South Africa: Cyclohexanone And Methylcyclohexanones Market 2024

Cyclohexanone And Methylcyclohexanones Market Size in South Africa

The South African cyclohexanone and methylcyclohexanones market skyrocketed to $X in 2021, jumping by 67% 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). Over the period under review, consumption, however, showed a abrupt curtailment. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Cyclohexanone And Methylcyclohexanones Exports

Exports from South Africa

In 2021, the amount of cyclohexanone and methylcyclohexanones exported from South Africa surged to X tons, with an increase of 18% against the previous year. Over the period under review, exports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2019 with an increase of 81% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, cyclohexanone and methylcyclohexanones exports skyrocketed to $X in 2021. In general, exports posted a perceptible increase. The most prominent rate of growth was recorded in 2018 with an increase of 54% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

Zimbabwe (X tons) was the main destination for cyclohexanone and methylcyclohexanones exports from South Africa, accounting for a 55% share of total exports. Moreover, cyclohexanone and methylcyclohexanones exports to Zimbabwe exceeded the volume sent to the second major destination, Zambia (X tons), threefold. The third position in this ranking was taken by Malawi (X tons), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to Zimbabwe amounted to +15.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (+25.6% per year) and Malawi (-11.0% per year).

In value terms, Zimbabwe ($X), Zambia ($X) and Malawi ($X) were the largest markets for cyclohexanone and methylcyclohexanones exported from South Africa worldwide, with a combined 88% share of total exports.

Zambia, with a CAGR of +28.7%, saw the highest growth rate of 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 cyclohexanone and methylcyclohexanones export price amounted to $X per ton, increasing by 18% against the previous year. Overall, the export price, however, showed a perceptible slump. The most prominent rate of growth was recorded in 2013 an increase of 25%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Zambia ($X per ton), while the average price for exports to Democratic Republic of the Congo ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lesotho (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.

Cyclohexanone And Methylcyclohexanones Imports

Imports into South Africa

In 2021, the amount of cyclohexanone and methylcyclohexanones imported into South Africa soared to X tons, rising by 26% against the previous year's figure. Overall, imports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2019 when imports increased by 87% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, cyclohexanone and methylcyclohexanones imports skyrocketed to $X in 2021. In general, imports, however, showed a abrupt slump. The growth pace was the most rapid in 2019 when imports increased by 90%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X tons), Taiwan (Chinese) (X tons) and the Netherlands (X tons) were the main suppliers of cyclohexanone and methylcyclohexanones imports to South Africa, together comprising 96% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +20.3%), while imports for the other leaders experienced a decline.

In value terms, the largest cyclohexanone and methylcyclohexanones suppliers to South Africa were Germany ($X), Taiwan (Chinese) ($X) and the Netherlands ($X), together comprising 96% of total imports.

In terms of the main suppliers, Germany, with a CAGR of +20.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average cyclohexanone and methylcyclohexanones import price amounted to $X per ton, rising by 50% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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