Report Update Nov 1, 2024

South Africa - Lithium Oxide - Market Analysis, Forecast, Size, Trends and Insights

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South Africa: Lithium Oxide Market 2024

Lithium Oxide Market Size in South Africa

The South African lithium oxide market reduced sharply to $X in 2021, with a decrease of -20% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a noticeable decrease. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Lithium Oxide Exports

Exports from South Africa

In 2021, approx. X tons of lithium oxides were exported from South Africa; increasing by 93% against the year before. Overall, exports showed significant growth. The growth pace was the most rapid in 2015 when exports increased by 856% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, lithium oxide exports reduced dramatically to $X in 2021. Over the period under review, exports posted a strong expansion. The pace of growth was the most pronounced in 2015 with an increase of 707%. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Lesotho (X tons) was the main destination for lithium oxide exports from South Africa, with a 82% share of total exports. Moreover, lithium oxide exports to Lesotho exceeded the volume sent to the second major destination, Zambia (X tons), sevenfold.

From 2012 to 2021, the average annual growth rate of volume to Lesotho was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (+84.7% per year) and Zimbabwe (-12.2% per year).

In value terms, Zambia ($X) remains the key foreign market for lithium oxides exports from South Africa, comprising 57% of total exports. The second position in the ranking was held by Zimbabwe ($X), with a 28% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Zambia stood at +91.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zimbabwe (-4.5% per year) and Lesotho (0.0% per year).

Export Prices by Country

In 2021, the average lithium oxide export price amounted to $X per ton, reducing by -68.6% against the previous year. Over the period under review, the export price recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2016 an increase of 200%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zimbabwe ($X per ton), while the average price for exports to Lesotho ($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 Tanzania (+60.4%), while the prices for the other major destinations experienced more modest paces of growth.

Lithium Oxide Imports

Imports into South Africa

In 2021, approx. X tons of lithium oxides were imported into South Africa; waning by -25.2% against 2020 figures. Overall, imports showed a abrupt decrease. The pace of growth appeared the most rapid in 2019 when imports increased by 38% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, lithium oxide imports fell to $X in 2021. In general, imports, however, enjoyed modest growth. The pace of growth was the most pronounced in 2015 when imports increased by 102%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

Russia (X tons), India (X tons) and the United States (X tons) were the main suppliers of lithium oxide imports to South Africa, with a combined 72% share of total imports. Chile, the United Arab Emirates and China lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +18.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest lithium oxide suppliers to South Africa were the United States ($X), Russia ($X) and Chile ($X), together accounting for 82% of total imports. These countries were followed by India, China and the United Arab Emirates, which together accounted for a further 12%.

The United Arab Emirates, with a CAGR of +16.1%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average lithium oxide import price stood at $X per ton in 2021, increasing by 26% against the previous year. In general, the import price continues to indicate buoyant growth. The pace of growth was the most pronounced in 2015 when the average import price increased by 57%. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat 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 China ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lithium oxide in the world?

The countries with the highest volumes of lithium oxide consumption in 2020 were Australia, South Korea and Japan, together comprising 80% of global consumption.

What are the largest producers of lithium oxide in the world?

The countries with the highest volumes of lithium oxide production in 2020 were China, Australia and Chile, with a combined 78% share of global production. These countries were followed by the United States, Russia, Germany and Switzerland, which together accounted for a further 17%.

What are the leading suppliers of lithium oxide to South Africa?

In value terms, the largest lithium oxide suppliers to South Africa were the United States, Russia and Chile, together accounting for 88% of total imports.

What are the leading importers of lithium oxide from South Africa?

In value terms, Zambia remains the key foreign market for lithium oxide exports from South Africa, comprising 95% of total exports. The second position in the ranking was occupied by Botswana, with a 2.5% share of total exports. It was followed by Namibia, with a 1.6% share.

What is the average export price for lithium oxide in South Africa?

In 2020, the average lithium oxide export price amounted to $39,264 per ton, rising by 30% against the previous year.

What is the average import price for lithium oxide in South Africa?

The average lithium oxide import price stood at $6,888 per ton in 2020, which is down by -28.1% against the previous year.

This report provides an in-depth analysis of the lithium oxide market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Country coverage:

South Africa

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in South Africa
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023