South Africa - Unsaturated Acyclic Hydrocarbons - Market Analysis, Forecast, Size, Trends And Insights
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View PricingExport of Unsat. Acyclic Hydrocarbons in South Africa Sees Slight Decrease to $415M in 2023
South Africa Unsaturated Acyclic Hydrocarbons Exports
In 2023, exports of unsaturated acyclic hydrocarbons from South Africa contracted modestly to 261K tons, with a decrease of -3.6% against 2022. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 20% against the previous year. Over the period under review, the exports reached the peak figure at 353K tons in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.
In value terms, unsaturated acyclic hydrocarbons exports contracted to $415M (IndexBox estimates) in 2023. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 when exports increased by 17% against the previous year. The exports peaked at $479M in 2014; however, from 2015 to 2023, the exports remained at a lower figure.
| COUNTRY | Export Value of Unsaturated Acyclic Hydrocarbons in South Africa (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| United States | 192 | 201 | 151 | 132 | 127 | 124 | 133 | 90.4 | 119 | 134 | 114 |
| Singapore | 50.1 | 76.1 | 74.7 | 70.4 | 94.3 | 84.1 | 88.5 | 95.7 | 103 | 142 | 108 |
| Belgium | 48.5 | 55.4 | 39.5 | 49.3 | 48.9 | 55.7 | 72.2 | 80.3 | 58.4 | 65.7 | 79.5 |
| Saudi Arabia | N/A | N/A | 5.1 | 8.6 | 26.0 | 29.6 | 39.5 | 26.1 | 25.6 | 34.8 | 54.6 |
| United Arab Emirates | 6.9 | 4.7 | 2.3 | 4.7 | 7.3 | 10.9 | 11.1 | 17.8 | 13.1 | 26.5 | 21.9 |
| South Korea | 0.9 | N/A | 3.0 | 11.8 | 6.3 | 4.0 | 4.7 | 9.0 | 6.6 | 7.7 | 12.0 |
| Germany | 9.2 | 6.2 | 7.4 | 8.2 | 8.6 | 9.2 | 8.2 | 6.1 | 7.9 | 7.6 | 11.9 |
| Brazil | 23.6 | 29.8 | 16.7 | 14.4 | 19.7 | 13.2 | 5.6 | 9.1 | 12.0 | 12.1 | 5.3 |
| Thailand | 57.0 | 80.0 | 57.9 | 53.6 | 52.2 | 39.3 | 50.8 | 50.8 | 22.2 | N/A | N/A |
| Others | 41.9 | 25.7 | 12.7 | 12.2 | 12.2 | 18.3 | 11.7 | 24.0 | 14.1 | 14.5 | 7.0 |
| Total | 430 | 479 | 370 | 365 | 403 | 389 | 425 | 409 | 382 | 446 | 415 |
Exports by Country
the United States (84K tons), Singapore (67K tons) and Belgium (46K tons) were the main destinations of unsaturated acyclic hydrocarbons exports from South Africa, with a combined 76% share of total exports. Saudi Arabia, the United Arab Emirates, South Korea, Germany and Brazil lagged somewhat behind, together accounting for a further 23%.
From 2013 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Korea (with a CAGR of +30.5%), while the other leaders experienced more modest paces of growth.
In value terms, the United States ($114M), Singapore ($108M) and Belgium ($79M) appeared to be the largest markets for unsaturated acyclic hydrocarbons exported from South Africa worldwide, together accounting for 73% of total exports. Saudi Arabia, the United Arab Emirates, South Korea, Germany and Brazil lagged somewhat behind, together accounting for a further 25%.
Saudi Arabia, with a CAGR of +34.3%, recorded the highest rates of growth with regard to the value of exports, among 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
In 2023, the unsaturated acyclic hydrocarbons price stood at $1,591 per ton (FOB, South Africa), declining by -3.4% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2022 when the average export price increased by 20%. As a result, the export price attained the peak level of $1,647 per ton, and then contracted slightly in the following year.
There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Germany ($2,766 per ton), while the average price for exports to the United States ($1,357 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the unsaturated acyclic hydrocarbons 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 20141190 - Unsaturated acyclic hydrocarbons (excluding ethylene, p ropene, butene, buta-1,3-diene and isoprene)
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
