Price for Sodium Sulphates; Other than Disodium Sulphate in South Africa - 2023
Contents:
- Price for Sodium Sulphates; Other than Disodium Sulphate in South Africa (CIF) - 2022
- Price for Sodium Sulphates; Other than Disodium Sulphate in South Africa (FOB) - 2023
- Imports of Sodium Sulphates; Other than Disodium Sulphate in South Africa
- Exports of Sodium Sulphates; Other than Disodium Sulphate in South Africa
Price for Sodium Sulphates; Other than Disodium Sulphate in South Africa (CIF) - 2022
In 2022, the average import price for sodium sulphates; other than disodium sulphates amounted to $827 per ton, surging by 66% against the previous year. Over the period under review, the import price continues to indicate a significant increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 204% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
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 India ($1,767 per ton), while the price for Spain ($80 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+22.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Sodium Sulphates; Other than Disodium Sulphate in South Africa (FOB) - 2023
In November 2023, the average export price for sodium sulphates; other than disodium sulphates amounted to $197 per ton, with a decrease of -47.7% against the previous month. Overall, the export price saw a pronounced descent. The growth pace was the most rapid in March 2023 when the average export price increased by 285% m-o-m. Over the period under review, the average export prices attained the peak figure at $2,028 per ton in April 2023; however, from May 2023 to November 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Zambia.
From December 2022 to November 2023, the rate of growth in terms of prices for Zambia amounted to -3.7% per month.
Imports of Sodium Sulphates; Other than Disodium Sulphate in South Africa
In 2022, imports of sodium sulphates; other than disodium sulphates into South Africa declined remarkably to 1.6K tons, shrinking by -61.5% on 2021 figures. Overall, imports saw a precipitous shrinkage. The smallest decline of -55.4% was in 2021.
In value terms, imports of sodium sulphates; other than disodium sulphates fell significantly to $1.3M in 2022. In general, imports continue to indicate a precipitous contraction. The pace of growth appeared the most rapid in 2021 with an increase of 36% against the previous year.
| Import of Sodium Sulphates; Other than Disodium Sulphate in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9,865 | 1,091 | 1,490 | 618 | -60.3% |
| India | 183 | 219 | 164 | 364 | 25.8% |
| Germany | 112 | 91.4 | 136 | 156 | 11.7% |
| Belgium | 119 | 92.7 | 243 | 82.7 | -11.4% |
| Malaysia | N/A | N/A | N/A | 14.7 | 0% |
| Others | 28.3 | 17.8 | 17.1 | 73.5 | 37.5% |
| Total | 10,308 | 1,512 | 2,050 | 1,309 | -49.7% |
Top Suppliers of Sodium Sulphates; Other than Disodium Sulphate to South Africa in 2022:
- China (826.0 tons)
- Germany (269.5 tons)
- India (205.9 tons)
- Belgium (151.1 tons)
- Malaysia (40.0 tons)
Exports of Sodium Sulphates; Other than Disodium Sulphate in South Africa
Exports of sodium sulphates; other than disodium sulphates from South Africa reduced remarkably to 1.9K tons in 2022, which is down by -71% compared with the year before. Overall, exports, however, enjoyed a noticeable expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 530%. As a result, the exports reached the peak of 6.6K tons, and then reduced notably in the following year.
In value terms, exports of sodium sulphates; other than disodium sulphates reduced sharply to $737K in 2022. Over the period under review, exports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of 234% against the previous year. As a result, the exports reached the peak of $2.1M, and then reduced markedly in the following year.
| Export of Sodium Sulphates; Other than Disodium Sulphate in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zambia | 123 | 105 | 880 | 338 | 40.1% |
| Zimbabwe | 35.7 | 125 | 820 | 142 | 58.4% |
| Swaziland | 157 | 42.0 | 174 | 134 | -5.1% |
| Democratic Republic of the Congo | 53.2 | 4.4 | 144 | 15.6 | -33.6% |
| Others | 82.4 | 365 | 125 | 108 | 9.4% |
| Total | 451 | 642 | 2,142 | 737 | 17.8% |
Top Export Markets for Sodium Sulphates; Other than Disodium Sulphate from South Africa in 2022:
- Zambia (1069.1 tons)
- Swaziland (433.3 tons)
- Zimbabwe (327.6 tons)
- Democratic Republic of the Congo (35.6 tons)
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