Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in South Africa - 2023

Contents:

  1. Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in South Africa (CIF) - 2023
  2. Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in South Africa (FOB) - 2022
  3. Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in South Africa
  4. Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in South Africa

Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in South Africa (CIF) - 2023

In December 2023, the average import price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s amounted to $1,980 per ton, dropping by -2.9% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2023 when the average import price increased by 78% m-o-m. The import price peaked at $2,614 per ton in June 2023; however, from July 2023 to December 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($2,798 per ton), while the price for China ($1,697 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by China (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in South Africa (FOB) - 2022

In 2022, the average export price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s amounted to $2,069 per ton, remaining relatively unchanged against the previous year. In general, the export price posted a tangible expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 54% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in the near future.

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 Kenya ($4,447 per ton), while the average price for exports to Lesotho ($1,046 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 Kenya (+22.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in South Africa

Imports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s into South Africa soared to 10K tons in 2022, rising by 51% on the year before. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +19.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.7% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s soared to $17M in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.84.14.610.027.7%
Thailand0.92.31.43.354.2%
Germany2.12.72.52.21.6%
France0.40.50.60.720.5%
Belgium0.10.30.40.571.0%
United States0.40.40.30.2-20.6%
Others0.60.40.60.4-12.6%
Total9.310.710.517.222.7%

Top Suppliers of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) to South Africa in 2022:

  1. China (7.6K tons)
  2. Thailand (1.3K tons)
  3. Germany (0.7K tons)
  4. France (0.3K tons)
  5. Belgium (0.2K tons)
  6. United States (0.1K tons)

Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in South Africa

In 2022, the amount of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s exported from South Africa skyrocketed to 506 tons, with an increase of 70% on 2021. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 106% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s skyrocketed to $1M in 2022. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 128% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

Export of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Zambia27.0104121297122.4%
United StatesN/AN/A39.7240504.5%
Zimbabwe70.655.099.718337.4%
Kenya21.721514211775.4%
Malawi4.022.8147108200.0%
Swaziland40.943.81.039.4-1.2%
Namibia11.641.79.111.5-0.3%
Nigeria66.615815.5N/A-51.8%
Others57.343.136.851.7-3.4%
Total3006846121,04751.7%

Top Export Markets for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) from South Africa in 2022:

  1. Zambia (180.6 tons)
  2. United States (105.9 tons)
  3. Zimbabwe (66.8 tons)
  4. Malawi (58.2 tons)
  5. Swaziland (34.1 tons)
  6. Kenya (26.2 tons)
  7. Namibia (9.1 tons)

Source: IndexBox Market Intelligence Platform

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