South Africa - Ethylene Glycol (Ethanediol) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEthylene Glycol Price in South Africa - 2023
Contents:
- Ethylene Glycol Price in South Africa (CIF) - 2022
- Ethylene Glycol Price in South Africa (FOB) - 2022
- Ethylene Glycol Imports in South Africa
- Ethylene Glycol Exports in South Africa
Ethylene Glycol Price in South Africa (CIF) - 2022
In 2022, the average ethylene glycol import price amounted to $921 per ton, increasing by 28% against the previous year. In general, the import price, however, showed a slight descent. The most prominent rate of growth was recorded in 2021 an increase of 36%. The import price peaked at $1,084 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 ($1,419 per ton), while the price for Saudi Arabia ($886 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Ethylene Glycol Price in South Africa (FOB) - 2022
In 2022, the average ethylene glycol export price amounted to $2,338 per ton, growing by 30% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $2,413 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($11,608 per ton), while the average price for exports to Malawi ($1,311 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 Cote d'Ivoire (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.
Ethylene Glycol Imports in South Africa
In 2022, the amount of ethylene glycol (ethanediol) imported into South Africa shrank sharply to 71K tons, declining by -18.7% compared with the previous year. In general, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 33% against the previous year. As a result, imports reached the peak of 87K tons, and then shrank sharply in the following year.
In value terms, ethylene glycol imports expanded to $65M in 2022. Over the period under review, total imports indicated a measured increase from 2019 to 2022: its value increased at an average annual rate of +3.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 80% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Import of Ethylene Glycol in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 52.5 | 30.6 | 58.1 | 57.8 | 3.3% |
| United States | 0.9 | 0.8 | 0.3 | 1.9 | 28.3% |
| Thailand | 2.8 | 0.8 | 0.3 | 0.1 | -67.1% |
| Others | 2.5 | 2.7 | 4.1 | 5.6 | 30.8% |
| Total | 58.7 | 34.9 | 62.9 | 65.3 | 3.6% |
Top Suppliers of Ethylene Glycol to South Africa in 2022:
- Saudi Arabia (65.2K tons)
- United States (1.5K tons)
- Thailand (0.2K tons)
Ethylene Glycol Exports in South Africa
In 2022, after three years of growth, there was significant decline in shipments abroad of ethylene glycol (ethanediol), when their volume decreased by -41.2% to 307 tons. In general, total exports indicated a mild expansion from 2019 to 2022: its volume increased at an average annual rate of +1.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 44% against the previous year. As a result, the exports reached the peak of 523 tons, and then reduced rapidly in the following year.
In value terms, ethylene glycol exports declined notably to $718K in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +9.4% 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 +30.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 62%. As a result, the exports reached the peak of $939K, and then reduced rapidly in the following year.
| Export of Ethylene Glycol in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zambia | 106 | 46.3 | 160 | 135 | 8.4% |
| Tanzania | 2.2 | 18.0 | 11.5 | 109 | 267.3% |
| Angola | N/A | 267 | 0.6 | 95.1 | -40.3% |
| Ghana | 28.4 | 33.4 | 126 | 88.9 | 46.3% |
| Cote d'Ivoire | 67.4 | 77.0 | 80.7 | 84.9 | 8.0% |
| Zimbabwe | 21.8 | 14.5 | 49.6 | 39.8 | 22.2% |
| Namibia | 16.2 | 7.1 | 12.4 | 32.9 | 26.6% |
| Botswana | 30.6 | 36.8 | 47.9 | 29.3 | -1.4% |
| Mozambique | 35.9 | 9.8 | 360 | 22.8 | -14.0% |
| Malawi | 35.7 | 9.1 | 19.4 | 9.3 | -36.1% |
| Norway | 106 | N/A | N/A | N/A | 0% |
| Others | 98.3 | 59.5 | 71.5 | 72.0 | -9.9% |
| Total | 549 | 578 | 939 | 718 | 9.4% |
Top Export Markets for Ethylene Glycol from South Africa in 2022:
- Zambia (86.9 tons)
- Angola (63.0 tons)
- Tanzania (56.4 tons)
- Namibia (20.7 tons)
- Zimbabwe (17.5 tons)
- Mozambique (13.7 tons)
- Botswana (12.3 tons)
- Ghana (10.2 tons)
- Cote d'Ivoire (7.3 tons)
- Malawi (7.1 tons)
This report provides an in-depth analysis of the ethylene glycol 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 20142310 - Ethylene glycol (ethanediol)
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
-
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
-
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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