Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in South Africa - 2024

Contents:

1. Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in South Africa (FOB) - 2022
2. Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in South Africa (CIF) - 2022
3. Exports of Liquefied Ethylene, Propylene, Butylene and Butadiene in South Africa
4. Imports of Liquefied Ethylene, Propylene, Butylene and Butadiene in South Africa

Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in South Africa (FOB) - 2022

In 2022, the average export price for liquefied ethylene, propylene, butylene and butadienes amounted to $47 per ton, reducing by -48.6% against the previous year. In general, the export price continues to indicate a precipitous contraction. The growth pace was the most rapid in 2018 when the average export price increased by 62% against the previous year. Over the period under review, the average export prices hit record highs at $1,204 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Lesotho ($207 per ton), while the average price for exports to Botswana ($194 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 (+6.0%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in South Africa (CIF) - 2022

In 2022, the average import price for liquefied ethylene, propylene, butylene and butadienes amounted to $3,606 per ton, shrinking by -25.8% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 81% against the previous year. As a result, import price reached the peak level of $8,023 per ton. From 2018 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($5,852 per ton), while the price for India ($500 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+38.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Liquefied Ethylene, Propylene, Butylene and Butadiene in South Africa

After two years of decline, overseas shipments of liquefied ethylene, propylene, butylene and butadienes increased by 64% to 35 tons in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +16.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of liquefied ethylene, propylene, butylene and butadienes dropped rapidly to $1.7K in 2022. Overall, exports, however, faced a abrupt slump.

Top Export Markets for Liquefied Ethylene, Propylene, Butylene and Butadiene from South Africa in 2022:

1. Lesotho (162.6 tons)
2. Botswana (3.4 tons)
3. Namibia (1.1 tons)

Imports of Liquefied Ethylene, Propylene, Butylene and Butadiene in South Africa

In 2022, imports of liquefied ethylene, propylene, butylene and butadienes into South Africa skyrocketed to 30 tons, growing by 172% compared with 2021. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of liquefied ethylene, propylene, butylene and butadienes surged to $109K in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Liquefied Ethylene, Propylene, Butylene and Butadiene to South Africa in 2022:

1. China (27.8 tons)
2. India (1.6 tons)
3. Australia (0.7 tons)

Source: IndexBox Market Intelligence Platform