South Africa: Metal Pickling Preparations Market 2024

Metal Pickling Preparations Market Size in South Africa

In 2021, the South African metal pickling preparations market decreased by -0.1% to $X, falling for the fourth year in a row after three years of growth. Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Metal Pickling Preparations Production in South Africa

In value terms, metal pickling preparations production reduced to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the production volume increased by 13%. Metal pickling preparations production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Metal Pickling Preparations Exports

Exports from South Africa

In 2021, metal pickling preparations exports from South Africa reduced rapidly to X tons, dropping by -24.1% on 2020 figures. Over the period under review, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 45% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, metal pickling preparations exports fell significantly to $X in 2021. Overall, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2020 when exports increased by 48% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Zimbabwe (X tons), the UK (X tons) and Botswana (X tons) were the main destinations of metal pickling preparations exports from South Africa, together comprising 56% of total exports. Namibia, Zambia, Tanzania, Kenya, the United States, the United Arab Emirates, Democratic Republic of the Congo, Swaziland, Mozambique and Mali lagged somewhat behind, together accounting for a further 39%.

From 2012 to 2021, the biggest increases were recorded for Tanzania (with a CAGR of +31.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Zimbabwe ($X) and Botswana ($X) constituted the largest markets for metal pickling preparations exported from South Africa worldwide, together comprising 53% of total exports. The United States, Zambia, the United Arab Emirates, Namibia, Tanzania, Democratic Republic of the Congo, Kenya, Mozambique, Swaziland and Mali lagged somewhat behind, together comprising a further 38%.

Among the main countries of destination, Tanzania, with a CAGR of +23.1%, recorded the highest rates of growth with regard to 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

The average metal pickling preparations export price stood at $X per ton in 2021, picking up by 2.9% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2015 when the average export price increased by 43% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Namibia ($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 Botswana (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Pickling Preparations Imports

Imports into South Africa

In 2021, the amount of pickling preparations for metal surfaces imported into South Africa fell significantly to X tons, waning by -23.4% on the year before. Over the period under review, imports faced a deep contraction. The most prominent rate of growth was recorded in 2017 with an increase of 24%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, metal pickling preparations imports rose remarkably to $X in 2021. Overall, imports showed a deep setback. The pace of growth was the most pronounced in 2018 when imports increased by 24%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), Poland (X tons) and Germany (X tons) were the main suppliers of metal pickling preparations imports to South Africa, with a combined 62% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +21.8%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest metal pickling preparations suppliers to South Africa were Germany ($X), the United States ($X) and China ($X), with a combined 45% share of total imports. These countries were followed by Poland, India, France, Italy and Brazil, which together accounted for a further 28%.

Among the main suppliers, Poland, with a CAGR of +31.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average metal pickling preparations import price amounted to $X per ton, jumping by 49% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.7%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was India ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+33.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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