Price for Carboxyimide-function compounds (including saccharin and its salts) and imine-function compounds in South Africa - 2023

Contents:

1. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in South Africa (CIF) - 2023
2. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in South Africa (FOB) - 2022
3. Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in South Africa
4. Exports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in South Africa

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in South Africa (CIF) - 2023

In December 2023, the average import price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses amounted to $5,896 per ton, flattening at the previous month. In general, the import price, however, saw a noticeable curtailment. The most prominent rate of growth was recorded in March 2023 an increase of 38% month-to-month. Over the period under review, average import prices attained the peak figure at $9,838 per ton in January 2023; however, from February 2023 to December 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($15,447 per ton), while the price for India ($3,291 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Italy (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in South Africa (FOB) - 2022

The average export price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses stood at $8,596 per ton in 2022, with an increase of 28% against the previous year. In general, the export price, however, showed a abrupt setback. The pace of growth was the most pronounced in 2020 an increase of 41% against the previous year. The export price peaked at $14,530 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was Swaziland ($12,346 per ton), while the average price for exports to Zimbabwe ($5,942 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 Malawi (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in South Africa

In 2022, purchases abroad of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses decreased by -1.3% to 2.8K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +12.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 24% against the previous year.

In value terms, imports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses reduced to $25M in 2022. The total import value increased at an average annual rate of +8.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 33%. As a result, imports reached the peak of $26M, and then reduced modestly in the following year.

Top Suppliers of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds to South Africa in 2022:

1. China (1762.0 tons)
2. India (390.0 tons)
3. United Kingdom (264.3 tons)
4. France (72.0 tons)
5. Turkey (65.0 tons)
6. Germany (62.6 tons)
7. Thailand (53.0 tons)
8. Spain (24.7 tons)

Exports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in South Africa

In 2022, exports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses from South Africa skyrocketed to 172 tons, with an increase of 17% against the previous year. The total export volume increased at an average annual rate of +8.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses surged to $1.5M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -1.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 57% against the previous year. As a result, the exports reached the peak of $1.5M; afterwards, it flattened through to 2022.

Top Export Markets for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds from South Africa in 2022:

1. Zambia (78.6 tons)
2. Zimbabwe (23.8 tons)
3. Mozambique (20.6 tons)
4. Tanzania (18.0 tons)
5. Kenya (15.0 tons)
6. Malawi (7.8 tons)
7. Namibia (2.8 tons)
8. Botswana (1.0 tons)

Source: IndexBox Market Intelligence Platform