South Africa - Unsaturated Acyclic Hydrocarbons - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUnsaturated Acyclic Hydrocarbons Price in South Africa - 2023
Contents:
- Unsaturated Acyclic Hydrocarbons Price in South Africa (FOB) - 2023
- Unsaturated Acyclic Hydrocarbons Price in South Africa (CIF) - 2022
- Unsaturated Acyclic Hydrocarbons Exports in South Africa
- Unsaturated Acyclic Hydrocarbons Imports in South Africa
Unsaturated Acyclic Hydrocarbons Price in South Africa (FOB) - 2023
The average unsaturated acyclic hydrocarbons export price stood at $1,456 per ton in July 2023, waning by -6.9% against the previous month. Over the period under review, the export price continues to indicate a mild downturn. The growth pace was the most rapid in January 2023 when the average export price increased by 14% m-o-m. Over the period under review, the average export prices reached the peak figure at $1,797 per ton in September 2022; however, from October 2022 to July 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($2,628 per ton), while the average price for exports to the United States ($1,278 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+3.3%), while the prices for the other major destinations experienced mixed trend patterns.
Unsaturated Acyclic Hydrocarbons Price in South Africa (CIF) - 2022
The average unsaturated acyclic hydrocarbons import price stood at $1,510 per ton in 2022, with an increase of 48% against the previous year. Overall, the import price, however, saw a deep setback. The pace of growth appeared the most rapid in 2013 when the average import price increased by 143% against the previous year. The import price peaked at $7,945 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat 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 the United States ($2,074 per ton), while the price for the Netherlands ($1,014 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+45.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Unsaturated Acyclic Hydrocarbons Exports in South Africa
For the third year in a row, South Africa recorded decline in overseas shipments of unsaturated acyclic hydrocarbons, which decreased by -2.6% to 271K tons in 2022. In general, exports continue to indicate a deep reduction. The smallest decline of -1.8% was in 2020.
In value terms, unsaturated acyclic hydrocarbons exports skyrocketed to $446M in 2022. The total export value increased at an average annual rate of +1.6% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Unsaturated Acyclic Hydrocarbons in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 85.8 | 91.5 | 98.4 | 142 | 18.3% |
| United States | 129 | 86.4 | 114 | 134 | 1.3% |
| Belgium | 70.0 | 76.7 | 55.9 | 65.7 | -2.1% |
| Saudi Arabia | 38.3 | 25.0 | 24.5 | 34.8 | -3.1% |
| United Arab Emirates | 23.6 | 35.3 | 29.4 | 26.5 | 3.9% |
| Brazil | 5.4 | 8.7 | 11.5 | 12.1 | 30.9% |
| Thailand | 49.3 | 48.5 | 21.2 | N/A | -34.4% |
| Japan | 5.1 | 16.2 | 6.1 | N/A | 9.4% |
| Others | 18.8 | 21.1 | 21.1 | 29.7 | 16.5% |
| Total | 425 | 409 | 382 | 446 | 1.6% |
Top Export Markets for Unsaturated Acyclic Hydrocarbons from South Africa in 2022:
- United States (90.0K tons)
- Singapore (82.8K tons)
- Belgium (42.7K tons)
- Saudi Arabia (19.5K tons)
- United Arab Emirates (15.3K tons)
- Brazil (6.6K tons)
Unsaturated Acyclic Hydrocarbons Imports in South Africa
After three years of growth, purchases abroad of unsaturated acyclic hydrocarbons decreased by -29% to 1.7K tons in 2022. Overall, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 164%. As a result, imports reached the peak of 2.4K tons, and then shrank rapidly in the following year.
In value terms, unsaturated acyclic hydrocarbons imports totaled $2.6M in 2022. In general, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 166% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Unsaturated Acyclic Hydrocarbons in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 169 | 481 | 1,440 | 1,446 | 104.5% |
| United States | 82.9 | 69.2 | 155 | 904 | 121.8% |
| China | 574 | 175 | 97.4 | 47.3 | -56.5% |
| Netherlands | 109 | 114 | 543 | 23.2 | -40.3% |
| Portugal | N/A | 43.2 | 34.2 | N/A | -20.8% |
| Others | 77.4 | 37.4 | 184 | 162 | 27.9% |
| Total | 1,012 | 921 | 2,453 | 2,583 | 36.7% |
Top Suppliers of Unsaturated Acyclic Hydrocarbons to South Africa in 2022:
- Israel (1210.3 tons)
- United States (435.9 tons)
- Netherlands (22.9 tons)
- China (10.7 tons)
This report provides an in-depth analysis of the unsaturated acyclic hydrocarbons 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 20141190 - Unsaturated acyclic hydrocarbons (excluding ethylene, p ropene, butene, buta-1,3-diene and isoprene)
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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The exports of Unsaturated Acyclic Hydrocarbons peaked at 353K tons in 2019, but slightly declined from 2020 to 2023. The export value also decreased to $415M in 2023.
141
From April 2023 to December 2023, the growth of exports did not pick up pace. In terms of value, exports of Unsaturated Acyclic Hydrocarbons surged to $45M in December 2023.
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In April 2023, the unsaturated acyclic hydrocarbons price amounted to $1,634 per ton (FOB, South Africa), almost unchanged from the previous month.
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