SADC: Oxygen-Function Amino-Compound Market 2024

Oxygen-Function Amino-Compound Market Size in SADC

In 2021, after two years of decline, there was significant growth in the SADC oxygen-function amino-compound market, when its value increased by 33% to $X. The total consumption indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2021 and is likely to see gradual growth in the immediate term.

Oxygen-Function Amino-Compound Production in SADC

In value terms, oxygen-function amino-compound production skyrocketed to $X in 2021 estimated in export price. In general, production posted a strong increase. The pace of growth appeared the most rapid in 2014 when the production volume increased by 118%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Oxygen-Function Amino-Compound Exports

Exports in SADC

In 2021, approx. X tons of oxygen-function amino-compounds were exported in SADC; growing by 77% compared with the year before. In general, exports saw a significant expansion. The pace of growth was the most pronounced in 2013 when exports increased by 100% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the immediate term.

In value terms, oxygen-function amino-compound exports surged to $X in 2021. Over the period under review, exports showed a buoyant expansion. The pace of growth appeared the most rapid in 2014 with an increase of 180%. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

South Africa prevails in exports structure, recording X tons, which was approx. 88% of total exports in 2021. It was distantly followed by Swaziland (X tons), achieving a 6.3% share of total exports. Mozambique (X tons) and Angola (X tons) followed a long way behind the leaders.

Exports from South Africa increased at an average annual rate of +19.9% from 2012 to 2021. At the same time, Angola (+46.0%), Mozambique (+31.9%) and Swaziland (+23.4%) displayed positive paces of growth. Moreover, Angola emerged as the fastest-growing exporter exported in SADC, with a CAGR of +46.0% from 2012-2021. From 2012 to 2021, the share of Angola increased by +1.9 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest oxygen-function amino-compound supplier in SADC, comprising 79% of total exports. The second position in the ranking was held by Swaziland ($X), with a 13% share of total exports. It was followed by Mozambique, with a 5.9% share.

In South Africa, oxygen-function amino-compound exports increased at an average annual rate of +18.8% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Swaziland (+20.9% per year) and Mozambique (+13.5% per year).

Export Prices by Country

In 2021, the export price in SADC amounted to $X per ton, picking up by 5% against the previous year. Over the period under review, the export price, however, recorded a mild curtailment. The pace of growth was the most pronounced in 2014 when the export price increased by 140%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Mozambique ($X per ton), while Angola ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Angola (+4.1%), while the other leaders experienced a decline in the export price figures.

Oxygen-Function Amino-Compound Imports

Imports in SADC

In 2021, the amount of oxygen-function amino-compounds imported in SADC surged to X tons, jumping by 20% against the year before. Total imports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +6.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +52.0% against 2017 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, oxygen-function amino-compound imports skyrocketed to $X in 2021. Total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +47.5% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

South Africa prevails in imports structure, recording X tons, which was near 90% of total imports in 2021. The following importers - Angola (X tons) and Tanzania (X tons) - each recorded a 5.3% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to oxygen-function amino-compound imports into South Africa stood at +6.0%. At the same time, Tanzania (+27.3%) and Angola (+7.9%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing importer imported in SADC, with a CAGR of +27.3% from 2012-2021. While the share of Tanzania (+2.1 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of South Africa (-3.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported oxygen-function amino-compounds in SADC, comprising 87% of total imports. The second position in the ranking was held by Angola ($X), with a 4.2% share of total imports.

In South Africa, oxygen-function amino-compound imports expanded at an average annual rate of +5.6% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Angola (+9.9% per year) and Tanzania (+28.3% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2021, growing by 25% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The level of import peaked at $X per ton in 2012; afterwards, it flattened through to 2021.

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 ($X per ton), while South Africa ($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 (+1.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform