South Africa: Bentonite Market 2021

Bentonite Market Size in South Africa

In 2019, the South African bentonite market decreased by -X% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption posted buoyant growth. The most prominent rate of growth was recorded in 2011 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2019, consumption remained at a lower figure.

Bentonite Production in South Africa

In value terms, bentonite production fell to $X in 2019 estimated in export prices. In general, production continues to indicate a resilient increase. The growth pace was the most rapid in 2011 when the production volume increased by X% year-to-year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2019, production remained at a lower figure.

Bentonite Exports

Exports from South Africa

In 2019, overseas shipments of bentonite increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, total exports indicated a modest expansion from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure at X tons in 2015; however, from 2016 to 2019, exports remained at a lower figure.

In value terms, bentonite exports surged to $X in 2019. Over the period under review, exports enjoyed a perceptible expansion. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. South Africa exports peaked at $X in 2014; however, from 2015 to 2019, exports failed to regain the momentum.

Exports by Country

In 2019, India (X tons), distantly followed by the U.S. (X tons), Turkey (X tons), Italy (X tons) and China (X tons) represented the major exporters of bentonite, together making up X% of total exports. Slovakia (X tons), Azerbaijan (X tons), the Czech Republic (X tons), the Netherlands (X tons), Germany (X tons) and Greece (X tons) took a minor share of total exports.

From 2007 to 2019, the biggest increases were in Greece, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest bentonite supplying countries from South Africa were the U.S. ($X), Turkey ($X) and India ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Turkey saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The bentonite export price in South Africa stood at $X per ton in 2019, dropping by -X% against the previous year. In general, the export price, however, recorded a mild expansion. The pace of growth was the most pronounced in 2017 when the export price increased by X% year-to-year. South Africa export price peaked at $X per ton in 2012; however, from 2013 to 2019, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Turkey, while the other leaders experienced more modest paces of growth.

Bentonite Imports

Imports into South Africa

In 2019, imports of bentonite into South Africa reached X tons, approximately mirroring 2018 figures. Overall, imports saw a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure in 2019 and are expected to retain growth in the near future.

In value terms, bentonite imports surged to $X in 2019. Over the period under review, imports saw a strong increase. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. South Africa imports peaked in 2019 and are expected to retain growth in the immediate term.

Imports by Country

In 2019, Germany (X tons), Canada (X tons), Indonesia (X tons), the Netherlands (X tons), Malaysia (X tons), Poland (X tons), Russia (X tons), Saudi Arabia (X tons), Thailand (X tons), the UK (X tons), Japan (X tons) and France (X tons) was the main importer of bentonite in the world, achieving X% of total import. Italy (X tons) held a relatively small share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Thailand, while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Canada ($X) and the Netherlands ($X) were the countries with the highest levels of imports in 2019, together accounting for X% of total imports. These countries were followed by Japan, Thailand, France, the UK, Indonesia, Saudi Arabia, Poland, Russia, Malaysia and Italy, which together accounted for a further X terms of the main importing countries, Thailand 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

The bentonite import price in South Africa stood at $X per ton in 2019, increasing by X% against the previous year. Over the period under review, the import price, however, saw a pronounced contraction. Over the period under review, import prices attained the maximum at $X per ton in 2010; however, from 2011 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per ton), while Indonesia ($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 other leaders experienced more modest paces of growth.

Source: IndexBox Platform