South Africa - Industrial Fatty Alcohols - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIndustrial Fatty Alcohols Price in South Africa - 2023
Contents:
- Industrial Fatty Alcohols Price in South Africa (FOB) - 2023
- Industrial Fatty Alcohols Price in South Africa (CIF) - 2023
- Industrial Fatty Alcohols Exports in South Africa
- Industrial Fatty Alcohols Imports in South Africa
Industrial Fatty Alcohols Price in South Africa (FOB) - 2023
The average industrial fatty alcohols export price stood at $1,778 per ton in July 2023, increasing by 11% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 an increase of 16% m-o-m. Over the period under review, the average export prices reached the maximum at $2,063 per ton in October 2022; however, from November 2022 to July 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($1,953 per ton), while the average price for exports to China ($939 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 Belgium (-0.4%), while the prices for the other major destinations experienced a decline.
Industrial Fatty Alcohols Price in South Africa (CIF) - 2023
The average industrial fatty alcohols import price stood at $2,214 per ton in July 2023, jumping by 40% against the previous month. Over the period under review, the import price, however, recorded a pronounced reduction. The import price peaked at $3,666 per ton in August 2022; however, from September 2022 to July 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($4,057 per ton), while the price for Thailand ($1,416 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Belgium (+0.4%), while the prices for the other major suppliers experienced a decline.
Industrial Fatty Alcohols Exports in South Africa
In 2022, the amount of industrial fatty alcohols exported from South Africa contracted to 64K tons, with a decrease of -12.5% compared with the previous year's figure. Over the period under review, exports showed a deep contraction. The smallest decline of -2.6% was in 2021.
In value terms, industrial fatty alcohols exports rose modestly to $118M in 2022. The total export value increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 15%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.
| Export of Industrial Fatty Alcohols in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 63.4 | 56.5 | 63.8 | 70.6 | 3.7% |
| Singapore | 13.7 | 13.3 | 17.5 | 16.8 | 7.0% |
| Belgium | 15.4 | 11.5 | 12.0 | 15.4 | 0.0% |
| Japan | 15.9 | 13.3 | 20.5 | 14.9 | -2.1% |
| China | 3.5 | 3.9 | N/A | N/A | 11.4% |
| Others | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| Total | 112 | 98.7 | 114 | 118 | 1.8% |
Top Export Markets for Industrial Fatty Alcohols from South Africa in 2022:
- United States (37.9K tons)
- Singapore (9.7K tons)
- Japan (8.7K tons)
- Belgium (8.1K tons)
Industrial Fatty Alcohols Imports in South Africa
In 2022, approx. 3.8K tons of industrial fatty alcohols were imported into South Africa; approximately reflecting 2021. Over the period under review, imports, however, continue to indicate a pronounced curtailment. The growth pace was the most rapid in 2020 with an increase of 14%. As a result, imports attained the peak of 4.6K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, industrial fatty alcohols imports rose to $7.6M in 2022. The total import value increased at an average annual rate of +8.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 17% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Industrial Fatty Alcohols in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 3.1 | 2.6 | 3.5 | 4.0 | 8.9% |
| Indonesia | 1.4 | 1.9 | 1.2 | 1.7 | 6.7% |
| Thailand | 0.3 | 0.5 | 0.8 | 0.7 | 32.6% |
| Malaysia | 0.1 | 0.5 | 0.7 | 0.6 | 81.7% |
| Germany | 0.5 | 0.6 | 0.7 | 0.4 | -7.2% |
| Others | 0.6 | 0.2 | 0.6 | 0.3 | -20.6% |
| Total | 6.0 | 6.3 | 7.4 | 7.6 | 8.2% |
Top Suppliers of Industrial Fatty Alcohols to South Africa in 2022:
- India (1842.8 tons)
- Indonesia (927.0 tons)
- Thailand (398.2 tons)
- Malaysia (345.1 tons)
- Germany (138.9 tons)
This report provides an in-depth analysis of the industrial fatty alcohols 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 20142100 - Industrial fatty alcohols
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
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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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