Alkali Metals; Sodium Price in South Africa - 2023
Contents:
- Alkali Metals; Sodium Price in South Africa (CIF) - 2022
- Alkali Metals; Sodium Price in South Africa (FOB) - 2022
- Alkali Metals; Sodium Imports in South Africa
- Alkali Metals; Sodium Exports in South Africa
Alkali Metals; Sodium Price in South Africa (CIF) - 2022
In 2022, the average alkali metals; sodium import price amounted to $8,239 per ton, with an increase of 5% against the previous year. In general, the import price posted resilient growth. The pace of growth was the most pronounced in 2015 an increase of 184%. The import price peaked at $9,046 per ton in 2017; however, from 2018 to 2022, 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 France ($9,653 per ton), while the price for Germany ($5,990 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+19.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Alkali Metals; Sodium Price in South Africa (FOB) - 2022
The average alkali metals; sodium export price stood at $1,439 per ton in 2022, reducing by -31.1% against the previous year. Over the period under review, the export price recorded a slight contraction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 82% against the previous year. Over the period under review, the average export prices hit record highs at $2,777 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($9,570 per ton), while the average price for exports to Zimbabwe ($898 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 (+21.5%), while the prices for the other major destinations experienced more modest paces of growth.
Alkali Metals; Sodium Imports in South Africa
Alkali metals; sodium imports into South Africa surged to 19 tons in 2022, jumping by 89% against the previous year's figure. In general, imports showed a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, alkali metals; sodium imports soared to $155K in 2022. Over the period under review, imports recorded strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Alkali Metals; Sodium in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 106 | 65.4 | 71.7 | 141 | 10.0% |
| France | N/A | 0.5 | 0.3 | 10.3 | 353.9% |
| Hungary | 2.1 | 2.8 | 1.3 | 2.0 | -1.6% |
| Others | 1.2 | 3.7 | 4.8 | 1.0 | -5.9% |
| Total | 109 | 72.3 | 78.1 | 155 | 12.5% |
Top Suppliers of Alkali Metals; Sodium to South Africa in 2022:
- United Kingdom (17.2 tons)
- France (1.1 tons)
- Hungary (0.3 tons)
Alkali Metals; Sodium Exports in South Africa
In 2022, approx. 72 tons of alkali metals; sodia were exported from South Africa; growing by 457% against the previous year. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, alkali metals; sodium exports skyrocketed to $104K in 2022. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Alkali Metals; Sodium in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Botswana | N/A | 12.8 | 9.2 | 32.1 | 58.4% |
| Zimbabwe | 5.8 | 0.1 | N/A | 29.6 | 72.2% |
| Namibia | 3.3 | 4.9 | 0.1 | 24.8 | 95.9% |
| Swaziland | N/A | 0.5 | 1.2 | 9.5 | 335.9% |
| Malawi | 3.7 | N/A | 15.9 | 4.2 | 4.3% |
| Others | 1.3 | 0.6 | 0.6 | 3.3 | 36.4% |
| Total | 14.1 | 18.8 | 27.0 | 104 | 94.7% |
Top Export Markets for Alkali Metals; Sodium from South Africa in 2022:
- Zimbabwe (33.0 tons)
- Botswana (24.9 tons)
- Namibia (8.4 tons)
- Swaziland (4.1 tons)
- Malawi (1.3 tons)
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