Report Update Nov 1, 2024

SADC - Silver Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights

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SADC: Silver Ore Market 2024

Silver Ore Market Size in SADC

The SADC silver ore market fell notably to $X in 2021, shrinking by -26% against the previous year. Overall, consumption showed a pronounced reduction. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Silver Ore Production in SADC

In value terms, silver ore production shrank to $X in 2021 estimated in export price. Overall, production, however, saw temperate growth. The growth pace was the most rapid in 2016 with an increase of 546% against the previous year. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Silver Ore Exports

Exports in SADC

In 2021, shipments abroad of silver ores and concentrates increased by 35% to X tons, rising for the fifth year in a row after two years of decline. Over the period under review, exports posted a significant increase. The growth pace was the most rapid in 2014 when exports increased by 45,790% against the previous year. The volume of export peaked in 2021 and is likely to continue growth in the near future.

In value terms, silver ore exports skyrocketed to $X in 2021. Overall, exports showed a significant increase. The pace of growth appeared the most rapid in 2014 with an increase of 3,679%. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in the immediate term.

Exports by Country

The biggest shipments were from South Africa (X tons), together accounting for 99.9% of total export.

South Africa was also the fastest-growing in terms of the silver ores and concentrates exports, with a CAGR of +239.7% from 2012 to 2021. From 2012 to 2021, the share of South Africa increased by +97 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest silver ore supplier in SADC.

In South Africa, silver ore exports increased at an average annual rate of +227.1% over the period from 2012-2021.

Export Prices by Country

The export price in SADC stood at $X per ton in 2021, declining by -10.6% against the previous year. In general, the export price, however, saw a mild expansion. The pace of growth appeared the most rapid in 2016 an increase of 537% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2021, the rate of growth in terms of prices for South Africa amounted to -3.7% per year.

Silver Ore Imports

Imports in SADC

After two years of growth, supplies from abroad of silver ores and concentrates decreased by -40.7% to X kg in 2021. Over the period under review, imports, however, saw significant growth. The pace of growth was the most pronounced in 2019 with an increase of 1,688%. Over the period under review, imports attained the peak figure at X kg in 2020, and then reduced dramatically in the following year.

In value terms, silver ore imports contracted significantly to $X in 2021. Overall, imports, however, enjoyed perceptible growth. The growth pace was the most rapid in 2019 when imports increased by 965% against the previous year. Over the period under review, imports reached the peak figure at $X in 2020, and then dropped significantly in the following year.

Imports by Country

Namibia dominates imports structure, reaching X kg, which was approx. 93% of total imports in 2021. The following importers - Democratic Republic of the Congo (X kg) and South Africa (X kg) - each accounted for a 5.8% share of total imports.

Namibia was also the fastest-growing in terms of the silver ores and concentrates imports, with a CAGR of +49.6% from 2012 to 2021. At the same time, Democratic Republic of the Congo (+24.1%) displayed positive paces of growth. By contrast, South Africa (-7.0%) illustrated a downward trend over the same period. Namibia (+67 p.p.) significantly strengthened its position in terms of the total imports, while Democratic Republic of the Congo and South Africa saw its share reduced by -1.5% and -57.1% from 2012 to 2021, respectively.

In value terms, the largest silver ore importing markets in SADC were Democratic Republic of the Congo ($X), Namibia ($X) and South Africa ($X), with a combined 90% share of total imports.

Democratic Republic of the Congo, with a CAGR of +40.0%, recorded 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 mixed trends in the imports figures.

Import Prices by Country

The import price in SADC stood at $X per ton in 2021, waning by -38.5% against the previous year. Over the period under review, the import price recorded a precipitous decrease. The growth pace was the most rapid in 2015 an increase of 298%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Democratic Republic of the Congo ($X per ton), while Namibia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Democratic Republic of the Congo (+12.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

This report provides an in-depth analysis of the silver ore market in SADC. 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:

Prodcom 07291410 -

Country coverage:

Angola
Botswana
Comoros
Democratic Republic of the Congo
Lesotho
Madagascar
Malawi
Mauritius
Mozambique
Namibia
Seychelles
South Africa
Swaziland
Tanzania
Zambia
Zimbabwe

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in SADC, split by region and country
Trade (exports and imports) in SADC
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Angola
- Botswana
- Comoros
- Democratic Republic of the Congo
- Lesotho
- Madagascar
- Malawi
- Mauritius
- Mozambique
- Namibia
- Seychelles
- South Africa
- Swaziland
- Tanzania
- Zambia
- Zimbabwe
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023