Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in South Africa - 2024
Contents:
- Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in South Africa (CIF) - 2022
- Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in South Africa (FOB) - 2022
- Imports of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in South Africa
- Exports of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in South Africa
Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in South Africa (CIF) - 2022
The average import price for alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 stood at $22,547 per ton in 2022, with an increase of 9.2% against the previous year. Over the period under review, the import price, however, showed a pronounced contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 785% against the previous year. As a result, import price reached the peak level of $39,195 per ton. From 2020 to 2022, the average import prices remained at a 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 Japan ($53,917 per ton), while the price for Belgium ($4,734 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in South Africa (FOB) - 2022
In 2022, the average export price for alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 amounted to $1,175 per ton, declining by -5.3% against the previous year. In general, the export price, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2013 an increase of 386%. The export price peaked at $10,029 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($79,538 per ton), while the average price for exports to Botswana ($276 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 Uganda (+100.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in South Africa
In 2022, purchases abroad of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 decreased by -12.9% to 29 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 265%. As a result, imports reached the peak of 33 tons, and then declined in the following year.
In value terms, imports of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 shrank slightly to $645K in 2022. Over the period under review, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 181%. As a result, imports reached the peak of $679K, and then contracted in the following year.
| Import of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 113 | 47.0 | 320 | 248 | 30.0% |
| Japan | 80.8 | 84.1 | 158 | 218 | 39.2% |
| India | 0.7 | 34.9 | 106 | 72.8 | 370.3% |
| United States | 13.5 | 22.2 | 19.6 | 49.5 | 54.2% |
| Romania | 4.7 | 27.0 | 26.9 | 30.2 | 85.9% |
| France | N/A | N/A | N/A | 13.8 | 0% |
| Germany | 19.4 | 16.4 | 26.2 | 3.2 | -45.2% |
| Others | 2.4 | 10.3 | 21.7 | 9.3 | 57.1% |
| Total | 234 | 242 | 679 | 645 | 40.2% |
Top Suppliers of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 to South Africa in 2022:
- China (21.0 tons)
- Japan (4.0 tons)
- United States (3.3 tons)
- India (1.7 tons)
- France (1.5 tons)
- Romania (0.6 tons)
- Germany (0.1 tons)
Exports of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in South Africa
In 2022, shipments abroad of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 was finally on the rise to reach 68 tons after two years of decline. In general, exports continue to indicate a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 surged to $80K in 2022. Overall, exports continue to indicate resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 77.2 | 0% |
| Uganda | N/A | N/A | N/A | 1.8 | 0% |
| Namibia | 36.1 | 36.4 | 30.5 | 0.7 | -73.1% |
| Botswana | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Zimbabwe | 14.9 | 9.5 | N/A | N/A | -36.2% |
| Zambia | 15.5 | 0.9 | N/A | N/A | -94.2% |
| Others | 0.3 | 4.1 | 2.0 | 0.1 | -30.7% |
| Total | 66.8 | 51.1 | 32.6 | 80.2 | 6.3% |
Top Export Markets for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 from South Africa in 2022:
- Botswana (1.1 tons)
- Germany (1.0 tons)
- Namibia (0.6 tons)
- Uganda (0.1 tons)
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