SADC: Phosphinates And Phosphonates Market 2024

Phosphinates And Phosphonates Market Size in SADC

In 2022, the SADC phosphinates and phosphonates market decreased by X% to $X, falling for the second year in a row after two years of growth. The total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Phosphinates And Phosphonates Production in SADC

In value terms, phosphinates and phosphonates production expanded modestly to $X in 2022 estimated in export price. In general, production, however, recorded strong growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Phosphinates And Phosphonates Exports

Exports in SADC

In 2022, the amount of phosphinates (hypophosphites) and phosphonates (phosphites) exported in SADC skyrocketed to X tons, with an increase of X% against the previous year. Overall, exports showed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, phosphinates and phosphonates exports soared to $X in 2022. In general, exports continue to indicate strong growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the near future.

Exports by Country

South Africa prevails in exports structure, accounting for X tons, which was approx. X% of total exports in 2022. It was distantly followed by Mauritius (X tons), generating a X% share of total exports. Zambia (X tons) held a relatively small share of total exports.

Exports from South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Mauritius (X%) and Zambia (X%) displayed positive paces of growth. Moreover, Mauritius emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Mauritius and Zambia increased by X and X percentage points, respectively.

In value terms, South Africa ($X) remains the largest phosphinates and phosphonates supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Mauritius ($X), with a X% share of total exports.

In South Africa, phosphinates and phosphonates exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Mauritius (X% per year) and Zambia (X% per year).

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, picking up by X% against the previous year. Overall, the export price recorded a prominent increase. The pace of growth appeared the most rapid in 2013 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, 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 ($X per ton), while Mauritius ($X per ton) was amongst the lowest.

From 2012 to 2022, 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.

Phosphinates And Phosphonates Imports

Imports in SADC

In 2022, imports of phosphinates (hypophosphites) and phosphonates (phosphites) in SADC contracted rapidly to X tons, declining by X% compared with the previous year's figure. In general, imports, however, saw a perceptible increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The volume of import peaked at X tons in 2021, and then dropped remarkably in the following year.

In value terms, phosphinates and phosphonates imports shrank sharply to $X in 2022. Overall, imports showed a slight reduction. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

South Africa (X tons) and Zambia (X tons) represented the largest importers of phosphinates (hypophosphites) and phosphonates (phosphites) in 2022, recording near X% and X% of total imports, respectively. Zimbabwe (X tons) held the next position in the ranking, followed by Malawi (X tons) and Tanzania (X tons). All these countries together took near X% share of total imports. The following importers - Angola (X tons) and Democratic Republic of the Congo (X tons) - each reached an X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Malawi (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported phosphinates (hypophosphites) and phosphonates (phosphites) in SADC, comprising X% of total imports. The second position in the ranking was taken by Zambia ($X), with a X% share of total imports. It was followed by Tanzania, with a X% share.

In South Africa, phosphinates and phosphonates imports declined by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Zambia (X% per year) and Tanzania (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, surging by X% against the previous year. Overall, the import price, however, recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. Over the period under review, import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Democratic Republic of the Congo (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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