Phosphorus Price in South Africa - 2023
Contents:
- Phosphorus Price in South Africa (CIF) - 2022
- Phosphorus Price in South Africa (FOB) - 2022
- Phosphorus Imports in South Africa
- Phosphorus Exports in South Africa
Phosphorus Price in South Africa (CIF) - 2022
The average phosphorus import price stood at $7,730 per ton in 2022, picking up by 47% against the previous year. Overall, the import price continues to indicate buoyant growth. The pace of growth was the most pronounced in 2021 when the average import price increased by 68% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($8,249 per ton) and Vietnam ($7,868 per ton), while the price for India ($6,001 per ton) and China ($6,967 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+45.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Phosphorus Price in South Africa (FOB) - 2022
The average phosphorus export price stood at $91,955 per ton in 2022, surging by 3,787% against the previous year. Overall, the export price continues to indicate significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Swaziland.
From 2012 to 2022, the rate of growth in terms of prices for Lesotho amounted to +176.5% per year.
Phosphorus Imports in South Africa
In 2022, purchases abroad of phosphori was finally on the rise to reach 1.4K tons after two years of decline. Over the period under review, imports, however, recorded a abrupt decrease.
In value terms, phosphorus imports skyrocketed to $11M in 2022. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Phosphorus in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 4.2 | 2.7 | 3.6 | 9.4 | 30.8% |
| China | 0.5 | 0.5 | 0.4 | 0.9 | 21.6% |
| Japan | 0.5 | 0.5 | 1.7 | 0.5 | 0.0% |
| India | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
| Netherlands | 0.2 | 0.2 | 0.3 | N/A | 22.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.5 | 4.0 | 6.0 | 11.1 | 26.4% |
Top Suppliers of Phosphorus to South Africa in 2022:
- Vietnam (1190.4 tons)
- China (129.6 tons)
- Japan (57.6 tons)
- India (55.2 tons)
Phosphorus Exports in South Africa
In 2022, phosphorus exports from South Africa reduced notably to 5 kg, with a decrease of -97.4% compared with 2021. In general, exports saw a sharp curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 3,133%.
In value terms, phosphorus exports totaled $460 in 2022. Overall, exports faced a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 88%.
| Export of Phosphorus in South Africa (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Swaziland | 598 | 95.0 | 32.0 | 460 | -8.4% |
| Botswana | 374 | 4.0 | 193 | N/A | -28.2% |
| Democratic Republic of the Congo | 330 | 36.0 | 24.0 | N/A | -73.0% |
| Others | 598 | 109 | 210 | N/A | -40.7% |
| Total | 1,900 | 244 | 459 | 460 | -37.7% |
Top Export Markets for Phosphorus from South Africa in 2022:
- Swaziland (5.0 kg)
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