South Africa - Oxygen - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

South Africa - Oxygen - Market Analysis, Forecast, Size, Trends And Insights

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Oxygen Price in South Africa - 2023

Contents:

  1. Oxygen Price in South Africa (FOB) - 2022
  2. Oxygen Price in South Africa (CIF) - 2022
  3. Oxygen Exports in South Africa
  4. Oxygen Imports in South Africa

Oxygen Price in South Africa (FOB) - 2022

In 2022, the average oxygen export price amounted to $0.3 per cubic meter, leveling off at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2017 an increase of 29% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Namibia ($0.3 per cubic meter) and Botswana ($0.3 per cubic meter), while the average price for exports to Zambia ($0.3 per cubic meter) and Mozambique ($0.3 per cubic meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

Oxygen Price in South Africa (CIF) - 2022

In 2022, the average oxygen import price amounted to $0.3 per cubic meter, declining by -8.2% against the previous year. Overall, the import price, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 41% against the previous year. As a result, import price reached the peak level of $0.3 per cubic meter, and then dropped in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($0.3 per cubic meter) and Italy ($0.3 per cubic meter), while the price for Germany ($0.3 per cubic meter) and Angola ($0.3 per cubic meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Angola (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Oxygen Exports in South Africa

After three years of growth, overseas shipments of oxygen decreased by -31.3% to 7.9M cubic meters in 2022. Over the period under review, exports, however, showed a strong expansion. The pace of growth was the most pronounced in 2021 when exports increased by 75%. As a result, the exports attained the peak of 12M cubic meters, and then contracted sharply in the following year.

In value terms, oxygen exports dropped markedly to $2.2M in 2022. Overall, exports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 103%. As a result, the exports attained the peak of $3.1M, and then shrank remarkably in the following year.

Export of Oxygen in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mozambique47945398479418.3%
Botswana26325548835210.2%
KenyaN/A0.319.21962456.0%
Namibia226199798186-6.3%
Swaziland193181573184-1.6%
Zambia62.21718.010418.7%
Zimbabwe13.12.715.793.592.5%
Others17628324825713.5%
Total1,4141,5443,1342,16815.3%

Top Export Markets for Oxygen from South Africa in 2022:

  1. Mozambique (2908.3K cubic meters)
  2. Botswana (1289.2K cubic meters)
  3. Kenya (719.1K cubic meters)
  4. Namibia (682.3K cubic meters)
  5. Swaziland (673.7K cubic meters)
  6. Zambia (380.0K cubic meters)
  7. Zimbabwe (342.2K cubic meters)

Oxygen Imports in South Africa

In 2022, overseas purchases of oxygen increased by 1.1% to 512K cubic meters for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a significant decrease. Imports peaked at 1M cubic meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, oxygen imports declined to $132K in 2022. In general, imports, however, continue to indicate a deep setback. The smallest decline of -5.2% was in 2021. Imports peaked at $200K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Oxygen in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany59.470.860.080.210.5%
SpainN/AN/AN/A27.70%
Italy7.230.32.914.225.4%
Angola1.9N/AN/A4.331.3%
United States13.111.20.11.1-56.2%
Netherlands48.87.821.20.4-79.8%
Switzerland7.21.02.00.1-76.0%
United Kingdom11.92.7N/AN/A-77.3%
SingaporeN/AN/A20.8N/A0%
Others50.025.734.73.6-58.4%
Total200149142132-12.9%

Top Suppliers of Oxygen to South Africa in 2022:

  1. Germany (311.6K cubic meters)
  2. Spain (107.8K cubic meters)
  3. Italy (55.1K cubic meters)
  4. Angola (16.8K cubic meters)
  5. United States (4.4K cubic meters)
  6. Netherlands (1.7K cubic meters)
  7. Switzerland (0.5K cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the oxygen 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 20111170 - Oxygen

Country coverage:

  • South Africa

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 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. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Oxygen - South Africa