Price for Sulphites; Other than of Sodium in South Africa - 2024
Contents:
- Price for Sulphites; Other than of Sodium in South Africa (CIF) - 2022
- Price for Sulphites; Other than of Sodium in South Africa (FOB) - 2022
- Imports of Sulphites; Other than of Sodium in South Africa
- Exports of Sulphites; Other than of Sodium in South Africa
Price for Sulphites; Other than of Sodium in South Africa (CIF) - 2022
In 2022, the average import price for sulphites; other than of sodia amounted to $1,187 per ton, surging by 22% against the previous year. In general, the import price recorded a buoyant expansion. The pace of growth was the most pronounced in 2014 when the average import price increased by 134%. The import price peaked in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($1,294 per ton), while the price for China ($585 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Sulphites; Other than of Sodium in South Africa (FOB) - 2022
The average export price for sulphites; other than of sodia stood at $1,986 per ton in 2022, increasing by 30% against the previous year. Over the period under review, the export price posted temperate growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 208%. As a result, the export price attained the peak level of $2,130 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
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 ($15,021 per ton), while the average price for exports to Mozambique ($945 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 (+29.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Sulphites; Other than of Sodium in South Africa
In 2022, purchases abroad of sulphites; other than of sodia increased by 31% to 842 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a abrupt decrease.
In value terms, sulphites; other than of sodium imports surged to $999K in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +18.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Sulphites; Other than of Sodium in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 142 | 256 | 387 | 493 | 51.4% |
| United States | 56.6 | 91.5 | 26.6 | 219 | 57.0% |
| France | 138 | 165 | 156 | 200 | 13.2% |
| China | 258 | 28.4 | 11.2 | 31.7 | -50.3% |
| India | 8.3 | 12.8 | 15.9 | 18.4 | 30.4% |
| Others | 4.7 | 44.7 | 24.6 | 37.8 | 100.4% |
| Total | 608 | 599 | 622 | 999 | 18.0% |
Top Suppliers of Sulphites; Other than of Sodium to South Africa in 2022:
- Italy (399.1 tons)
- United States (204.0 tons)
- France (154.1 tons)
- China (54.1 tons)
- India (20.0 tons)
Exports of Sulphites; Other than of Sodium in South Africa
In 2022, shipments abroad of sulphites; other than of sodia decreased by -48.2% to 31 tons, falling for the second consecutive year after two years of growth. In general, exports faced a sharp reduction. The most prominent rate of growth was recorded in 2020 with an increase of 137% against the previous year. As a result, the exports reached the peak of 188 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, sulphites; other than of sodium exports reduced dramatically to $62K in 2022. Over the period under review, exports saw a significant decline. The pace of growth was the most pronounced in 2020 when exports increased by 13% against the previous year. As a result, the exports attained the peak of $143K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Sulphites; Other than of Sodium in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lesotho | 0.4 | 31.7 | 30.2 | 20.7 | 272.7% |
| Mauritius | 0.3 | 5.1 | 10.6 | 12.3 | 244.8% |
| Namibia | 37.6 | 3.8 | 10.7 | 8.5 | -39.1% |
| Tanzania | 48.6 | 1.8 | 3.5 | 6.5 | -48.9% |
| Botswana | 3.7 | 4.2 | 9.9 | 4.9 | 9.8% |
| Zimbabwe | N/A | 9.6 | 2.2 | 3.8 | -37.1% |
| Mozambique | 0.8 | 2.3 | 5.5 | 1.4 | 20.5% |
| Swaziland | 27.5 | 35.9 | 2.4 | 1.0 | -66.9% |
| Democratic Republic of the Congo | N/A | 34.2 | N/A | 0.7 | -85.7% |
| Zambia | 0.6 | 1.6 | 10.7 | N/A | 322.3% |
| Ethiopia | 4.5 | N/A | N/A | N/A | 0% |
| Others | 3.0 | 13.2 | 5.9 | 2.0 | -12.6% |
| Total | 127 | 143 | 91.7 | 61.9 | -21.3% |
Top Export Markets for Sulphites; Other than of Sodium from South Africa in 2022:
- Lesotho (14.2 tons)
- Namibia (4.7 tons)
- Botswana (3.1 tons)
- Mauritius (2.7 tons)
- Zimbabwe (2.5 tons)
- Mozambique (1.5 tons)
- Tanzania (1.1 tons)
- Swaziland (1.0 tons)
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