SADC: Halogenated Hydrocarbon Derivative Market 2024

Halogenated Hydrocarbon Derivative Market Size in SADC

The SADC halogenated hydrocarbon derivative market fell to $X in 2023, dropping by X% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2017; however, from 2018 to 2023, consumption remained at a lower figure.

Halogenated Hydrocarbon Derivative Production in SADC

In value terms, halogenated hydrocarbon derivative production dropped modestly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2018 to 2023, production growth remained at a somewhat lower figure.

Halogenated Hydrocarbon Derivative Exports

Exports in SADC

In 2023, after three years of growth, there was significant decline in shipments abroad of halogenated derivatives of hydrocarbons, when their volume decreased by X% to X tons. In general, exports recorded a mild contraction. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2022, and then dropped dramatically in the following year.

In value terms, halogenated hydrocarbon derivative exports shrank notably to $X in 2023. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The level of export peaked at $X in 2022, and then declined notably in the following year.

Exports by Country

South Africa prevails in exports structure, reaching X tons, which was approx. X% of total exports in 2023. Tanzania (X tons) followed a long way behind the leaders.

South Africa was also the fastest-growing in terms of the halogenated derivatives of hydrocarbons exports, with a CAGR of X% from 2012 to 2023. Tanzania (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of South Africa increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest halogenated hydrocarbon derivative supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Tanzania ($X), with a X% share of total exports.

In South Africa, halogenated hydrocarbon derivative exports expanded at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in SADC amounted to $X per ton, remaining relatively unchanged against the previous year. Export price indicated a modest expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, halogenated hydrocarbon derivative export price decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The level of export peaked at $X per ton in 2021; however, from 2022 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Tanzania stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Halogenated Hydrocarbon Derivative Imports

Imports in SADC

After two years of growth, purchases abroad of halogenated derivatives of hydrocarbons decreased by X% to X tons in 2023. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X%. The volume of import peaked at X tons in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.

In value terms, halogenated hydrocarbon derivative imports contracted notably to $X in 2023. Overall, imports recorded a perceptible downturn. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports attained the peak of $X. From 2019 to 2023, the growth of imports failed to regain momentum.

Imports by Country

South Africa prevails in imports structure, accounting for X tons, which was near X% of total imports in 2023. It was distantly followed by Angola (X tons), comprising a X% share of total imports. Madagascar (X tons), Tanzania (X tons), Democratic Republic of the Congo (X tons), Zimbabwe (X tons), Mozambique (X tons) and Zambia (X tons) held a relatively small share of total imports.

South Africa experienced a relatively flat trend pattern with regard to volume of imports of halogenated derivatives of hydrocarbons. At the same time, Mozambique (X%), Democratic Republic of the Congo (X%) and Madagascar (X%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2023. Angola and Zimbabwe experienced a relatively flat trend pattern. By contrast, Tanzania (X%) and Zambia (X%) illustrated a downward trend over the same period. While the share of Democratic Republic of the Congo (X p.p.) and Mozambique (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of South Africa (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported halogenated derivatives of hydrocarbons in SADC, comprising X% of total imports. The second position in the ranking was held by Angola ($X), with a X% share of total imports. It was followed by Tanzania, with a X% share.

In South Africa, halogenated hydrocarbon derivative imports declined by an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Angola (X% per year) and Tanzania (X% per year).

Import Prices by Country

In 2023, the import price in SADC amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the import price recorded a slight reduction. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2020; however, from 2021 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Tanzania ($X per ton), while Madagascar ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Tanzania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform