Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in South Africa - 2023
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in South Africa (CIF) - 2022
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in South Africa (FOB) - 2022
- Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in South Africa
- Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in South Africa
Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in South Africa (CIF) - 2022
The average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia stood at $573 per ton in 2022, picking up by 9.7% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2018 an increase of 22% against the previous year. The import price peaked at $1,260 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 the United States ($5,683 per ton), while the price for India ($376 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in South Africa (FOB) - 2022
In 2022, the average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $920 per ton, waning by -13.3% against the previous year. Overall, the export price continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2019 when the average export price increased by 133% against the previous year. Over the period under review, the average export prices hit record highs at $1,764 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Nigeria ($4,928 per ton), while the average price for exports to Lesotho ($385 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 Germany (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in South Africa
Imports of silicates; commercial alkali metal silicates, other than of sodium or potassia into South Africa skyrocketed to 17K tons in 2022, growing by 48% on the previous year's figure. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +21.2% 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 +78.1% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia surged to $9.9M in 2022. Over the period under review, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.3 | 3.8 | 3.4 | 7.8 | 33.2% |
| Netherlands | 0.5 | 0.7 | 0.7 | 0.7 | 11.9% |
| India | 0.2 | 0.3 | 0.2 | 0.3 | 14.5% |
| Bosnia and Herzegovina | N/A | N/A | 0.4 | 0.3 | -25.0% |
| Bolivia | N/A | N/A | N/A | 0.2 | 0% |
| Others | 0.9 | 0.7 | 1.3 | 0.6 | -12.6% |
| Total | 4.8 | 5.6 | 6.1 | 9.9 | 27.3% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium to South Africa in 2022:
- China (14.6K tons)
- India (0.8K tons)
- Bosnia and Herzegovina (0.7K tons)
- Netherlands (0.5K tons)
- Bolivia (0.4K tons)
Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in South Africa
In 2022, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia from South Africa skyrocketed to 269 tons, growing by 85% on 2021. Over the period under review, exports enjoyed a measured expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia skyrocketed to $248K in 2022. Overall, exports enjoyed a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zambia | 69.4 | 7.1 | 14.2 | 96.3 | 11.5% |
| Zimbabwe | 11.8 | 41.8 | 49.6 | 41.0 | 51.5% |
| Namibia | 20.4 | 12.1 | 12.9 | 24.6 | 6.4% |
| Germany | N/A | N/A | 7.0 | 15.9 | 127.1% |
| Democratic Republic of the Congo | 4.3 | 3.6 | 1.4 | 13.0 | 44.6% |
| Lesotho | 0.3 | 29.8 | 0.5 | 7.1 | 187.1% |
| Kenya | 12.4 | 5.5 | 3.8 | 3.2 | -36.3% |
| Botswana | 6.8 | 3.0 | 0.4 | 1.3 | -42.4% |
| Thailand | 9.8 | N/A | N/A | N/A | 0% |
| Colombia | 18.8 | N/A | N/A | N/A | 0% |
| Indonesia | 10.9 | N/A | N/A | N/A | 0% |
| Taiwan (Chinese) | N/A | N/A | 52.2 | N/A | 0% |
| Ghana | 19.0 | 0.2 | N/A | N/A | -98.9% |
| Others | 12.3 | 6.9 | 12.1 | 45.0 | 54.1% |
| Total | 196 | 110 | 154 | 248 | 8.2% |
Top Export Markets for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium from South Africa in 2022:
- Zambia (104.7 tons)
- Zimbabwe (70.6 tons)
- Namibia (42.1 tons)
- Lesotho (18.4 tons)
- Democratic Republic of the Congo (17.6 tons)
- Germany (7.1 tons)
- Kenya (1.3 tons)
- Botswana (0.8 tons)
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