Exports of pharmaceutical products came in second place, increasing by 215% from R1.7 billion in Q2 2020 to R5.2 billion in Q2 2021, followed by precious stones, which grew by 170% to R157 billion in the second quarter of 2021. [...] Precious stones and industrial machinery had the biggest growth, with precious stones increasing from R1.4 billion in Q2 2020 to R12.6 billion in Q2 2021, and machinery up from R1 billion in Q2 2020 to R4.9 billion in Q2 2021. [...] The decline in the unit prices by 15% from R41.33/kg in Q2 2020 to R34.82 could be one of the contributing factors in the growth in exports. [...] After significant declines in the second and fourth quarters of 2020, South Africa’s lead ores and concentrates exports showed steady growth in 2021, growing by 186% in the Q2 2021 amounting to 19.3 million kg valued at R452 million compared to 6.7 million kg (R121 million) in Q2 2020. [...] Growth in South Africa’s lead ores and concentrates exports in the second quarter of 2021 was mainly driven by the increase in demand from its top export market, China, regardless of the 30% increase in unit price from R18/kg in Q2 2020 to R24/kg in Q2 2021.
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