South Africa: Market for Liquid Or Compressed Air And Distilled Or Conductivity Water 2024

Market Size for Liquid Or Compressed Air And Distilled Or Conductivity Water in South Africa

The South African market for liquid or compressed air and distilled or conductivity water rose sharply to $X in 2021, with an increase of 8.3% against the previous year. Over the period under review, consumption, however, saw a noticeable descent. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Liquid Or Compressed Air And Distilled Or Conductivity Water in South Africa

In value terms, liquid air and distilled water production amounted to $X in 2021 estimated in export price. In general, production, however, continues to indicate a perceptible downturn. Liquid air and distilled water production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Liquid Or Compressed Air And Distilled Or Conductivity Water

Exports from South Africa

Liquid air and distilled water exports from South Africa shrank markedly to X tons in 2021, declining by -20.9% compared with the previous year's figure. Over the period under review, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2018 when exports increased by 384% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, liquid air and distilled water exports contracted to $X in 2021. Overall, exports faced a deep contraction. The growth pace was the most rapid in 2018 when exports increased by 191%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Lesotho (X tons), Botswana (X tons) and Namibia (X tons) were the main destinations of liquid air and distilled water exports from South Africa, together comprising 62% 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 Lesotho (with a CAGR of +25.6%), while the other leaders experienced mixed trend patterns.

In value terms, Namibia ($X), Botswana ($X) and Lesotho ($X) constituted the largest markets for liquid air and distilled water exported from South Africa worldwide, together comprising 59% of total exports.

Among the main countries of destination, Lesotho, with a CAGR of +10.2%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average export price for liquid or compressed air and distilled or conductivity water amounted to $X per ton, growing by 19% against the previous year. In general, the export price, however, recorded a pronounced decline. The most prominent rate of growth was recorded in 2020 an increase of 49% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Namibia ($X per ton), while the average price for exports to Mozambique ($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 Swaziland (-0.0%), while the prices for the other major destinations experienced a decline.

Imports of Liquid Or Compressed Air And Distilled Or Conductivity Water

Imports into South Africa

Liquid air and distilled water imports into South Africa fell dramatically to X tons in 2021, reducing by -39.8% against 2020. Overall, imports, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2014 with an increase of 53% against the previous year. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, liquid air and distilled water imports dropped modestly to $X in 2021. In general, imports, however, posted a resilient increase. The growth pace was the most rapid in 2016 with an increase of 87% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports failed to regain momentum.

Imports by Country

The United States (X tons), China (X tons) and Germany (X tons) were the main suppliers of liquid air and distilled water imports to South Africa, with a combined 94% share of total imports. New Zealand lagged somewhat behind, comprising a further 1.6%.

From 2012 to 2021, the biggest increases were recorded for New Zealand (with a CAGR of +124.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest liquid air and distilled water suppliers to South Africa were the United States ($X), China ($X) and Germany ($X), together accounting for 83% of total imports. These countries were followed by New Zealand, which accounted for a further 1.5%.

New Zealand, with a CAGR of +118.2%, saw the highest growth rate of the value of imports, in terms of the main suppliers 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 import price for liquid or compressed air and distilled or conductivity water amounted to $X per ton, picking up by 60% against the previous year. Over the period under review, the import price enjoyed a pronounced increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 the United States ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+17.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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