SADC: Market for Saturated Acyclic Monocarboxylic Acids 2024

Market Size for Saturated Acyclic Monocarboxylic Acids in SADC

The SADC saturated acyclic monocarboxylic acids market shrank modestly to $X in 2022, with a decrease of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2021, and then shrank slightly in the following year.

Production of Saturated Acyclic Monocarboxylic Acids in SADC

In value terms, saturated acyclic monocarboxylic acids production amounted to $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 remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2020; afterwards, it flattened through to 2022.

Exports of Saturated Acyclic Monocarboxylic Acids

Exports in SADC

In 2022, after two years of decline, there was growth in overseas shipments of saturated acyclic monocarboxylic acids, when their volume increased by X% to X tons. In general, exports, however, faced a drastic downturn. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, saturated acyclic monocarboxylic acids exports rose remarkably to $X in 2022. Over the period under review, exports, however, showed a deep reduction. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, South Africa (X tons) was the key exporter of saturated acyclic monocarboxylic acids in SADC, comprising X% of total export.

South Africa was also the fastest-growing in terms of the saturated acyclic monocarboxylic acids exports, with a CAGR of X% 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 saturated acyclic monocarboxylic acids supplier in SADC.

From 2012 to 2022, the average annual growth rate of value in South Africa stood at X%.

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, rising by X% against the previous year. Export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, saturated acyclic monocarboxylic acids export price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure in 2022 and is likely to see steady growth in years to come.

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 X% per year.

Imports of Saturated Acyclic Monocarboxylic Acids

Imports in SADC

In 2022, imports of saturated acyclic monocarboxylic acids in SADC contracted remarkably to X tons, waning by X% on the previous year. Total imports indicated a measured increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of X tons, and then fell significantly in the following year.

In value terms, saturated acyclic monocarboxylic acids imports expanded notably to $X in 2022. Total imports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

South Africa prevails in imports structure, reaching X tons, which was approx. X% of total imports in 2022. It was distantly followed by Tanzania (X tons) and Mauritius (X tons), together comprising a X% share of total imports. The following importers - Angola (X tons), Democratic Republic of the Congo (X tons), Zimbabwe (X tons) and Zambia (X tons) - together made up X% of total imports.

Imports into South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Democratic Republic of the Congo (X%), Mauritius (X%), Angola (X%), Zimbabwe (X%) and Tanzania (X%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. By contrast, Zambia (X%) illustrated a downward trend over the same period. While the share of Mauritius (X p.p.), Tanzania (X p.p.), Democratic Republic of the Congo (X p.p.) and Angola (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Zambia (X p.p.) and South Africa (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported saturated acyclic monocarboxylic acids in SADC, comprising X% of total imports. The second position in the ranking was held by Tanzania ($X), with a X% share of total imports. It was followed by Angola, with a X% share.

In South Africa, saturated acyclic monocarboxylic acids imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Tanzania (X% per year) and Angola (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, rising by X% against the previous year. Import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, saturated acyclic monocarboxylic acids import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. Over the period under review, import prices attained the maximum in 2022 and is expected to retain growth in the near future.

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 Angola ($X per ton), while Mauritius ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform