South Africa: Market for Other Synthetic Organic Colouring Matters 2024

Market Size for Other Synthetic Organic Colouring Matters in South Africa

The South African synthetic organic colouring matters market reduced remarkably to $X in 2022, with a decrease of 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). Overall, consumption showed a deep slump. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Exports of Other Synthetic Organic Colouring Matters

Exports from South Africa

After two years of growth, overseas shipments of other synthetic organic colouring matters decreased by X% to X tons in 2022. In general, exports, however, showed a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons, and then reduced in the following year.

In value terms, synthetic organic colouring matters exports rose remarkably to $X in 2022. Overall, total exports indicated a remarkable increase from 2012 to 2022: its value 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, exports decreased by X% against 2018 indices. The growth pace was the most rapid in 2016 with an increase of X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Hong Kong SAR (X tons), Zambia (X tons) and Namibia (X tons) were the main destinations of synthetic organic colouring matters exports from South Africa, with a combined X% share of total exports.

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

In value terms, the Netherlands ($X), the United States ($X) and Zambia ($X) constituted the largest markets for synthetic organic colouring matters exported from South Africa worldwide, with a combined X% share of total exports. Swaziland, Zimbabwe, Japan, Namibia, Botswana, Kenya, Nigeria, Ghana, Mozambique and Hong Kong SAR lagged somewhat behind, together accounting for a further X%.

Hong Kong SAR, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average synthetic organic colouring matters export price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the export price, however, saw a pronounced decrease. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Hong Kong SAR ($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 Mozambique (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Other Synthetic Organic Colouring Matters

Imports into South Africa

Synthetic organic colouring matters imports into South Africa contracted remarkably to X tons in 2022, declining by X% against 2021 figures. In general, imports recorded a perceptible decrease. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, synthetic organic colouring matters imports fell to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

India (X tons), China (X tons) and Sweden (X tons) were the main suppliers of synthetic organic colouring matters imports to South Africa, together accounting for X% of total imports. Germany, Italy, South Korea, Turkey, Spain, the United States and the UK lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest synthetic organic colouring matters suppliers to South Africa were India ($X), China ($X) and Germany ($X), with a combined X% share of total imports. Italy, the United States, Sweden, South Korea, the UK, Spain and Turkey lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Turkey, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average synthetic organic colouring matters import price stood at $X per ton in 2022, jumping by X% against the previous year. Overall, import price indicated a moderate expansion 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, synthetic organic colouring matters import price decreased by X% against 2018 indices. The growth pace was the most rapid in 2016 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Turkey ($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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