South Africa - Esters Of Acrylic Acid - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAcrylic Acid Esters Price in South Africa - 2023
Contents:
- Acrylic Acid Esters Price in South Africa (FOB) - 2023
- Acrylic Acid Esters Price in South Africa (CIF) - 2022
- Acrylic Acid Esters Exports in South Africa
- Acrylic Acid Esters Imports in South Africa
Acrylic Acid Esters Price in South Africa (FOB) - 2023
In July 2023, the average acrylic acid esters export price amounted to $1,373 per ton, dropping by -1.9% against the previous month. Overall, the export price recorded a pronounced slump. The pace of growth appeared the most rapid in February 2023 when the average export price increased by 16% m-o-m. The export price peaked at $1,878 per ton in July 2022; however, from August 2022 to July 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($1,488 per ton), while the average price for exports to the United Arab Emirates ($975 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+0.8%), while the prices for the other major destinations experienced a decline.
Acrylic Acid Esters Price in South Africa (CIF) - 2022
In 2022, the average acrylic acid esters import price amounted to $3,512 per ton, rising by 17% against the previous year. Overall, the import price enjoyed a notable increase. The pace of growth appeared the most rapid in 2021 an increase of 92%. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($8,000 per ton), while the price for Germany ($2,233 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Acrylic Acid Esters Exports in South Africa
In 2022, the amount of esters of acrylic acid exported from South Africa reduced rapidly to 35K tons, with a decrease of -57.9% on 2021 figures. Overall, exports continue to indicate a dramatic curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 26% against the previous year. As a result, the exports reached the peak of 84K tons, and then reduced markedly in the following year.
In value terms, acrylic acid esters exports fell remarkably to $68M in 2022. Over the period under review, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 89%. As a result, the exports attained the peak of $123M, and then declined significantly in the following year.
Export of Acrylic Acid Esters in South Africa (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 22.9 | 18.8 | 34.1 | 30.9 | 10.5% |
Belgium | 29.1 | 25.6 | 44.3 | 24.3 | -5.8% |
United Arab Emirates | 7.8 | 5.7 | 12.8 | 5.9 | -8.9% |
Singapore | 4.4 | 5.5 | 12.3 | 2.2 | -20.6% |
India | 12.8 | 4.3 | 12.0 | 2.0 | -46.1% |
Brazil | 2.3 | 2.3 | 3.3 | 0.6 | -36.1% |
Others | 3.6 | 2.6 | 3.7 | 1.7 | -22.1% |
Total | 83.1 | 64.9 | 123 | 67.6 | -6.6% |
Top Export Markets for Acrylic Acid Esters from South Africa in 2022:
- United States (16.1K tons)
- Belgium (12.3K tons)
- United Arab Emirates (3.5K tons)
- Singapore (1.2K tons)
- India (1.2K tons)
- Brazil (0.3K tons)
Acrylic Acid Esters Imports in South Africa
In 2022, acrylic acid esters imports into South Africa shrank sharply to 5.2K tons, which is down by -15.5% compared with the previous year. Overall, imports recorded a deep downturn. The growth pace was the most rapid in 2021 with an increase of 39%.
In value terms, acrylic acid esters imports fell to $18M in 2022. Over the period under review, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 166% against the previous year. As a result, imports attained the peak of $18M, and then fell in the following year.
Import of Acrylic Acid Esters in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1.5 | 1.4 | 9.4 | 9.3 | 83.7% |
Germany | 2.6 | 1.4 | 0.2 | 3.0 | 4.9% |
Taiwan (Chinese) | 1.3 | 1.2 | 2.0 | 2.4 | 22.7% |
United States | 3.2 | 1.8 | 2.8 | 2.0 | -14.5% |
South Korea | 0.1 | 0.4 | 0.7 | 1.0 | 115.4% |
United Arab Emirates | N/A | N/A | 0.7 | N/A | 0% |
Others | 0.5 | 0.6 | 2.5 | 0.5 | 0.0% |
Total | 9.3 | 6.9 | 18.4 | 18.2 | 25.1% |
Top Suppliers of Acrylic Acid Esters to South Africa in 2022:
- China (2257.4 tons)
- Germany (1348.6 tons)
- United States (878.6 tons)
- Taiwan (Chinese) (428.0 tons)
- South Korea (120.6 tons)
This report provides an in-depth analysis of the acrylic acid esters 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 20143320 - Esters of acrylic acid
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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In July 2023, the price of Acrylic Acid Esters was $1,373 per ton (FOB, South Africa), representing a decrease of 1.9% compared to the previous month.
Explore the top import markets for acrylic acid esters and delve into key statistics and numbers behind these markets.
In value terms, industrial monocarboxylic fatty acids imports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value increased at an average annual...
In value terms, industrial monocarboxylic fatty acids exports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annu...
In July 2023, the price of Acrylic Acid Esters was $1,373 per ton (FOB, South Africa), representing a decrease of 1.9% compared to the previous month.
Explore the top import markets for acrylic acid esters and delve into key statistics and numbers behind these markets.
In value terms, industrial monocarboxylic fatty acids imports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value increased at an average annual...
In value terms, industrial monocarboxylic fatty acids exports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annu...