South Africa: Zinc Oxide Market 2025

Zinc Oxide Market Size in South Africa

The South African zinc oxide market shrank to $X in 2022, waning by X% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Zinc Oxide Production in South Africa

In value terms, zinc oxide production fell to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a pronounced setback. The pace of growth was the most pronounced in 2018 with an increase of X%. Zinc oxide production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Zinc Oxide Exports

Exports from South Africa

In 2022, shipments abroad of zinc oxide and zinc peroxide decreased by X% to X tons, falling for the fourth consecutive year after two years of growth. Over the period under review, exports showed a drastic downturn. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, zinc oxide exports skyrocketed to $X in 2022. In general, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Nigeria (X tons), the UK (X tons) and Indonesia (X tons) were the main destinations of zinc oxide exports from South Africa, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Nigeria (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X) emerged as the key foreign market for zinc oxide and zinc peroxide exports from South Africa, comprising X% of total exports. The second position in the ranking was held by Zimbabwe ($X), with a X% share of total exports. It was followed by Australia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Nigeria totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zimbabwe (X% per year) and Australia (X% per year).

Export Prices by Country

The average zinc oxide export price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the export price saw a perceptible increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Namibia ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Zinc Oxide Imports

Imports into South Africa

In 2022, purchases abroad of zinc oxide and zinc peroxide decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, posted a buoyant increase. The pace of growth was the most pronounced in 2016 when imports increased by X%. Imports peaked at X tons in 2021, and then shrank modestly in the following year.

In value terms, zinc oxide imports reached $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Australia (X tons), Mexico (X tons) and the United Arab Emirates (X tons) were the main suppliers of zinc oxide imports to South Africa, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Mexico ($X) and the United Arab Emirates ($X) were the largest zinc oxide suppliers to South Africa, together comprising X% of total imports.

In terms of the main suppliers, the United Arab Emirates, with a CAGR of X%, 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 more modest paces of growth.

Import Prices by Country

The average zinc oxide import price stood at $X per ton in 2022, surging by X% against the previous year. Overall, the import price, however, continues to indicate a abrupt decrease. The growth pace was the most rapid in 2018 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Zambia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zambia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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