South Africa: Dichloromethane Market 2024

Dichloromethane Market Size in South Africa

In 2021, the South African dichloromethane market was finally on the rise to reach $X for the first time since 2012, thus ending a eight-year declining trend. Overall, consumption, however, recorded a abrupt decline. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Dichloromethane Production in South Africa

In value terms, dichloromethane production declined remarkably to $X in 2021 estimated in export price. Overall, production recorded a sharp curtailment. The growth pace was the most rapid in 2016 when the production volume decreased by -8.8% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Dichloromethane Exports

Exports from South Africa

In 2021, overseas shipments of dichloromethane (methylene chloride) were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, saw a abrupt decrease. The pace of growth appeared the most rapid in 2014 with an increase of 36% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, dichloromethane exports skyrocketed to $X in 2021. Over the period under review, exports, however, recorded a deep downturn. The pace of growth was the most pronounced in 2017 with an increase of 33%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Zimbabwe (X tons), Zambia (X tons) and Namibia (X tons) were the main destinations of dichloromethane exports from South Africa, together accounting for 81% 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 Namibia (with a CAGR of +30.4%), while the other leaders experienced more modest paces of growth.

In value terms, Zimbabwe ($X), Zambia ($X) and Namibia ($X) appeared to be the largest markets for dichloromethane exported from South Africa worldwide, with a combined 80% share of total exports.

Among the main countries of destination, Namibia, with a CAGR of +28.7%, 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 dichloromethane export price stood at $X per ton in 2021, surging by 5.2% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 28%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Mozambique ($X per ton), while the average price for exports to Namibia ($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 Mozambique (+14.9%), while the prices for the other major destinations experienced more modest paces of growth.

Dichloromethane Imports

Imports into South Africa

In 2021, approx. X tons of dichloromethane (methylene chloride) were imported into South Africa; growing by 36% on the previous year. In general, imports, however, saw a slight slump. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, dichloromethane imports soared to $X in 2021. Over the period under review, imports showed a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of dichloromethane to South Africa, with a 90% share of total imports. Moreover, dichloromethane imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold. France (X tons) ranked third in terms of total imports with a 1.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-13.6% per year) and France (-19.3% per year).

In value terms, China ($X) constituted the largest supplier of dichloromethane (methylene chloride) to South Africa, comprising 86% of total imports. The second position in the ranking was held by Germany ($X), with an 11% share of total imports. It was followed by France, with a 2.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-10.8% per year) and France (-12.9% per year).

Import Prices by Country

The average dichloromethane import price stood at $X per ton in 2021, jumping by 75% against the previous year. In general, import price indicated tangible growth from 2012 to 2021: its price increased at an average annual rate of +2.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+39.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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