Sulphites; Thiosulphates Price in South Africa - 2023

Sulphites; Thiosulphates Price in South Africa (CIF) - 2022

The average sulphites; thiosulphates import price stood at $357 per ton in 2022, increasing by 4.1% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 11%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($918 per ton), while the price for India ($296 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphites; Thiosulphates Price in South Africa (FOB) - 2022

The average sulphites; thiosulphates export price stood at $741 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphites; thiosulphates export price increased by +47.7% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of 58%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lesotho ($2,193 per ton), while the average price for exports to Zambia ($331 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 Lesotho (+7.6%), while the prices for the other major destinations experienced a decline.

Sulphites; Thiosulphates Imports in South Africa

In 2022, the amount of sulphites; thiosulphateses imported into South Africa expanded sharply to 66K tons, surging by 11% compared with the year before. The total import volume increased at an average annual rate of +7.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 12%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, sulphites; thiosulphates imports soared to $23M in 2022. The total import value increased at an average annual rate of +12.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 20% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Sulphites; Thiosulphates in South Africa (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
India	10.5	10.5	12.9	11.0	1.6%
China	4.1	3.7	4.2	8.7	28.5%
Italy	0.5	0.7	1.2	1.7	50.4%
Germany	0.7	0.8	0.7	0.7	0.0%
Thailand	0.5	0.7	0.7	0.5	0.0%
Others	0.4	0.4	0.4	0.9	31.0%
Total	16.6	16.8	20.2	23.5	12.3%

Top Suppliers of Sulphites; Thiosulphates to South Africa in 2022:

India (37.1K tons)
China (23.9K tons)
Italy (1.8K tons)
Germany (0.8K tons)
Thailand (0.8K tons)

Sulphites; Thiosulphates Exports in South Africa

In 2022, the amount of sulphites; thiosulphateses exported from South Africa shrank remarkably to 1.3K tons, with a decrease of -59.3% against the year before. In general, exports saw a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 51% against the previous year.

In value terms, sulphites; thiosulphates exports fell sharply to $945K in 2022. Overall, exports recorded a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 138% against the previous year. As a result, the exports reached the peak of $2.3M, and then fell markedly in the following year.

Export of Sulphites; Thiosulphates in South Africa (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Namibia	107	95.4	798	217	26.6%
Democratic Republic of the Congo	1,382	546	841	213	-46.4%
Zambia	69.8	36.1	234	152	29.6%
Swaziland	48.3	60.4	18.9	101	27.9%
Zimbabwe	39.7	72.6	155	98.1	35.2%
Lesotho	6.3	35.8	38.5	66.5	119.4%
Angola	7.8	10.3	55.9	15.8	26.5%
Others	116	110	157	81.1	-11.2%
Total	1,777	967	2,298	945	-19.0%