Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in South Africa - 2024
Contents:
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in South Africa (CIF) - 2024
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in South Africa (FOB) - 2022
- Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in South Africa
- Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in South Africa
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in South Africa (CIF) - 2024
The average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol stood at $17,081 per ton in January 2024, surging by 5.2% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 80% month-to-month. As a result, import price attained the peak level of $24,562 per ton. From May 2023 to January 2024, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In January 2024, the country with the highest price was China ($17,748 per ton), while the price for India ($16,741 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (+0.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in South Africa (FOB) - 2022
The average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol stood at $18,227 per ton in 2022, with a decrease of -10.4% against the previous year. Over the period under review, the export price showed a abrupt slump. The growth pace was the most rapid in 2017 an increase of 90%. The export price peaked at $47,355 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kenya ($43,275 per ton), while the average price for exports to Angola ($3,389 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zambia (-2.0%), while the prices for the other major destinations experienced a decline.
Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in South Africa
After three years of growth, supplies from abroad of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol decreased by -7.3% to 130 tons in 2022. The total import volume increased at an average annual rate of +10.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 33%.
In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol fell to $2.1M in 2022. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 12% against the previous year.
Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 712 | 496 | 976 | 864 | 6.7% |
Germany | 689 | 918 | 622 | 791 | 4.7% |
India | 663 | 508 | 800 | 420 | -14.1% |
Others | 34.8 | 437 | 3.5 | 57.0 | 17.9% |
Total | 2,099 | 2,359 | 2,401 | 2,133 | 0.5% |
Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol to South Africa in 2022:
- China (52.7 tons)
- Germany (50.5 tons)
- India (24.6 tons)
Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in South Africa
In 2022, approx. 52 tons of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol were exported from South Africa; growing by 43% against the year before. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol skyrocketed to $940K in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +8.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +91.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 49% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Swaziland | 168 | 75.8 | 266 | 475 | 41.4% |
Zimbabwe | 95.9 | 175 | 182 | 174 | 22.0% |
Kenya | 244 | 25.5 | 133 | 151 | -14.8% |
Zambia | 98.0 | 143 | 91.7 | 86.3 | -4.1% |
Angola | N/A | N/A | 27.0 | 36.3 | 34.4% |
Malawi | 12.2 | 16.5 | 20.7 | 9.2 | -9.0% |
Namibia | 1.1 | 5.2 | 3.4 | 2.8 | 36.5% |
Cameroon | 105 | N/A | N/A | N/A | 0% |
Others | 8.1 | 50.3 | 8.1 | 5.4 | -12.6% |
Total | 732 | 492 | 732 | 940 | 8.7% |
Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol from South Africa in 2022:
- Swaziland (26.3 tons)
- Angola (10.7 tons)
- Zimbabwe (6.3 tons)
- Kenya (3.5 tons)
- Zambia (3.2 tons)
- Namibia (0.8 tons)
- Malawi (0.3 tons)
This report provides an in-depth analysis of the aromatic alcohols market in South Africa.
This report provides an in-depth analysis of the alcohols market in South Africa.
This report provides an in-depth analysis of the global aromatic alcohols market.
This report provides an in-depth analysis of the global alcohols market.
This report provides an in-depth analysis of the aromatic alcohols market in South Africa.
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