South Africa: Baking Soda Market 2024

Baking Soda Market Size in South Africa

In 2021, the South African baking soda market decreased by -8.4% to $X, falling for the second year in a row after three years of growth. In general, consumption recorded a mild decrease. Baking soda consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Baking Soda Production in South Africa

In value terms, baking soda production totaled $X in 2021 estimated in export price. Overall, production showed a noticeable decrease. The most prominent rate of growth was recorded in 2017 with an increase of 31%. Baking soda production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Baking Soda Exports

Exports from South Africa

After two years of growth, shipments abroad of baking soda decreased by -53.3% to X tons in 2021. Over the period under review, exports, however, saw resilient growth. The pace of growth appeared the most rapid in 2016 when exports increased by 105% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2020, and then dropped sharply in the following year.

In value terms, baking soda exports declined rapidly to $X in 2021. Overall, exports, however, enjoyed a moderate expansion. The pace of growth appeared the most rapid in 2016 when exports increased by 50% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2020, and then dropped remarkably in the following year.

Exports by Country

Botswana (X tons), Namibia (X tons) and Zambia (X tons) were the main destinations of baking soda exports from South Africa, together comprising 71% of total exports.

From 2012 to 2021, the biggest increases were recorded for Botswana (with a CAGR of +39.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for baking soda exported from South Africa were Botswana ($X), Namibia ($X) and Zambia ($X), with a combined 66% share of total exports.

Among the main countries of destination, Botswana, with a CAGR of +21.2%, saw 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

In 2021, the average baking soda export price amounted to $X per ton, growing by 11% against the previous year. Overall, the export price, however, recorded a perceptible downturn. The pace of growth appeared the most rapid in 2018 an increase of 15%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Mozambique ($X per ton), while the average price for exports to Malawi ($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 Zambia (+5.2%), while the prices for the other major destinations experienced a decline.

Baking Soda Imports

Imports into South Africa

In 2021, purchases abroad of baking soda decreased by -33.1% to X tons for the first time since 2014, thus ending a six-year rising trend. Overall, imports, however, continue to indicate temperate growth. The growth pace was the most rapid in 2015 with an increase of 22%. Over the period under review, imports reached the maximum at X tons in 2020, and then fell sharply in the following year.

In value terms, baking soda imports shrank notably to $X in 2021. Over the period under review, imports showed a abrupt descent. The pace of growth appeared the most rapid in 2017 when imports increased by 14%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Turkey (X tons) constituted the largest baking soda supplier to South Africa, with a 37% share of total imports. Moreover, baking soda imports from Turkey exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. The third position in this ranking was taken by Swaziland (X tons), with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey amounted to +33.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+45.8% per year) and Swaziland (-12.7% per year).

In value terms, the largest baking soda suppliers to South Africa were Swaziland ($X), Turkey ($X) and Italy ($X), with a combined 75% share of total imports. These countries were followed by China, Spain, the UK, Russia and Australia, which together accounted for a further 21%.

Russia, with a CAGR of +93.3%, 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 baking soda import price amounted to $X per ton, rising by 23% against the previous year. Overall, the import price, however, recorded a abrupt setback. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+22.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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