SADC - Chromium Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSADC: Market for Chromium Ores and Concentrates 2024
Market Size for Chromium Ores and Concentrates in SADC
The SADC chromium ore and concentrate market shrank significantly to $X in 2022, waning by X% against the previous year. Overall, consumption recorded a deep reduction. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.
Production of Chromium Ores and Concentrates in SADC
In value terms, chromium ore and concentrate production shrank to $X in 2022 estimated in export price. Overall, production recorded a perceptible contraction. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.
Exports of Chromium Ores and Concentrates
Exports in SADC
In 2022, approx. X tons of chromium ores and concentrates were exported in SADC; approximately mirroring 2021 figures. Overall, exports saw a prominent increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, chromium ore and concentrate exports skyrocketed to $X in 2022. In general, exports showed resilient growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the near future.
Exports by Country
South Africa dominates exports structure, finishing at X tons, which was approx. X% of total exports in 2022. Zimbabwe (X tons) followed a long way behind the leaders.
South Africa was also the fastest-growing in terms of the chromium ores and concentrates exports, with a CAGR of X% from 2012 to 2022. At the same time, Zimbabwe (X%) displayed positive paces of growth. South Africa (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, South Africa ($X) remains the largest chromium ore and concentrate supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Zimbabwe ($X), with a X% share of total exports.
From 2012 to 2022, the average annual growth rate of value in South Africa amounted to X%.
Export Prices by Country
The export price in SADC stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the export price, however, recorded a mild curtailment. The pace of growth was the most pronounced in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Zimbabwe stood at $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%).
Imports of Chromium Ores and Concentrates
Imports in SADC
In 2022, chromium ore and concentrate imports in SADC declined rapidly to X tons, reducing by X% against 2021 figures. Overall, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2013 with an increase of X%. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, chromium ore and concentrate imports reduced remarkably to $X in 2022. Over the period under review, imports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2021, and then plummeted in the following year.
Imports by Country
South Africa prevails in imports structure, accounting for X tons, which was near X% of total imports in 2022. Zambia (X tons) followed a long way behind the leaders.
From 2012 to 2022, average annual rates of growth with regard to chromium ore and concentrate imports into South Africa stood at X%. At the same time, Zambia (X%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. While the share of South Africa (X p.p.) and Zambia (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, South Africa ($X) constitutes the largest market for imported chromium ores and concentrates in SADC, comprising X% of total imports. The second position in the ranking was held by Zambia ($X), with an X% share of total imports.
In South Africa, chromium ore and concentrate imports shrank by an average annual rate of X% over the period from 2012-2022.
Import Prices by Country
In 2022, the import price in SADC amounted to $X per ton, dropping by X% against the previous year. Overall, the import price continues to indicate a deep downturn. The pace of growth was the most pronounced in 2015 an increase of X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Zambia ($X per ton), while South Africa amounted to $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zambia (X%).
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for chromium ore and concentrate in SADC. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
Country coverage:
- Angola
- Botswana
- Comoros
- Democratic Republic of the Congo
- Lesotho
- Madagascar
- Malawi
- Mauritius
- Mozambique
- Namibia
- Seychelles
- South Africa
- Swaziland
- Tanzania
- Zambia
- Zimbabwe
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in SADC, split by region and country
- Trade (exports and imports) in SADC
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Angola
- Botswana
- Comoros
- Democratic Republic of the Congo
- Lesotho
- Madagascar
- Malawi
- Mauritius
- Mozambique
- Namibia
- Seychelles
- South Africa
- Swaziland
- Tanzania
- Zambia
- Zimbabwe
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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