South Africa: Saturated Acyclic Hydrocarbons Market 2024

Saturated Acyclic Hydrocarbons Market Size in South Africa

The South African saturated acyclic hydrocarbons market declined to $X in 2022, which is down by X% against the previous year. In general, consumption, however, recorded a perceptible downturn. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Saturated Acyclic Hydrocarbons Production in South Africa

In value terms, saturated acyclic hydrocarbons production fell modestly to $X in 2022 estimated in export price. In general, production showed a abrupt contraction. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. Saturated acyclic hydrocarbons production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Saturated Acyclic Hydrocarbons Exports

Exports from South Africa

In 2022, after three years of growth, there was significant decline in overseas shipments of saturated acyclic hydrocarbons, when their volume decreased by X% to X tons. In general, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, saturated acyclic hydrocarbons exports expanded markedly to $X in 2022. Overall, exports showed a abrupt decline. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Zambia (X tons) was the main destination for saturated acyclic hydrocarbons exports from South Africa, with a X% share of total exports. Moreover, saturated acyclic hydrocarbons exports to Zambia exceeded the volume sent to the second major destination, Zimbabwe (X tons), threefold. The third position in this ranking was taken by Malawi (X tons), with a X% share.

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

In value terms, Zambia ($X) remains the key foreign market for saturated acyclic hydrocarbons exports from South Africa, comprising X% of total exports. The second position in the ranking was taken by Zimbabwe ($X), with an X% share of total exports. It was followed by Malawi, with a X% share.

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

Export Prices by Country

The average saturated acyclic hydrocarbons export price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the export price saw a slight increase. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: 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 the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Saturated Acyclic Hydrocarbons Imports

Imports into South Africa

In 2022, approx. X tons of saturated acyclic hydrocarbons were imported into South Africa; with an increase of X% against the previous year's figure. Over the period under review, imports showed significant growth. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, saturated acyclic hydrocarbons imports soared to $X in 2022. Overall, imports continue to indicate strong growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of saturated acyclic hydrocarbons to South Africa, accounting for a X% share of total imports. Moreover, saturated acyclic hydrocarbons imports from the United States exceeded the figures recorded by the second-largest supplier, Singapore (X tons), twofold. The third position in this ranking was taken by Belgium (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (X% per year) and Belgium (X% per year).

In value terms, Singapore ($X), the United States ($X) and Belgium ($X) constituted the largest saturated acyclic hydrocarbons suppliers to South Africa, with a combined X% share of total imports.

In terms of the main suppliers, Singapore, with a CAGR of X%, recorded the highest growth rate of 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 saturated acyclic hydrocarbons import price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the import price, however, recorded a pronounced decline. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Singapore ($X per ton), while the price for Israel ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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