SADC: Anti-Oxidising Preparations Market 2024

Anti-Oxidising Preparations Market Size in SADC

The SADC anti-oxidising preparations market was estimated at $X in 2023, remaining relatively unchanged against the previous year. In general, consumption showed a abrupt contraction. As a result, consumption reached the peak level of $X. From 2014 to 2023, the growth of the market remained at a somewhat lower figure.

Anti-Oxidising Preparations Production in SADC

In value terms, anti-oxidising preparations production totaled $X in 2023 estimated in export price. In general, production saw a deep contraction. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

Anti-Oxidising Preparations Exports

Exports in SADC

In 2023, overseas shipments of anti-oxidising preparations and other compounds stabilisers for rubber or plastics increased by X% to X tons, rising for the fourth year in a row after three years of decline. In general, exports, however, showed a precipitous shrinkage. The pace of growth was the most pronounced in 2022 with an increase of X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, anti-oxidising preparations exports shrank to $X in 2023. Over the period under review, exports, however, saw a sharp decrease. The most prominent rate of growth was recorded in 2022 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Tanzania was the key exporting country with an export of around X tons, which recorded X% of total exports. Swaziland (X tons) took the second position in the ranking, followed by Botswana (X tons). All these countries together took near X% share of total exports. Namibia (X tons) followed a long way behind the leaders.

Exports from Tanzania increased at an average annual rate of X% from 2012 to 2023. At the same time, Botswana (X%) and Namibia (X%) displayed positive paces of growth. Moreover, Botswana emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2023. By contrast, Swaziland (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Tanzania, Swaziland, Botswana and Namibia increased by X, X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest anti-oxidising preparations supplying countries in SADC were Swaziland ($X), Botswana ($X) and Namibia ($X), together comprising X% of total exports.

Botswana, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2023, the export price in SADC amounted to $X per ton, falling by X% against the previous year. In general, the export price showed a deep reduction. The most prominent rate of growth was recorded in 2018 an increase of X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Namibia ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Swaziland (X%), while the other leaders experienced mixed trends in the export price figures.

Anti-Oxidising Preparations Imports

Imports in SADC

In 2023, after five years of growth, there was decline in purchases abroad of anti-oxidising preparations and other compounds stabilisers for rubber or plastics, when their volume decreased by X% to X tons. Overall, imports continue to indicate a deep reduction. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2016; however, from 2017 to 2023, imports stood at a somewhat lower figure.

In value terms, anti-oxidising preparations imports reduced to $X in 2023. In general, imports faced a deep setback. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Botswana (X tons) and Tanzania (X tons) represented the key importers of anti-oxidising preparations and other compounds stabilisers for rubber or plastics in SADC, together resulting at near X% of total imports. Democratic Republic of the Congo (X tons) ranks next in terms of the total imports with a X% share, followed by Zimbabwe (X%). Malawi (X tons), Mauritius (X tons) and Angola (X tons) took a minor share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Botswana (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest anti-oxidising preparations importing markets in SADC were Tanzania ($X), Botswana ($X) and Zimbabwe ($X), with a combined X% share of total imports. Democratic Republic of the Congo, Angola, Mauritius and Malawi lagged somewhat behind, together accounting for a further X%.

Democratic Republic of the Congo, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among 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 2023, the import price in SADC amounted to $X per ton, almost unchanged from the previous year. Overall, the import price, however, saw a abrupt descent. The pace of growth appeared the most rapid in 2013 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2023, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Angola ($X per ton), while Democratic Republic of the Congo ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Angola (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform