South Africa: Diphosphorus Pentaoxide Market 2024

Diphosphorus Pentaoxide Market Size in South Africa

In 2022, the South African diphosphorus pentaoxide market increased by 1.6% to $X, rising for the second consecutive year after two years of decline. Overall, the total consumption indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +97.0% against 2020 indices. Diphosphorus pentaoxide consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Diphosphorus Pentaoxide Production in South Africa

In value terms, diphosphorus pentaoxide production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.1% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of 33%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Diphosphorus Pentaoxide Exports

Exports from South Africa

In 2022, exports of diphosphorus pentaoxide from South Africa surged to X tons, increasing by 60% against the previous year. Over the period under review, exports, however, saw a dramatic decrease. The growth pace was the most rapid in 2020 when exports increased by 655% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, diphosphorus pentaoxide exports surged to $X in 2022. In general, exports, however, continue to indicate a sharp curtailment. The pace of growth appeared the most rapid in 2019 when exports increased by 826%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Swaziland (X tons), Lesotho (X tons) and Botswana (X kg) were the main destinations of diphosphorus pentaoxide exports from South Africa, with a combined 90% share of total exports. Zimbabwe, Malawi and Namibia lagged somewhat behind, together accounting for a further 9.7%.

From 2012 to 2022, the biggest increases were recorded for Zimbabwe (with a CAGR of +75.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Lesotho ($X), Swaziland ($X) and Botswana ($X) appeared to be the largest markets for diphosphorus pentaoxide exported from South Africa worldwide, together comprising 84% of total exports. Namibia, Zimbabwe and Malawi lagged somewhat behind, together accounting for a further 16%.

Among the main countries of destination, Zimbabwe, with a CAGR of +83.2%, recorded 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

In 2022, the average diphosphorus pentaoxide export price amounted to $X per ton, surging by 21% against the previous year. Overall, the export price continues to indicate resilient growth. The growth pace was the most rapid in 2019 when the average export price increased by 126% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Namibia ($X per ton), while the average price for exports to Malawi ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (+23.7%), while the prices for the other major destinations experienced more modest paces of growth.

Diphosphorus Pentaoxide Imports

Imports into South Africa

Diphosphorus pentaoxide imports into South Africa surged to X tons in 2022, jumping by 4,171% against the previous year's figure. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, diphosphorus pentaoxide imports skyrocketed to $X in 2022. Over the period under review, imports saw a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), India (X tons) and Germany (X kg) were the main suppliers of diphosphorus pentaoxide imports to South Africa, together comprising 100% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +22.7%), while imports for the other leaders experienced mixed trend patterns.

In value terms, China ($X) constituted the largest supplier of diphosphorus pentaoxide to South Africa, comprising 70% of total imports. The second position in the ranking was taken by India ($X), with a 29% share of total imports. It was followed by Germany, with a 0.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +16.7%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+13.8% per year) and Germany (-13.1% per year).

Import Prices by Country

In 2022, the average diphosphorus pentaoxide import price amounted to $X per ton, declining by -48.4% against the previous year. Over the period under review, the import price saw a abrupt setback. The growth pace was the most rapid in 2019 an increase of 535%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+90.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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