The South African Bentonite market showed considerable fluctuation between 2012 and 2022, with some significant year-to-year variations. Starting at 31.086 million USD in 2012, it dipped to 29.069 million USD by 2013, only to climb to 36.165 million USD in 2014. From 2015 to 2019, the market remained relatively stable, hovering around the mid-30 million USD mark, with a notable peak in 2018 at 38.855 million USD. The market saw a substantial dip in 2020, dropping to 32.378 million USD due to external factors, but rebounded to reach 40.058 million USD in 2022.
Key Variations:
- 2012: +0.63% YoY
- 2013: -6.49% YoY
- 2014: +24.41% YoY
- 2015: +3.37% YoY (4.02% CAGR)
- 2016: -6.91% YoY (2.41% CAGR)
- 2017: +1.11% YoY (2.51% CAGR)
- 2018: +10.42% YoY (5.97% CAGR)
- 2019: -0.99% YoY (1.24% CAGR)
- 2020: -15.83% YoY (-2.83% CAGR)
- 2021: +22.12% YoY (2.58% CAGR)
- 2022: +1.31% YoY (2.63% CAGR)
Future trends to watch for include potential market stabilization and growth driven by increased industrial applications and technological advancements. Sustainable practices and environmental regulations could also play pivotal roles in shaping the Bentonite market dynamics.
| # | 18 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 281,870,000 | 2023 | -0.11% | +0.066% | View data |
| 2 | 2 Japan | 180,040,000 | 2023 | -2.07% | -1.07% | View data |
| 3 | 3 France | 118,550,000 | 2023 | -1.62% | -2.62% | View data |
| 4 | 4 Italy | 115,620,000 | 2023 | +1.13% | -2.78% | View data |
| 5 | 5 South Korea | 87,084,000 | 2023 | +1.86% | +3% | View data |
| 8 | 8 Poland | 63,406,000 | 2023 | +0.19% | +0.88% | View data |
| 9 | 9 Australia | 44,150,000 | 2023 | -1.56% | -0.58% | View data |
| 10 | 10 South Africa | 40,567,000 | 2023 | +1.27% | +0.87% | |
| 11 | 11 Mexico | 38,597,000 | 2023 | +0.23% | +0.15% | View data |
| 12 | 12 Belgium | 31,296,000 | 2023 | +0.48% | +1.55% | View data |