Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in South Africa - 2023

Contents:

1. Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in South Africa (FOB) - 2022
2. Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in South Africa (CIF) - 2022
3. Exports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in South Africa
4. Imports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in South Africa

Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in South Africa (FOB) - 2022

The average export price for acids; aromatic polycarboxylic acids; dioctyl orthophthalateses stood at $3,021 per ton in 2022, rising by 27% against the previous year. In general, the export price continues to indicate a pronounced increase. The most prominent rate of growth was recorded in 2021 an increase of 61% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Zimbabwe ($3,155 per ton), while the average price for exports to Mozambique ($235 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 Zimbabwe (+2.7%).

Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in South Africa (CIF) - 2022

The average import price for acids; aromatic polycarboxylic acids; dioctyl orthophthalateses stood at $2,938 per ton in 2022, rising by 189% against the previous year. Overall, the import price recorded perceptible growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 3,701% against the previous year. As a result, import price attained the peak level of $39,727 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($3,435 per ton), while the price for the United States totaled $1,221 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.3%), while the prices for the other major suppliers experienced a decline.

Exports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in South Africa

In 2022, the amount of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses exported from South Africa rose markedly to 31 tons, growing by 8.6% compared with the previous year's figure. Over the period under review, exports, however, recorded a abrupt shrinkage.

In value terms, exports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses skyrocketed to $94K in 2022. The total export value increased at an average annual rate of +3.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates from South Africa in 2022:

1. Zimbabwe (22.4 tons)
2. Zambia (7.0 tons)
3. Mozambique (1.3 tons)

Imports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in South Africa

In 2022, the amount of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses imported into South Africa shrank rapidly to 3.5 tons, waning by -98% on 2021 figures. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 108,630% against the previous year. As a result, imports attained the peak of 176 tons, and then dropped notably in the following year.

In value terms, imports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses contracted sharply to $10K in 2022. Over the period under review, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 38,877%. As a result, imports attained the peak of $179K, and then declined sharply in the following year.

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates to South Africa in 2022:

1. China (2.6 tons)
2. United States (0.8 tons)

Source: IndexBox Market Intelligence Platform