South Africa - Sulphur - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSulphur Price in South Africa - 2023
Contents:
- Sulphur Price in South Africa (CIF) - 2022
- Sulphur Price in South Africa (FOB) - 2023
- Sulphur Imports in South Africa
- Sulphur Exports in South Africa
Sulphur Price in South Africa (CIF) - 2022
The average sulphur import price stood at $355 per ton in 2022, increasing by 285% against the previous year. In general, the import price showed buoyant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bahrain ($501 per ton), while the price for Russia ($80 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+225.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphur Price in South Africa (FOB) - 2023
In July 2023, the average sulphur export price amounted to $181 per ton, waning by -19% against the previous month. Overall, the export price saw a abrupt shrinkage. The growth pace was the most rapid in January 2023 an increase of 6.1% against the previous month. Over the period under review, the average export prices hit record highs at $599 per ton in July 2022; however, from August 2022 to July 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In July 2023, the country with the highest price was Democratic Republic of the Congo ($185 per ton), while the average price for exports to Zambia amounted to $180 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Zambia (-9.4%).
Sulphur Imports in South Africa
In 2022, imports of sulphur into South Africa fell to 460K tons, waning by -7.6% compared with 2021 figures. Over the period under review, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year.
In value terms, sulphur imports skyrocketed to $164M in 2022. Overall, imports, however, posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Sulphur in South Africa (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Qatar | 16.7 | 4.7 | 13.3 | 80.8 | 69.1% |
Oman | N/A | N/A | 7.5 | 22.5 | 200.0% |
United Arab Emirates | 14.5 | 14.9 | 6.3 | 18.4 | 8.3% |
Saudi Arabia | 7.0 | 7.4 | 14.8 | 14.3 | 26.9% |
Kazakhstan | 14.0 | 3.0 | 3.1 | 12.8 | -2.9% |
Bahrain | N/A | N/A | N/A | 6.4 | 0% |
Russia | 5.2 | N/A | N/A | 2.6 | -20.6% |
Others | 1.7 | 2.9 | 0.9 | 5.8 | 50.5% |
Total | 59.1 | 32.9 | 46.0 | 164 | 40.5% |
Top Suppliers of Sulphur to South Africa in 2022:
- Qatar (186.7K tons)
- Oman (63.4K tons)
- Saudi Arabia (62.0K tons)
- United Arab Emirates (54.3K tons)
- Kazakhstan (36.1K tons)
- Russia (31.7K tons)
- Bahrain (12.8K tons)
Sulphur Exports in South Africa
In 2022, sulphur exports from South Africa declined significantly to 199K tons, which is down by -33.3% compared with the previous year's figure. In general, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year.
In value terms, sulphur exports surged to $86M in 2022. Over the period under review, exports, however, continue to indicate a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Sulphur in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Zambia | 45.5 | 21.5 | 31.6 | 48.4 | 2.1% |
Democratic Republic of the Congo | 13.3 | 10.4 | 13.4 | 37.4 | 41.1% |
Others | 0.2 | 0.5 | 0.6 | 0.5 | 35.7% |
Total | 59.0 | 32.3 | 45.6 | 86.2 | 13.5% |
Top Export Markets for Sulphur from South Africa in 2022:
- Zambia (120.1K tons)
- Democratic Republic of the Congo (78.2K tons)
This report provides an in-depth analysis of the sulphur market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Explore the top import markets for sulphur and learn about key statistics and insights from the IndexBox market intelligence platform.
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