South Africa: Market for Mixed Alkylbenzenes, Mixed Alkylnaphthalenes 2024

Market Size for Mixed Alkylbenzenes, Mixed Alkylnaphthalenes in South Africa

In 2023, after two years of growth, there was significant decline in the South African mixed alkylbenzenes, mixed alkylnaphthalenes market, when its value decreased by X% to $X. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2022, and then reduced in the following year.

Exports of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes

Exports from South Africa

In 2023, the amount of mixed alkylbenzenes, mixed alkylnaphthalenes exported from South Africa contracted significantly to X tons, with a decrease of X% compared with 2022 figures. Over the period under review, exports continue to indicate a noticeable decline. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, the exports attained the peak of X tons. From 2015 to 2023, the growth of the exports remained at a lower figure.

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes exports fell dramatically to $X in 2023. Overall, exports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

Zimbabwe (X tons) was the main destination for mixed alkylbenzenes, mixed alkylnaphthalenes exports from South Africa, accounting for a X% share of total exports. Moreover, mixed alkylbenzenes, mixed alkylnaphthalenes exports to Zimbabwe exceeded the volume sent to the second major destination, Madagascar (X tons), threefold. The third position in this ranking was taken by Mauritius (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Zimbabwe amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Madagascar (X% per year) and Mauritius (X% per year).

In value terms, Madagascar ($X), Zimbabwe ($X) and Mauritius ($X) appeared to be the largest markets for mixed alkylbenzenes, mixed alkylnaphthalenes exported from South Africa worldwide, together comprising X% of total exports. The United Arab Emirates and Namibia lagged somewhat behind, together accounting for a further X%.

The United Arab Emirates, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average mixed alkylbenzenes, mixed alkylnaphthalenes export price stood at $X per ton in 2023, rising by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Madagascar ($X per ton), while the average price for exports to Zimbabwe ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Madagascar (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes

Imports into South Africa

After three years of growth, overseas purchases of mixed alkylbenzenes, mixed alkylnaphthalenes decreased by X% to X tons in 2023. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 when imports increased by X%. Imports peaked at X tons in 2022, and then fell in the following year.

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes imports shrank remarkably to $X in 2023. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2022, and then contracted remarkably in the following year.

Imports by Country

Saudi Arabia (X tons), Spain (X tons) and China (X tons) were the main suppliers of mixed alkylbenzenes, mixed alkylnaphthalenes imports to South Africa, with a combined X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest mixed alkylbenzenes, mixed alkylnaphthalenes suppliers to South Africa were Saudi Arabia ($X), Spain ($X) and China ($X), together comprising X% of total imports.

China, with a CAGR of X%, saw 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 more modest paces of growth.

Import Prices by Country

In 2023, the average mixed alkylbenzenes, mixed alkylnaphthalenes import price amounted to $X per ton, falling by X% against the previous year. Over the period under review, the import price saw a slight decrease. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Qatar (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform