South Africa: Market for Calcium Ammonium Nitrate (CAN) 2024

Market Size for Calcium Ammonium Nitrate (CAN) in South Africa

The South African calcium ammonium nitrate (CAN) market rose markedly to $X in 2021, picking up by 12% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Production of Calcium Ammonium Nitrate (CAN) in South Africa

In value terms, calcium ammonium nitrate (CAN) production expanded modestly to $X in 2021 estimated in export price. In general, production recorded a perceptible contraction. The most prominent rate of growth was recorded in 2019 with an increase of 6.5% against the previous year. Calcium ammonium nitrate (CAN) production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Calcium Ammonium Nitrate (CAN)

Exports from South Africa

After two years of growth, overseas shipments of calcium ammonium nitrate (CAN) decreased by -40.8% to X tons in 2021. Over the period under review, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2014 with an increase of 412% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, calcium ammonium nitrate (CAN) exports contracted significantly to $X in 2021. Overall, exports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2014 when exports increased by 321% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

Zimbabwe (X tons) was the main destination for calcium ammonium nitrate (CAN) exports from South Africa, accounting for a approx. 99% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Zimbabwe stood at +168.6%.

In value terms, Zimbabwe ($X) also remains the key foreign market for calcium ammonium nitrate (CAN) exports from South Africa.

From 2012 to 2021, the average annual rate of growth in terms of value to Zimbabwe totaled +169.1%.

Export Prices by Country

The average calcium ammonium nitrate (CAN) export price stood at $X per ton in 2021, with an increase of 9.7% against the previous year. Over the period under review, the export price, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2019 an increase of 17% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Zimbabwe amounted to +0.2% per year.

Imports of Calcium Ammonium Nitrate (CAN)

Imports into South Africa

In 2021, the amount of calcium ammonium nitrate (CAN) imported into South Africa skyrocketed to X tons, rising by 43% on 2020. Over the period under review, imports recorded a strong increase. The pace of growth was the most pronounced in 2013 when imports increased by 317%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, calcium ammonium nitrate (CAN) imports skyrocketed to $X in 2021. In general, imports recorded a resilient increase. The most prominent rate of growth was recorded in 2013 when imports increased by 307%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest supplier of calcium ammonium nitrate (CAN) to South Africa, with a 68% share of total imports. Moreover, calcium ammonium nitrate (CAN) imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. China (X tons) ranked third in terms of total imports with a 5.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands totaled +14.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (0.0% per year) and China (+33.5% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of calcium ammonium nitrate (CAN) to South Africa, comprising 69% of total imports. The second position in the ranking was taken by Turkey ($X), with a 19% share of total imports. It was followed by Ukraine, with a 4.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Netherlands amounted to +11.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (0.0% per year) and Ukraine (0.0% per year).

Import Prices by Country

The average calcium ammonium nitrate (CAN) import price stood at $X per ton in 2021, growing by 50% against the previous year. Overall, the import price, however, showed a perceptible slump. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Ukraine ($X per ton) and the Netherlands ($X per ton), while the price for China ($X per ton) and Turkey ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-1.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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