SADC: Market for Carnallite, Sylvite and Other Crude Natural Potassium Salts, Potassium Magnesium Sulphate and Mixtures of Potassic Fertilisers 2024

Market Size for Carnallite, Sylvite and Other Crude Natural Potassium Salts, Potassium Magnesium Sulphate and Mixtures of Potassic Fertilisers in SADC

The SADC market for carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers expanded remarkably to $X in 2023, surging by X% against the previous year. In general, consumption saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level in 2023 and is likely to continue growth in the near future.

Production of Carnallite, Sylvite and Other Crude Natural Potassium Salts, Potassium Magnesium Sulphate and Mixtures of Potassic Fertilisers in SADC

In value terms, production of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers rose notably to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, production of hit record highs at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Exports of Carnallite, Sylvite and Other Crude Natural Potassium Salts, Potassium Magnesium Sulphate and Mixtures of Potassic Fertilisers

Exports in SADC

In 2023, overseas shipments of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers decreased by X% to X tons, falling for the third year in a row after three years of growth. Over the period under review, exports saw a perceptible decline. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, the exports of reached the maximum at X tons in 2020; however, from 2021 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers shrank markedly to $X in 2023. Overall, exports continue to indicate a mild slump. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

Exports by Country

South Africa was the largest exporter of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers in SADC, with the volume of exports accounting for X tons, which was near X% of total exports in 2023. Tanzania (X tons) ranks second in terms of the total exports with a X% share, followed by Mauritius (X%) and Mozambique (X%).

From 2012 to 2023, average annual rates of growth with regard to carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers exports from South Africa stood at X%. At the same time, Mauritius (X%) displayed positive paces of growth. Moreover, Mauritius emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2023. Tanzania experienced a relatively flat trend pattern. By contrast, Mozambique (X%) illustrated a downward trend over the same period. Mauritius (X p.p.), Mozambique (X p.p.) and Tanzania (X p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, South Africa ($X) remains the largest carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Tanzania ($X), with a X% share of total exports. It was followed by Mauritius, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in South Africa totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Tanzania (X% per year) and Mauritius (X% per year).

Export Prices by Country

In 2023, the export price in SADC amounted to $X per ton, dropping by X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2022 an increase of X%. As a result, the export price attained the peak level of $X per ton, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Tanzania ($X per ton), while Mauritius ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced more modest paces of growth.

Imports of Carnallite, Sylvite and Other Crude Natural Potassium Salts, Potassium Magnesium Sulphate and Mixtures of Potassic Fertilisers

Imports in SADC

In 2023, the amount of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers imported in SADC dropped to X tons, which is down by X% on the previous year's figure. Over the period under review, imports recorded a mild reduction. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2023, the growth of imports of remained at a lower figure.

In value terms, imports of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers shrank to $X in 2023. In general, imports showed a slight reduction. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, South Africa (X tons), Zambia (X tons) and Swaziland (X tons) represented the key importer of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers in SADC, achieving X% of total import. Zimbabwe (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Mozambique (X%). Malawi (X tons) took a minor share of total imports.

From 2012 to 2023, the biggest increases were recorded for Swaziland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Zambia ($X) and Zimbabwe ($X) appeared to be the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Swaziland, Mozambique and Malawi lagged somewhat behind, together comprising a further X%.

Swaziland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in SADC amounted to $X per ton, which is down by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Zimbabwe ($X per ton), while Swaziland ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Zimbabwe (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform