Report Update: Apr 1, 2024

South Africa - Mixtures Of Odoriferous Substances And Their Preparations - Market Analysis, Forecast, Size, Trends and Insights

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Odoriferous Substance Mixture Price in South Africa - 2023

Odoriferous Substance Mixture Price in South Africa (CIF) - 2022

In 2022, the average odoriferous substance mixture import price amounted to $26,966 per ton, increasing by 23% against the previous year. In general, the import price, however, showed a noticeable reduction. Over the period under review, average import prices attained the maximum at $34,258 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Swaziland ($63,578 per ton), while the price for the United States ($9,785 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Odoriferous Substance Mixture Price in South Africa (FOB) - 2023

In September 2023, the average odoriferous substance mixture export price amounted to $5,833 per ton, with an increase of 9.3% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.1%. The pace of growth was the most pronounced in July 2023 an increase of 26% m-o-m. The export price peaked at $6,111 per ton in April 2023; however, from May 2023 to September 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Tanzania ($12,672 per ton), while the average price for exports to Malaysia ($988 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Odoriferous Substance Mixture Imports in South Africa

Odoriferous substance mixture imports into South Africa declined remarkably to 21K tons in 2022, dropping by -20.8% compared with the previous year's figure. The total import volume increased at an average annual rate of +1.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 44%. As a result, imports attained the peak of 26K tons, and then declined remarkably in the following year.

In value terms, odoriferous substance mixture imports shrank modestly to $559M in 2022. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 20%. As a result, imports attained the peak of $574M, and then shrank modestly in the following year.

Import of Odoriferous Substance Mixture in South Africa (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Swaziland	351	289	352	332	-1.8%
India	32.0	35.6	44.9	42.3	9.7%
Germany	32.6	32.3	42.1	40.5	7.5%
France	24.1	23.7	24.0	27.1	4.0%
Switzerland	30.1	18.8	17.3	18.4	-15.1%
Netherlands	17.3	16.8	15.6	17.9	1.1%
United States	16.3	14.6	18.9	16.9	1.2%
United Kingdom	11.6	9.5	10.5	9.9	-5.1%
Belgium	8.8	5.9	5.3	3.6	-25.8%
Others	34.4	33.1	43.4	50.9	14.0%
Total	558	479	574	559	0.1%

Top Suppliers of Odoriferous Substance Mixture to South Africa in 2022:

Swaziland (5.2K tons)
India (3.4K tons)
Germany (3.2K tons)
France (2.0K tons)
United States (1.7K tons)
Netherlands (1.1K tons)
Switzerland (0.6K tons)
United Kingdom (0.5K tons)
Belgium (0.3K tons)

Odoriferous Substance Mixture Exports in South Africa

After three years of growth, shipments abroad of mixtures of odoriferous substances and their preparations decreased by -0.5% to 17K tons in 2022. The total export volume increased at an average annual rate of +8.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 14% against the previous year. As a result, the exports reached the peak of 17K tons, leveling off in the following year.

In value terms, odoriferous substance mixture exports shrank to $78M in 2022. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 21%. As a result, the exports attained the peak of $83M, and then contracted in the following year.

Export of Odoriferous Substance Mixture in South Africa (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Zambia	10.0	12.6	18.3	17.1	19.6%
Nigeria	8.9	9.7	14.2	9.6	2.6%
Swaziland	31.9	15.9	9.3	8.0	-36.9%
Tanzania	2.7	3.4	5.5	7.4	39.9%
Malawi	6.5	7.6	8.8	6.6	0.5%
Kenya	4.0	3.8	5.4	6.3	16.3%
Zimbabwe	2.7	5.6	6.2	5.7	28.3%
Sierra Leone	0.5	0.3	1.0	2.1	61.3%
Democratic Republic of the Congo	0.6	0.9	1.2	2.0	49.4%
Mozambique	2.2	1.9	2.4	2.0	-3.1%
Angola	0.3	0.4	0.7	0.8	38.7%
Lesotho	0.6	0.7	0.4	0.3	-20.6%
Others	5.1	6.1	9.6	10.1	25.6%
Total	76.0	68.7	82.8	78.0	0.9%

Top Export Markets for Odoriferous Substance Mixture from South Africa in 2022:

Zambia (3.4K tons)
Swaziland (3.1K tons)
Malawi (2.6K tons)
Nigeria (1.3K tons)
Kenya (1.0K tons)
Zimbabwe (0.9K tons)
Tanzania (0.8K tons)
Democratic Republic of the Congo (0.6K tons)
Angola (0.4K tons)
Sierra Leone (0.4K tons)
Mozambique (0.4K tons)
Lesotho (0.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the odoriferous substance mixture 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 20531075 - Mixtures of odoriferous substances of a kind used in the food or drink industries
Prodcom 20531079 - Mixtures of odoriferous substances (excluding those of a kind used in the food or drink industries)

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