South Africa: Dicalcium Phosphate Market 2024

Dicalcium Phosphate Market Size in South Africa

After three years of growth, the South African dicalcium phosphate market decreased by -12.4% to $X in 2021. In general, consumption continues to indicate a slight reduction. Over the period under review, the market hit record highs at $X in 2020, and then contracted in the following year.

Dicalcium Phosphate Production in South Africa

In value terms, dicalcium phosphate production rose modestly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by 13% against the previous year. Dicalcium phosphate production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Dicalcium Phosphate Exports

Exports from South Africa

Dicalcium phosphate exports from South Africa declined markedly to X tons in 2021, shrinking by -22.4% compared with the previous year. In general, exports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2014 with an increase of 197% against the previous year. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, dicalcium phosphate exports stood at $X in 2021. Over the period under review, exports, however, showed a significant expansion. The growth pace was the most rapid in 2014 with an increase of 287%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Australia (X tons) was the main destination for dicalcium phosphate exports from South Africa, with a 73% share of total exports. Moreover, dicalcium phosphate exports to Australia exceeded the volume sent to the second major destination, Kenya (X tons), fivefold. Zambia (X tons) ranked third in terms of total exports with a 4.7% share.

From 2012 to 2021, the average annual growth rate of volume to Australia totaled +48.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kenya (+11.6% per year) and Zambia (-8.9% per year).

In value terms, Australia ($X) remains the key foreign market for calcium hydrogenorthophosphate (dicalcium phosphate) exports from South Africa, comprising 69% of total exports. The second position in the ranking was held by Kenya ($X), with a 15% share of total exports. It was followed by Zambia, with a 5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Australia amounted to +56.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kenya (+12.7% per year) and Zambia (-7.0% per year).

Export Prices by Country

The average dicalcium phosphate export price stood at $X per ton in 2021, jumping by 29% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 30%. Over the period under review, the average export prices reached the peak figure in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Malawi ($X per ton), while the average price for exports to New Zealand ($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 Australia (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

Dicalcium Phosphate Imports

Imports into South Africa

After three years of growth, overseas purchases of calcium hydrogenorthophosphate (dicalcium phosphate) decreased by -51.5% to X tons in 2021. Over the period under review, imports, however, saw a prominent expansion. The pace of growth appeared the most rapid in 2020 with an increase of 237%. As a result, imports reached the peak of X tons, and then reduced dramatically in the following year.

In value terms, dicalcium phosphate imports contracted notably to $X in 2021. Overall, imports, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2015 with an increase of 88% against the previous year. Over the period under review, imports hit record highs at $X in 2020, and then fell sharply in the following year.

Imports by Country

In 2021, China (X tons) constituted the largest dicalcium phosphate supplier to South Africa, with a 83% share of total imports. Moreover, dicalcium phosphate imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold. India (X tons) ranked third in terms of total imports with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +21.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+10.5% per year) and India (+11.9% per year).

In value terms, China ($X) constituted the largest supplier of calcium hydrogenorthophosphate (dicalcium phosphate) to South Africa, comprising 56% of total imports. The second position in the ranking was taken by the United States ($X), with a 22% share of total imports. It was followed by India, with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +14.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+11.8% per year) and India (+12.4% per year).

Import Prices by Country

In 2021, the average dicalcium phosphate import price amounted to $X per ton, growing by 54% against the previous year. Over the period under review, the import price, however, recorded a abrupt setback. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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