0.4 | 0.3 | -24.6% |
| Bosnia and Herzegovina | N/A | N/A | 0.4 | 0.3 | -25.0% |
| Others | 1.3 | 1.1 | 1.7 | 1.7 | 9.4% |
| Total | 7.6 | 7.5 | 9.3 | 16.4 | 29.2% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates to South Africa in 2022:
- China (17.7K tons)
- Egypt (16.1K tons)
- Netherlands (0.8K tons)
- India (0.8K tons)
- Bosnia and Herzegovina (0.7K tons)
Exports of Silicates; Commercial Alkali Metal Silicates in South Africa
In 2022, shipments abroad of silicates; commercial alkali metal silicateses decreased by -17.1% to 5.3K tons, falling for the second consecutive year after two years of growth. Overall, exports saw a abrupt slump. The growth pace was the most rapid in 2020 with an increase of 21% against the previous year. As a result, the exports reached the peak of 8K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, silicates; commercial alkali metal silicates exports surged to $3.2M in 2022. The total export value increased at an average annual rate of +4.2% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Silicates; Commercial Alkali Metal Silicates in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zimbabwe | 317 | 479 | 475 | 1,246 | 57.8% |
| Zambia | 1,574 | 1,670 | 1,429 | 1,060 | -12.3% |
| Democratic Republic of the Congo | 240 | 582 | 261 | 391 | 17.7% |
| United Arab Emirates | N/A | N/A | N/A | 160 | 0% |
| Mozambique | 98.2 | 11.6 | 36.1 | 97.5 | -0.2% |
| Others | 630 | 295 | 383 | 282 | -23.5% |
| Total | 2,860 | 3,038 | 2,585 | 3,237 | 4.2% |
Top Export Markets for Silicates; Commercial Alkali Metal Silicates from South Africa in 2022:
- Zimbabwe (2164.9 tons)
- Zambia (2024.7 tons)
- Democratic Republic of the Congo (486.7 tons)
- Mozambique (286.2 tons)
- United Arab Emirates (90.5 tons)
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