South Africa: Market for Phosphorus, Arsenic And Selenium 2024

Market Size for Phosphorus, Arsenic And Selenium in South Africa

The South African phosphorus, arsenic and selenium market surged to $X in 2021, rising by 26% 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). In general, consumption showed a noticeable slump. Phosphorus, arsenic and selenium consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Exports of Phosphorus, Arsenic And Selenium

Exports from South Africa

In 2021, the amount of phosphorus, arsenic and selenium exported from South Africa soared to X tons, increasing by 79% on the year before. Over the period under review, exports, however, saw a precipitous contraction. The pace of growth was the most pronounced in 2017 with an increase of 136% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, phosphorus, arsenic and selenium exports skyrocketed to $X in 2021. In general, exports, however, continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2019 with an increase of 1,791% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Kenya (X tons) was the main destination for phosphorus, arsenic and selenium exports from South Africa, accounting for a 52% share of total exports. Moreover, phosphorus, arsenic and selenium exports to Kenya exceeded the volume sent to the second major destination, Namibia (X tons), threefold. The third position in this ranking was taken by Swaziland (X tons), with a 7.8% share.

From 2012 to 2021, the average annual growth rate of volume to Kenya amounted to +65.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (-33.7% per year) and Swaziland (-17.4% per year).

In value terms, Kenya ($X) remains the key foreign market for phosphorus, arsenic and selenium exports from South Africa, comprising 56% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 17% share of total exports. It was followed by Zimbabwe, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Kenya amounted to +63.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (0.0% per year) and Zimbabwe (-19.9% per year).

Export Prices by Country

In 2021, the average phosphorus, arsenic and selenium export price amounted to $X per ton, declining by -12.5% against the previous year. In general, the export price, however, saw a prominent increase. The pace of growth was the most pronounced in 2019 an increase of 1,631%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Botswana ($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 Namibia (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Phosphorus, Arsenic And Selenium

Imports into South Africa

In 2021, imports of phosphorus, arsenic and selenium into South Africa fell to X tons, which is down by -7.2% against the year before. Over the period under review, imports saw a pronounced curtailment. The most prominent rate of growth was recorded in 2019 with an increase of 52% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, phosphorus, arsenic and selenium imports soared to $X in 2021. Overall, imports showed a pronounced descent. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Vietnam (X tons) constituted the largest phosphorus, arsenic and selenium supplier to South Africa, accounting for a 59% share of total imports. Moreover, phosphorus, arsenic and selenium imports from Vietnam exceeded the figures recorded by the second-largest supplier, Japan (X tons), threefold. The third position in this ranking was taken by the Netherlands (X tons), with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Vietnam totaled -8.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+12.1% per year) and the Netherlands (+24.1% per year).

In value terms, Vietnam ($X) constituted the largest supplier of phosphorus, arsenic and selenium to South Africa, comprising 55% of total imports. The second position in the ranking was held by Japan ($X), with a 26% share of total imports. It was followed by Germany, with a 4.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Vietnam amounted to -3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+71.7% per year) and Germany (-19.0% per year).

Import Prices by Country

In 2021, the average phosphorus, arsenic and selenium import price amounted to $X per ton, jumping by 59% against the previous year. Overall, import price indicated a mild increase from 2012 to 2021: its price increased at an average annual rate of +1.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, phosphorus, arsenic and selenium import price increased by +82.1% against 2019 indices. As a result, import price attained 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 ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+53.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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