South Africa - Crude Glycerol, Glycerine Waters And Lyes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCrude Glycerol Price in South Africa - 2023
Contents:
- Crude Glycerol Price in South Africa (CIF) - 2022
- Crude Glycerol Price in South Africa (FOB) - 2023
- Crude Glycerol Imports in South Africa
- Crude Glycerol Exports in South Africa
Crude Glycerol Price in South Africa (CIF) - 2022
In 2022, the average crude glycerol import price amounted to $414 per ton, increasing by 2.4% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 66%. The import price peaked at $423 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($1,318 per ton), while the price for Brazil ($330 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+17.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Crude Glycerol Price in South Africa (FOB) - 2023
The average crude glycerol export price stood at $4,235 per ton in July 2023, with an increase of 22% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in May 2023 when the average export price increased by 43% against the previous month. The export price peaked at $4,559 per ton in November 2022; however, from December 2022 to July 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Botswana ($7,412 per ton), while the average price for exports to Lesotho ($1,017 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+64.6%), while the prices for the other major destinations experienced more modest paces of growth.
Crude Glycerol Imports in South Africa
In 2022, approx. 25K tons of crude glycerol, glycerine waters and lyes were imported into South Africa; jumping by 92% compared with 2021. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, crude glycerol imports soared to $10M in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Crude Glycerol in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Portugal | 1.0 | 1.1 | 2.4 | 5.0 | 71.0% |
Brazil | 0.2 | 1.5 | 1.8 | 3.7 | 164.5% |
Argentina | 0.5 | N/A | 0.5 | 0.8 | 17.0% |
Colombia | N/A | N/A | N/A | 0.6 | 0% |
Others | 0.1 | 0.2 | 0.5 | 0.2 | 26.0% |
Total | 1.8 | 2.7 | 5.2 | 10.3 | 78.9% |
Top Suppliers of Crude Glycerol to South Africa in 2022:
- Portugal (12.3K tons)
- Brazil (11.1K tons)
- Colombia (0.7K tons)
- Argentina (0.6K tons)
Crude Glycerol Exports in South Africa
In 2022, the amount of crude glycerol, glycerine waters and lyes exported from South Africa surged to 914 tons, jumping by 32% compared with the year before. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +10.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +107.4% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 58% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, crude glycerol exports surged to $1.9M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +19.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.0% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Crude Glycerol in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Botswana | 224 | 270 | 182 | 504 | 31.0% |
Democratic Republic of the Congo | 297 | 161 | 375 | 407 | 11.1% |
Mozambique | 170 | 89.8 | 144 | 208 | 7.0% |
Zimbabwe | 71.5 | 68.1 | 31.9 | 142 | 25.7% |
Malawi | 8.6 | N/A | 122 | 93.9 | 121.8% |
Zambia | 18.3 | 2.8 | 0.1 | 91.3 | 70.9% |
Ethiopia | 19.5 | 7.2 | 64.2 | 66.0 | 50.1% |
Namibia | 25.6 | 26.7 | 37.8 | 65.2 | 36.6% |
Tanzania | 127 | 42.6 | 67.3 | 64.1 | -20.4% |
Lesotho | 30.3 | 39.2 | 54.4 | 33.3 | 3.2% |
Others | 129 | 392 | 165 | 228 | 20.9% |
Total | 1,121 | 1,099 | 1,244 | 1,902 | 19.3% |
Top Export Markets for Crude Glycerol from South Africa in 2022:
- Mozambique (434.0 tons)
- Democratic Republic of the Congo (108.0 tons)
- Botswana (79.5 tons)
- Zimbabwe (56.3 tons)
- Zambia (48.4 tons)
- Malawi (36.1 tons)
- Ethiopia (25.7 tons)
- Namibia (20.7 tons)
- Lesotho (20.5 tons)
- Tanzania (13.7 tons)
This report provides an in-depth analysis of the crude glycerol 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 20411000 - Glycerol (glycerine), crude, glycerol waters and glycerol lyes
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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