South Africa - Silicates, Commercial Alkali Metal Silicates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSilicates Price in South Africa - 2023
Contents:
- Silicates Price in South Africa (CIF) - 2022
- Silicates Price in South Africa (FOB) - 2023
- Silicates Imports in South Africa
- Silicates Exports in South Africa
Silicates Price in South Africa (CIF) - 2022
In 2022, the average silicates import price amounted to $441 per ton, declining by -8.3% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 42% against the previous year. 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.
Prices varied noticeably by country of origin: 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.
Silicates Price in South Africa (FOB) - 2023
The average silicates export price stood at $530 per ton in July 2023, waning by -37.4% against the previous month. In general, the export price saw a perceptible decline. The growth pace was the most rapid in November 2022 an increase of 65% m-o-m. The export price peaked at $1,021 per ton in May 2023; however, from June 2023 to July 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Democratic Republic of the Congo ($1,047 per ton), while the average price for exports to Zambia ($358 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+3.0%), while the prices for the other major destinations experienced a decline.
Silicates Imports in South Africa
In 2022, silicates imports into South Africa surged to 37K tons, growing by 92% compared with the previous year. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, silicates imports surged to $16M in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of 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 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)
Silicates Exports in South Africa
In 2022, shipments abroad of silicates, commercial alkali metal silicates decreased by -17.1% to 5.3K tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 21% against the previous year. As a result, the exports attained the peak of 8K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, silicates exports surged to $3.2M in 2022. The total export value increased at an average annual rate of +4.2% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of 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 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)
This report provides an in-depth analysis of the silicates market 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 20136240 - Silicates, commercial alkali metal silicates
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
-
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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