SADC: Borates And Perborates Market 2024

Borates And Perborates Market Size in SADC

The SADC borates and perborates market surged to $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Borates And Perborates Production in SADC

In value terms, borates and perborates production fell slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Borates And Perborates Exports

Exports in SADC

In 2022, the amount of borates, peroxoborates (perborates) exported in SADC shrank sharply to X tons, with a decrease of X% on 2021. Overall, exports showed a pronounced decline. The pace of growth appeared the most rapid in 2020 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, borates and perborates exports reduced markedly to $X in 2022. In general, exports saw a slight descent. The most prominent rate of growth was recorded in 2020 when exports increased by X%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

South Africa dominates exports structure, recording X tons, which was near X% of total exports in 2022. Tanzania (X tons) followed a long way behind the leaders.

South Africa was also the fastest-growing in terms of the borates, peroxoborates (perborates) exports, with a CAGR of X% from 2012 to 2022. Tanzania (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Africa increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest borates and perborates supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Tanzania ($X), with a X% share of total exports.

In South Africa, borates and perborates exports remained relatively stable over the period from 2012-2022.

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, shrinking by X% against the previous year. Export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the export price increased by X%. The level of export peaked at $X per ton in 2021, and then declined remarkably in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($X per ton), while South Africa stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Borates And Perborates Imports

Imports in SADC

In 2022, approx. X tons of borates, peroxoborates (perborates) were imported in SADC; with an increase of X% compared with the previous year. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by X%. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, borates and perborates imports surged to $X in 2022. Total imports indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, South Africa (X tons) was the main importer of borates, peroxoborates (perborates), generating X% of total imports. It was distantly followed by Tanzania (X tons), committing a X% share of total imports. The following importers - Zimbabwe (X tons) and Democratic Republic of the Congo (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to borates and perborates imports into South Africa stood at X%. At the same time, Tanzania (X%), Democratic Republic of the Congo (X%) and Zimbabwe (X%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. While the share of Tanzania (X p.p.) and Zimbabwe (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported borates, peroxoborates (perborates) in SADC, comprising X% of total imports. The second position in the ranking was taken by Tanzania ($X), with a X% share of total imports. It was followed by Zimbabwe, with a X% share.

In South Africa, borates and perborates imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Tanzania (X% per year) and Zimbabwe (X% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, picking up by X% against the previous year. Import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, borates and perborates import price increased by X% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Democratic Republic of the Congo ($X per ton) and Zimbabwe ($X per ton), while South Africa ($X per ton) and Tanzania ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Democratic Republic of the Congo (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform