Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in South Africa - 2024

Contents:

  1. Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in South Africa (CIF) - 2022
  2. Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in South Africa (FOB) - 2022
  3. Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in South Africa
  4. Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in South Africa

Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in South Africa (CIF) - 2022

The average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $2,649 per ton in 2022, surging by 26% against the previous year. Overall, the import price showed a modest increase. The growth pace was the most rapid in 2021 when the average import price increased by 32% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

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 ($17,302 per ton), while the price for India ($2,477 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+22.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in South Africa (FOB) - 2022

In 2022, the average export price for alcohols; aromatic alcohols and derivatives, benzyl alcohol amounted to $2,535 per ton, reducing by -23.9% against the previous year. In general, the export price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2016 an increase of 25%. The export price peaked at $7,888 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Zimbabwe ($2,372 per ton), while the average price for exports to Swaziland amounted to $1,838 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+15.9%), while the prices for the other major destinations experienced a decline.

Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in South Africa

In 2022, the amount of alcohols; aromatic alcohols and derivatives, benzyl alcohol imported into South Africa fell significantly to 308 tons, which is down by -24% on the year before. In general, imports saw a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 63% against the previous year.

In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol declined modestly to $816K in 2022. Overall, imports, however, enjoyed a temperate increase. The most prominent rate of growth was recorded in 2021 when imports increased by 114%. As a result, imports reached the peak of $849K, and then reduced modestly in the following year.

Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India14912845153853.4%
China311150316161-19.7%
Netherlands36.416.20.683.431.8%
Germany16672.011.219.9-50.7%
United Kingdom26.015.617.10.1-84.3%
Others25.914.253.413.7-19.1%
Total7143968498164.6%

Top Suppliers of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol to South Africa in 2022:

  1. India (217.1 tons)
  2. China (58.8 tons)
  3. Netherlands (28.8 tons)
  4. Germany (1.1 tons)
  5. United Kingdom (0.1 tons)

Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in South Africa

In 2022, the amount of alcohols; aromatic alcohols and derivatives, benzyl alcohol exported from South Africa surged to 7 tons, picking up by 146% compared with 2021. Overall, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 589% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of alcohols; aromatic alcohols and derivatives, benzyl alcohol surged to $18K in 2022. Over the period under review, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 531%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.

Export of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Zimbabwe0.414.51.415.3236.9%
Swaziland0.40.32.00.614.5%
Namibia0.5N/AN/A0.1-41.5%
ZambiaN/AN/A1.5N/A0%
IsraelN/AN/A4.5N/A0%
Others1.10.7N/A1.613.3%
Total2.515.59.417.691.7%

Top Export Markets for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol from South Africa in 2022:

  1. Zimbabwe (6.5 tons)
  2. Swaziland (0.4 tons)

Source: IndexBox Market Intelligence Platform

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