SADC: Derivatives Of Hydrocarbons Market 2024

Derivatives Of Hydrocarbons Exports

Exports in SADC

In 2022, approx. X tons of derivatives of hydrocarbons other than containing only sulpho-, nitro-, or nitroso groups were exported in SADC; increasing by X% against the year before. Overall, exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The volume of export peaked in 2022 and is likely to see steady growth in the near future.

In value terms, derivatives of hydrocarbons exports surged to $X in 2022. In general, exports saw strong growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Africa dominates exports structure, reaching X tons, which was near X% of total exports in 2022. It was distantly followed by Mauritius (X tons), mixing up a X% share of total exports.

South Africa was also the fastest-growing in terms of the derivatives of hydrocarbons other than containing only sulpho-, nitro-, or nitroso groups exports, with a CAGR of X% from 2012 to 2022. At the same time, Mauritius (X%) displayed positive paces of growth. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest derivatives of hydrocarbons supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Mauritius ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa stood at X%.

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, declining by X% against the previous year. Overall, the export price showed a pronounced curtailment. The most prominent rate of growth was recorded in 2016 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Mauritius ($X per ton), while South Africa stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Derivatives Of Hydrocarbons Imports

Imports in SADC

In 2022, the amount of derivatives of hydrocarbons other than containing only sulpho-, nitro-, or nitroso groups imported in SADC fell modestly to X tons, shrinking by X% compared with the previous year. In general, imports showed a perceptible contraction. The most prominent rate of growth was recorded in 2018 with an increase of X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, derivatives of hydrocarbons imports rose significantly to $X in 2022. Overall, imports, however, recorded a mild increase. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the near future.

Imports by Country

South Africa was the largest importer of derivatives of hydrocarbons other than containing only sulpho-, nitro-, or nitroso groups in SADC, with the volume of imports recording X tons, which was approx. X% of total imports in 2022. Zimbabwe (X tons) ranks second in terms of the total imports with a X% share, followed by Zambia (X%) and Angola (X%). The following importers - Mauritius (X tons), Mozambique (X tons) and Botswana (X tons) - together made up X% of total imports.

Imports into South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Botswana (X%) and Zambia (X%) displayed positive paces of growth. Moreover, Botswana emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. Mozambique experienced a relatively flat trend pattern. By contrast, Zimbabwe (X%), Angola (X%) and Mauritius (X%) illustrated a downward trend over the same period. While the share of South Africa (X p.p.), Zambia (X p.p.) and Botswana (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Angola (X p.p.) and Mauritius (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported derivatives of hydrocarbons other than containing only sulpho-, nitro-, or nitroso groups in SADC, comprising X% of total imports. The second position in the ranking was held by Zimbabwe ($X), with a X% share of total imports. It was followed by Angola, with a X% share.

From 2012 to 2022, the average annual growth rate of value in South Africa amounted to X%. In the other countries, the average annual rates were as follows: Zimbabwe (X% per year) and Angola (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, rising by X% against the previous year. Import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, derivatives of hydrocarbons import price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2016 an increase of X%. Over the period under review, import prices attained the maximum in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Angola (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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