Price for Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in South Africa - 2022
Contents:
- Price for Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in South Africa (FOB) - 2022
- Exports of Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in South Africa
Price for Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in South Africa (FOB) - 2022
In 2022, the average export price for acids; naphthenic acids, their water-insoluble salts and their esterses amounted to $611 per ton, declining by -3.5% against the previous year. Overall, the export price faced a drastic downturn. The pace of growth appeared the most rapid in 2017 when the average export price increased by 6.8% against the previous year. Over the period under review, the average export prices hit record highs at $2,104 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Botswana.
From 2012 to 2022, the rate of growth in terms of prices for Botswana amounted to -10.2% per year.
Exports of Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in South Africa
In 2022, after two years of decline, there was significant growth in overseas shipments of acids; naphthenic acids, their water-insoluble salts and their esterses, when their volume increased by 12% to 7.3 tons. Overall, exports, however, faced a deep reduction.
In value terms, exports of acids; naphthenic acids, their water-insoluble salts and their esterses amounted to $4.4K in 2022. Over the period under review, exports, however, saw a deep slump.
| Export of Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Botswana | 5.6 | 4.8 | 4.1 | 4.4 | -7.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.6 | 4.8 | 4.1 | 4.4 | -7.7% |
Top Export Markets for Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters from South Africa in 2022:
- Botswana (7.3 tons)
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