Carbonates; Strontium Carbonate Price in South Africa - 2023
Contents:
- Carbonates; Strontium Carbonate Price in South Africa (FOB) - 2022
- Carbonates; Strontium Carbonate Price in South Africa (CIF) - 2022
- Carbonates; Strontium Carbonate Exports in South Africa
- Carbonates; Strontium Carbonate Imports in South Africa
Carbonates; Strontium Carbonate Price in South Africa (FOB) - 2022
The average carbonates; strontium carbonate export price stood at $914 per ton in 2022, waning by -54.6% against the previous year. Overall, the export price recorded a perceptible setback. The growth pace was the most rapid in 2017 an increase of 697% against the previous year. As a result, the export price attained the peak level of $28,648 per ton. From 2018 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for Namibia amounted to -5.3% per year.
Carbonates; Strontium Carbonate Price in South Africa (CIF) - 2022
The average carbonates; strontium carbonate import price stood at $51,812 per ton in 2022, growing by 3,484% against the previous year. Overall, the import price continues to indicate a significant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 India ($101,026 per ton), while the price for Namibia totaled $1,528 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+84.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Carbonates; Strontium Carbonate Exports in South Africa
For the fourth year in a row, South Africa recorded growth in shipments abroad of carbonates; strontium carbonates, which increased by 234% to 33 tons in 2022. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 18,088%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, carbonates; strontium carbonate exports skyrocketed to $31K in 2022. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 5,105% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Carbonates; Strontium Carbonate in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | N/A | 30.1 | 0% |
| Namibia | N/A | 1.0 | N/A | N/A | 0% |
| Zimbabwe | N/A | N/A | 20.1 | N/A | 0% |
| Others | N/A | N/A | N/A | 0.4 | 0% |
| Total | N/A | 1.0 | 20.1 | 30.5 | 452.3% |
Top Export Markets for Carbonates; Strontium Carbonate from South Africa in 2022:
- India (33.4 tons)
Carbonates; Strontium Carbonate Imports in South Africa
Carbonates; strontium carbonate imports into South Africa shrank markedly to 20 kg in 2022, with a decrease of -99.8% compared with the previous year's figure. In general, imports saw a dramatic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 24,055% against the previous year. As a result, imports attained the peak of 9.7 tons, and then fell dramatically in the following year.
In value terms, carbonates; strontium carbonate imports declined notably to $1K in 2022. Over the period under review, imports recorded a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 8,314%. As a result, imports attained the peak of $14K, and then declined markedly in the following year.
| Import of Carbonates; Strontium Carbonate in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | 1.0 | 1.0 | 0.0% |
| Germany | 5.8 | N/A | 12.9 | N/A | 49.1% |
| Namibia | N/A | N/A | N/A | N/A | 0% |
| Others | 1.0 | 0.2 | 0.1 | N/A | -68.4% |
| Total | 6.8 | 0.2 | 14.0 | 1.0 | -47.2% |
Top Suppliers of Carbonates; Strontium Carbonate to South Africa in 2022:
- Namibia (10.0 kg)
- India (10.0 kg)
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