SADC: Cyclic Hydrocarbons Market 2024

Cyclic Hydrocarbons Market Size in SADC

The SADC cyclic hydrocarbons market stood at $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Cyclic Hydrocarbons Production in SADC

In value terms, cyclic hydrocarbons production shrank slightly to $X in 2022 estimated in export price. Overall, production saw modest growth. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Cyclic Hydrocarbons Exports

Exports in SADC

In 2022, shipments abroad of other cyclic hydrocarbons decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed temperate growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons, and then declined rapidly in the following year.

In value terms, cyclic hydrocarbons exports fell dramatically to $X in 2022. In general, exports, however, posted perceptible growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of export peaked at $X in 2021, and then contracted rapidly in the following year.

Exports by Country

South Africa prevails in exports structure, reaching X tons, which was near X% of total exports in 2022. Swaziland (X tons) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to cyclic hydrocarbons exports from South Africa stood at X%. At the same time, Swaziland (X%) displayed positive paces of growth. Moreover, Swaziland emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. While the share of Swaziland (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics.

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

In South Africa, cyclic hydrocarbons exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, picking up by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the export prices remained at a somewhat lower figure.

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

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

Cyclic Hydrocarbons Imports

Imports in SADC

In 2022, purchases abroad of other cyclic hydrocarbons increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, cyclic hydrocarbons imports surged to $X in 2022. In general, imports showed mild growth. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Zimbabwe (X tons) and South Africa (X tons) represented roughly X% of total imports in 2022. Angola (X tons) held the next position in the ranking, distantly followed by Malawi (X tons). All these countries together held approx. X% share of total imports. The following importers - Democratic Republic of the Congo (X tons), Swaziland (X tons) and Tanzania (X tons) - each resulted at a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Angola (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cyclic hydrocarbons importing markets in SADC were South Africa ($X), Zimbabwe ($X) and Angola ($X), with a combined X% share of total imports.

Zimbabwe, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of 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 2022, the import price in SADC amounted to $X per ton, with a decrease of X% against the previous year. In general, the import price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malawi (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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