South Africa: Market for Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons 2024

Market Size for Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons in South Africa

In 2022, the South African cyclanic, cyclenic hydrocarbons derivatives market decreased by -7.7% to $X, falling for the second year in a row after two years of growth. In general, the total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +3.1% 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 -13.7% against 2020 indices. Cyclanic, cyclenic hydrocarbons derivatives consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons in South Africa

In value terms, cyclanic, cyclenic hydrocarbons derivatives production expanded to $X in 2022 estimated in export price. Overall, production recorded a strong expansion. The pace of growth appeared the most rapid in 2019 with an increase of 48% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons

Exports from South Africa

In 2022, shipments abroad of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons increased by 139% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, faced a abrupt contraction. The most prominent rate of growth was recorded in 2014 with an increase of 1,695%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, cyclanic, cyclenic hydrocarbons derivatives exports surged to $X in 2022. In general, exports, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2014 with an increase of 1,285%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Mozambique (X tons) was the main destination for cyclanic, cyclenic hydrocarbons derivatives exports from South Africa, accounting for a 74% share of total exports. Moreover, cyclanic, cyclenic hydrocarbons derivatives exports to Mozambique exceeded the volume sent to the second major destination, Zambia (X kg), sixfold. The third position in this ranking was taken by Swaziland (X kg), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to Mozambique totaled +58.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (-9.0% per year) and Swaziland (+19.6% per year).

In value terms, Mozambique ($X) emerged as the key foreign market for halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons exports from South Africa, comprising 77% of total exports. The second position in the ranking was taken by Zambia ($X), with a 14% share of total exports. It was followed by Swaziland, with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Mozambique stood at +38.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (+6.0% per year) and Swaziland (+14.7% per year).

Export Prices by Country

The average cyclanic, cyclenic hydrocarbons derivatives export price stood at $X per ton in 2022, declining by -25.7% against the previous year. Over the period under review, the export price, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2016 an increase of 109% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then shrank remarkably in the following year.

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 Botswana ($X per ton), while the average price for exports to Swaziland ($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 Democratic Republic of the Congo (+27.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons

Imports into South Africa

In 2022, overseas purchases of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons decreased by 0% to X kg, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a strong expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 145%. As a result, imports reached the peak of X kg. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, cyclanic, cyclenic hydrocarbons derivatives imports skyrocketed to $X in 2022. Overall, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of 366%. 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, the UK (X kg) constituted the largest cyclanic, cyclenic hydrocarbons derivatives supplier to South Africa, accounting for a 43% share of total imports. Moreover, cyclanic, cyclenic hydrocarbons derivatives imports from the UK exceeded the figures recorded by the second-largest supplier, France (X kg), twofold. Germany (X kg) ranked third in terms of total imports with a 17% share.

From 2012 to 2022, the average annual growth rate of volume from the UK amounted to +2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+62.7% per year) and Germany (-5.9% per year).

In value terms, the UK ($X) constituted the largest supplier of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons to South Africa, comprising 55% of total imports. The second position in the ranking was taken by Germany ($X), with an 18% share of total imports. It was followed by France, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from the UK was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-3.9% per year) and France (+94.1% per year).

Import Prices by Country

The average cyclanic, cyclenic hydrocarbons derivatives import price stood at $X per ton in 2022, with an increase of 72% against the previous year. Over the period under review, the import price posted mild growth. The growth pace was the most rapid in 2017 an increase of 122% against the previous year. Over the period under review, average import prices reached the maximum 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 the UK ($X per ton), while the price for India ($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 (+1,230.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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