South Africa: Market for Saturated Acyclic Monocarboxylic Acids 2025

Market Size for Saturated Acyclic Monocarboxylic Acids in South Africa

The South African saturated acyclic monocarboxylic acids market dropped modestly to $X in 2022, shrinking by X% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then declined in the following year.

Production of Saturated Acyclic Monocarboxylic Acids in South Africa

In value terms, saturated acyclic monocarboxylic acids production stood at $X in 2022 estimated in export price. Over the period under review, production recorded a perceptible descent. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Saturated acyclic monocarboxylic acids production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Saturated Acyclic Monocarboxylic Acids

Exports from South Africa

In 2022, shipments abroad of saturated acyclic monocarboxylic acids increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a abrupt descent. The pace of growth appeared the most rapid in 2019 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, saturated acyclic monocarboxylic acids exports totaled $X in 2022. Over the period under review, exports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X tons), the United States (X tons) and Nigeria (X tons) were the main destinations of saturated acyclic monocarboxylic acids exports from South Africa, together comprising X% 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 X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for saturated acyclic monocarboxylic acids exported from South Africa were Belgium ($X), the United States ($X) and Nigeria ($X), together comprising X% of total exports.

Nigeria, 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 more modest paces of growth.

Export Prices by Country

The average saturated acyclic monocarboxylic acids export price stood at $X per ton in 2022, surging by X% against the previous year. In general, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, saturated acyclic monocarboxylic acids export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in years to come.

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

Imports of Saturated Acyclic Monocarboxylic Acids

Imports into South Africa

In 2022, approx. X tons of saturated acyclic monocarboxylic acids were imported into South Africa; which is down by X% compared with the previous year's figure. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X tons, and then reduced markedly in the following year.

In value terms, saturated acyclic monocarboxylic acids imports amounted to $X in 2022. In general, total imports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Indonesia (X tons) and Malaysia (X tons) were the main suppliers of saturated acyclic monocarboxylic acids imports to South Africa, together comprising X% of total imports. Germany, the United States, India, the Netherlands, Belgium, South Korea and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

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 X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Indonesia ($X) and Malaysia ($X) were the largest saturated acyclic monocarboxylic acids suppliers to South Africa, together accounting for X% of total imports. Germany, the United States, India, the Netherlands, Belgium, South Korea and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, India, with a CAGR of X%, recorded the highest rates of growth with regard to 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 saturated acyclic monocarboxylic acids import price stood at $X per ton in 2022, growing by X% against the previous year. In general, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, saturated acyclic monocarboxylic acids import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked in 2022 and is likely to see steady growth in the near future.

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 Taiwan (Chinese) ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :