South Africa: Acrylic Polymer Market 2025

Acrylic Polymer Market Size in South Africa

The South African acrylic polymer market dropped modestly to $X in 2022, which is down by X% against the previous year. In general, consumption saw a relatively flat trend pattern. Acrylic polymer consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Acrylic Polymer Production in South Africa

In value terms, acrylic polymer production expanded sharply to $X in 2022 estimated in export price. Over the period under review, production, however, showed a deep downturn. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Acrylic polymer production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Acrylic Polymer Exports

Exports from South Africa

In 2022, the amount of acrylic polymers (in primary forms) exported from South Africa soared to X tons, growing by X% against 2021 figures. Overall, exports showed a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, acrylic polymer exports soared to $X in 2022. Over the period under review, exports, however, continue to indicate a pronounced decrease. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Thailand (X tons) was the main destination for acrylic polymer exports from South Africa, accounting for a X% share of total exports. Moreover, acrylic polymer exports to Thailand exceeded the volume sent to the second major destination, Democratic Republic of the Congo (X tons), threefold. The third position in this ranking was taken by Zambia (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Thailand stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (X% per year) and Zambia (X% per year).

In value terms, the largest markets for acrylic polymer exported from South Africa were Democratic Republic of the Congo ($X), Zambia ($X) and Thailand ($X), together comprising X% of total exports.

Among the main countries of destination, Thailand, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average acrylic polymer export price stood at $X per ton in 2022, declining by X% against the previous year. In general, the export price continues to indicate a pronounced reduction. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per ton), while the average price for exports to Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (X%), while the prices for the other major destinations experienced a decline.

Acrylic Polymer Imports

Imports into South Africa

In 2022, supplies from abroad of acrylic polymers (in primary forms) increased by X% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, acrylic polymer imports surged to $X in 2022. The total import 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 most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

China (X tons), South Korea (X tons) and France (X tons) were the main suppliers of acrylic polymer imports to South Africa, with a combined X% share of total imports. Japan, Germany, Belgium, India, Taiwan (Chinese), Malaysia, the Netherlands, Turkey, the United States and Spain lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest acrylic polymer suppliers to South Africa were China ($X), South Korea ($X) and Germany ($X), with a combined X% share of total imports. France, Japan, Belgium, Taiwan (Chinese), India, the United States, the Netherlands, Malaysia, Turkey and Spain lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Malaysia, with a CAGR of X%, 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

The average acrylic polymer import price stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price, however, continues to indicate a slight curtailment. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure 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 supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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