SADC: Other Chemical Products Market 2024

Other Chemical Products Market Size in SADC

The SADC other chemical products market was estimated at $X in 2023, surging by X% against the previous year. In general, consumption, however, saw a mild shrinkage. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Other Chemical Products Production in SADC

In value terms, other chemical products production shrank to $X in 2023 estimated in export price. Overall, production, however, saw a dramatic setback. The most prominent rate of growth was recorded in 2020 with an increase of X%. The level of production peaked at $X in 2013; however, from 2014 to 2023, production remained at a lower figure.

Other Chemical Products Exports

Exports in SADC

In 2023, other chemical products exports in SADC totaled X tons, with an increase of X% on the previous year. Over the period under review, exports, however, faced a sharp reduction. The pace of growth appeared the most rapid in 2020 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, other chemical products exports reduced slightly to $X in 2023. In general, exports, however, continue to indicate a sharp setback. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

Exports by Country

Swaziland prevails in exports structure, amounting to X tons, which was approx. X% of total exports in 2023. It was distantly followed by Botswana (X tons), making up a X% share of total exports. Angola (X tons) took a minor share of total exports.

From 2012 to 2023, average annual rates of growth with regard to other chemical products exports from Swaziland stood at X%. At the same time, Botswana (X%) and Angola (X%) displayed positive paces of growth. Moreover, Botswana emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of Swaziland, Botswana and Angola increased by X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Swaziland ($X) remains the largest other chemical products supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Botswana ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in Swaziland amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Botswana (X% per year) and Angola (X% per year).

Export Prices by Country

In 2023, the export price in SADC amounted to $X per ton, waning by X% against the previous year. Overall, the export price, however, posted a strong expansion. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The level of export peaked at $X per ton in 2020; however, from 2021 to 2023, the export prices stood at a somewhat 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 Swaziland ($X per ton), while Angola ($X per ton) was amongst the lowest.

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

Other Chemical Products Imports

Imports in SADC

Other chemical products imports stood at X tons in 2023, growing by X% compared with the year before. In general, imports, however, continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, other chemical products imports reached $X in 2023. Overall, imports, however, saw a abrupt contraction. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2023, imports failed to regain momentum.

Imports by Country

The purchases of the three major importers of other chemical products, namely Namibia, Democratic Republic of the Congo and Angola, represented more than two-thirds of total import. It was distantly followed by Lesotho (X tons), comprising a X% share of total imports. Mauritius (X tons), Zimbabwe (X tons) and Botswana (X tons) took a relatively small share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Democratic Republic of the Congo (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Namibia ($X), Democratic Republic of the Congo ($X) and Angola ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of total imports.

Namibia, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in SADC amounted to $X per ton, standing approx. at the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2023, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Namibia ($X per ton), while Lesotho ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Namibia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform