SADC: Acyclic Hydrocarbons Market 2024

Acyclic Hydrocarbons Market Size in SADC

In 2020, after three years of growth, there was decline in the SADC acyclic hydrocarbons market, when its value decreased by X% to $X. The market value increased at an average annual rate of X% over the period from 2012 to 2020; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 when the market value increased by X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2019, and then contracted in the following year.

Acyclic Hydrocarbons Production in SADC

In value terms, acyclic hydrocarbons production contracted slightly to $X in 2020 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2020; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2019, and then shrank in the following year.

Acyclic Hydrocarbons Exports

Exports in SADC

In 2020, exports of acyclic hydrocarbons in SADC contracted to X tons, waning by X% on the year before. The total export volume increased at an average annual rate of X% from 2012 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when exports increased by X%. The volume of export peaked at X tons in 2019, and then contracted slightly in the following year.

In value terms, acyclic hydrocarbons exports fell to $X in 2020. In general, exports showed a perceptible decline. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2020, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from South Africa (X tons), together reaching X% of total export.

South Africa was also the fastest-growing in terms of the acyclic hydrocarbons exports, with a CAGR of X% from 2012 to 2020. South Africa (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest acyclic hydrocarbons supplier in SADC.

From 2012 to 2020, the average annual growth rate of value in South Africa totaled X%.

Export Prices by Country

In 2020, the export price in SADC amounted to $X per ton, declining by X% against the previous year. Over the period under review, the export price recorded a pronounced decrease. The most prominent rate of growth was recorded in 2017 when the export price increased by X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2020, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2020, the rate of growth in terms of prices for South Africa amounted to X% per year.

Acyclic Hydrocarbons Imports

Imports in SADC

In 2020, after three years of decline, there was growth in purchases abroad of acyclic hydrocarbons, when their volume increased by X% to X tons. Overall, imports, however, faced a sharp reduction. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2020, imports failed to regain momentum.

In value terms, acyclic hydrocarbons imports totaled $X in 2020. Over the period under review, imports, however, recorded a precipitous decline. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, South Africa (X tons) and Zambia (X tons) represented the major importers of acyclic hydrocarbons in SADC, together resulting at approx. X% of total imports. Malawi (X tons) ranks next in terms of the total imports with a X% share, followed by Tanzania (X%), Zimbabwe (X%) and Angola (X%). Mozambique (X tons) followed a long way behind the leaders.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Mozambique (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest acyclic hydrocarbons importing markets in SADC were South Africa ($X), Tanzania ($X) and Zambia ($X), with a combined X% share of total imports.

Tanzania, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the import price in SADC amounted to $X per ton, flattening at the previous year. Over the period under review, the import price continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, amid the top importers, the country with the highest price was Tanzania ($X per ton), while Zimbabwe ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Tanzania (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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