Price for Iodides and Iodide Oxides in South Africa - 2023
Contents:
- Price for Iodides and Iodide Oxides in South Africa (CIF) - 2022
- Price for Iodides and Iodide Oxides in South Africa (FOB) - 2022
- Imports of Iodides and Iodide Oxides in South Africa
- Exports of Iodides and Iodide Oxides in South Africa
Price for Iodides and Iodide Oxides in South Africa (CIF) - 2022
The average iodides and iodide oxides import price stood at $32,497 per ton in 2022, increasing by 37% against the previous year. In general, the import price, however, showed a pronounced decline. Over the period under review, average import prices attained the maximum at $44,802 per ton in 2012; however, from 2013 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 Belgium ($95,500 per ton), while the price for France ($15,164 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+6.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Iodides and Iodide Oxides in South Africa (FOB) - 2022
The average iodides and iodide oxides export price stood at $11,509 per ton in 2022, with a decrease of -26.5% against the previous year. In general, the export price showed a abrupt shrinkage. The pace of growth was the most pronounced in 2016 an increase of 68%. The export price peaked at $39,771 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Botswana ($31,432 per ton), while the average price for exports to Zimbabwe ($9,289 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 Botswana (+13.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Iodides and Iodide Oxides in South Africa
In 2022, approx. 63 tons of iodides and iodide oxideses were imported into South Africa; rising by 87% against the previous year. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, iodides and iodide oxides imports surged to $2M in 2022. Over the period under review, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Iodides and Iodide Oxides in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 232 | 330 | 298 | 671 | 42.5% |
| India | 302 | 544 | 240 | 461 | 15.1% |
| United Kingdom | 42.7 | 0.1 | 1.6 | 382 | 107.6% |
| France | 89.7 | 137 | 154 | 373 | 60.8% |
| Vietnam | N/A | N/A | N/A | 90.9 | 0% |
| United States | 0.8 | 11.6 | 80.8 | 32.2 | 242.7% |
| Others | 32.2 | 46.6 | 21.6 | 27.7 | -4.9% |
| Total | 700 | 1,069 | 796 | 2,038 | 42.8% |
Top Suppliers of Iodides and Iodide Oxides to South Africa in 2022:
- France (24.6 tons)
- Brazil (16.5 tons)
- United Kingdom (9.5 tons)
- India (8.5 tons)
- Vietnam (1.5 tons)
- United States (1.4 tons)
Exports of Iodides and Iodide Oxides in South Africa
In 2022, iodides and iodide oxides exports from South Africa soared to 30 tons, surging by 40% compared with the previous year's figure. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +12.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +98.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, iodides and iodide oxides exports amounted to $347K in 2022. Over the period under review, exports, however, recorded a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 24%.
| Export of Iodides and Iodide Oxides in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 201 | 156 | 219 | 139 | -11.6% |
| Zimbabwe | 18.3 | 18.9 | 17.0 | 118 | 86.1% |
| Zambia | 34.9 | 44.9 | 77.5 | 29.7 | -5.2% |
| Botswana | 131 | 0.6 | 2.2 | 25.5 | -42.0% |
| Namibia | 10.3 | 30.9 | 5.9 | 21.6 | 28.0% |
| Others | 17.5 | 20.3 | 15.6 | 13.3 | -8.7% |
| Total | 412 | 272 | 337 | 347 | -5.6% |
Top Export Markets for Iodides and Iodide Oxides from South Africa in 2022:
- Democratic Republic of the Congo (13.2 tons)
- Zimbabwe (12.7 tons)
- Zambia (2.1 tons)
- Namibia (0.8 tons)
- Botswana (0.8 tons)
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