Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in South Africa - 2023
Contents:
- Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in South Africa (FOB) - 2022
- Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in South Africa (CIF) - 2022
- Exports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in South Africa
- Imports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in South Africa
Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in South Africa (FOB) - 2022
In 2022, the average export price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $1,101 per ton, increasing by 14% against the previous year. In general, the export price recorded a modest expansion. The growth pace was the most rapid in 2021 when the average export price increased by 50%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($1,339 per ton), while the average price for exports to China ($778 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 Nigeria (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in South Africa (CIF) - 2022
The average import price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $1,169 per ton in 2022, with an increase of 12% against the previous year. In general, the import price, however, continues to indicate a slight decline. The most prominent rate of growth was recorded in 2021 when the average import price increased by 41% against the previous year. The import price peaked at $1,291 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($2,593 per ton), while the price for Qatar ($389 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in South Africa
In 2022, shipments abroad of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses decreased by -16.8% to 268K tons, falling for the second year in a row after two years of growth. Over the period under review, exports saw a noticeable setback. The most prominent rate of growth was recorded in 2020 when exports increased by 13% against the previous year. As a result, the exports attained the peak of 326K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses shrank to $294M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.4% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 48%. As a result, the exports attained the peak of $311M, and then declined in the following year.
| Export of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 58.3 | 73.2 | 127 | 122 | 27.9% |
| United States | 13.2 | 18.0 | 25.7 | 34.2 | 37.3% |
| India | 15.2 | 17.4 | 22.4 | 22.5 | 14.0% |
| Singapore | 19.0 | 14.6 | 23.8 | 21.5 | 4.2% |
| China | 31.3 | 25.3 | 13.4 | 20.2 | -13.6% |
| United Arab Emirates | 20.5 | 19.2 | 28.3 | 13.3 | -13.4% |
| Nigeria | 6.1 | 5.2 | 12.8 | 8.7 | 12.6% |
| Taiwan (Chinese) | 6.2 | 5.6 | 9.7 | 7.4 | 6.1% |
| Pakistan | 0.8 | 5.4 | 4.8 | 7.2 | 108.0% |
| South Korea | 3.3 | 2.6 | 5.5 | 4.2 | 8.4% |
| Hong Kong SAR | 2.2 | 2.7 | 5.0 | 2.5 | 4.4% |
| Others | 24.0 | 21.6 | 32.2 | 31.2 | 9.1% |
| Total | 200 | 211 | 311 | 294 | 13.7% |
Top Export Markets for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from South Africa in 2022:
- Belgium (90.8K tons)
- United States (27.2K tons)
- India (26.9K tons)
- China (26.0K tons)
- Singapore (21.4K tons)
- United Arab Emirates (17.0K tons)
- Pakistan (8.9K tons)
- Taiwan (Chinese) (8.7K tons)
- Nigeria (8.3K tons)
- South Korea (4.3K tons)
- Hong Kong SAR (3.7K tons)
Imports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in South Africa
Imports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses into South Africa expanded modestly to 171K tons in 2022, surging by 4.2% compared with the previous year. The total import volume increased at an average annual rate of +5.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 31%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses soared to $200M in 2022. In general, imports recorded a resilient increase. The growth pace was the most rapid in 2021 with an increase of 86%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 58.4 | 33.1 | 69.0 | 70.6 | 6.5% |
| Netherlands | 13.1 | 9.6 | 24.9 | 25.0 | 24.0% |
| China | 12.0 | 12.2 | 24.7 | 22.3 | 22.9% |
| Singapore | 0.7 | 0.5 | 2.7 | 12.2 | 159.3% |
| Germany | 9.9 | 9.4 | 15.4 | 11.3 | 4.5% |
| Malaysia | 3.3 | 3.7 | 5.5 | 10.4 | 46.6% |
| Brazil | 0.7 | 2.4 | 3.6 | 9.4 | 137.7% |
| South Korea | 2.4 | 2.1 | 3.2 | 6.9 | 42.2% |
| India | 3.2 | 3.2 | 3.5 | 6.2 | 24.7% |
| Qatar | N/A | N/A | N/A | 4.8 | 0% |
| Argentina | 2.1 | 1.6 | 1.2 | 3.4 | 17.4% |
| Indonesia | 2.7 | 2.2 | 1.3 | 1.5 | -17.8% |
| Thailand | 3.4 | 1.5 | 1.4 | 0.9 | -35.8% |
| Others | 12.6 | 10.6 | 14.6 | 15.1 | 6.2% |
| Total | 124 | 92.1 | 171 | 200 | 17.3% |
Top Suppliers of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to South Africa in 2022:
- Saudi Arabia (74.5K tons)
- Netherlands (31.1K tons)
- Qatar (12.3K tons)
- China (8.6K tons)
- Brazil (6.9K tons)
- Singapore (6.4K tons)
- India (6.4K tons)
- Germany (4.8K tons)
- Malaysia (4.7K tons)
- South Korea (3.3K tons)
- Argentina (2.3K tons)
- Indonesia (1.6K tons)
- Thailand (0.5K tons)
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