SADC: Market for Refractory Products of Siliceous or Diatomite Earths 2024

Market Size for Refractory Products of Siliceous or Diatomite Earths in SADC

In 2021, the SADC market for refractory products of siliceous or diatomite earths decreased by -4.2% to $X, falling for the third consecutive year after two years of growth. In general, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Refractory Products of Siliceous or Diatomite Earths in SADC

In value terms, production of refractory products of siliceous or diatomite earths dropped slightly to $X in 2021 estimated in export price. In general, production, however, recorded notable growth. The most prominent rate of growth was recorded in 2018 with an increase of 89% against the previous year. Over the period under review, production of hit record highs at $X in 2020, and then contracted in the following year.

Exports of Refractory Products of Siliceous or Diatomite Earths

Exports in SADC

In 2021, exports of refractory products of siliceous or diatomite earths in SADC totaled X tons, with an increase of 4.7% against the year before. Over the period under review, exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of 105%. Over the period under review, the exports of attained the peak figure in 2021 and are likely to see steady growth in the near future.

In value terms, exports of refractory products of siliceous or diatomite earths stood at $X in 2021. In general, exports saw a strong increase. The pace of growth appeared the most rapid in 2018 with an increase of 133% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Tanzania was the largest exporter of refractory products of siliceous or diatomite earths in SADC, with the volume of exports amounting to X tons, which was approx. 62% of total exports in 2021. It was distantly followed by South Africa (X tons), comprising a 33% share of total exports. Zambia (X tons) held a little share of total exports.

From 2012 to 2021, the biggest increases were recorded for Zambia (with a CAGR of +71.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Tanzania ($X), South Africa ($X) and Zambia ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 99% share of total exports.

Tanzania, with a CAGR of +39.5%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in SADC amounted to $X per ton, falling by -2.7% against the previous year. Overall, the export price saw a pronounced contraction. The most prominent rate of growth was recorded in 2018 when the export price increased by 13%. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Zambia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tanzania (-1.5%), while the other leaders experienced a decline in the export price figures.

Imports of Refractory Products of Siliceous or Diatomite Earths

Imports in SADC

In 2021, imports of refractory products of siliceous or diatomite earths in SADC dropped to X tons, reducing by -14.4% against the year before. Over the period under review, imports recorded a mild shrinkage. The most prominent rate of growth was recorded in 2014 when imports increased by 52%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports of remained at a lower figure.

In value terms, imports of refractory products of siliceous or diatomite earths contracted to $X in 2021. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 21% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Madagascar (X tons), Namibia (X tons) and Zambia (X tons) represented roughly 78% of total imports in 2021. South Africa (X tons) held a 7.9% share (based on physical terms) of total imports, which put it in second place, followed by Swaziland (4.9%). Botswana (X tons) and Mauritius (X tons) held a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Madagascar (with a CAGR of +22.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest refractory products of siliceous or diatomite earths importing markets in SADC were Namibia ($X), Madagascar ($X) and Zambia ($X), with a combined 71% share of total imports.

Madagascar, with a CAGR of +20.8%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in SADC stood at $X per ton in 2021, increasing by 17% against the previous year. Overall, the import price continues to indicate a modest expansion. The pace of growth was the most pronounced in 2017 an increase of 91%. Over the period under review, import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was South Africa ($X per ton), while Zambia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+19.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform