SADC: Market for Porphyry, Basalt and Quartzites 2024

Market Size for Porphyry, Basalt and Quartzites in SADC

The SADC porphyry, basalt and quartzites market totaled $X in 2022, rising by X% against the previous year. In general, consumption, however, recorded a abrupt curtailment. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Porphyry, Basalt and Quartzites in SADC

In value terms, porphyry, basalt and quartzites production totaled $X in 2022 estimated in export price. Overall, production, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Porphyry, Basalt and Quartzites

Exports in SADC

Porphyry, basalt and quartzites exports skyrocketed to X tons in 2022, surging by X% against 2021 figures. Over the period under review, exports posted a tangible expansion. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, porphyry, basalt and quartzites exports skyrocketed to $X in 2022. Total exports indicated a perceptible expansion 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, exports increased by X% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, South Africa (X tons), distantly followed by Angola (X tons), Namibia (X tons) and Madagascar (X tons) represented the largest exporters of porphyry, basalt and quartzites, together making up X% of total exports. The following exporters - Lesotho (X tons), Malawi (X tons) and Mozambique (X tons) - together made up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Angola (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) emerged as the largest porphyry, basalt and quartzites supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Madagascar ($X), with a X% share of total exports. It was followed by Angola, with a X% share.

From 2012 to 2022, the average annual growth rate of value in South Africa amounted to X%. In the other countries, the average annual rates were as follows: Madagascar (X% per year) and Angola (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. Export price indicated a slight increase from 2012 to 2022: its price 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, porphyry, basalt and quartzites export price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Madagascar (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Porphyry, Basalt and Quartzites

Imports in SADC

In 2022, the amount of porphyry, basalt and quartzites imported in SADC declined sharply to X tons, which is down by X% on 2021 figures. Overall, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, porphyry, basalt and quartzites imports declined significantly to $X in 2022. In general, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The purchases of the three major importers of porphyry, basalt and quartzites, namely Tanzania, Botswana and South Africa, represented more than half of total import. Mozambique (X tons) ranks next in terms of the total imports with a X% share, followed by Democratic Republic of the Congo (X%), Zambia (X%), Zimbabwe (X%), Namibia (X%) and Angola (X%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Democratic Republic of the Congo (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Tanzania ($X), Botswana ($X) and Democratic Republic of the Congo ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports.

Among the main importing countries, Democratic Republic of the Congo, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of X% against the previous year. Over the period under review, import prices attained the maximum in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Angola ($X per ton), while Zimbabwe ($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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