SADC: Dichloromethane Market 2024

Dichloromethane Market Size in SADC

In 2021, the SADC dichloromethane market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, saw a abrupt setback. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Dichloromethane Production in SADC

In value terms, dichloromethane production fell rapidly to $X in 2021 estimated in export price. Over the period under review, production faced a dramatic slump. The pace of growth appeared the most rapid in 2020 with an increase of 1,214% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Dichloromethane Exports

Exports in SADC

In 2021, after two years of decline, there was significant growth in shipments abroad of dichloromethane (methylene chloride), when their volume increased by 6.2% to X tons. Over the period under review, exports, however, continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2017 with an increase of 15%. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, dichloromethane exports surged to $X in 2021. Overall, exports, however, saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 when exports increased by 36% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

South Africa prevails in exports structure, resulting at X tons, which was approx. 89% of total exports in 2021. It was distantly followed by Mauritius (X tons), comprising a 7.5% share of total exports. Tanzania (X tons) held a minor share of total exports.

From 2012 to 2021, average annual rates of growth with regard to dichloromethane exports from South Africa stood at -8.5%. Tanzania (-2.3%) and Mauritius (-9.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of South Africa and Tanzania increased by +16 and +2 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest dichloromethane supplier in SADC, comprising 91% of total exports. The second position in the ranking was held by Mauritius ($X), with a 5.2% share of total exports.

In South Africa, dichloromethane exports decreased by an average annual rate of -7.8% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Mauritius (-5.0% per year) and Tanzania (-0.4% per year).

Export Prices by Country

In 2021, the export price in SADC amounted to $X per ton, with an increase of 17% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2015 an increase of 27%. The level of export peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2021, the country with the highest price was South Africa ($X per ton), while Mauritius ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mauritius (+4.6%), while the other leaders experienced more modest paces of growth.

Dichloromethane Imports

Imports in SADC

Dichloromethane imports soared to X tons in 2021, rising by 33% against the previous year. Overall, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, dichloromethane imports soared to $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

South Africa represented the key importing country with an import of around X tons, which amounted to 64% of total imports. Tanzania (X tons) ranks second in terms of the total imports with an 11% share, followed by Democratic Republic of the Congo (7.7%) and Angola (4.8%). Zambia (X tons), Madagascar (X tons) and Zimbabwe (X tons) held a little share of total imports.

From 2012 to 2021, average annual rates of growth with regard to dichloromethane imports into South Africa stood at -1.9%. At the same time, Democratic Republic of the Congo (+7.9%), Tanzania (+4.4%) and Zambia (+1.3%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing importer imported in SADC, with a CAGR of +7.9% from 2012-2021. By contrast, Angola (-3.6%), Zimbabwe (-3.9%) and Madagascar (-4.1%) illustrated a downward trend over the same period. Democratic Republic of the Congo (+4.1 p.p.) and Tanzania (+3.8 p.p.) significantly strengthened its position in terms of the total imports, while South Africa saw its share reduced by -7.3% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported dichloromethane (methylene chloride) in SADC, comprising 65% of total imports. The second position in the ranking was taken by Democratic Republic of the Congo ($X), with a 9.7% share of total imports. It was followed by Tanzania, with an 8.3% share.

In South Africa, dichloromethane imports remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: Democratic Republic of the Congo (+10.1% per year) and Tanzania (+1.8% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2021, growing by 55% against the previous year. In general, the import price recorded a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Democratic Republic of the Congo ($X per ton), while Angola ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+2.3%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform