Price for Asbestos, Crocidolite (Blue Asbestos) in South Africa - 2022

Contents:

  1. Price for Asbestos, Crocidolite (Blue Asbestos) in South Africa (CIF) - 2022
  2. Price for Asbestos, Crocidolite (Blue Asbestos) in South Africa (FOB) - 2022
  3. Imports of Asbestos, Crocidolite (Blue Asbestos) in South Africa
  4. Exports of Asbestos, Crocidolite (Blue Asbestos) in South Africa

Price for Asbestos, Crocidolite (Blue Asbestos) in South Africa (CIF) - 2022

The average asbestos, crocidolite (blue asbestos) import price stood at $231 per ton in 2021, jumping by 19% against the previous year. Over the period under review, the import price enjoyed a significant expansion. The pace of growth was the most pronounced in 2015 an increase of 3,291% against the previous year. As a result, import price reached the peak level of $390 per ton. From 2016 to 2021, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Namibia.

From 2013 to 2021, the rate of growth in terms of prices for Lesotho amounted to +447.7% per year.

Price for Asbestos, Crocidolite (Blue Asbestos) in South Africa (FOB) - 2022

The average asbestos, crocidolite (blue asbestos) export price stood at $1,557 per ton in 2022, which is down by -42.3% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 65% against the previous year. Over the period under review, the average export prices hit record highs at $3,334 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Botswana.

From 2012 to 2022, the rate of growth in terms of prices for Zimbabwe amounted to +30.3% per year.

Imports of Asbestos, Crocidolite (Blue Asbestos) in South Africa

In 2021, approx. 39 kg of asbestos, crocidolite (blue asbestos)s were imported into South Africa; increasing by 26% against the previous year. The total import volume increased at an average annual rate of +25.8% from 2020 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, asbestos, crocidolite (blue asbestos) imports skyrocketed to $9 in 2021. Overall, total imports indicated significant growth from 2020 to 2021: its value increased at an average annual rate of +50.0% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Asbestos, Crocidolite (Blue Asbestos) in South Africa (USD)
COUNTRY20202021CAGR,
2020-2021
Namibia6.06.00.0%
OthersN/A3.00%
Total6.09.050.0%

Top Suppliers of Asbestos, Crocidolite (Blue Asbestos) to South Africa in 2022:

  1. Namibia (33.0 kg)

Exports of Asbestos, Crocidolite (Blue Asbestos) in South Africa

After three years of growth, overseas shipments of asbestos, crocidolite (blue asbestos)s decreased by -98.6% to 210 kg in 2022. In general, exports showed a sharp setback. The growth pace was the most rapid in 2021 with an increase of 11% against the previous year. As a result, the exports reached the peak of 15 tons, and then shrank sharply in the following year.

In value terms, asbestos, crocidolite (blue asbestos) exports dropped dramatically to $327 in 2022. Overall, exports showed a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of less than 0.1%. As a result, the exports reached the peak of $41K, and then dropped markedly in the following year.

Export of Asbestos, Crocidolite (Blue Asbestos) in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Botswana0.91.85.90.3-30.7%
Namibia32.931.126.7N/A-9.9%
Zimbabwe3.34.04.4N/A15.5%
Others3.94.14.0N/A1.3%
Total41.041.041.00.3-80.6%

Top Export Markets for Asbestos, Crocidolite (Blue Asbestos) from South Africa in 2022:

  1. Botswana (210.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Asbestos; crocidolite (blue asbestos) - South Africa