SADC: Market for Industrial Monocarboxylic Fatty Acids 2025

Market Size for Industrial Monocarboxylic Fatty Acids in SADC

The SADC industrial monocarboxylic fatty acids market dropped to $X in 2021, reducing by -3.8% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then fell in the following year.

Production of Industrial Monocarboxylic Fatty Acids in SADC

In value terms, industrial monocarboxylic fatty acids production declined to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.3% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 19%. As a result, production reached the peak level of $X, and then dropped in the following year.

Exports of Industrial Monocarboxylic Fatty Acids

Exports in SADC

In 2021, shipments abroad of industrial monocarboxylic fatty acids increased by 57% to X tons, rising for the fifth year in a row after two years of decline. Overall, exports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2014 with an increase of 103% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, industrial monocarboxylic fatty acids exports skyrocketed to $X in 2021. In general, exports showed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 142% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Exports by Country

South Africa was the main exporter of industrial monocarboxylic fatty acids in SADC, with the volume of exports reaching X tons, which was approx. 69% of total exports in 2021. It was distantly followed by Mozambique (X tons) and Zambia (X tons), together comprising a 24% share of total exports. Zimbabwe (X tons) and Mauritius (X tons) took a relatively small share of total exports.

Exports from South Africa increased at an average annual rate of +23.8% from 2012 to 2021. At the same time, Zambia (+65.2%), Mozambique (+60.5%) and Zimbabwe (+21.9%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest-growing exporter exported in SADC, with a CAGR of +65.2% from 2012-2021. By contrast, Mauritius (-5.7%) illustrated a downward trend over the same period. While the share of South Africa (+20 p.p.), Mozambique (+15 p.p.) and Zambia (+7.7 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Mauritius (-11.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest industrial monocarboxylic fatty acids supplier in SADC, comprising 72% of total exports. The second position in the ranking was taken by Mozambique ($X), with a 21% share of total exports. It was followed by Zambia, with a 2.9% share.

In South Africa, industrial monocarboxylic fatty acids exports increased at an average annual rate of +21.6% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Mozambique (+67.9% per year) and Zambia (+66.1% per year).

Export Prices by Country

The export price in SADC stood at $X per ton in 2021, increasing by 46% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The level of export peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Mozambique ($X per ton), while Zambia ($X per ton) was amongst the lowest.

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

Imports of Industrial Monocarboxylic Fatty Acids

Imports in SADC

In 2021, supplies from abroad of industrial monocarboxylic fatty acids decreased by -12.3% to X tons for the first time since 2016, thus ending a four-year rising trend. Over the period under review, imports recorded a mild decline. The growth pace was the most rapid in 2018 with an increase of 12%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, industrial monocarboxylic fatty acids imports soared to $X in 2021. Overall, imports showed a mild curtailment. The growth pace was the most rapid in 2020 with an increase of 34% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Tanzania (X tons) and South Africa (X tons) were the major importers of industrial monocarboxylic fatty acids in SADC, together reaching approx. 70% of total imports. Angola (X tons) held the next position in the ranking, followed by Zimbabwe (X tons), Malawi (X tons) and Madagascar (X tons). All these countries together held approx. 29% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Zimbabwe (with a CAGR of +56.6%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest industrial monocarboxylic fatty acids importing markets in SADC were South Africa ($X), Tanzania ($X) and Angola ($X), together accounting for 78% of total imports. Malawi, Zimbabwe and Madagascar lagged somewhat behind, together accounting for a further 20%.

Among the main importing countries, Zimbabwe, with a CAGR of +37.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in SADC amounted to $X per ton, increasing by 45% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. As a result, import price reached 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, amid the top importers, the country with the highest price was Angola ($X per ton), while Madagascar ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Angola (+3.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform