SADC: Market for Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) 2024

Market Size for Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in SADC

The SADC market for butanols (excluding butan-1-ol (n-butyl alcohol)) shrank slightly to $X in 2021, remaining stable against the previous year. The total consumption indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +7.1% against 2017 indices. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Production of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in SADC

In value terms, butanols (excluding butan-1-ol (n-butyl alcohol)) production declined slightly to $X in 2021 estimated in export price. The total production indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +2.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +4.2% against 2018 indices. The pace of growth was the most pronounced in 2014 when the production volume increased by 60% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Exports of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol))

Exports in SADC

In 2021, approx. X tons of butanols (excluding butan-1-ol (n-butyl alcohol)) were exported in SADC; which is down by -42.1% compared with the year before. Overall, exports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2019 with an increase of 92% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, butanols (excluding butan-1-ol (n-butyl alcohol)) exports contracted to $X in 2021. In general, exports showed a noticeable setback. The most prominent rate of growth was recorded in 2017 with an increase of 49%. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

South Africa (X tons) represented roughly 100% of total exports in 2021.

South Africa was also the fastest-growing in terms of the butanols (excluding butan-1-ol (n-butyl alcohol)) exports, with a CAGR of -5.1% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest butanols (excluding butan-1-ol (n-butyl alcohol)) supplier in SADC.

In South Africa, butanols (excluding butan-1-ol (n-butyl alcohol)) exports declined by an average annual rate of -4.1% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in SADC amounted to $X per ton, growing by 60% against the previous year. In general, the export price saw slight growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the rate of growth in terms of prices for South Africa amounted to +1.1% per year.

Imports of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol))

Imports in SADC

In 2021, butanols (excluding butan-1-ol (n-butyl alcohol)) imports in SADC declined to X tons, which is down by -14.9% compared with the previous year. In general, imports, however, enjoyed a strong increase. The growth pace was the most rapid in 2018 when imports increased by 142%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, butanols (excluding butan-1-ol (n-butyl alcohol)) imports stood at $X in 2021. Over the period under review, imports, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2018 when imports increased by 95%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

South Africa represented the largest importing country with an import of about X tons, which amounted to 52% of total imports. Namibia (X tons) held the second position in the ranking, followed by Tanzania (X tons), Lesotho (X tons) and Seychelles (X tons). All these countries together took near 38% share of total imports. The following importers - Zimbabwe (X tons) and Mauritius (X tons) - each reached a 4.9% share of total imports.

South Africa was also the fastest-growing in terms of the butanols (excluding butan-1-ol (n-butyl alcohol)) imports, with a CAGR of +65.3% from 2012 to 2021. At the same time, Seychelles (+59.4%), Lesotho (+7.6%) and Namibia (+5.3%) displayed positive paces of growth. By contrast, Tanzania (-5.4%), Mauritius (-5.8%) and Zimbabwe (-8.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of South Africa and Seychelles increased by +51 and +4.4 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported butanols (excluding butan-1-ol (n-butyl alcohol)) in SADC, comprising 82% of total imports. The second position in the ranking was taken by Tanzania ($X), with a 5% share of total imports. It was followed by Namibia, with a 3.4% share.

From 2012 to 2021, the average annual growth rate of value in South Africa totaled +37.9%. The remaining importing countries recorded the following average annual rates of imports growth: Tanzania (-7.1% per year) and Namibia (-10.0% per year).

Import Prices by Country

In 2021, the import price in SADC amounted to $X per ton, surging by 22% against the previous year. Overall, the import price enjoyed a tangible increase. The most prominent rate of growth was recorded in 2014 when the import price increased by 169% against the previous year. The level of import peaked at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was South Africa ($X per ton), while Lesotho ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mauritius (+3.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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