South Africa - Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polyethylene with A Specific Gravity of Less than 0.94 in South Africa - 2023
Contents:
- Price for Polyethylene with A Specific Gravity of Less than 0.94 in South Africa (CIF) - 2023
- Price for Polyethylene with A Specific Gravity of Less than 0.94 in South Africa (FOB) - 2023
- Imports of Polyethylene with A Specific Gravity of Less than 0.94 in South Africa
- Exports of Polyethylene with A Specific Gravity of Less than 0.94 in South Africa
Price for Polyethylene with A Specific Gravity of Less than 0.94 in South Africa (CIF) - 2023
In November 2023, the average import price for polyethylene with a specific gravity of less than 0.94, in primary forms amounted to $1,064 per ton, waning by -1.7% against the previous month. In general, the import price showed a slight reduction. The growth pace was the most rapid in June 2023 an increase of 19% month-to-month. As a result, import price reached the peak level of $1,671 per ton. From July 2023 to November 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Finland ($1,950 per ton), while the price for Saudi Arabia ($870 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by South Korea (+1.3%), while the prices for the other major suppliers experienced a decline.
Price for Polyethylene with A Specific Gravity of Less than 0.94 in South Africa (FOB) - 2023
In November 2023, the average export price for polyethylene with a specific gravity of less than 0.94, in primary forms amounted to $1,152 per ton, picking up by 2.5% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in October 2023 an increase of 9.3% against the previous month. Over the period under review, the average export prices hit record highs at $1,304 per ton in December 2022; however, from January 2023 to November 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Namibia ($1,381 per ton), while the average price for exports to China ($602 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Swaziland (+0.0%), while the prices for the other major destinations experienced a decline.
Imports of Polyethylene with A Specific Gravity of Less than 0.94 in South Africa
In 2022, the amount of polyethylene with a specific gravity of less than 0.94, in primary forms imported into South Africa skyrocketed to 143K tons, jumping by 57% against the year before. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +17.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.7% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of polyethylene with a specific gravity of less than 0.94, in primary forms soared to $210M in 2022. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Polyethylene with A Specific Gravity of Less than 0.94 in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 33.2 | 27.6 | 55.4 | 101 | 44.9% |
| United States | 9.6 | 9.4 | 10.9 | 24.6 | 36.8% |
| Qatar | 3.8 | 2.2 | 8.2 | 15.3 | 59.1% |
| Spain | 3.5 | 2.3 | 2.3 | 8.0 | 31.7% |
| Finland | 5.6 | 3.2 | 1.8 | 7.5 | 10.2% |
| India | 1.6 | 1.4 | 1.7 | 6.6 | 60.4% |
| South Korea | 8.2 | 4.6 | 3.9 | 6.1 | -9.4% |
| Oman | N/A | N/A | 1.0 | 4.8 | 380.0% |
| Singapore | 7.7 | 3.1 | 3.0 | 4.1 | -18.9% |
| Thailand | 2.2 | 1.4 | 1.4 | 3.8 | 20.0% |
| Belgium | 3.7 | 3.7 | 2.6 | 3.1 | -5.7% |
| Others | 18.8 | 16.7 | 22.8 | 25.0 | 10.0% |
| Total | 98.1 | 75.5 | 115 | 210 | 28.9% |
Top Suppliers of Polyethylene with A Specific Gravity of Less than 0.94 to South Africa in 2022:
- Saudi Arabia (75.9K tons)
- United States (16.1K tons)
- Qatar (10.0K tons)
- India (5.5K tons)
- Spain (4.6K tons)
- South Korea (3.7K tons)
- Oman (3.6K tons)
- Finland (2.9K tons)
- Singapore (2.8K tons)
- Thailand (2.4K tons)
- Belgium (2.2K tons)
Exports of Polyethylene with A Specific Gravity of Less than 0.94 in South Africa
After two years of decline, shipments abroad of polyethylene with a specific gravity of less than 0.94, in primary forms increased by 7.6% to 87K tons in 2022. Over the period under review, exports, however, saw a abrupt descent.
In value terms, exports of polyethylene with a specific gravity of less than 0.94, in primary forms amounted to $128M in 2022. The total export value increased at an average annual rate of +5.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 30% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Polyethylene with A Specific Gravity of Less than 0.94 in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zambia | 10.2 | 12.9 | 22.7 | 23.2 | 31.5% |
| Zimbabwe | 15.0 | 12.9 | 22.4 | 21.7 | 13.1% |
| Botswana | 6.5 | 6.5 | 9.0 | 14.0 | 29.1% |
| Namibia | 2.3 | 4.7 | 11.3 | 11.9 | 73.0% |
| Malawi | 5.9 | 7.3 | 11.3 | 9.7 | 18.0% |
| China | 30.5 | 21.0 | 3.8 | 9.1 | -33.2% |
| Mozambique | 4.3 | 4.3 | 6.9 | 5.9 | 11.1% |
| Swaziland | 2.0 | 2.7 | 3.5 | 4.6 | 32.0% |
| United Kingdom | N/A | N/A | 0.3 | 2.5 | 733.3% |
| Nigeria | 4.6 | 1.3 | 0.1 | 2.3 | -20.6% |
| Lesotho | 0.4 | 1.0 | 1.4 | 2.0 | 71.0% |
| Italy | 1.9 | 0.6 | 1.8 | 1.5 | -7.6% |
| Vietnam | 4.6 | 0.2 | 1.8 | 1.0 | -39.9% |
| Others | 22.3 | 14.1 | 20.3 | 19.2 | -4.9% |
| Total | 111 | 89.5 | 117 | 128 | 4.9% |
Top Export Markets for Polyethylene with A Specific Gravity of Less than 0.94 from South Africa in 2022:
- Zambia (13.6K tons)
- Zimbabwe (13.3K tons)
- China (10.2K tons)
- Botswana (8.5K tons)
- Namibia (6.8K tons)
- Malawi (6.6K tons)
- Mozambique (3.4K tons)
- Swaziland (2.9K tons)
- United Kingdom (2.3K tons)
- Nigeria (1.5K tons)
- Lesotho (1.4K tons)
- Italy (1.3K tons)
- Vietnam (0.9K tons)
This report provides an in-depth analysis of the market for polyethylene with a specific gravity of less than 0.94 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 20161035 - Linear polyethylene having a specific gravity < 0,94, in primary forms
- Prodcom 20161039 - Polyethylene having a specific gravity < 0,94, in primary forms (excluding linear)
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- 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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