SADC: Cyclic Hydrocarbons Market 2024

Cyclic Hydrocarbons Market Size in SADC

The SADC cyclic hydrocarbons market rose slightly to $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Cyclic Hydrocarbons Production in SADC

In value terms, cyclic hydrocarbons production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Cyclic Hydrocarbons Exports

Exports in SADC

Cyclic hydrocarbons exports shrank to X tons in 2022, declining by X% on 2021. Over the period under review, exports, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports attained the peak of X tons, and then reduced modestly in the following year.

In value terms, cyclic hydrocarbons exports reached $X in 2022. Overall, exports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the near future.

Exports by Country

South Africa represented the key exporter of cyclic hydrocarbons in SADC, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2022. It was distantly followed by Namibia (X tons), committing a X% share of total exports. Swaziland (X tons) took a little share of total exports.

Exports from South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Namibia (X%) and Swaziland (X%) displayed positive paces of growth. Moreover, Namibia emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. Namibia (X p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest cyclic hydrocarbons supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Namibia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in South Africa amounted to X%. In the other countries, the average annual rates were as follows: Namibia (X% per year) and Swaziland (X% per year).

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2014 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Swaziland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced a decline in the export price figures.

Cyclic Hydrocarbons Imports

Imports in SADC

Cyclic hydrocarbons imports dropped dramatically to X tons in 2022, falling by X% against the previous year's figure. Over the period under review, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of X tons, and then declined remarkably in the following year.

In value terms, cyclic hydrocarbons imports rose notably to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

South Africa dominates imports structure, amounting to X tons, which was near X% of total imports in 2022. The following importers - Zimbabwe (X tons) and Tanzania (X tons) - together made up X% of total imports.

South Africa experienced a relatively flat trend pattern with regard to volume of imports of cyclic hydrocarbons. At the same time, Zimbabwe (X%) and Tanzania (X%) displayed positive paces of growth. Moreover, Zimbabwe emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. Zimbabwe (X p.p.) significantly strengthened its position in terms of the total imports, while South Africa saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported cyclic hydrocarbons in SADC, comprising X% of total imports. The second position in the ranking was held by Tanzania ($X), with a X% share of total imports.

In South Africa, cyclic hydrocarbons imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Tanzania (X% per year) and Zimbabwe (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, increasing by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Tanzania ($X per ton), while Zimbabwe ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform