Price for Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in South Africa - 2023
Contents:
- Price for Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in South Africa (CIF) - 2022
- Price for Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in South Africa (FOB) - 2022
- Imports of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in South Africa
- Exports of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in South Africa
Price for Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in South Africa (CIF) - 2022
The average import price for alcohols; polyhydric, 2-ethyl-2- (hydroxymethyl) propane-1,3-diol (trimethylolpropane) stood at $3,334 per ton in 2022, surging by 33% against the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for alcohols; polyhydric, 2-ethyl-2- (hydroxymethyl) propane-1,3-diol (trimethylolpropane) increased by +92.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 44% 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 Sweden ($3,890 per ton), while the price for China ($2,215 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+51.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in South Africa (FOB) - 2022
In 2022, the average export price for alcohols; polyhydric, 2-ethyl-2- (hydroxymethyl) propane-1,3-diol (trimethylolpropane) amounted to $2,958 per ton, rising by 105% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $3,148 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mozambique ($7,878 per ton), while the average price for exports to Namibia ($1,198 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 the United Arab Emirates (+17.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in South Africa
In 2022, supplies from abroad of alcohols; polyhydric, 2-ethyl-2- (hydroxymethyl) propane-1,3-diol (trimethylolpropane) decreased by -18.1% to 368 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 137% against the previous year. As a result, imports reached the peak of 450 tons, and then dropped markedly in the following year.
In value terms, imports of alcohols; polyhydric, 2-ethyl-2- (hydroxymethyl) propane-1,3-diol (trimethylolpropane) expanded markedly to $1.2M in 2022. Overall, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 242% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in years to come.
| Import of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | N/A | 53.1 | 735 | 878 | 306.6% |
| China | 55.5 | 24.2 | 154 | 157 | 41.4% |
| Sweden | 135 | 88.7 | 169 | 110 | -6.6% |
| Germany | 144 | 157 | 59.4 | 66.5 | -22.7% |
| Others | 2.1 | 5.5 | 5.3 | 17.0 | 100.8% |
| Total | 336 | 328 | 1,123 | 1,228 | 54.0% |
Top Suppliers of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) to South Africa in 2022:
- Malaysia (245.1 tons)
- China (71.0 tons)
- Sweden (28.3 tons)
- Germany (20.0 tons)
Exports of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in South Africa
In 2022, the amount of alcohols; polyhydric, 2-ethyl-2- (hydroxymethyl) propane-1,3-diol (trimethylolpropane) exported from South Africa was estimated at 21 tons, remaining stable against the year before. In general, exports saw a prominent expansion. The pace of growth was the most pronounced in 2021 when exports increased by 239%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of alcohols; polyhydric, 2-ethyl-2- (hydroxymethyl) propane-1,3-diol (trimethylolpropane) soared to $62K in 2022. Over the period under review, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 135% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Export of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mozambique | 3.1 | N/A | N/A | 51.2 | 154.7% |
| Malawi | 0.3 | N/A | N/A | 7.1 | 187.1% |
| Democratic Republic of the Congo | 0.6 | N/A | N/A | 2.8 | 67.1% |
| United Arab Emirates | N/A | N/A | N/A | 0.9 | 0% |
| Namibia | 14.2 | 0.2 | N/A | 0.2 | -75.9% |
| Botswana | 1.4 | 12.7 | N/A | N/A | 807.1% |
| Zimbabwe | N/A | N/A | 4.1 | N/A | 0% |
| Zambia | 1.4 | N/A | 8.3 | N/A | 143.5% |
| Kenya | N/A | N/A | 17.8 | N/A | 0% |
| Others | 0.6 | N/A | 0.1 | N/A | -59.2% |
| Total | 21.6 | 12.9 | 30.2 | 62.3 | 42.3% |
Top Export Markets for Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) from South Africa in 2022:
- Mozambique (6.5 tons)
- Malawi (2.0 tons)
- Democratic Republic of the Congo (0.6 tons)
- United Arab Emirates (0.2 tons)
- Namibia (0.2 tons)
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