South Africa: Market for Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function 2024

Market Size for Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function in South Africa

The South African market for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function surged to $X in 2022, picking up by 20% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -2.8% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function

Exports from South Africa

In 2022, exports of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function from South Africa declined to X tons, with a decrease of -5.6% on 2021 figures. In general, exports recorded a noticeable decline. The most prominent rate of growth was recorded in 2019 when exports increased by 278%. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, butanal butanal and acyclic aldehydes exports surged to $X in 2022. Overall, exports, however, showed a resilient increase. The growth pace was the most rapid in 2021 when exports increased by 349% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Nigeria (X tons) was the main destination for butanal butanal and acyclic aldehydes exports from South Africa, accounting for a 71% share of total exports. Moreover, butanal butanal and acyclic aldehydes exports to Nigeria exceeded the volume sent to the second major destination, Democratic Republic of the Congo (X tons), sevenfold. Namibia (X tons) ranked third in terms of total exports with a 7.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Nigeria amounted to +170.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (+125.4% per year) and Namibia (+69.2% per year).

In value terms, Nigeria ($X) remains the key foreign market for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function exports from South Africa, comprising 76% of total exports. The second position in the ranking was taken by Namibia ($X), with a 3.9% share of total exports. It was followed by Mozambique, with a 1.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Nigeria totaled +131.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (+80.2% per year) and Mozambique (-6.4% per year).

Export Prices by Country

In 2022, the average export price for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function amounted to $X per ton, picking up by 35% against the previous year. Overall, the export price saw a prominent expansion. The pace of growth appeared the most rapid in 2016 an increase of 134% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($X per ton), while the average price for exports to Democratic Republic of the Congo ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+30.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function

Imports into South Africa

In 2022, imports of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function into South Africa soared to X tons, jumping by 26% compared with 2021 figures. Overall, total imports indicated measured growth from 2012 to 2022: its volume increased at an average annual rate of +4.7% 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 +33.8% against 2019 indices. The growth pace was the most rapid in 2015 with an increase of 62%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, butanal butanal and acyclic aldehydes imports surged to $X in 2022. In general, total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -4.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 34% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of butanal butanal and acyclic aldehydes to South Africa, with a 69% share of total imports. Moreover, butanal butanal and acyclic aldehydes imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), sixfold. The third position in this ranking was taken by Italy (X tons), with a 9.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +11.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-5.3% per year) and Italy (+94.6% per year).

In value terms, China ($X) constituted the largest supplier of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function to South Africa, comprising 58% of total imports. The second position in the ranking was taken by Germany ($X), with a 9.8% share of total imports. It was followed by Italy, with a 9.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +15.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-4.1% per year) and Italy (+95.9% per year).

Import Prices by Country

The average import price for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function stood at $X per ton in 2022, which is down by -7.6% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 14%. Over the period under review, average import prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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