Alcohols; Polyhydric, Mannitol Price in South Africa - 2023
Contents:
- Alcohols; Polyhydric, Mannitol Price in South Africa (CIF) - 2022
- Alcohols; Polyhydric, Mannitol Price in South Africa (FOB) - 2022
- Alcohols; Polyhydric, Mannitol Imports in South Africa
- Alcohols; Polyhydric, Mannitol Exports in South Africa
Alcohols; Polyhydric, Mannitol Price in South Africa (CIF) - 2022
In 2022, the average alcohols; polyhydric, mannitol import price amounted to $4,722 per ton, waning by -12.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 39%. As a result, import price reached the peak level of $5,923 per ton. From 2021 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($24,743 per ton), while the price for France ($3,429 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Alcohols; Polyhydric, Mannitol Price in South Africa (FOB) - 2022
In 2022, the average alcohols; polyhydric, mannitol export price amounted to $9,288 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price continues to indicate pronounced growth. The pace of growth appeared the most rapid in 2021 an increase of 630%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
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 Zimbabwe ($10,444 per ton), while the average price for exports to Malawi ($4,127 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 Zimbabwe (+4.4%), while the prices for the other major destinations experienced a decline.
Alcohols; Polyhydric, Mannitol Imports in South Africa
In 2022, purchases abroad of alcohols; polyhydric, mannitol decreased by -50.8% to 150 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 55% against the previous year.
In value terms, alcohols; polyhydric, mannitol imports contracted remarkably to $708K in 2022. Overall, imports, however, enjoyed a perceptible increase. The pace of growth appeared the most rapid in 2020 with an increase of 115% against the previous year.
Import of Alcohols; Polyhydric, Mannitol in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 315 | 857 | 822 | 225 | -10.6% |
France | 206 | 349 | 558 | 213 | 1.1% |
China | 114 | 136 | 202 | 115 | 0.3% |
India | 15.8 | 55.7 | 44.4 | 79.9 | 71.6% |
Netherlands | 2.9 | 5.6 | 1.8 | 74.3 | 194.8% |
Others | 1.2 | 2.6 | 8.6 | 0.8 | -12.6% |
Total | 655 | 1,406 | 1,637 | 708 | 2.6% |
Top Suppliers of Alcohols; Polyhydric, Mannitol to South Africa in 2022:
- France (62.2 tons)
- China (33.0 tons)
- United States (29.6 tons)
- India (9.9 tons)
- Netherlands (3.0 tons)
Alcohols; Polyhydric, Mannitol Exports in South Africa
Alcohols; polyhydric, mannitol exports from South Africa skyrocketed to 7.4 tons in 2022, rising by 30% against the previous year's figure. Over the period under review, exports saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 1,726%. As a result, the exports reached the peak of 37 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, alcohols; polyhydric, mannitol exports surged to $69K in 2022. In general, exports showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 604% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.
Export of Alcohols; Polyhydric, Mannitol in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Zimbabwe | 5.1 | 1.6 | 52.6 | 38.7 | 96.5% |
Saudi Arabia | N/A | N/A | N/A | 27.6 | 0% |
Malawi | 0.8 | 1.5 | 0.4 | 1.0 | 7.7% |
Uganda | N/A | 5.5 | N/A | 0.2 | -80.9% |
Germany | N/A | 7.2 | N/A | N/A | 0% |
Zambia | N/A | 30.3 | N/A | N/A | 0% |
Others | 0.8 | 0.4 | 0.1 | 1.4 | 20.5% |
Total | 6.6 | 46.6 | 53.1 | 68.9 | 118.6% |
Top Export Markets for Alcohols; Polyhydric, Mannitol from South Africa in 2022:
- Uganda (undefined tons)
- Zimbabwe (3.7 tons)
- Saudi Arabia (3.4 tons)
- Malawi (0.3 tons)
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