Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in South Africa - 2023

Contents:

  1. Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in South Africa (CIF) - 2022
  2. Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in South Africa (FOB) - 2022
  3. Imports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in South Africa
  4. Exports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in South Africa

Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in South Africa (CIF) - 2022

The average import price for polymers of vinyl chloride or of other halogenated olefins, in primary formses stood at $1,477 per ton in 2022, declining by -8.1% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 51%. As a result, import price reached the peak level of $1,607 per ton, and then dropped 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 Germany ($2,425 per ton), while the price for Taiwan (Chinese) ($1,023 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in South Africa (FOB) - 2022

In 2022, the average export price for polymers of vinyl chloride or of other halogenated olefins, in primary formses amounted to $1,810 per ton, picking up by 17% against the previous year. In general, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for polymers of vinyl chloride or of other halogenated olefins, in primary formses increased by +96.0% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 67% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

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 Zambia ($2,401 per ton), while the average price for exports to Senegal ($1,364 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 Morocco (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in South Africa

In 2022, the amount of polymers of vinyl chloride or of other halogenated olefins, in primary formses imported into South Africa surged to 88K tons, jumping by 19% on the previous year's figure. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +16.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 62%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of polymers of vinyl chloride or of other halogenated olefins, in primary formses expanded remarkably to $131M in 2022. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 145% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Import of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.62.735.040.4106.3%
South Korea5.54.320.023.462.0%
Germany13.29.69.414.63.4%
Belgium5.04.97.78.921.2%
Thailand2.52.111.98.449.8%
France7.57.05.95.9-7.7%
Spain1.22.43.95.667.1%
United States9.16.24.94.1-23.3%
Taiwan (Chinese)3.61.84.43.1-4.9%
Norway0.10.42.13.1214.1%
Sweden0.81.32.22.546.2%
Others10.06.212.310.51.6%
Total63.148.912013127.6%

Top Suppliers of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms to South Africa in 2022:

  1. China (28.5K tons)
  2. South Korea (18.5K tons)
  3. Thailand (6.3K tons)
  4. Germany (6.0K tons)
  5. Belgium (5.6K tons)
  6. Spain (4.1K tons)
  7. United States (3.5K tons)
  8. Taiwan (Chinese) (3.1K tons)
  9. Norway (2.8K tons)
  10. France (2.6K tons)
  11. Sweden (1.8K tons)

Exports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in South Africa

In 2022, shipments abroad of polymers of vinyl chloride or of other halogenated olefins, in primary formses decreased by -18.9% to 36K tons, falling for the second year in a row after two years of growth. In general, exports saw a deep slump. The pace of growth appeared the most rapid in 2020 with an increase of 13% against the previous year. As a result, the exports attained the peak of 65K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of polymers of vinyl chloride or of other halogenated olefins, in primary formses shrank modestly to $66M in 2022. The total export value increased at an average annual rate of +6.4% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 16%. As a result, the exports reached the peak of $69M, and then shrank slightly in the following year.

Export of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Botswana20.315.728.823.65.1%
Zambia5.66.813.218.448.7%
Zimbabwe6.810.813.514.629.0%
Morocco2.41.4N/A1.4-16.4%
Malawi1.83.42.21.1-15.1%
Cameroon1.61.40.41.0-14.5%
Senegal0.20.11.90.965.1%
Mozambique1.10.90.40.3-35.2%
Nigeria3.76.01.10.3-56.7%
India1.72.2N/AN/A29.4%
United Arab Emirates3.72.5N/AN/A-32.4%
Others5.58.67.43.9-10.8%
Total54.559.769.065.66.4%

Top Export Markets for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms from South Africa in 2022:

  1. Botswana (14.9K tons)
  2. Zimbabwe (8.2K tons)
  3. Zambia (7.7K tons)
  4. Morocco (0.8K tons)
  5. Malawi (0.7K tons)
  6. Senegal (0.7K tons)
  7. Cameroon (0.6K tons)
  8. Mozambique (0.5K tons)
  9. Nigeria (0.2K tons)

Source: IndexBox Market Intelligence Platform

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