Price for Sodium Sulphates; Disodium Sulphate in South Africa - 2023
Contents:
- Price for Sodium Sulphates; Disodium Sulphate in South Africa (CIF) - 2022
- Price for Sodium Sulphates; Disodium Sulphate in South Africa (FOB) - 2022
- Imports of Sodium Sulphates; Disodium Sulphate in South Africa
- Exports of Sodium Sulphates; Disodium Sulphate in South Africa
Price for Sodium Sulphates; Disodium Sulphate in South Africa (CIF) - 2022
The average sodium sulphates; disodium sulphate import price stood at $87 per ton in 2022, standing approx. at the previous year. Overall, the import price, however, recorded a noticeable downturn. The pace of growth appeared the most rapid in 2017 when the average import price increased by 30% against the previous year. The import price peaked at $127 per ton in 2012; however, from 2013 to 2022, import prices stood 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 Spain ($91 per ton), while the price for India ($44 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.2%), while the prices for the other major suppliers experienced a decline.
Price for Sodium Sulphates; Disodium Sulphate in South Africa (FOB) - 2022
The average sodium sulphates; disodium sulphate export price stood at $283 per ton in 2022, with a decrease of -3.4% against the previous year. Overall, the export price showed a perceptible shrinkage. The pace of growth was the most pronounced in 2016 an increase of 40%. Over the period under review, the average export prices hit record highs at $677 per ton in 2018; however, from 2019 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 Democratic Republic of the Congo ($720 per ton), while the average price for exports to Zambia ($265 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 (+7.1%), while the prices for the other major destinations experienced a decline.
Imports of Sodium Sulphates; Disodium Sulphate in South Africa
For the fourth consecutive year, South Africa recorded growth in purchases abroad of sodium sulphates; disodium sulphates, which increased by 43% to 273K tons in 2022. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 68%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, sodium sulphates; disodium sulphate imports surged to $24M in 2022. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 72%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Sodium Sulphates; Disodium Sulphate in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 3.9 | 5.5 | 6.0 | 13.1 | 49.8% |
| China | 4.3 | 8.4 | 10.6 | 10.3 | 33.8% |
| India | 0.3 | 0.9 | N/A | 0.3 | 0.0% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 8.6 | 14.8 | 16.7 | 23.8 | 40.4% |
Top Suppliers of Sodium Sulphates; Disodium Sulphate to South Africa in 2022:
- Spain (144.5K tons)
- China (121.7K tons)
- India (7.0K tons)
Exports of Sodium Sulphates; Disodium Sulphate in South Africa
For the fourth year in a row, South Africa recorded growth in overseas shipments of sodium sulphates; disodium sulphates, which increased by 46% to 1.4K tons in 2022. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 79%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, sodium sulphates; disodium sulphate exports surged to $390K in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.0% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Sodium Sulphates; Disodium Sulphate in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zambia | 45.2 | 50.5 | 11.5 | 214 | 67.9% |
| Zimbabwe | 51.3 | 58.3 | 237 | 148 | 42.4% |
| Democratic Republic of the Congo | 163 | 0.5 | 5.3 | 2.1 | -76.6% |
| Angola | N/A | 110 | N/A | 0.1 | -97.0% |
| Others | 14.6 | 18.1 | 23.0 | 25.6 | 20.6% |
| Total | 274 | 238 | 277 | 390 | 12.5% |
Top Export Markets for Sodium Sulphates; Disodium Sulphate from South Africa in 2022:
- Zambia (809.2 tons)
- Zimbabwe (542.2 tons)
- Democratic Republic of the Congo (2.9 tons)
- Angola (0.1 tons)
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