Price for Poly(Lactic Acid); in Primary Forms in South Africa - 2023
Contents:
- Price for Poly(Lactic Acid); in Primary Forms in South Africa (CIF) - 2022
- Price for Poly(Lactic Acid); in Primary Forms in South Africa (FOB) - 2022
- Imports of Poly(Lactic Acid); in Primary Forms in South Africa
- Exports of Poly(Lactic Acid); in Primary Forms in South Africa
Price for Poly(Lactic Acid); in Primary Forms in South Africa (CIF) - 2022
In 2022, the average import price for poly(lactic acid); in primary formses amounted to $4,414 per ton, growing by 7.6% against the previous year. Overall, the import price, however, continues to indicate a sharp curtailment. The pace of growth was the most pronounced in 2015 when the average import price increased by 422%. Over the period under review, average import prices attained the peak figure at $160,284 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($5,328 per ton), while the price for China ($3,054 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+6.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Poly(Lactic Acid); in Primary Forms in South Africa (FOB) - 2022
In 2022, the average export price for poly(lactic acid); in primary formses amounted to $3,392 per ton, declining by -54.7% against the previous year. Over the period under review, the export price, however, showed a noticeable increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 261% against the previous year. Over the period under review, the average export prices attained the peak figure at $7,486 per ton in 2021, and then contracted markedly in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Botswana ($7,650 per ton), while the average price for exports to Zimbabwe ($1,713 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 Democratic Republic of the Congo (+23.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Poly(Lactic Acid); in Primary Forms in South Africa
In 2022, the amount of poly(lactic acid); in primary formses imported into South Africa skyrocketed to 88 tons, picking up by 103% on the previous year. Overall, imports showed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 744% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, poly(lactic acid); in primary forms imports soared to $389K in 2022. Over the period under review, imports continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 676% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Poly(Lactic Acid); in Primary Forms in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 36.9 | 14.2 | 53.6 | 266 | 93.2% |
| Taiwan (Chinese) | N/A | 2.1 | 45.2 | 44.5 | 360.3% |
| South Korea | 0.4 | N/A | N/A | 27.3 | 308.7% |
| China | 149 | 0.3 | 7.7 | 17.4 | -51.1% |
| Singapore | N/A | N/A | 33.6 | N/A | 0% |
| Others | 8.5 | 6.5 | 38.5 | 34.7 | 59.8% |
| Total | 194 | 23.0 | 179 | 389 | 26.1% |
Top Suppliers of Poly(Lactic Acid); in Primary Forms to South Africa in 2022:
- Thailand (65.9 tons)
- Taiwan (Chinese) (10.0 tons)
- China (5.7 tons)
- South Korea (5.1 tons)
Exports of Poly(Lactic Acid); in Primary Forms in South Africa
In 2022, shipments abroad of poly(lactic acid); in primary formses increased by 63,168% to 14 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports posted a tangible expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, poly(lactic acid); in primary forms exports surged to $47K in 2022. Over the period under review, exports enjoyed a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Poly(Lactic Acid); in Primary Forms in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Swaziland | N/A | N/A | 0.2 | 28.5 | 14150.0% |
| Zambia | N/A | N/A | N/A | 7.6 | 0% |
| Namibia | N/A | 8.0 | N/A | 7.0 | -6.5% |
| Botswana | 1.8 | 0.2 | N/A | 1.9 | 1.8% |
| Zimbabwe | 35.2 | N/A | N/A | 1.7 | -63.6% |
| Mozambique | N/A | N/A | N/A | 0.4 | 0% |
| Democratic Republic of the Congo | N/A | 9.1 | N/A | N/A | 0% |
| Lesotho | N/A | 5.9 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 37.0 | 23.2 | 0.2 | 47.2 | 8.5% |
Top Export Markets for Poly(Lactic Acid); in Primary Forms from South Africa in 2022:
- Swaziland (7.8 tons)
- Namibia (2.9 tons)
- Zambia (1.8 tons)
- Zimbabwe (1.0 tons)
- Botswana (0.3 tons)
- Mozambique (0.2 tons)
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