South Africa - Propene (Propylene) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPropene Price in South Africa - 2023
Contents:
- Propene Price in South Africa (CIF) - 2022
- Propene Price in South Africa (FOB) - 2022
- Propene Imports in South Africa
- Propene Exports in South Africa
Propene Price in South Africa (CIF) - 2022
The average propene import price stood at $7,984 per ton in 2022, growing by 4.5% against the previous year. Overall, the import price, however, recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2014 an increase of 91% against the previous year. Over the period under review, average import prices reached the maximum at $13,554 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($9,039 per ton), while the price for the United States ($6,301 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.1%).
Propene Price in South Africa (FOB) - 2022
The average propene export price stood at $1,951 per ton in 2022, shrinking by -16.2% against the previous year. Over the period under review, the export price, however, posted a measured expansion. The most prominent rate of growth was recorded in 2013 an increase of 146% against the previous year. As a result, the export price attained the peak level of $3,258 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Malawi ($3,485 per ton), while the average price for exports to Swaziland ($794 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 Ghana (+2,678.8%), while the prices for the other major destinations experienced mixed trend patterns.
Propene Imports in South Africa
In 2022, propene imports into South Africa shrank to 26 tons, which is down by -4.5% on the previous year. Over the period under review, total imports indicated noticeable growth from 2019 to 2022: its volume increased at an average annual rate of +2.2% 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 +62.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 70% against the previous year. As a result, imports attained the peak of 27 tons, and then dropped in the following year.
In value terms, propene imports fell modestly to $207K in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +10.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 77% against the previous year. As a result, imports attained the peak of $207K, leveling off in the following year.
| Import of Propene in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 74.1 | 87.2 | 126 | 122 | 18.1% |
| United States | 56.3 | 1.9 | 60.7 | 65.2 | 5.0% |
| Sweden | N/A | N/A | N/A | 11.2 | 0% |
| United Kingdom | 18.4 | 8.1 | 6.5 | N/A | -40.6% |
| Others | 4.0 | 20.0 | 13.6 | 8.5 | 28.6% |
| Total | 153 | 117 | 207 | 207 | 10.6% |
Top Suppliers of Propene to South Africa in 2022:
- China (13.5 tons)
- United States (10.4 tons)
- Sweden (1.5 tons)
Propene Exports in South Africa
In 2022, overseas shipments of propene (propylene) were finally on the rise to reach 37 tons after two years of decline. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, propene exports surged to $71K in 2022. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Propene in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zimbabwe | N/A | N/A | N/A | 49.9 | 0% |
| Malawi | N/A | N/A | 6.2 | 10.5 | 69.4% |
| Namibia | 0.8 | N/A | N/A | 6.7 | 103.1% |
| Botswana | 3.1 | 3.9 | 4.8 | 2.3 | -9.5% |
| Swaziland | N/A | 0.3 | N/A | 0.9 | 73.2% |
| Lesotho | 12.0 | N/A | N/A | 0.2 | -74.5% |
| Zambia | 0.1 | 5.0 | N/A | N/A | 4900.0% |
| Ghana | 5.4 | 0.7 | N/A | N/A | -87.0% |
| Others | 4.9 | 14.9 | 3.6 | 0.9 | -43.2% |
| Total | 26.2 | 24.8 | 14.7 | 71.3 | 39.6% |
Top Export Markets for Propene from South Africa in 2022:
- Zimbabwe (28.2 tons)
- Malawi (3.0 tons)
- Namibia (2.2 tons)
- Botswana (1.8 tons)
- Swaziland (1.1 tons)
- Lesotho (0.1 tons)
This report provides an in-depth analysis of the propene 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 20141140 - Propene (propylene)
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
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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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