Price for Lead Oxides; Red Lead and Orange Lead in South Africa - 2023

Contents:

1. Price for Lead Oxides; Red Lead and Orange Lead in South Africa (FOB) - 2022
2. Price for Lead Oxides; Red Lead and Orange Lead in South Africa (CIF) - 2022
3. Exports of Lead Oxides; Red Lead and Orange Lead in South Africa
4. Imports of Lead Oxides; Red Lead and Orange Lead in South Africa

Price for Lead Oxides; Red Lead and Orange Lead in South Africa (FOB) - 2022

The average export price for lead oxides; red lead and orange leads stood at $3,993 per ton in 2022, falling by -6% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 31% against the previous year. The export price peaked at $4,340 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($5,791 per ton), while the average price for exports to Tanzania ($2,117 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 Guinea (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Lead Oxides; Red Lead and Orange Lead in South Africa (CIF) - 2022

In 2022, the average import price for lead oxides; red lead and orange leads amounted to $9,077 per ton, growing by 42% against the previous year. Over the period under review, the import price saw a strong expansion. The growth pace was the most rapid in 2019 when the average import price increased by 218%. As a result, import price attained the peak level of $17,507 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($20,296 per ton), while the price for Spain ($2,923 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Lead Oxides; Red Lead and Orange Lead in South Africa

In 2022, exports of lead oxides; red lead and orange leads from South Africa dropped to 2.8K tons, with a decrease of -10.7% compared with the previous year's figure. The total export volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 37%. As a result, the exports attained the peak of 3.1K tons, and then dropped in the following year.

In value terms, exports of lead oxides; red lead and orange leads dropped significantly to $11M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +7.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.8% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 80%. As a result, the exports reached the peak of $13M, and then contracted markedly in the following year.

Top Export Markets for Lead Oxides; Red Lead and Orange Lead from South Africa in 2022:

1. Ghana (358.2 tons)
2. Mexico (346.0 tons)
3. United States (317.1 tons)
4. Canada (265.5 tons)
5. Australia (257.4 tons)
6. United Kingdom (208.0 tons)
7. Peru (177.0 tons)
8. Tanzania (141.0 tons)
9. Guinea (123.0 tons)
10. Senegal (100.0 tons)
11. Chile (63.5 tons)

Imports of Lead Oxides; Red Lead and Orange Lead in South Africa

After three years of growth, supplies from abroad of lead oxides; red lead and orange leads decreased by -75.6% to 57 tons in 2022. Overall, imports recorded a deep downturn. The pace of growth was the most pronounced in 2021 when imports increased by 174%. As a result, imports attained the peak of 234 tons, and then declined rapidly in the following year.

In value terms, imports of lead oxides; red lead and orange leads reduced markedly to $520K in 2022. In general, imports saw a dramatic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 231%. As a result, imports attained the peak of $1.5M, and then shrank notably in the following year.

Top Suppliers of Lead Oxides; Red Lead and Orange Lead to South Africa in 2022:

1. China (25.0 tons)
2. United States (20.2 tons)
3. Spain (12.0 tons)

Source: IndexBox Market Intelligence Platform