Price for Metals; Gold, Non-Monetary, Powder in South Africa - 2023
Contents:
- Price for Metals; Gold, Non-Monetary, Powder in South Africa (CIF) - 2022
- Price for Metals; Gold, Non-Monetary, Powder in South Africa (FOB) - 2022
- Imports of Metals; Gold, Non-Monetary, Powder in South Africa
- Exports of Metals; Gold, Non-Monetary, Powder in South Africa
Price for Metals; Gold, Non-Monetary, Powder in South Africa (CIF) - 2022
The average metals; gold, non-monetary, powder import price stood at $1,451,923 per ton in 2022, which is down by -22.8% against the previous year. Over the period under review, the import price, however, posted significant growth. The growth pace was the most rapid in 2021 when the average import price increased by 1,139% against the previous year. As a result, import price attained the peak level of $1,880 per kg, and then fell notably in the following year.
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 Israel ($8,269,210 per ton), while the price for the United States ($180,254 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+23.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Metals; Gold, Non-Monetary, Powder in South Africa (FOB) - 2022
In 2022, the average metals; gold, non-monetary, powder export price amounted to $13,290,102 per ton, declining by -10.1% against the previous year. Overall, the export price, however, saw a strong increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 2,967,585%. As a result, the export price reached the peak level of $14,790 per kg, and then shrank in the following year.
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 Namibia ($14,796,233 per ton), while the average price for exports to Botswana totaled $304,646 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Botswana (+242,228.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Metals; Gold, Non-Monetary, Powder in South Africa
In 2022, approx. 34 kg of metals; gold, non-monetary, powder were imported into South Africa; picking up by 17% compared with 2021 figures. In general, imports showed a measured increase. The pace of growth was the most pronounced in 2021 with an increase of 123% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, metals; gold, non-monetary, powder imports shrank to $49K in 2022. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 2,586% against the previous year. As a result, imports reached the peak of $54K, and then dropped in the following year.
| Import of Metals; Gold, Non-Monetary, Powder in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 17.8 | N/A | 10.6 | 24.9 | 11.8% |
| Vietnam | N/A | N/A | 9.2 | 18.8 | 104.3% |
| United States | 1.2 | 1.5 | 3.9 | 4.7 | 57.6% |
| Germany | 0.5 | N/A | N/A | N/A | 0% |
| Canada | 1.6 | N/A | N/A | N/A | 0% |
| Others | 0.2 | 0.5 | 30.7 | 0.9 | 65.1% |
| Total | 21.3 | 2.0 | 54.4 | 49.3 | 32.3% |
Top Suppliers of Metals; Gold, Non-Monetary, Powder to South Africa in 2022:
- United States (26.0 kg)
- Vietnam (4.0 kg)
- Israel (3.0 kg)
Exports of Metals; Gold, Non-Monetary, Powder in South Africa
In 2022, metals; gold, non-monetary, powder exports from South Africa was estimated at 11 kg, remaining stable against the year before. Overall, exports continue to indicate significant growth. The smallest decline of 99.9% was in 2021. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, metals; gold, non-monetary, powder exports surged to $147K in 2022. In general, exports showed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 83,650%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Metals; Gold, Non-Monetary, Powder in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Namibia | N/A | 1.7 | 146 | 8488.2% | |
| Botswana | N/A | N/A | 0.3 | 0% | |
| United Arab Emirates | N/A | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | N/A | 1.7 | 147 | 8547.1% | |
Top Export Markets for Metals; Gold, Non-Monetary, Powder from South Africa in 2022:
- Namibia (10.0 kg)
- Botswana (1.0 kg)
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