Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in South Africa - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in South Africa (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in South Africa (FOB) - 2024
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in South Africa
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in South Africa
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in South Africa (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses stood at $1,405 per ton in 2022, with an increase of 12% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 16%. The import price peaked at $1,418 per ton in 2012; afterwards, it flattened through to 2022.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($2,217 per ton), while the price for Sweden ($1,106 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in South Africa (FOB) - 2024
The average export price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses stood at $2,192 per ton in July 2023, with a decrease of -2.8% against the previous month. In general, the export price, however, continues to indicate a modest increase. The pace of growth was the most pronounced in May 2023 when the average export price increased by 22% against the previous month. As a result, the export price reached the peak level of $2,515 per ton. From June 2023 to July 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Malawi ($2,951 per ton), while the average price for exports to Swaziland ($880 per ton) was amongst the lowest.
From January 2023 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in South Africa
In 2022, imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses into South Africa expanded rapidly to 6.5K tons, surging by 5.4% against the previous year. The total import volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses soared to $9.1M in 2022. The total import value increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.7 | 3.5 | 3.3 | 3.6 | -0.9% |
| Netherlands | 2.1 | 1.6 | 2.0 | 2.2 | 1.6% |
| China | 0.9 | 0.6 | 1.2 | 1.8 | 26.0% |
| United States | 1.1 | 0.2 | 0.3 | 0.7 | -14.0% |
| Sweden | N/A | 0.4 | N/A | 0.7 | 32.3% |
| Belgium | N/A | N/A | 0.6 | N/A | 0% |
| Others | 0.3 | 0.1 | 0.2 | 0.1 | -30.7% |
| Total | 8.2 | 6.4 | 7.6 | 9.1 | 3.5% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters to South Africa in 2022:
- Germany (3.0K tons)
- China (1.3K tons)
- Netherlands (1.0K tons)
- Sweden (0.6K tons)
- United States (0.5K tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in South Africa
In 2022, approx. 826 tons of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses were exported from South Africa; with a decrease of -22.7% compared with the year before. Over the period under review, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 17%. As a result, the exports reached the peak of 1.1K tons, and then dropped sharply in the following year.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses contracted notably to $2M in 2022. Overall, exports saw a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 40% against the previous year. As a result, the exports attained the peak of $3.1M, and then fell markedly in the following year.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 161 | 225 | 697 | 717 | 64.5% |
| Philippines | 299 | 364 | 321 | 509 | 19.4% |
| Indonesia | 268 | 364 | 412 | 166 | -14.8% |
| Thailand | 426 | 183 | 247 | 153 | -28.9% |
| Zimbabwe | 547 | 44.5 | 206 | 144 | -35.9% |
| Zambia | 80.5 | 113 | 60.1 | 97.9 | 6.7% |
| Malawi | 91.7 | 116 | 237 | 83.9 | -2.9% |
| Germany | 622 | 654 | 789 | N/A | 12.6% |
| Others | 231 | 152 | 123 | 131 | -17.2% |
| Total | 2,726 | 2,215 | 3,092 | 2,002 | -9.8% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters from South Africa in 2022:
- Malaysia (299.3 tons)
- Philippines (192.8 tons)
- Indonesia (78.0 tons)
- Thailand (72.5 tons)
- Zimbabwe (59.5 tons)
- Zambia (48.3 tons)
- Malawi (27.5 tons)
60
This report provides an in-depth analysis of the market for mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids in South Africa.
455
This report provides an in-depth analysis of the market for saturated acyclic monocarboxylic acids in South Africa.
56
This report provides an in-depth analysis of the market for esters of acetic acid (excluding ethyl acetate) in South Africa.
401
This report provides an in-depth analysis of the market for salts of acetic acid in South Africa.
500
This report provides an in-depth analysis of the market for palmitic acid, stearic acid, their salts and esters in South Africa.
380
This report provides an in-depth analysis of the market for lauric acid and other acids, their salts and esters in South Africa.
345
This report provides an in-depth analysis of the market for formic acid, its salts and esters in South Africa.
446
This report provides an in-depth analysis of the ethyl acetate market in South Africa.
366
This report provides an in-depth analysis of the acetic anhydride market in South Africa.
664
This report provides an in-depth analysis of the acetic acid market in South Africa.
104
The exports of Ethyl Acetate reached a peak of 52K tons in 2017, but from 2018 to 2023, they failed to regain momentum. In terms of value, Ethyl Acetate exports significantly decreased to $49M in 2023.
410
In April 2023, the ethyl acetate price stood at $1,106 per ton (FOB, South Africa), remaining constant against the previous month.
254
Saturated Acyclic Monocarboxylic Acids are important chemical compounds used in various industries, including pharmaceuticals, cosmetics, and chemical manufacturing. In this article, we explore the world's best import markets for saturated acyclic monocarboxylic acids, backed by data and key statistics from the IndexBox market intelligence platform. Belgium leads the way as the largest importer, followed by India, Germany, China, and the United States. The Netherlands, Italy, Japan, Mexico, and Spain also play significant roles. Learn more about this vibrant and dynamic import market.
918
Global acyclic acid imports stood at X tons in 2016, coming down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the period from...
1393
Global acyclic acid imports stood at X tons in 2016, coming down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the period from...
105
Explore the top import markets for Esters Of Acetic Acid (excluding Ethyl Acetate) in 2023. Learn about the key countries driving the global market for esters of acetic acid.
967
In value terms, phosphoric esters and their salts imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated ...
861
In value terms, esters of other inorganic acids imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indica...
945
In value terms, phosphoric esters and their salts exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the tre...
979
In value terms, esters of other inorganic acids exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend...
