South Africa: Market for Inorganic Oxygen Compounds Of Non-Metals 2024

Market Size for Inorganic Oxygen Compounds Of Non-Metals in South Africa

The South African market for inorganic oxygen compounds of non-metals amounted to $X in 2022, with an increase of X% against the previous year. In general, consumption, however, saw a perceptible shrinkage. Inorganic oxygen compounds of non-metals consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Inorganic Oxygen Compounds Of Non-Metals in South Africa

In value terms, inorganic oxygen compounds of non-metals production rose sharply to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Inorganic Oxygen Compounds Of Non-Metals

Exports from South Africa

In 2022, overseas shipments of inorganic oxygen compounds of non-metals increased by X% to X tons for the first time since 2016, thus ending a five-year declining trend. Overall, exports, however, continue to indicate a abrupt descent. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, inorganic oxygen compounds of non-metals exports stood at $X in 2022. In general, exports, however, saw a noticeable decline. The pace of growth appeared the most rapid in 2016 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Malaysia (X tons) was the main destination for inorganic oxygen compounds of non-metals exports from South Africa, accounting for a X% share of total exports. Moreover, inorganic oxygen compounds of non-metals exports to Malaysia exceeded the volume sent to the second major destination, Kenya (X tons), fourfold. The third position in this ranking was taken by Zambia (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Malaysia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Kenya (X% per year) and Zambia (X% per year).

In value terms, Democratic Republic of the Congo ($X) emerged as the key foreign market for inorganic oxygen compounds of non-metals exports from South Africa, comprising X% of total exports. The second position in the ranking was taken by Zambia ($X), with an X% share of total exports. It was followed by Botswana, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Democratic Republic of the Congo stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (X% per year) and Botswana (X% per year).

Export Prices by Country

In 2022, the average export price for inorganic oxygen compounds of non-metals amounted to $X per ton, which is down by X% against the previous year. In general, the export price, however, enjoyed measured growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton, and then shrank significantly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per ton), while the average price for exports to Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Inorganic Oxygen Compounds Of Non-Metals

Imports into South Africa

In 2022, after five years of decline, there was significant growth in supplies from abroad of inorganic oxygen compounds of non-metals, when their volume increased by X% to X tons. Overall, imports, however, faced a drastic downturn. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, inorganic oxygen compounds of non-metals imports soared to $X in 2022. Over the period under review, imports, however, saw a slight shrinkage. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Hungary (X tons), Germany (X tons) and China (X tons) were the main suppliers of inorganic oxygen compounds of non-metals imports to South Africa, together comprising X% of total imports. France, Belgium, Poland and Austria lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X) constituted the largest supplier of inorganic oxygen compounds of non-metals to South Africa, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports. It was followed by China, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Hungary stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and China (X% per year).

Import Prices by Country

The average import price for inorganic oxygen compounds of non-metals stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price enjoyed a prominent increase. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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