Report Update Apr 1, 2024

SADC - O-Acetylsalicylic Acid, Its Salts and Esters - Market Analysis, Forecast, Size, Trends and Insights

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SADC: O-Acetylsalicylic Acid Market 2024

O-Acetylsalicylic Acid Exports

Exports in SADC

In 2021, approx. X tons of o-acetylsalicylic acid, its salts and esters were exported in SADC; jumping by 17% against the previous year. Over the period under review, exports, however, showed a precipitous contraction. The most prominent rate of growth was recorded in 2017 when exports increased by 786% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, o-acetylsalicylic acid exports soared to $X in 2021. Overall, exports, however, continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2017 when exports increased by 369%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat 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 o-acetylsalicylic acid, its salts and esters exports, with a CAGR of -23.3% 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 o-acetylsalicylic acid supplier in SADC.

From 2012 to 2021, the average annual rate of growth in terms of value in South Africa stood at -11.6%.

Export Prices by Country

In 2021, the export price in SADC amounted to $X per ton, increasing by 207% against the previous year. In general, the export price enjoyed a resilient increase. Over the period under review, the export prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, 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 2021, the rate of growth in terms of prices for South Africa amounted to +15.3% per year.

O-Acetylsalicylic Acid Imports

Imports in SADC

In 2021, o-acetylsalicylic acid imports in SADC rose slightly to X tons, growing by 2.2% on 2020. The total import volume increased at an average annual rate of +2.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 37% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in years to come.

In value terms, o-acetylsalicylic acid imports dropped slightly to $X in 2021. Total imports indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +29.7% against 2015 indices. The growth pace was the most rapid in 2020 when imports increased by 30%. As a result, imports reached the peak of $X, and then fell modestly in the following year.

Imports by Country

South Africa dominates imports structure, accounting for X tons, which was near 78% of total imports in 2021. It was distantly followed by Zimbabwe (X tons), Mozambique (X tons) and Zambia (X tons), together making up a 19% share of total imports. Democratic Republic of the Congo (X tons) followed a long way behind the leaders.

Imports into South Africa increased at an average annual rate of +3.5% from 2012 to 2021. At the same time, Democratic Republic of the Congo (+4.4%), Zimbabwe (+3.5%) and Mozambique (+2.7%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing importer imported in SADC, with a CAGR of +4.4% from 2012-2021. By contrast, Zambia (-8.0%) illustrated a downward trend over the same period. South Africa (+6.6 p.p.) significantly strengthened its position in terms of the total imports, while Zambia saw its share reduced by -7.6% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported o-acetylsalicylic acid, its salts and esters in SADC, comprising 80% of total imports. The second position in the ranking was held by Zimbabwe ($X), with an 8.3% share of total imports. It was followed by Mozambique, with a 4.8% share.

From 2012 to 2021, the average annual growth rate of value in South Africa stood at +5.2%. In the other countries, the average annual rates were as follows: Zimbabwe (+7.8% per year) and Mozambique (+2.7% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2021, falling by -3.2% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2019 when the import price increased by 16%. As a result, import price reached the peak level of $X per ton. From 2020 to 2021, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Zimbabwe ($X per ton), while Mozambique ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Zimbabwe (+4.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for o-acetylsalicylic acid, its salts and esters in SADC?

The country with the largest volume of o-acetylsalicylic acid consumption was South Africa, comprising approx. 78% of total volume. Moreover, o-acetylsalicylic acid consumption in South Africa exceeded the figures recorded by the second-largest consumer, Zimbabwe, more than tenfold. The third position in this ranking was taken by Mozambique, with a 6.9% share.

What are the leading suppliers of o-acetylsalicylic acid, its salts and esters in SADC?

In value terms, South Africa remains the largest o-acetylsalicylic acid supplier in SADC.

What are the leading importers of o-acetylsalicylic acid, its salts and esters in SADC?

In value terms, South Africa constitutes the largest market for imported o-acetylsalicylic acid, its salts and esters in SADC, comprising 80% of total imports. The second position in the ranking was taken by Zimbabwe, with an 8.3% share of total imports. It was followed by Mozambique, with a 4.8% share.

What is the average export price for o-acetylsalicylic acid, its salts and esters in SADC?

The export price in SADC stood at $14,464 per ton in 2021, jumping by 207% against the previous year.

What is the average import price for o-acetylsalicylic acid, its salts and esters in SADC?

The import price in SADC stood at $4,409 per ton in 2021, dropping by -3.2% against the previous year.

This report provides an in-depth analysis of the o-acetylsalicylic acid market in SADC. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 21101050 - O-acetylsalicylic acid, its salts and esters

Country coverage:

Angola
Botswana
Comoros
Democratic Republic of the Congo
Lesotho
Madagascar
Malawi
Mauritius
Mozambique
Namibia
Seychelles
South Africa
Swaziland
Tanzania
Zambia
Zimbabwe

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in SADC, split by region and country
Trade (exports and imports) in SADC
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Angola
- Botswana
- Comoros
- Democratic Republic of the Congo
- Lesotho
- Madagascar
- Malawi
- Mauritius
- Mozambique
- Namibia
- Seychelles
- South Africa
- Swaziland
- Tanzania
- Zambia
- Zimbabwe
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023