Report Update: May 1, 2024

South Africa - Naphthalene And Other Aromatic Hydrocarbon Mixtures - Market Analysis, Forecast, Size, Trends And Insights

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Aromatic Hydrocarbon Mixtures Price in South Africa - 2023

Aromatic Hydrocarbon Mixtures Price in South Africa (CIF) - 2023

In September 2023, the average aromatic hydrocarbon mixtures import price amounted to $495 per ton, waning by -12.2% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 an increase of 19% against the previous month. Over the period under review, average import prices attained the maximum at $637 per ton in November 2022; however, from December 2022 to September 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was South Korea ($1,076 per ton), while the price for Bahrain ($374 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Tanzania (+1.0%), while the prices for the other major suppliers experienced a decline.

Aromatic Hydrocarbon Mixtures Price in South Africa (FOB) - 2023

The average aromatic hydrocarbon mixtures export price stood at $717 per ton in September 2023, growing by 9.1% against the previous month. Overall, the export price, however, saw a abrupt downturn. The most prominent rate of growth was recorded in June 2023 an increase of 234% against the previous month. As a result, the export price reached the peak level of $2,886 per ton. From July 2023 to September 2023, the the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Zimbabwe.

From September 2022 to September 2023, the rate of growth in terms of prices for Mozambique amounted to -1.1% per month.

Aromatic Hydrocarbon Mixtures Imports in South Africa

In 2022, approx. 25K tons of naphthalene and other aromatic hydrocarbon mixtures were imported into South Africa; increasing by 167% compared with the previous year. In general, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 255%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, aromatic hydrocarbon mixtures imports skyrocketed to $18M in 2022. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 226%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Import of Aromatic Hydrocarbon Mixtures in South Africa (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Tanzania	N/A	N/A	54.6	3,826	6907.3%
South Korea	125	98.4	533	2,926	186.1%
United Arab Emirates	N/A	29.4	311	2,366	797.1%
Israel	708	810	1,306	1,958	40.4%
Netherlands	130	500	1,831	1,184	108.8%
Taiwan (Chinese)	129	63.5	109	1,149	107.3%
Belgium	230	210	768	1,040	65.4%
Bahrain	N/A	N/A	N/A	934	0%
Singapore	N/A	N/A	832	635	-23.7%
India	139	113	259	251	21.8%
Others	264	537	1,696	1,656	84.4%
Total	1,724	2,361	7,701	17,924	118.3%

Top Suppliers of Aromatic Hydrocarbon Mixtures to South Africa in 2022:

Tanzania (8.3K tons)
United Arab Emirates (5.3K tons)
Bahrain (2.1K tons)
South Korea (2.1K tons)
Israel (1.9K tons)
Netherlands (1.2K tons)
Taiwan (Chinese) (1.1K tons)
Belgium (0.7K tons)
Singapore (0.6K tons)
India (0.2K tons)

Aromatic Hydrocarbon Mixtures Exports in South Africa

For the third year in a row, South Africa recorded decline in shipments abroad of naphthalene and other aromatic hydrocarbon mixtures, which decreased by -78% to 1.7K tons in 2022. In general, exports showed a significant decline. The smallest decline of -43.8% was in 2020.

In value terms, aromatic hydrocarbon mixtures exports fell remarkably to $1.5M in 2022. Over the period under review, exports saw a sharp reduction.

Export of Aromatic Hydrocarbon Mixtures in South Africa (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Zimbabwe	N/A	1.0	3.4	1.4	18.3%
Switzerland	17.1	4.8	N/A	N/A	-71.9%
Mozambique	N/A	N/A	N/A	N/A	0%
Singapore	8.6	1.4	N/A	N/A	-83.7%
Others	87.7	30.0	0.1	0.1	-89.6%
Total	113	37.2	3.5	1.5	-76.3%

Top Export Markets for Aromatic Hydrocarbon Mixtures from South Africa in 2022:

Zimbabwe (1662.6 tons)
Mozambique (25.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the aromatic hydrocarbon mixtures 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 20147340 - Naphthalene and other aromatic hydrocarbon mixtures (excluding benzole, toluole, xylole)

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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