SADC: Market for Alkali or Alkaline-Earth Metals, Rare-Earth Metals, Scandium and Yttrium, Mercury 2024

Market Size for Alkali or Alkaline-Earth Metals, Rare-Earth Metals, Scandium and Yttrium, Mercury in SADC

The SADC market for alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury totaled $X in 2023, surging by X% against the previous year. Overall, consumption saw a measured expansion. The level of consumption peaked in 2023 and is likely to see steady growth in years to come.

Production of Alkali or Alkaline-Earth Metals, Rare-Earth Metals, Scandium and Yttrium, Mercury in SADC

In value terms, alkali and rare earth metals production expanded remarkably to $X in 2023 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

Exports of Alkali or Alkaline-Earth Metals, Rare-Earth Metals, Scandium and Yttrium, Mercury

Exports in SADC

In 2023, approx. X tons of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury were exported in SADC; surging by X% on 2022. In general, exports, however, continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2016; however, from 2017 to 2023, the exports remained at a lower figure.

In value terms, alkali and rare earth metals exports surged to $X in 2023. Over the period under review, exports, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

Exports by Country

In 2023, Tanzania (X tons) represented the key exporter of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury, constituting X% of total exports. South Africa (X tons) ranks second in terms of the total exports with a X% share, followed by Namibia (X%).

Tanzania was also the fastest-growing in terms of the alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury exports, with a CAGR of X% from 2012 to 2023. At the same time, Namibia (X%) displayed positive paces of growth. By contrast, South Africa (X%) illustrated a downward trend over the same period. Tanzania (X p.p.) and Namibia (X p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, South Africa ($X) remains the largest alkali and rare earth metals supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Tanzania ($X), with an X% share of total exports.

In South Africa, alkali and rare earth metals exports shrank by an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Tanzania (X% per year) and Namibia (X% per year).

Export Prices by Country

In 2023, the export price in SADC amounted to $X per ton, falling by X% against the previous year. Overall, the export price continues to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2013 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Namibia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced a decline in the export price figures.

Imports of Alkali or Alkaline-Earth Metals, Rare-Earth Metals, Scandium and Yttrium, Mercury

Imports in SADC

In 2023, the amount of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury imported in SADC dropped to X tons, falling by X% compared with the year before. Overall, imports recorded a noticeable contraction. The pace of growth appeared the most rapid in 2014 when imports increased by X%. As a result, imports attained the peak of X tons. From 2015 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, alkali and rare earth metals imports totaled $X in 2023. In general, imports showed a noticeable descent. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, South Africa (X tons) represented the key importer of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury, comprising X% of total imports. Zimbabwe (X tons) took the second position in the ranking, distantly followed by Botswana (X tons) and Democratic Republic of the Congo (X tons). All these countries together held near X% share of total imports. The following importers - Tanzania (X tons), Madagascar (X tons) and Zambia (X tons) - each accounted for a X% share of total imports.

From 2012 to 2023, average annual rates of growth with regard to alkali and rare earth metals imports into South Africa stood at X%. At the same time, Botswana (X%), Madagascar (X%) and Democratic Republic of the Congo (X%) displayed positive paces of growth. Moreover, Botswana emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2023. By contrast, Zambia (X%), Tanzania (X%) and Zimbabwe (X%) illustrated a downward trend over the same period. South Africa (X p.p.), Botswana (X p.p.), Democratic Republic of the Congo (X p.p.) and Madagascar (X p.p.) significantly strengthened its position in terms of the total imports, while Tanzania and Zimbabwe saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury in SADC, comprising X% of total imports. The second position in the ranking was taken by Zimbabwe ($X), with an X% share of total imports. It was followed by Democratic Republic of the Congo, with a X% share.

From 2012 to 2023, the average annual growth rate of value in South Africa totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Zimbabwe (X% per year) and Democratic Republic of the Congo (X% per year).

Import Prices by Country

In 2023, the import price in SADC amounted to $X per ton, with an increase of X% against the previous year. In general, the import price continues to indicate a mild expansion. The pace of growth appeared the most rapid in 2021 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2022 to 2023, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was South Africa ($X per ton), while Madagascar ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Zambia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform