South Africa: Calcium Carbonate Market 2024

Calcium Carbonate Market Size in South Africa

In 2021, after two years of decline, there was significant growth in the South African calcium carbonate market, when its value increased by 6% to $X. In general, the total consumption indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -34.0% against 2018 indices. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Calcium Carbonate Exports

Exports from South Africa

For the eighth consecutive year, South Africa recorded growth in shipments abroad of calcium carbonate, which increased by 38% to X tons in 2021. Overall, exports saw a resilient increase. The pace of growth appeared the most rapid in 2015 when exports increased by 47% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, calcium carbonate exports skyrocketed to $X in 2021. In general, exports saw a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Zimbabwe (X tons), Botswana (X tons) and Ghana (X tons) were the main destinations of calcium carbonate exports from South Africa, with a combined 62% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ghana (with a CAGR of +70.0%), while the other leaders experienced more modest paces of growth.

In value terms, Zimbabwe ($X), Zambia ($X) and Ghana ($X) appeared to be the largest markets for calcium carbonate exported from South Africa worldwide, with a combined 65% share of total exports.

Ghana, with a CAGR of +54.6%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average calcium carbonate export price amounted to $X per ton, rising by 23% against the previous year. Overall, the export price, however, showed a abrupt shrinkage. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Zambia ($X per ton), while the average price for exports to Namibia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Zambia (+2.9%), while the prices for the other major destinations experienced a decline.

Calcium Carbonate Imports

Imports into South Africa

In 2021, calcium carbonate imports into South Africa expanded to X tons, with an increase of 2.6% against the previous year's figure. In general, imports saw a remarkable increase. The pace of growth appeared the most rapid in 2018 when imports increased by 56% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, calcium carbonate imports surged to $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 23%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Egypt (X tons) constituted the largest calcium carbonate supplier to South Africa, accounting for a 54% share of total imports. Moreover, calcium carbonate imports from Egypt exceeded the figures recorded by the second-largest supplier, Turkey (X tons), fourfold. The third position in this ranking was held by Jordan (X tons), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from Egypt stood at +15.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+27.9% per year) and Jordan (+6.9% per year).

In value terms, Egypt ($X), Taiwan (Chinese) ($X) and China ($X) were the largest calcium carbonate suppliers to South Africa, with a combined 52% share of total imports. These countries were followed by Turkey, Vietnam, Jordan, Spain, Malaysia and Zambia, which together accounted for a further 33%.

In terms of the main suppliers, Zambia, with a CAGR of +68.9%, saw the highest growth rate of 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

In 2021, the average calcium carbonate import price amounted to $X per ton, with an increase of 18% against the previous year. Over the period under review, the import price, however, recorded a deep contraction. The pace of growth was the most pronounced in 2020 when the average import price increased by 22%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+23.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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