Price for Ethylene Polymers; Waste, Parings and Scrap in South Africa - 2024

Contents:

1. Price for Ethylene Polymers; Waste, Parings and Scrap in South Africa (FOB) - 2022
2. Price for Ethylene Polymers; Waste, Parings and Scrap in South Africa (CIF) - 2022
3. Exports of Ethylene Polymers; Waste, Parings and Scrap in South Africa
4. Imports of Ethylene Polymers; Waste, Parings and Scrap in South Africa

Price for Ethylene Polymers; Waste, Parings and Scrap in South Africa (FOB) - 2022

The average export price for ethylene polymers; waste, parings and scraps stood at $643 per ton in 2022, dropping by -14.9% against the previous year. Over the period under review, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for ethylene polymers; waste, parings and scraps decreased by -28.6% against 2019 indices. The pace of growth appeared the most rapid in 2019 an increase of 99% against the previous year. As a result, the export price attained the peak level of $900 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mozambique ($1,308 per ton), while the average price for exports to Malawi ($186 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 Zimbabwe (+0.5%), while the prices for the other major destinations experienced a decline.

Price for Ethylene Polymers; Waste, Parings and Scrap in South Africa (CIF) - 2022

The average import price for ethylene polymers; waste, parings and scraps stood at $209 per ton in 2022, surging by 18% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 98%. Over the period under review, average import prices reached the maximum at $319 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 Namibia ($252 per ton), while the price for Botswana ($98 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mauritius (+8.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Ethylene Polymers; Waste, Parings and Scrap in South Africa

In 2022, the amount of ethylene polymers; waste, parings and scraps exported from South Africa rose notably to 961 tons, picking up by 11% against 2021 figures. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 67% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of ethylene polymers; waste, parings and scraps shrank to $618K in 2022. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 85%. As a result, the exports attained the peak of $653K, and then declined in the following year.

Top Export Markets for Ethylene Polymers; Waste, Parings and Scrap from South Africa in 2022:

1. Malaysia (416.1 tons)
2. Zimbabwe (360.4 tons)
3. Mozambique (60.6 tons)
4. Pakistan (49.6 tons)
5. India (49.4 tons)
6. Malawi (23.9 tons)

Imports of Ethylene Polymers; Waste, Parings and Scrap in South Africa

In 2022, approx. 2.8K tons of ethylene polymers; waste, parings and scraps were imported into South Africa; dropping by -16% on the previous year. In general, imports showed a drastic downturn. The smallest decline of -4% was in 2021.

In value terms, imports of ethylene polymers; waste, parings and scraps declined to $578K in 2022. Over the period under review, imports recorded a precipitous curtailment. The growth pace was the most rapid in 2021 with an increase of 1.5%.

Top Suppliers of Ethylene Polymers; Waste, Parings and Scrap to South Africa in 2022:

1. Namibia (1897.1 tons)
2. Botswana (600.3 tons)
3. Lesotho (82.9 tons)
4. Swaziland (35.8 tons)

Source: IndexBox Market Intelligence Platform