South Africa - Hydrogen Peroxide - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSouth Africa: Hydrogen Peroxide Market 2024
Hydrogen Peroxide Market Size in South Africa
In 2022, the South African hydrogen peroxide market decreased by -3.9% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, the total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2021, and then dropped in the following year.
Hydrogen Peroxide Production in South Africa
In value terms, hydrogen peroxide production reached $X in 2022 estimated in export price. Over the period under review, the total production indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -8.1% against 2018 indices. The pace of growth was the most pronounced in 2017 with an increase of 27%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.
Hydrogen Peroxide Exports
Exports from South Africa
In 2022, overseas shipments of hydrogen peroxide increased by 29% to X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by 67% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.
In value terms, hydrogen peroxide exports soared to $X in 2022. Overall, exports recorded buoyant growth. The most prominent rate of growth was recorded in 2018 when exports increased by 93%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.
Exports by Country
Zimbabwe (X tons) was the main destination for hydrogen peroxide exports from South Africa, accounting for a 46% share of total exports. Moreover, hydrogen peroxide exports to Zimbabwe exceeded the volume sent to the second major destination, Swaziland (X tons), threefold. Democratic Republic of the Congo (X tons) ranked third in terms of total exports with an 11% share.
From 2012 to 2022, the average annual growth rate of volume to Zimbabwe amounted to +11.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Swaziland (+26.1% per year) and Democratic Republic of the Congo (+117.0% per year).
In value terms, Zimbabwe ($X) remains the key foreign market for hydrogen peroxide exports from South Africa, comprising 43% of total exports. The second position in the ranking was held by Swaziland ($X), with a 19% share of total exports. It was followed by Democratic Republic of the Congo, with a 14% share.
From 2012 to 2022, the average annual rate of growth in terms of value to Zimbabwe amounted to +12.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Swaziland (+32.2% per year) and Democratic Republic of the Congo (+112.1% per year).
Export Prices by Country
In 2022, the average hydrogen peroxide export price amounted to $X per ton, surging by 23% against the previous year. In general, the export price enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 40% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ghana ($X per ton), while the average price for exports to Mauritius ($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 Ghana (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.
Hydrogen Peroxide Imports
Imports into South Africa
In 2022, after two years of growth, there was significant decline in purchases abroad of hydrogen peroxide, when their volume decreased by -53.2% to X tons. In general, imports, however, showed a perceptible expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 75%. Imports peaked at X tons in 2021, and then fell markedly in the following year.
In value terms, hydrogen peroxide imports shrank dramatically to $X in 2022. Over the period under review, imports, however, showed a measured expansion. The pace of growth appeared the most rapid in 2021 with an increase of 59% against the previous year. As a result, imports reached the peak of $X, and then fell notably in the following year.
Imports by Country
Belgium (X tons), the Netherlands (X tons) and India (X tons) were the main suppliers of hydrogen peroxide imports to South Africa, together accounting for 75% of total imports.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +229.4%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest hydrogen peroxide suppliers to South Africa were Belgium ($X), India ($X) and the Netherlands ($X), with a combined 67% share of total imports. Thailand, Egypt, Bangladesh, China and Brazil lagged somewhat behind, together accounting for a further 24%.
In terms of the main suppliers, Egypt, with a CAGR of +156.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average hydrogen peroxide import price stood at $X per ton in 2022, picking up by 7.6% against the previous year. Overall, the import price, however, recorded a mild downturn. The most prominent rate of growth was recorded in 2013 an increase of 24% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+91.1%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the hydrogen peroxide 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 20136300 - Hydrogen peroxide
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
- How to outsource production to other countries
- How to prepare your business for global expansion
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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