South Africa - Prepared Binders For Foundry Moulds Or Cores - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrepared Binders Price in South Africa - 2023
Contents:
- Prepared Binders Price in South Africa (FOB) - 2022
- Prepared Binders Price in South Africa (CIF) - 2023
- Prepared Binders Exports in South Africa
- Prepared Binders Imports in South Africa
Prepared Binders Price in South Africa (FOB) - 2022
In 2022, the average prepared binders export price amounted to $3,125 per ton, with an increase of 30% against the previous year. Overall, the export price enjoyed mild growth. The pace of growth appeared the most rapid in 2018 an increase of 66% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($8,070 per ton), while the average price for exports to Russia ($637 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 Australia (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.
Prepared Binders Price in South Africa (CIF) - 2023
The average prepared binders import price stood at $2,041 per ton in July 2023, growing by 35% against the previous month. Over the period under review, the import price, however, recorded a noticeable decline. Over the period under review, average import prices reached the peak figure at $2,881 per ton in July 2022; however, from August 2022 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($2,873 per ton), while the price for India ($1,602 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+1.7%), while the prices for the other major suppliers experienced a decline.
Prepared Binders Exports in South Africa
After three years of growth, shipments abroad of prepared binders for foundry moulds or cores decreased by -21.6% to 3.4K tons in 2022. Overall, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 77%. As a result, the exports reached the peak of 4.4K tons, and then declined dramatically in the following year.
In value terms, prepared binders exports expanded slightly to $11M in 2022. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 185%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.
| Export of Prepared Binders in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | N/A | N/A | 4,013 | 3,455 | -13.9% |
| United States | 1,841 | 1,071 | 2,590 | 3,422 | 23.0% |
| Brazil | 48.8 | 164 | 1,352 | 1,366 | 203.6% |
| Democratic Republic of the Congo | 73.3 | 241 | 352 | 783 | 120.2% |
| South Korea | 490 | 604 | 477 | 566 | 4.9% |
| Zimbabwe | 142 | 148 | 179 | 219 | 15.5% |
| Australia | 290 | 286 | 184 | 194 | -12.5% |
| Zambia | 301 | 134 | 82.1 | 161 | -18.8% |
| Botswana | 402 | 203 | 298 | 123 | -32.6% |
| Russia | 65.3 | 397 | 341 | 116 | 21.1% |
| Namibia | 76.6 | 93.9 | 156 | 91.0 | 5.9% |
| Mozambique | 253 | 93.9 | 93.9 | 32.0 | -49.8% |
| Egypt | 16.3 | 30.4 | 81.8 | N/A | 124.0% |
| Others | 238 | 205 | 274 | 134 | -17.4% |
| Total | 4,237 | 3,673 | 10,473 | 10,661 | 36.0% |
Top Export Markets for Prepared Binders from South Africa in 2022:
- Democratic Republic of the Congo (1050.9 tons)
- Belgium (816.5 tons)
- United States (424.0 tons)
- Australia (257.8 tons)
- Russia (181.6 tons)
- Brazil (174.0 tons)
- Zimbabwe (94.5 tons)
- Zambia (80.8 tons)
- South Korea (80.0 tons)
- Namibia (76.7 tons)
- Botswana (71.0 tons)
- Mozambique (36.9 tons)
Prepared Binders Imports in South Africa
In 2022, approx. 3.4K tons of prepared binders for foundry moulds or cores were imported into South Africa; falling by -40.6% on the previous year's figure. Overall, imports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 91% against the previous year. As a result, imports reached the peak of 5.7K tons, and then reduced markedly in the following year.
In value terms, prepared binders imports reduced to $6.6M in 2022. In general, imports, however, enjoyed prominent growth. The growth pace was the most rapid in 2021 when imports increased by 168%. As a result, imports reached the peak of $7.7M, and then dropped in the following year.
| Import of Prepared Binders in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.9 | 1.1 | 3.4 | 2.9 | 15.1% |
| India | 1.7 | 1.4 | 2.5 | 1.4 | -6.3% |
| Germany | 0.1 | 0.1 | 1.2 | 1.4 | 141.0% |
| Vietnam | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Others | 0.3 | 0.3 | 0.4 | 0.6 | 26.0% |
| Total | 4.0 | 2.9 | 7.7 | 6.6 | 18.2% |
Top Suppliers of Prepared Binders to South Africa in 2022:
- India (1490.5 tons)
- China (984.8 tons)
- Germany (604.1 tons)
- Vietnam (111.5 tons)
This report provides an in-depth analysis of the prepared binders market in South Africa. 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:
- Prodcom 20595720 - Prepared binders for foundry moulds or cores
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- 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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
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
-
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
-
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
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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
- 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 Of Origin, 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, By Country Of Destination, 2012–2023
355
This report provides an in-depth analysis of the prepared binders market in South Africa.
417
This report provides an in-depth analysis of the market for prepared additives for cements in South Africa.
329
This report provides an in-depth analysis of the sorbitol market in South Africa.
347
This report provides an in-depth analysis of the other chemical products market in South Africa.
317
This report provides an in-depth analysis of the preparations for electroplating market in South Africa.
375
This report provides an in-depth analysis of the non-agglomerated metal carbides market in South Africa.
318
This report provides an in-depth analysis of the naphthenic acids market in South Africa.
278
This report provides an in-depth analysis of the market for glycerol fatty acid esters in South Africa.
351
This report provides an in-depth analysis of the inorganic composite solvents market in South Africa.
298
This report provides an in-depth analysis of the factory made mortar market in South Africa.
323
In May 2023, the price of Sorbitol in South Africa amounted to $778 per ton (CIF), representing a decrease of 21.3% compared to the previous month.
1190
In value terms, prepared binders for foundry moulds and cores imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern in...
915
In value terms, prepared binders for foundry moulds and cores exports amounted to $X in 2016. Overall, prepared binders for foundry moulds and cores exports continue to indicate a relatively flat tr...
1348
In value terms, pharmaceutical goods imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeabl...
1414
In value terms, pharmaceutical goods exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeabl...
1417
In value terms, organic composite solvents and thinners imports stood at $X in 2016. Overall, organic composite solvents and thinners imports continue to indicate a relatively flat trend pattern. O...
1637
In value terms, organic composite solvents and thinners exports totaled $X in 2016. In general, organic composite solvents and thinners exports continue to indicate a relatively flat trend pattern....
990
In value terms, organic compounds imports stood at $X in 2016. Overall, it indicated a mild increase from 2007 to 2016: the total imports value decreased at an average annual rate of -X% over the...
1540
In value terms, organic compounds exports amounted to $X in 2016. In general, organic compounds exports continue to indicate a deep contraction. Global organic compounds export peaked of $X in X>
323
In May 2023, the price of Sorbitol in South Africa amounted to $778 per ton (CIF), representing a decrease of 21.3% compared to the previous month.
