SADC: Market for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid 2024

Market Size for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid in SADC

The SADC market for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid surged to $X in 2022, rising by 16% against the previous year. In general, consumption continues to indicate buoyant growth. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid in SADC

In value terms, production of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid contracted slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2017 when the production volume increased by 7,957%. Over the period under review, production of attained the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Exports in SADC

In 2022, approx. X tons of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid were exported in SADC; with a decrease of -20.7% compared with the year before. In general, exports faced a drastic downturn. The growth pace was the most rapid in 2017 with an increase of 86% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid skyrocketed to $X in 2022. Overall, exports faced a abrupt decline. The most prominent rate of growth was recorded in 2017 when exports increased by 82%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

The shipments of the one major exporters of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid, namely South Africa, represented more than two-thirds of total export.

South Africa was also the fastest-growing in terms of the dibutyl and dioctyl orthophthalates other esters of orthophthalic acid exports, with a CAGR of -13.3% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest dibutyl and dioctyl orthophthalates other esters of orthophthalic acid supplier in SADC.

In South Africa, exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid decreased by an average annual rate of -11.5% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, increasing by 51% against the previous year. Overall, the export price continues to indicate noticeable growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to +2.1% per year.

Imports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Imports in SADC

In 2022, imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid in SADC skyrocketed to X tons, rising by 22% against the previous year. In general, imports saw a resilient expansion. The pace of growth appeared the most rapid in 2018 when imports increased by 86%. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid surged to $X in 2022. Overall, imports continue to indicate a strong increase. The growth pace was the most rapid in 2018 with an increase of 85%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, Tanzania (X tons) was the major importer of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid, creating 72% of total imports. South Africa (X tons) held the second position in the ranking, followed by Mozambique (X tons). All these countries together took near 17% share of total imports. Malawi (X tons), Democratic Republic of the Congo (X tons) and Angola (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to dibutyl and dioctyl orthophthalates other esters of orthophthalic acid imports into Tanzania stood at +28.0%. At the same time, Malawi (+57.0%), Mozambique (+48.1%), Angola (+29.6%), South Africa (+12.0%) and Democratic Republic of the Congo (+10.6%) displayed positive paces of growth. Moreover, Malawi emerged as the fastest-growing importer imported in SADC, with a CAGR of +57.0% from 2012-2022. Tanzania (+42 p.p.), Mozambique (+4.7 p.p.), Malawi (+3.5 p.p.) and Angola (+1.6 p.p.) significantly strengthened its position in terms of the total imports, while Democratic Republic of the Congo and South Africa saw its share reduced by -2.3% and -7.2% from 2012 to 2022, respectively.

In value terms, Tanzania ($X) constitutes the largest market for imported dibutyl and dioctyl orthophthalates other esters of orthophthalic acid in SADC, comprising 69% of total imports. The second position in the ranking was taken by South Africa ($X), with a 14% share of total imports. It was followed by Mozambique, with a 6.6% share.

In Tanzania, imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid increased at an average annual rate of +25.9% over the period from 2012-2022. In the other countries, the average annual rates were as follows: South Africa (+4.8% per year) and Mozambique (+45.7% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, falling by -5.9% against the previous year. In general, the import price saw a noticeable slump. The most prominent rate of growth was recorded in 2021 when the import price increased by 37% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Democratic Republic of the Congo ($X per ton), while Malawi ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Democratic Republic of the Congo (+0.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform