South Africa: Amylaceous Finishing Agents Market 2024

Amylaceous Finishing Agents Market Size in South Africa

In 2022, the South African amylaceous finishing agents market decreased by X% to $X for the first time since 2015, thus ending a six-year rising trend. Overall, consumption, however, enjoyed a strong increase. Over the period under review, the market hit record highs at $X in 2021, and then shrank modestly in the following year.

Amylaceous Finishing Agents Production in South Africa

In value terms, amylaceous finishing agents production stood at $X in 2022 estimated in export price. In general, production, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Amylaceous Finishing Agents Exports

Exports from South Africa

In 2022, exports of finishing agents with amylaceous basis from South Africa dropped notably to X tons, which is down by X% compared with the previous year's figure. Overall, exports, however, recorded a notable increase. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, amylaceous finishing agents exports declined rapidly to $X in 2022. In general, exports, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Zimbabwe (X tons) was the main destination for amylaceous finishing agents exports from South Africa, with a X% share of total exports. Moreover, amylaceous finishing agents exports to Zimbabwe exceeded the volume sent to the second major destination, Mauritius (X tons), twofold. Australia (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Zimbabwe stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritius (X% per year) and Australia (X% per year).

In value terms, Zimbabwe ($X), Australia ($X) and Mauritius ($X) were the largest markets for amylaceous finishing agents exported from South Africa worldwide, with a combined X% share of total exports.

Mauritius, with a CAGR of X%, 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 mixed trend patterns.

Export Prices by Country

In 2022, the average amylaceous finishing agents export price amounted to $X per ton, surging by X% against the previous year. In general, the export price saw a measured increase. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 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 Australia ($X per ton), while the average price for exports to Zambia ($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 Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Amylaceous Finishing Agents Imports

Imports into South Africa

Amylaceous finishing agents imports into South Africa contracted dramatically to X tons in 2022, dropping by X% against the previous year's figure. Over the period under review, imports recorded a deep contraction. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, amylaceous finishing agents imports shrank to $X in 2022. In general, imports saw a slight curtailment. The growth pace was the most rapid in 2017 with an increase of X%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest amylaceous finishing agents supplier to South Africa, with a X% share of total imports. Moreover, amylaceous finishing agents imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled X%.

In value terms, Italy ($X) constituted the largest supplier of finishing agents with amylaceous basis to South Africa, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy amounted to X%.

Import Prices by Country

In 2022, the average amylaceous finishing agents import price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price posted a remarkable increase. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Germany totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%).

Source: IndexBox Platform

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