Alcohols; Polyhydric, Pentaerythritol Price in South Africa - 2023
Contents:
- Alcohols; Polyhydric, Pentaerythritol Price in South Africa (CIF) - 2023
- Alcohols; Polyhydric, Pentaerythritol Price in South Africa (FOB) - 2022
- Alcohols; Polyhydric, Pentaerythritol Imports in South Africa
- Alcohols; Polyhydric, Pentaerythritol Exports in South Africa
Alcohols; Polyhydric, Pentaerythritol Price in South Africa (CIF) - 2023
In July 2023, the average alcohols; polyhydric, pentaerythritol import price amounted to $1,832 per ton, falling by -7.8% against the previous month. In general, the import price recorded a pronounced setback. The growth pace was the most rapid in October 2022 when the average import price increased by 35% against the previous month. As a result, import price attained the peak level of $2,710 per ton. From November 2022 to July 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Sweden ($2,972 per ton), while the price for China amounted to $1,440 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Sweden (+1.7%).
Alcohols; Polyhydric, Pentaerythritol Price in South Africa (FOB) - 2022
In 2022, the average alcohols; polyhydric, pentaerythritol export price amounted to $2,827 per ton, which is down by -3.3% against the previous year. Overall, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, alcohols; polyhydric, pentaerythritol export price increased by +89.1% against 2018 indices. The pace of growth was the most pronounced in 2019 when the average export price increased by 68% against the previous year. The export price peaked at $2,924 per ton in 2021, and then declined modestly in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Zimbabwe ($2,812 per ton), while the average price for exports to Zambia stood at $1,408 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (+3.7%), while the prices for the other major destinations experienced a decline.
Alcohols; Polyhydric, Pentaerythritol Imports in South Africa
Alcohols; polyhydric, pentaerythritol imports into South Africa fell to 2.3K tons in 2022, dropping by -9.7% compared with the year before. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 31%. As a result, imports reached the peak of 2.6K tons, and then reduced in the following year.
In value terms, alcohols; polyhydric, pentaerythritol imports expanded significantly to $5.5M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 72% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Alcohols; Polyhydric, Pentaerythritol in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 2.2 | 1.3 | 2.4 | 3.0 | 10.9% |
| China | 1.6 | 0.8 | 2.1 | 2.2 | 11.2% |
| Germany | 0.3 | 0.4 | 0.4 | 0.2 | -12.6% |
| Spain | 0.1 | 0.3 | 0.3 | 0.1 | 0.0% |
| Others | 0.1 | 0.2 | N/A | 0.1 | 0.0% |
| Total | 4.2 | 3.0 | 5.2 | 5.5 | 9.4% |
Top Suppliers of Alcohols; Polyhydric, Pentaerythritol to South Africa in 2022:
- Sweden (1141.5 tons)
- China (1086.9 tons)
- Germany (56.0 tons)
- Spain (25.0 tons)
Alcohols; Polyhydric, Pentaerythritol Exports in South Africa
In 2022, shipments abroad of alcohols; polyhydric, pentaerythritol decreased by -45% to 14 tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 1.2% against the previous year. As a result, the exports attained the peak of 28 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, alcohols; polyhydric, pentaerythritol exports fell notably to $40K in 2022. Over the period under review, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 39%. As a result, the exports reached the peak of $76K, and then fell dramatically in the following year.
| Export of Alcohols; Polyhydric, Pentaerythritol in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zimbabwe | 60.6 | 54.8 | 76.0 | 39.4 | -13.4% |
| Zambia | 8.9 | N/A | N/A | 0.3 | -67.7% |
| Others | N/A | N/A | N/A | 0.7 | 0% |
| Total | 69.5 | 54.8 | 76.0 | 40.4 | -16.5% |
Top Export Markets for Alcohols; Polyhydric, Pentaerythritol from South Africa in 2022:
- Zimbabwe (14.0 tons)
- Zambia (0.2 tons)
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