SADC - Cumene - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSADC: Cumene Market 2024
Cumene Market Size in SADC
The SADC cumene market totaled $X in 2021, leveling off at the previous year. The total consumption indicated a modest expansion from 2012 to 2021: its value increased at an average annual rate of +1.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +4.2% against 2018 indices. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.
Cumene Production in SADC
In value terms, cumene production amounted to $X in 2021 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by 33% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2021, production growth failed to regain momentum.
Cumene Exports
Exports in SADC
In 2018, cumene exports in SADC was estimated at X kg, stabilizing at the previous year. In general, exports recorded a drastic downturn. The smallest decline of 99.9% was in 2017. The volume of export peaked at X tons in 2012; however, from 2013 to 2018, the exports stood at a somewhat lower figure.
In value terms, cumene exports stood at $X in 2018. Overall, exports faced a deep downturn. The smallest decline of 99.9% was in 2017. The level of export peaked at $X in 2012; however, from 2013 to 2018, the exports failed to regain momentum.
Export Prices by Country
In 2018, the export price in SADC amounted to $X per ton, which is down by -56.4% against the previous year. In general, the export price recorded a perceptible setback. The growth pace was the most rapid in 2013 when the export price increased by 118% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2018, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for South Africa.
From 2012 to 2018, the rate of growth in terms of prices for South Africa amounted to -0.9% per year.
Cumene Imports
Imports in SADC
In 2021, imports of cumene in SADC was estimated at X kg, approximately mirroring the previous year's figure. In general, imports recorded a significant curtailment. The growth pace was the most rapid in 2018 when imports increased by 233,600%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.
In value terms, cumene imports contracted to $X in 2021. Over the period under review, imports showed a precipitous decline. The pace of growth was the most pronounced in 2018 when imports increased by 34,045%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.
Imports by Country
The purchases of the one major importers of cumene, namely South Africa, represented more than two-thirds of total import.
South Africa was also the fastest-growing in terms of the cumene imports, with a CAGR of +11.2% from 2012 to 2021. While the share of South Africa (+100 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, South Africa ($X) constitutes the largest market for imported cumene in SADC.
In South Africa, cumene imports remained relatively stable over the period from 2012-2021.
Import Prices by Country
In 2021, the import price in SADC amounted to $X per ton, stabilizing at the previous year. Over the period under review, the import price saw a resilient expansion. The pace of growth appeared the most rapid in 2019 when the import price increased by 970% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2021, the import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for South Africa.
From 2012 to 2021, the rate of growth in terms of prices for South Africa amounted to -9.3% per year.
Source: IndexBox Platform
This report provides an in-depth analysis of the cumene market in SADC. 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 20141270 - Cumene
Country coverage:
- Angola
- Botswana
- Comoros
- Democratic Republic of the Congo
- Lesotho
- Madagascar
- Malawi
- Mauritius
- Mozambique
- Namibia
- Seychelles
- South Africa
- Swaziland
- Tanzania
- Zambia
- Zimbabwe
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in SADC, split by region and country
- Trade (exports and imports) in SADC
- 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
- CONSUMPTION BY COUNTRY
- 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
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Angola
- Botswana
- Comoros
- Democratic Republic of the Congo
- Lesotho
- Madagascar
- Malawi
- Mauritius
- Mozambique
- Namibia
- Seychelles
- South Africa
- Swaziland
- Tanzania
- Zambia
- Zimbabwe
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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