Sulphides; of Sodium Price in South Africa - 2023

Contents:

  1. Sulphides; of Sodium Price in South Africa (CIF) - 2022
  2. Sulphides; of Sodium Price in South Africa (FOB) - 2022
  3. Sulphides; of Sodium Imports in South Africa
  4. Sulphides; of Sodium Exports in South Africa

Sulphides; of Sodium Price in South Africa (CIF) - 2022

The average sulphides; of sodium import price stood at $488 per ton in 2022, picking up by 6.5% against the previous year. Overall, the import price, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2018 an increase of 20%. Over the period under review, average import prices hit record highs at $600 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 ($1,000 per ton), while the price for Papua New Guinea ($306 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Sulphides; of Sodium Price in South Africa (FOB) - 2022

In 2022, the average sulphides; of sodium export price amounted to $816 per ton, falling by -18.4% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 31%. The export price peaked at $1,000 per ton in 2021, and then dropped notably 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 Zimbabwe ($1,600 per ton), while the average price for exports to Democratic Republic of the Congo ($665 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 Zimbabwe (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphides; of Sodium Imports in South Africa

In 2022, approx. 4.1K tons of sulphides; of sodia were imported into South Africa; picking up by 13% against the previous year's figure. Over the period under review, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 97%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, sulphides; of sodium imports soared to $2M in 2022. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 88%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Sulphides; of Sodium in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9877551,3811,35211.1%
Germany0.543.9239555935.4%
Papua New GuineaN/AN/AN/A44.00%
Others56.676.428.831.6-17.7%
Total1,0448751,6491,98323.8%

Top Suppliers of Sulphides; of Sodium to South Africa in 2022:

  1. China (3.2K tons)
  2. Germany (0.6K tons)
  3. Papua New Guinea (0.1K tons)

Sulphides; of Sodium Exports in South Africa

In 2022, exports of sulphides; of sodia from South Africa skyrocketed to 1.4K tons, jumping by 564% against the previous year. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, sulphides; of sodium exports skyrocketed to $1.1M in 2022. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Sulphides; of Sodium in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mozambique0.3N/AN/A7791274.5%
Democratic Republic of the Congo19.347215.813390.3%
Zimbabwe22.522.752.552.632.7%
Botswana28.324.119.952.422.8%
Namibia50.816.593.236.8-10.2%
Zambia11.923.119.00.3-70.7%
Others4.116.46.868.7155.9%
Total1375752071,123101.6%

Top Export Markets for Sulphides; of Sodium from South Africa in 2022:

  1. Mozambique (1030.2 tons)
  2. Democratic Republic of the Congo (200.7 tons)
  3. Botswana (38.0 tons)
  4. Namibia (37.7 tons)
  5. Zimbabwe (32.9 tons)
  6. Zambia (0.3 tons)

Source: IndexBox Market Intelligence Platform

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