SADC: Vinyl Chloride Market 2024

Vinyl Chloride Market Size in SADC

The SADC vinyl chloride market totaled $X in 2022, rising by X% against the previous year. The total consumption indicated moderate 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, consumption increased by X% against 2019 indices. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Vinyl Chloride Production in SADC

In value terms, vinyl chloride production expanded modestly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a mild setback. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Vinyl Chloride Exports

Exports in SADC

In 2022, approx. X kg of vinyl chloride (chloroethylene) were exported in SADC; with a decrease of X% on the year before. In general, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, vinyl chloride exports declined rapidly to $X in 2022. Overall, exports showed a deep downturn. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, South Africa (X kg) represented the key exporter of vinyl chloride (chloroethylene) in SADC, achieving X% of total export.

South Africa was also the fastest-growing in terms of the vinyl chloride (chloroethylene) exports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of South Africa increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest vinyl chloride supplier in SADC.

In South Africa, vinyl chloride exports shrank by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, the export price enjoyed a resilient increase. As a result, the export price attained 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 X% per year.

Vinyl Chloride Imports

Imports in SADC

In 2022, vinyl chloride imports in SADC fell to X tons, dropping by X% on the previous year's figure. Overall, imports, however, saw buoyant growth. The pace of growth appeared the most rapid in 2017 when imports increased by X%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, vinyl chloride imports contracted to $X in 2022. In general, imports saw a pronounced curtailment. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Zambia (X tons) represented the main importer of vinyl chloride (chloroethylene), making up X% of total imports. It was distantly followed by Mozambique (X tons), Mauritius (X tons), Democratic Republic of the Congo (X tons), Zimbabwe (X tons) and Lesotho (X tons), together constituting a X% share of total imports. Namibia (X kg) held a minor share of total imports.

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

In value terms, Zambia ($X), Mauritius ($X) and Mozambique ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Lesotho, Zimbabwe, Democratic Republic of the Congo and Namibia lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, with a decrease of X% against the previous year. In general, the import price recorded a abrupt decline. The growth pace was the most rapid in 2015 when the import price increased by X% 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 Mauritius ($X per ton), while Democratic Republic of the Congo ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform