Price for Asbestos, Other than Crocidolite in South Africa - 2022

Contents:

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

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

The average asbestos, other than crocidolite export price stood at $7,520 per ton in 2022, rising by 923% against the previous year. In general, the export price showed significant growth. As a result, the export price attained 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 Malawi.

From 2012 to 2022, the rate of growth in terms of prices for Malawi amounted to +24.2% per year.

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

The average asbestos, other than crocidolite import price stood at $568 per ton in 2022, increasing by 20% against the previous year. In general, the import price, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2020 an increase of 45% against the previous year. Over the period under review, average import prices reached the maximum at $714 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Botswana amounted to +1.3% per year.

Exports of Asbestos, Other than Crocidolite in South Africa

In 2022, the amount of asbestos, other than crocidolites exported from South Africa fell rapidly to 25 kg, declining by 99.9% on the year before. Overall, exports recorded a precipitous shrinkage. The smallest decline of -27.6% was in 2021.

In value terms, asbestos, other than crocidolite exports shrank notably to $188 in 2022. In general, exports continue to indicate a precipitous setback. The smallest decline of -22.6% was in 2021.

Export of Asbestos, Other than Crocidolite in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
MalawiN/AN/AN/AN/A0%
India4.43.12.4N/A-26.1%
Zimbabwe0.2N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total4.73.12.4N/A-28.5%

Top Export Markets for Asbestos, Other than Crocidolite from South Africa in 2022:

  1. Malawi (25.0 kg)

Imports of Asbestos, Other than Crocidolite in South Africa

For the third year in a row, South Africa recorded decline in purchases abroad of asbestos, other than crocidolites, which decreased by 99.9% to 74 kg in 2022. In general, imports saw a sharp decrease. The smallest decline of -20.5% was in 2021.

In value terms, asbestos, other than crocidolite imports fell dramatically to $42 in 2022. Over the period under review, imports saw a precipitous descent. The smallest decline of -26.7% was in 2020.

Import of Asbestos, Other than Crocidolite in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Botswana0.30.60.1N/A-42.3%
China150368135N/A-5.1%
Germany40.697.935.2N/A-6.9%
Brazil700184181N/A-49.2%
Others0.41.8N/AN/A350.0%
Total891653351N/A-37.2%

Top Suppliers of Asbestos, Other than Crocidolite to South Africa in 2022:

  1. Botswana (74.0 kg)

Source: IndexBox Market Intelligence Platform

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