South Africa - Zinc Ores And Concentrates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Zinc Ores and Concentrates in South Africa - 2023
Contents:
- Price for Zinc Ores and Concentrates in South Africa (FOB) - 2022
- Price for Zinc Ores and Concentrates in South Africa (CIF) - 2022
- Exports of Zinc Ores and Concentrates in South Africa
- Imports of Zinc Ores and Concentrates in South Africa
Price for Zinc Ores and Concentrates in South Africa (FOB) - 2022
In 2022, the average zinc ores and concentrates export price amounted to $1,139 per ton, rising by 26% against the previous year. Overall, the export price posted a buoyant increase. The growth pace was the most rapid in 2021 when the average export price increased by 63% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($1,196 per ton), while the average price for exports to South Korea totaled $859 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+7.3%).
Price for Zinc Ores and Concentrates in South Africa (CIF) - 2022
In 2022, the average zinc ores and concentrates import price amounted to $1,597 per ton, picking up by 190% against the previous year. Overall, the import price, however, recorded a noticeable descent. Over the period under review, average import prices attained the maximum at $3,011 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($1,815 per ton), while the price for Namibia amounted to $1,528 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (-3.7%).
Exports of Zinc Ores and Concentrates in South Africa
After three years of growth, shipments abroad of zinc ores and concentrates decreased by -3% to 495K tons in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +22.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +85.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39%. As a result, the exports reached the peak of 510K tons, and then reduced slightly in the following year.
In value terms, zinc ores and concentrates exports skyrocketed to $564M in 2022. In general, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 127%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Zinc Ores and Concentrates in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 71.5 | 128 | 422 | 492 | 90.2% |
| South Korea | 74.2 | 71.9 | 41.1 | 71.8 | -1.1% |
| United States | 19.4 | N/A | N/A | N/A | 0% |
| Others | 4.0 | 4.1 | 0.1 | 0.1 | -70.8% |
| Total | 169 | 204 | 463 | 564 | 49.4% |
Top Export Markets for Zinc Ores and Concentrates from South Africa in 2022:
- China (411.3K tons)
- South Korea (83.6K tons)
Imports of Zinc Ores and Concentrates in South Africa
In 2022, the amount of zinc ores and concentrates imported into South Africa shrank notably to 69 tons, which is down by -63.1% on the year before. Over the period under review, imports saw a dramatic descent. The pace of growth was the most pronounced in 2021 when imports increased by 358%.
In value terms, zinc ores and concentrates imports rose significantly to $111K in 2022. In general, imports faced a sharp decline.
| Import of Zinc Ores and Concentrates in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 814 | 0.1 | 0.2 | 81.1 | -53.6% |
| Thailand | 117 | 111 | 65.3 | 29.3 | -37.0% |
| India | 0.7 | N/A | N/A | N/A | 0% |
| Zambia | 0.6 | N/A | 35.9 | N/A | 673.5% |
| Others | 0.9 | 1.8 | 1.9 | 0.2 | -39.4% |
| Total | 933 | 113 | 103 | 111 | -50.8% |
Top Suppliers of Zinc Ores and Concentrates to South Africa in 2022:
- Namibia (53.1 tons)
- Thailand (16.1 tons)
This report provides an in-depth analysis of the market for zinc ores and concentrates in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 07291520 -
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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