South Africa: Styrene-Acrylonitrile Market 2024

Styrene-Acrylonitrile Market Size in South Africa

The South African styrene-acrylonitrile market reduced to $X in 2022, which is down by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a pronounced curtailment. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Styrene-Acrylonitrile Exports

Exports from South Africa

In 2022, approx. X tons of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) were exported from South Africa; declining by X% on the previous year. Over the period under review, exports, however, showed a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons, and then declined dramatically in the following year.

In value terms, styrene-acrylonitrile exports shrank notably to $X in 2022. In general, exports, however, recorded a notable increase. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then contracted sharply in the following year.

Exports by Country

Venezuela (X tons), Swaziland (X tons) and Zimbabwe (X tons) were the main destinations of styrene-acrylonitrile exports from South Africa, with a combined X% share 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 Zimbabwe (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Venezuela ($X), Swaziland ($X) and Mozambique ($X) were the largest markets for styrene-acrylonitrile exported from South Africa worldwide, with a combined X% share of total exports. Zimbabwe, Democratic Republic of the Congo, Israel and Malaysia lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Zimbabwe, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average styrene-acrylonitrile export price stood at $X per ton in 2022, falling by X% against the previous year. Overall, the export price saw a perceptible descent. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The export price peaked 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 Democratic Republic of the Congo ($X per ton), while the average price for exports to Malaysia ($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 (X%), while the prices for the other major destinations experienced more modest paces of growth.

Styrene-Acrylonitrile Imports

Imports into South Africa

Styrene-acrylonitrile imports into South Africa dropped to X tons in 2022, declining by X% against the previous year's figure. In general, imports showed a noticeable curtailment. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, styrene-acrylonitrile imports dropped to $X in 2022. Over the period under review, imports continue to indicate a pronounced descent. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Taiwan (Chinese) (X tons), South Korea (X tons) and Malaysia (X tons) were the main suppliers of styrene-acrylonitrile imports to South Africa, with a combined X% share of total imports. Belgium, the Netherlands, Thailand, China and Germany lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Taiwan (Chinese) ($X), South Korea ($X) and the Netherlands ($X) appeared to be the largest styrene-acrylonitrile suppliers to South Africa, with a combined X% share of total imports. Belgium, Malaysia, Thailand, Germany and China lagged somewhat behind, together comprising a further X%.

China, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average styrene-acrylonitrile import price amounted to $X per ton, which is down by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton, and then contracted slightly in the following year.

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 the Netherlands ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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