Ketone-Alcohols and Ketone-Aldehydes Price in South Africa - 2023

Contents:

  1. Ketone-Alcohols and Ketone-Aldehydes Price in South Africa (CIF) - 2022
  2. Ketone-Alcohols and Ketone-Aldehydes Price in South Africa (FOB) - 2022
  3. Ketone-Alcohols and Ketone-Aldehydes Imports in South Africa
  4. Ketone-Alcohols and Ketone-Aldehydes Exports in South Africa

Ketone-Alcohols and Ketone-Aldehydes Price in South Africa (CIF) - 2022

The average ketone-alcohols and ketone-aldehydes import price stood at $2,613 per ton in 2022, increasing by 3.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 35% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

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 ($13,079 per ton), while the price for Israel ($1,522 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Ketone-Alcohols and Ketone-Aldehydes Price in South Africa (FOB) - 2022

In 2022, the average ketone-alcohols and ketone-aldehydes export price amounted to $3,176 per ton, which is down by -34.2% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 112% against the previous year. The export price peaked at $5,841 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

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 Zimbabwe ($4,433 per ton), while the average price for exports to Malawi ($1,717 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 Namibia (+7.8%), while the prices for the other major destinations experienced mixed trend patterns.

Ketone-Alcohols and Ketone-Aldehydes Imports in South Africa

In 2022, imports of ketone-alcohols and ketone-aldehydeses into South Africa skyrocketed to 466 tons, growing by 31% against the year before. The total import volume increased at an average annual rate of +4.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, ketone-alcohols and ketone-aldehydes imports surged to $1.2M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 39% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.

Import of Ketone-Alcohols and Ketone-Aldehydes in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India21291.129648131.4%
France59.328.815521854.3%
ItalyN/A3.658.4106442.6%
China214115138103-21.6%
IsraelN/A44.427.090.442.7%
Brazil22425316280.1-29.0%
Others21011465.4139-12.9%
Total9196509031,2189.8%

Top Suppliers of Ketone-Alcohols and Ketone-Aldehydes to South Africa in 2022:

  1. India (250.0 tons)
  2. France (95.3 tons)
  3. Israel (59.4 tons)
  4. Brazil (37.0 tons)
  5. Italy (11.2 tons)
  6. China (7.9 tons)

Ketone-Alcohols and Ketone-Aldehydes Exports in South Africa

In 2022, ketone-alcohols and ketone-aldehydes exports from South Africa soared to 15 tons, jumping by 39% compared with the year before. In general, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.2% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 48%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, ketone-alcohols and ketone-aldehydes exports shrank to $47K in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.9% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 57%.

Export of Ketone-Alcohols and Ketone-Aldehydes in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Zimbabwe18.730.142.129.115.9%
MalawiN/AN/AN/A13.20%
Namibia0.20.4N/A0.644.2%
Others6.89.89.13.9-16.9%
Total25.740.351.246.822.1%

Top Export Markets for Ketone-Alcohols and Ketone-Aldehydes from South Africa in 2022:

  1. Malawi (7.7 tons)
  2. Zimbabwe (6.6 tons)
  3. Namibia (0.3 tons)

Source: IndexBox Market Intelligence Platform

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