South Africa - 4-Methylpentan-2-One (Methyl Isobutyl Ketone) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMethyl Isobutyl Ketone Price in South Africa Declines Notably to $1,653 per Ton
South Africa Methyl Isobutyl Ketone Export Price in April 2023
In April 2023, the methyl isobutyl ketone price stood at $1,653 per ton (FOB, South Africa), which is down by -4.8% against the previous month. Over the period under review, the export price showed a mild setback. The pace of growth was the most pronounced in February 2023 when the average export price increased by 43% month-to-month. Over the period under review, the average export prices attained the maximum at $2,092 per ton in June 2022; however, from July 2022 to April 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In April 2023, the countries with the highest prices were Belgium ($1,807 per ton) and India ($1,695 per ton), while the average price for exports to Hong Kong ($1,270 per ton) and the United States ($1,400 per ton) were amongst the lowest.
From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.
COUNTRY | Export Price of Methyl Isobutyl Ketone in South Africa (USD per ton) | ||||||||||||
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Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | |
Belgium | 2,407 | 2,327 | 2,206 | 2,351 | N/A | 1,928 | 1,919 | 1,746 | 1,710 | N/A | 1,706 | 1,833 | 1,807 |
India | 1,615 | 1,311 | N/A | 1,299 | 1,108 | 1,099 | 1,073 | 1,075 | 1,053 | 1,111 | N/A | 1,764 | 1,695 |
Singapore | 1,717 | 1,600 | N/A | 960 | 1,038 | 1,046 | 1,179 | 959 | 1,063 | 1,133 | 1,701 | 1,633 | 1,649 |
South Korea | N/A | N/A | 1,343 | N/A | 1,047 | 1,025 | N/A | N/A | 962 | N/A | 1,597 | N/A | 1,564 |
United States | 1,674 | N/A | N/A | 1,492 | 1,537 | 1,558 | 1,427 | 1,438 | 1,456 | 1,408 | 1,417 | 1,427 | 1,400 |
Hong Kong | 1,244 | N/A | N/A | N/A | 826 | N/A | N/A | 925 | N/A | 1,061 | 1,715 | N/A | 1,270 |
Average | 2,018 | 1,938 | 2,092 | 1,893 | 1,200 | 1,481 | 1,515 | 1,319 | 1,338 | 1,158 | 1,651 | 1,737 | 1,653 |
South Africa Methyl Isobutyl Ketone Exports
In April 2023, methyl isobutyl ketone exports from South Africa rose slightly to 5.1K tons, surging by 2.2% compared with the previous month's figure. Overall, total exports indicated a slight increase from April 2022 to April 2023: its volume increased at an average monthly rate of +1.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2023 figures, exports increased by +52.1% against November 2022 indices. The pace of growth appeared the most rapid in September 2022 with an increase of 54% month-to-month. The exports peaked in April 2023.
In value terms, methyl isobutyl ketone exports declined modestly to $8.4M (IndexBox estimates) in April 2023. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 when exports increased by 90% against the previous month.
South Africa Methyl Isobutyl Ketone Exports by Country
Belgium (2K tons) was the main destination for methyl isobutyl ketone exports from South Africa, accounting for a 39% share of total exports. Moreover, methyl isobutyl ketone exports to Belgium exceeded the volume sent to the second major destination, India (900 tons), twofold. the United States (750 tons) ranked third in terms of total exports with a 15% share.
From April 2022 to April 2023, the average monthly rate of growth in terms of volume to Belgium was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: India (+8.2% per month) and the United States (+5.3% per month).
In value terms, Belgium ($3.6M) remains the key foreign market for methyl isobutyl ketone exports from South Africa, comprising 43% of total exports. The second position in the ranking was held by India ($1.5M), with an 18% share of total exports. It was followed by Singapore, with a 13% share.
From April 2022 to April 2023, the average monthly growth rate of value to Belgium totaled -2.4%. Exports to the other major destinations recorded the following average monthly rates of exports growth: India (+8.6% per month) and Singapore (-2.3% per month).
This report provides an in-depth analysis of the methyl isobutyl ketone market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20146215 - 4-Methylpentan-2-one (methyl isobutyl ketone)
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024