South Africa: Anti-Freezing Preparations Market 2024

Anti-Freezing Preparations Market Size in South Africa

In 2021, the South African anti-freezing preparations market decreased by -4.2% to $X for the first time since 2018, thus ending a two-year rising trend. The market value increased at an average annual rate of +4.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2020, and then reduced modestly in the following year.

Anti-Freezing Preparations Production in South Africa

In value terms, anti-freezing preparations production reduced to $X in 2021 estimated in export price. Over the period under review, the total production indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +8.3% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of 19% against the previous year. Anti-freezing preparations production peaked at $X in 2020, and then declined in the following year.

Anti-Freezing Preparations Exports

Exports from South Africa

In 2021, the amount of anti-freezing preparations and prepared de-icing fluids exported from South Africa amounted to X tons, surging by 7.3% on the previous year. Over the period under review, total exports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -1.5% against 2019 indices. The most prominent rate of growth was recorded in 2014 when exports increased by 38%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, anti-freezing preparations exports skyrocketed to $X in 2021. In general, total exports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when exports increased by 30%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Zambia (X tons), Mozambique (X tons) and Namibia (X tons) were the main destinations of anti-freezing preparations exports from South Africa, together accounting for 52% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mozambique (with a CAGR of +29.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for anti-freezing preparations exported from South Africa were Zambia ($X), Namibia ($X) and Botswana ($X), with a combined 50% share of total exports. Mozambique, Zimbabwe, Democratic Republic of the Congo, Tanzania, Lesotho, Swaziland, Angola and Kenya lagged somewhat behind, together accounting for a further 43%.

Mozambique, with a CAGR of +20.3%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average anti-freezing preparations export price amounted to $X per ton, with an increase of 17% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Botswana ($X per ton), while the average price for exports to Mozambique ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.

Anti-Freezing Preparations Imports

Imports into South Africa

In 2021, approx. X tons of anti-freezing preparations and prepared de-icing fluids were imported into South Africa; picking up by 40% on the previous year. The total import volume increased at an average annual rate of +3.1% over the period from 2012 to 2021; 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, anti-freezing preparations imports surged to $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X tons), Belgium (X tons) and Turkey (X tons) were the main suppliers of anti-freezing preparations imports to South Africa, together accounting for 94% of total imports.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +70.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and the Netherlands ($X) constituted the largest anti-freezing preparations suppliers to South Africa, with a combined 92% share of total imports. Turkey lagged somewhat behind, accounting for a further 2.8%.

Turkey, with a CAGR of +68.6%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average anti-freezing preparations import price amounted to $X per ton, growing by 2% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2017 an increase of 8.6% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the countries with the highest prices were Germany ($X per ton) and Belgium ($X per ton), while the price for Turkey ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-1.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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