South Africa: Sodium Phosphates Market 2024

Sodium Phosphates Market Size in South Africa

The South African sodium phosphates market skyrocketed to $X in 2022, with an increase of X% against the previous year. In general, consumption, however, recorded a pronounced decline. Sodium phosphates consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Sodium Phosphates Production in South Africa

In value terms, sodium phosphates production totaled $X in 2022 estimated in export price. In general, production, however, showed a precipitous slump. The pace of growth was the most pronounced in 2017 with an increase of X,500%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Sodium Phosphates Exports

Exports from South Africa

After two years of growth, overseas shipments of phosphates of mono- or di-sodium decreased by X% to X tons in 2022. Overall, exports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons, and then contracted rapidly in the following year.

In value terms, sodium phosphates exports reduced dramatically to $X in 2022. In general, exports saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then contracted remarkably in the following year.

Exports by Country

Mozambique (X tons) was the main destination for sodium phosphates exports from South Africa, with a X% share of total exports. Moreover, sodium phosphates exports to Mozambique exceeded the volume sent to the second major destination, Zambia (X tons), more than tenfold. The third position in this ranking was taken by Democratic Republic of the Congo (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Mozambique totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (X% per year) and Democratic Republic of the Congo (X% per year).

In value terms, Mozambique ($X) emerged as the key foreign market for phosphates of mono- or di-sodium exports from South Africa, comprising X% of total exports. The second position in the ranking was taken by Democratic Republic of the Congo ($X), with a X% share of total exports. It was followed by Zambia, with a X% share.

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

Export Prices by Country

The average sodium phosphates export price stood at $X per ton in 2022, waning by X% against the previous year. In general, the export price faced a abrupt contraction. The pace of growth appeared the most rapid in 2019 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zimbabwe ($X per ton), while the average price for exports to Mozambique ($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 Zambia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sodium Phosphates Imports

Imports into South Africa

In 2022, after four years of growth, there was significant decline in supplies from abroad of phosphates of mono- or di-sodium, when their volume decreased by X% to X tons. Over the period under review, imports recorded a deep contraction. The growth pace was the most rapid in 2018 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, sodium phosphates imports reduced slightly to $X in 2022. Overall, imports recorded a deep reduction. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Germany (X tons) and the United States (X tons) were the main suppliers of sodium phosphates imports to South Africa, together comprising X% of total imports.

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

In value terms, Germany ($X) constituted the largest supplier of phosphates of mono- or di-sodium to South Africa, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by the United States, with an X% share.

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

Import Prices by Country

In 2022, the average sodium phosphates import price amounted to $X per ton, with an increase of X% against the previous year. In general, the import price, however, continues to indicate a pronounced decrease. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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