South Africa - Iodine - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIodine Price in South Africa - 2023
Contents:
- Iodine Price in South Africa (CIF) - 2022
- Iodine Price in South Africa (FOB) - 2022
- Iodine Imports in South Africa
- Iodine Exports in South Africa
Iodine Price in South Africa (CIF) - 2022
The average iodine import price stood at $16,027 per ton in 2022, falling by -13.6% against the previous year. Overall, the import price continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2019 an increase of 50%. As a result, import price reached the peak level of $38,524 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
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 the United States ($122,083 per ton), while the price for Germany ($3,111 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+2.1%), while the prices for the other major suppliers experienced a decline.
Iodine Price in South Africa (FOB) - 2022
The average iodine export price stood at $10,496 per ton in 2022, shrinking by -7.9% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 879% against the previous year. As a result, the export price attained the peak level of $46,000 per ton. From 2018 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 Namibia ($12,040 per ton), while the average price for exports to Angola ($1,895 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 Sudan (+33.0%), while the prices for the other major destinations experienced more modest paces of growth.
Iodine Imports in South Africa
In 2022, after two years of decline, there was growth in purchases abroad of iodine, when their volume increased by 0.9% to 14 tons. Overall, imports, however, showed a abrupt setback.
In value terms, iodine imports dropped to $218K in 2022. Over the period under review, imports, however, saw a sharp contraction.
Import of Iodine in South Africa (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Chile | 320 | 380 | 201 | 202 | -14.2% |
Brazil | N/A | N/A | 9.0 | 9.4 | 4.4% |
United States | 254 | 1.6 | 2.1 | 4.4 | -74.1% |
Germany | 2.3 | 3.1 | 0.6 | 1.6 | -11.4% |
Belgium | 146 | 0.1 | N/A | N/A | -99.9% |
Uganda | N/A | N/A | 12.1 | N/A | 0% |
Netherlands | N/A | N/A | 25.1 | N/A | 0% |
Others | 2.7 | 1.2 | 0.8 | 1.5 | -17.8% |
Total | 724 | 386 | 250 | 218 | -33.0% |
Top Suppliers of Iodine to South Africa in 2022:
- United States (undefined tons)
- Chile (6.0 tons)
- Germany (0.5 tons)
- Brazil (0.3 tons)
Iodine Exports in South Africa
In 2022, overseas shipments of iodine decreased by -16.9% to 7.2 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 15% against the previous year. As a result, the exports reached the peak of 8.7 tons, and then dropped markedly in the following year.
In value terms, iodine exports reduced notably to $76K in 2022. In general, total exports indicated slight growth from 2019 to 2022: its value increased at an average annual rate of +1.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -32.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 55%. As a result, the exports reached the peak of $111K. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Iodine in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Zimbabwe | 36.4 | 66.2 | 54.7 | 22.2 | -15.2% |
Lesotho | 1.8 | 4.9 | 0.1 | 20.3 | 124.3% |
Zambia | 16.5 | 9.3 | 19.0 | 12.6 | -8.6% |
Mozambique | 10.5 | 2.5 | 4.5 | 6.7 | -13.9% |
Namibia | 1.9 | 9.0 | 2.0 | 6.3 | 49.1% |
Angola | N/A | N/A | N/A | 1.1 | 0% |
Botswana | 1.3 | 1.2 | 0.7 | 1.1 | -5.4% |
New Zealand | N/A | 15.9 | N/A | N/A | 0% |
Others | 3.5 | 2.5 | 17.9 | 5.3 | 14.8% |
Total | 71.8 | 111 | 98.8 | 75.6 | 1.7% |
Top Export Markets for Iodine from South Africa in 2022:
- Lesotho (2.5 tons)
- Zimbabwe (2.4 tons)
- Zambia (1.8 tons)
- Mozambique (0.9 tons)
- Angola (0.6 tons)
- Namibia (0.5 tons)
- Botswana (0.4 tons)
This report provides an in-depth analysis of the iodine market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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