The import value of complex fluorine salts to South Africa steadily increased from 2023, reflecting a modest growth rate year-on-year. In 2023, imports stood at a substantial volume, which shows a continuous rise through to 2028. From 2024 to 2025, there’s a minor increase of 0.07%, followed by a continuous slight uptick of approximately 0.07% year-on-year until 2028, a consistent trend observed over the four years. Over the five-year period from 2023 to 2028, the compounded annual growth rate (CAGR) is approximately 0.05%, indicating a slow but positive growth.
Future trends to watch for:
- Technological advancements in fluorine salt applications.
- Changes in global trade policies that may impact import levels.
- Fluctuations in domestic demand for fluorine salts in key industries.
