South Africa: Market for Aromatic Ethers And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives 2024

Market Size for Aromatic Ethers And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives in South Africa

The South African market for aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives fell sharply to $X in 2022, waning by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a abrupt contraction. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Exports of Aromatic Ethers And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives

Exports from South Africa

In 2022, approx. X tons of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives were exported from South Africa; with an increase of X% on 2021. Overall, exports, however, saw a abrupt descent. Over the period under review, the exports of hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives skyrocketed to $X in 2022. In general, exports, however, saw a dramatic shrinkage. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Zimbabwe (X tons) was the main destination for exports of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives from South Africa, with a X% share of total exports. Moreover, exports of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives to Zimbabwe exceeded the volume sent to the second major destination, Namibia (X tons), fourfold. The third position in this ranking was taken by Zambia (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Zimbabwe stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (X% per year) and Zambia (X% per year).

In value terms, Zimbabwe ($X) emerged as the key foreign market for aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives exports from South Africa, comprising X% of total exports. The second position in the ranking was taken by Namibia ($X), with a X% share of total exports. It was followed by Zambia, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Zimbabwe totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (X% per year) and Zambia (X% per year).

Export Prices by Country

In 2022, the average export price for aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives amounted to $X per ton, which is down by X% against the previous year. In general, the export price continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2015 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Zambia ($X per ton), while the average price for exports to Namibia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced a decline.

Imports of Aromatic Ethers And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives

Imports into South Africa

In 2022, imports of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives into South Africa shrank sharply to X tons, with a decrease of X% on the previous year's figure. Over the period under review, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, imports of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives declined remarkably to $X in 2022. In general, imports saw a pronounced curtailment. The pace of growth was the most pronounced in 2020 when imports increased by X%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

China (X tons), India (X tons) and Hong Kong SAR (X tons) were the main suppliers of imports of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives to South Africa, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hong Kong SAR (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives suppliers to South Africa were China ($X), India ($X) and Hong Kong SAR ($X), together accounting for X% of total imports.

Hong Kong SAR, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives stood at $X per ton in 2022, growing by X% against the previous year. In general, the import price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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