SADC: Alcohols Market 2024

Alcohols Market Size in SADC

In 2020, the SADC alcohols market decreased by X% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption showed a mild downturn. The pace of growth was the most pronounced in 2017 when the market value increased by X% against the previous year. The level of consumption peaked at $X in 2012; however, from 2013 to 2020, consumption stood at a somewhat lower figure.

Alcohols Production in SADC

In value terms, alcohols production contracted slightly to $X in 2020 estimated in export price. In general, production continues to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2020, production stood at a somewhat lower figure.

Alcohols Exports

Exports in SADC

In 2020, exports of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives in SADC soared to X tons, jumping by X% compared with 2019 figures. The total export volume increased at an average annual rate of X% from 2012 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, alcohols exports declined to $X in 2020. Overall, exports, however, recorded a perceptible contraction. The pace of growth appeared the most rapid in 2017 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2020, the exports stood at a somewhat lower figure.

Exports by Country

In 2020, South Africa (X tons) was the major exporter of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives in SADC, constituting X% of total export.

South Africa was also the fastest-growing in terms of the alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives exports, with a CAGR of X% from 2012 to 2020. The shares of the largest exporters remained relatively stable throughout the analyzed period.

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

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

Export Prices by Country

The export price in SADC stood at $X per ton in 2020, with a decrease of X% against the previous year. Overall, the export price recorded a abrupt contraction. The growth pace was the most rapid in 2018 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2020, the export prices failed to regain momentum.

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.

Alcohols Imports

Imports in SADC

In 2020, after two years of growth, there was significant decline in purchases abroad of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives, when their volume decreased by X% to X tons. The total import volume increased at an average annual rate of X% over the period from 2012 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of X%. The volume of import peaked at X tons in 2019, and then dropped sharply in the following year.

In value terms, alcohols imports dropped dramatically to $X in 2020. In general, imports showed a noticeable contraction. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

Imports by Country

South Africa dominates imports structure, accounting for X tons, which was near X% of total imports in 2020. Angola (X tons) ranks second in terms of the total imports with an X% share, followed by Tanzania (X%). The following importers - Democratic Republic of the Congo (X tons), Zambia (X tons) and Malawi (X tons) - together made up X% of total imports.

From 2012 to 2020, average annual rates of growth with regard to alcohols imports into South Africa stood at X%. At the same time, Democratic Republic of the Congo (X%), Malawi (X%), Angola (X%), Tanzania (X%) and Zambia (X%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2020. While the share of Democratic Republic of the Congo (X p.p.) increased significantly in terms of the total imports from 2012-2020, the share of South Africa (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives in SADC, comprising X% of total imports. The second position in the ranking was held by Angola ($X), with a X% share of total imports. It was followed by Tanzania, with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of value in South Africa amounted to X%. In the other countries, the average annual rates were as follows: Angola (X% per year) and Tanzania (X% per year).

Import Prices by Country

In 2020, the import price in SADC amounted to $X per ton, shrinking by X% against the previous year. In general, the import price continues to indicate a abrupt decline. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2020, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Zambia ($X per ton), while Angola ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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