South Africa - O-Xylene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingO-Xylene Price in South Africa - 2023
Contents:
- O-Xylene Price in South Africa (CIF) - 2022
- O-Xylene Price in South Africa (FOB) - 2022
- O-Xylene Imports in South Africa
- O-Xylene Exports in South Africa
O-Xylene Price in South Africa (CIF) - 2022
The average o-xylene import price stood at $1,424 per ton in 2022, with an increase of 63% against the previous year. Overall, the import price, however, recorded a pronounced descent. The import price peaked at $2,203 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($20,080 per ton), while the price for the Netherlands ($1,099 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+101.8%), while the prices for the other major suppliers experienced more modest paces of growth.
O-Xylene Price in South Africa (FOB) - 2022
The average o-xylene export price stood at $1,041 per ton in 2022, jumping by 47% against the previous year. Overall, the export price, however, saw a noticeable contraction. The export price peaked at $1,675 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Zimbabwe.
From 2012 to 2022, the rate of growth in terms of prices for Zimbabwe amounted to -4.1% per year.
O-Xylene Imports in South Africa
In 2022, supplies from abroad of o-xylene decreased by -22.2% to 11K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +7.7% 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 +25.0% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 42% against the previous year. As a result, imports attained the peak of 14K tons, and then declined sharply in the following year.
In value terms, o-xylene imports skyrocketed to $16M in 2022. Overall, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 72%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
Import of O-Xylene in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 4.3 | 6.8 | 9.4 | 5.8 | 10.5% |
Singapore | N/A | N/A | 1.9 | 5.7 | 200.0% |
France | 2.7 | N/A | N/A | 4.0 | 14.0% |
Belgium | N/A | N/A | 0.8 | N/A | 0% |
United States | 1.3 | N/A | N/A | N/A | 0% |
Others | N/A | 0.4 | N/A | N/A | 0% |
Total | 8.4 | 7.1 | 12.3 | 15.5 | 22.7% |
Top Suppliers of O-Xylene to South Africa in 2022:
- United States (undefinedK tons)
- Netherlands (5.3K tons)
- Singapore (2.9K tons)
- France (2.7K tons)
O-Xylene Exports in South Africa
In 2022, after three years of growth, there was significant decline in overseas shipments of o-xylene, when their volume decreased by -36.9% to 466 tons. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 320% against the previous year. As a result, the exports reached the peak of 738 tons, and then shrank dramatically in the following year.
In value terms, o-xylene exports shrank to $485K in 2022. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 209% against the previous year. As a result, the exports reached the peak of $522K, and then contracted in the following year.
Export of O-Xylene in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Zimbabwe | 194 | 164 | 521 | 472 | 34.5% |
Others | 13.1 | 4.4 | 1.4 | 13.4 | 0.8% |
Total | 207 | 169 | 522 | 485 | 32.8% |
Top Export Markets for O-Xylene from South Africa in 2022:
- Zimbabwe (459.8 tons)
This report provides an in-depth analysis of the o-xylene 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 20141243 - o-Xylene
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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