Report Update Nov 1, 2024

South Africa - Diazo-, Azo- or Azoxy-Compounds - Market Analysis, Forecast, Size, Trends and Insights

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South Africa: Azo- Or Azoxy-Compounds Market 2024

Azo- Or Azoxy-Compounds Market Size in South Africa

In 2022, the South African azo- or azoxy-compounds market increased by 13% to $X, rising for the second consecutive year after six years of decline. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Azo- Or Azoxy-Compounds Exports

Exports from South Africa

Azo- or azoxy-compounds exports from South Africa fell remarkably to X tons in 2022, with a decrease of -59.1% against the previous year. In general, exports, however, posted resilient growth. The most prominent rate of growth was recorded in 2013 when exports increased by 3,110%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, azo- or azoxy-compounds exports declined remarkably to $X in 2022. Over the period under review, exports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2013 when exports increased by 2,362%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Kenya (X kg), Mozambique (X kg) and Lesotho (X kg) were the main destinations of azo- or azoxy-compounds exports from South Africa, with a combined 73% share of total exports. Democratic Republic of the Congo, Zimbabwe, Namibia and Zambia lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2022, the biggest increases were recorded for Zimbabwe (with a CAGR of +34.9%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for azo- or azoxy-compounds exported from South Africa were Kenya ($X), Mozambique ($X) and Zimbabwe ($X), with a combined 72% share of total exports.

Zimbabwe, with a CAGR of +60.4%, recorded the highest growth rate of the value of exports, among 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 2022, the average azo- or azoxy-compounds export price amounted to $X per ton, increasing by 15% against the previous year. Over the period under review, the export price, however, showed a mild curtailment. The pace of growth was the most pronounced in 2020 an increase of 117%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Zimbabwe ($X per ton), while the average price for exports to Lesotho ($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 Zimbabwe (+18.9%), while the prices for the other major destinations experienced more modest paces of growth.

Azo- Or Azoxy-Compounds Imports

Imports into South Africa

Azo- or azoxy-compounds imports into South Africa reduced to X tons in 2022, which is down by -8.7% on the previous year. Over the period under review, imports saw a slight descent. The most prominent rate of growth was recorded in 2014 with an increase of 81%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, azo- or azoxy-compounds imports soared to $X in 2022. In general, imports, however, continue to indicate a modest expansion. The most prominent rate of growth was recorded in 2020 with an increase of 140% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

Indonesia (X tons), China (X tons) and Japan (X tons) were the main suppliers of azo- or azoxy-compounds imports to South Africa, together accounting for 78% of total imports. South Korea and France lagged somewhat behind, together comprising a further 18%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +0.0%), while purchases for the other leaders experienced a decline.

In value terms, Japan ($X) constituted the largest supplier of diazo-, azo- or azoxy-compounds to South Africa, comprising 67% of total imports. The second position in the ranking was taken by Indonesia ($X), with an 11% share of total imports. It was followed by France, with a 9.8% share.

From 2012 to 2022, the average annual growth rate of value from Japan was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (-2.3% per year) and France (+5.2% per year).

Import Prices by Country

In 2022, the average azo- or azoxy-compounds import price amounted to $X per ton, increasing by 84% against the previous year. Overall, the import price recorded a notable increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 276% against the previous year. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for diazo-, azo- or azoxy-compounds in the world?

China constituted the country with the largest volume of azo- or azoxy-compounds consumption, accounting for 22% of total volume. Moreover, azo- or azoxy-compounds consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 6% share.

What are the largest producers of diazo-, azo- or azoxy-compounds in the world?

The country with the largest volume of azo- or azoxy-compounds production was China, comprising approx. 58% of total volume. Moreover, azo- or azoxy-compounds production in China exceeded the figures recorded by the second-largest producer, Indonesia, sixfold. India ranked third in terms of total production with a 9.5% share.

What are the leading suppliers of diazo-, azo- or azoxy-compounds to South Africa?

In value terms, the United States, Indonesia and China were the largest azo- or azoxy-compounds suppliers to South Africa, together comprising 63% of total imports.

What are the leading importers of diazo-, azo- or azoxy-compounds from South Africa?

In value terms, the largest markets for azo- or azoxy-compounds exported from South Africa were Zimbabwe, Kenya and Swaziland, with a combined 65% share of total exports.

What is the average export price for diazo-, azo- or azoxy-compounds in South Africa?

In 2021, the average azo- or azoxy-compounds export price amounted to $6,534 per ton, growing by 7.2% against the previous year.

What is the average import price for diazo-, azo- or azoxy-compounds in South Africa?

The average azo- or azoxy-compounds import price stood at $4,364 per ton in 2021, declining by -57.8% against the previous year.

This report provides an in-depth analysis of the azo- or azoxy-compounds market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20144420 - Diazo-, azo- or azoxy-compounds

Country coverage:

South Africa

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in South Africa
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023