South Africa: Market for Organic Derivatives Of Hydrazine Or Of Hydroxylamine 2024

Market Size for Organic Derivatives Of Hydrazine Or Of Hydroxylamine in South Africa

The South African hydrazine and hydroxylamine derivatives market shrank to $X in 2022, reducing by -8.6% against the previous year. Over the period under review, consumption continues to indicate a deep downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Organic Derivatives Of Hydrazine Or Of Hydroxylamine in South Africa

In value terms, hydrazine and hydroxylamine derivatives production shrank to $X in 2022 estimated in export price. In general, production continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 when the production volume increased by 20% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Organic Derivatives Of Hydrazine Or Of Hydroxylamine

Exports from South Africa

In 2022, overseas shipments of organic derivatives of hydrazine or of hydroxylamine increased by 96% to X tons, rising for the second year in a row after five years of decline. In general, exports, however, recorded a abrupt decline. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, hydrazine and hydroxylamine derivatives exports skyrocketed to $X in 2022. Overall, exports, however, recorded a precipitous descent. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Nigeria (X tons), Zimbabwe (X tons) and Cote d'Ivoire (X tons) were the main destinations of hydrazine and hydroxylamine derivatives exports from South Africa, together comprising 82% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Nigeria (with a CAGR of +111.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hydrazine and hydroxylamine derivatives exported from South Africa were Nigeria ($X), Zimbabwe ($X) and Cote d'Ivoire ($X), together comprising 83% of total exports.

Nigeria, with a CAGR of +130.1%, 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 hydrazine and hydroxylamine derivatives export price amounted to $X per ton, increasing by 9.9% against the previous year. In general, the export price, however, continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2016 when the average export price increased by 52%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zimbabwe ($X per ton), while the average price for exports to Namibia ($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 Nigeria (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Organic Derivatives Of Hydrazine Or Of Hydroxylamine

Imports into South Africa

Hydrazine and hydroxylamine derivatives imports into South Africa dropped to X tons in 2022, waning by -7.9% compared with the previous year's figure. In general, imports, however, showed resilient growth. The pace of growth appeared the most rapid in 2021 when imports increased by 170%. As a result, imports reached the peak of X tons, and then declined in the following year.

In value terms, hydrazine and hydroxylamine derivatives imports expanded slightly to $X in 2022. Over the period under review, imports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 217%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) constituted the largest hydrazine and hydroxylamine derivatives supplier to South Africa, with a 59% share of total imports. Moreover, hydrazine and hydroxylamine derivatives imports from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. India (X tons) ranked third in terms of total imports with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at +39.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+0.1% per year) and India (+7.8% per year).

In value terms, the largest hydrazine and hydroxylamine derivatives suppliers to South Africa were China ($X), the United States ($X) and India ($X), together comprising 96% of total imports.

Among the main suppliers, the United States, with a CAGR of +38.6%, 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 hydrazine and hydroxylamine derivatives import price stood at $X per ton in 2022, increasing by 14% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hydrazine and hydroxylamine derivatives import price increased by +33.9% against 2020 indices. The pace of growth appeared the most rapid in 2015 when the average import price increased by 20% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Japan ($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 (+13.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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