![Report South Africa - Iron Ores - Market Analysis, Forecast, Size, Trends and Insights for 499$](/landing/img/reports/south-africa-iron-ores-market-analysis-forecast-size-trends-and-insights.webp)
South Africa - Iron Ores - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingSouth Africa: Iron Ore Market 2021
Iron Ore Market Size in South Africa
In 2019, the South African iron ore market increased by X% to $X, rising for the third year in a row after two years of decline. In general, consumption showed a noticeable increase. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2019, consumption failed to regain the momentum.
Iron Ore Production in South Africa
In value terms, iron ore production soared to $X in 2019 estimated in export prices. Overall, production enjoyed buoyant growth. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, production reached the peak level at $X in 2011; however, from 2012 to 2019, production failed to regain the momentum.
Iron Ore Exports
Exports from South Africa
Iron ore exports from South Africa rose notably to X tons in 2019, increasing by X% compared with the previous year. Over the period under review, total exports indicated a resilient increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2013 indices. The pace of growth appeared the most rapid in 2009 when exports increased by X% against the previous year. Exports peaked in 2019 and are expected to retain growth in years to come.
In value terms, iron ore exports soared to $X in 2019. Overall, exports showed a strong expansion. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Exports peaked at $X in 2011; however, from 2012 to 2019, exports failed to regain the momentum.
Exports by Country
China (X tons) was the main destination for iron ore exports from South Africa, with a X% share of total exports. Moreover, iron ore exports to China exceeded the volume sent to the second major destination, the Netherlands (X tons), eightfold. Mozambique (X tons) ranked third in terms of total exports with a X% share.
From 2007 to 2019, the average annual growth rate of volume to China amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and Mozambique (+X% per year).
In value terms, China ($X) remains the key foreign market for iron ore exports from South Africa, comprising X% of total exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.
From 2007 to 2019, the average annual growth rate of value to China stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and South Korea (+X% per year).
Export Prices by Country
The average iron ore export price stood at $X per ton in 2019, increasing by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 an increase of X% y-o-y. The export price peaked at $X per ton in 2011; however, from 2012 to 2019, export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2019, the countries with the highest prices were South Korea ($X per ton) and the Netherlands ($X per ton), while the average price for exports to the U.S. ($X per ton) and Mozambique ($X per ton) were amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced more modest paces of growth.
Iron Ore Imports
Imports into South Africa
In 2019, approx. X tons of iron ores were imported into South Africa; reducing by -X% compared with 2018. Overall, imports continue to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. Imports peaked at X tons in 2012; however, from 2013 to 2019, imports remained at a lower figure.
In value terms, iron ore imports declined sharply to $X in 2019. In general, imports recorded a pronounced contraction. The pace of growth appeared the most rapid in 2012 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2013 to 2019, the growth imports remained at a lower figure.
Imports by Country
Brazil (X tons), Mexico (X tons) and India (X tons) were the main suppliers of iron ore imports to South Africa, with a combined X% share of total imports.
From 2007 to 2019, the biggest increases were in Mexico (+X% per year), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest iron ore suppliers to South Africa were Brazil ($X), Mexico ($X) and India ($X), with a combined X% share of total imports.
In terms of the main suppliers, Mexico (+X% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2019, the average iron ore import price amounted to $X per ton, dropping by -X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X% y-o-y. Over the period under review, average import prices reached the peak figure at $X per ton in 2011; however, from 2012 to 2019, import prices failed to regain the momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Canada ($X per ton), while the price for Australia ($X per ton) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Canada, while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the iron ore 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 2025.
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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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
-
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
-
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
-
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
-
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
Recommended reports
This report provides an in-depth analysis of the global iron ore market.
This report provides an in-depth analysis of the iron ore market in the EU.
This report provides an in-depth analysis of the iron ore market in Asia.
This report provides an in-depth analysis of the iron ore market in the U.S..
This report provides an in-depth analysis of the iron ore market in China.