Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in South Africa - 2023
Contents:
- Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in South Africa (CIF) - 2022
- Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in South Africa (FOB) - 2022
- Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in South Africa
- Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in South Africa
Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in South Africa (CIF) - 2022
The average import price for polymers, natural; alginic acid, its salts and esters, in primary formses stood at $15,515 per ton in 2022, surging by 49% against the previous year. Overall, the import price showed a remarkable increase. The most prominent rate of growth was recorded in 2015 an increase of 67%. The import price peaked in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($18,971 per ton), while the price for Egypt ($2,257 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 (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in South Africa (FOB) - 2022
In 2022, the average export price for polymers, natural; alginic acid, its salts and esters, in primary formses amounted to $14,336 per ton, increasing by 12% against the previous year. Over the period under review, the export price showed a strong expansion. The pace of growth appeared the most rapid in 2019 an increase of 95%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Israel ($24,641 per ton), while the average price for exports to Namibia ($4,737 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 Israel (+19.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in South Africa
In 2022, imports of polymers, natural; alginic acid, its salts and esters, in primary formses into South Africa soared to 292 tons, increasing by 18% compared with the previous year. The total import volume increased at an average annual rate of +6.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 35%. As a result, imports attained the peak of 325 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of polymers, natural; alginic acid, its salts and esters, in primary formses skyrocketed to $4.5M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,398 | 3,094 | 1,104 | 3,201 | 31.8% |
| China | 227 | 50.9 | 420 | 447 | 25.3% |
| France | 224 | 225 | 459 | 440 | 25.2% |
| Norway | 825 | 457 | 293 | 303 | -28.4% |
| India | 29.3 | 31.1 | 32.8 | 74.0 | 36.2% |
| Egypt | 4.7 | 20.4 | 120 | 15.8 | 49.8% |
| Italy | 14.6 | 6.1 | N/A | 12.6 | -4.8% |
| United Kingdom | 94.7 | 93.5 | 122 | 6.6 | -58.8% |
| Others | 154 | 114 | 21.5 | 28.7 | -42.9% |
| Total | 2,972 | 4,092 | 2,573 | 4,527 | 15.1% |
Top Suppliers of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms to South Africa in 2022:
- Japan (168.7 tons)
- China (40.5 tons)
- France (39.0 tons)
- Norway (20.9 tons)
- India (8.7 tons)
- Egypt (7.0 tons)
- Italy (5.0 tons)
- United Kingdom (0.7 tons)
Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in South Africa
In 2022, exports of polymers, natural; alginic acid, its salts and esters, in primary formses from South Africa dropped slightly to 56 tons, waning by -3.1% against the previous year's figure. Overall, exports continue to indicate a sharp shrinkage.
In value terms, exports of polymers, natural; alginic acid, its salts and esters, in primary formses rose remarkably to $807K in 2022. Over the period under review, exports recorded a deep setback. The growth pace was the most rapid in 2020 when exports increased by 8.7% against the previous year. As a result, the exports reached the peak of $1.7M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 409 | 220 | 6.1 | 208 | -20.2% |
| Zambia | 166 | 135 | 274 | 153 | -2.7% |
| United Kingdom | 0.3 | 445 | 22.3 | 147 | 688.4% |
| Israel | 14.4 | 22.7 | 28.3 | 89.3 | 83.7% |
| Angola | N/A | N/A | 31.2 | 63.5 | 103.5% |
| Kenya | 29.4 | 51.1 | 119 | 54.6 | 22.9% |
| Netherlands | 33.9 | 77.8 | N/A | 17.5 | -19.8% |
| Namibia | N/A | 4.6 | 17.3 | 13.3 | 70.0% |
| Zimbabwe | 45.9 | 4.2 | 7.7 | 12.1 | -35.9% |
| China | 31.2 | 11.0 | 8.4 | N/A | -48.1% |
| Mexico | 753 | 403 | 153 | N/A | -54.9% |
| Czech Republic | N/A | 38.0 | 41.9 | N/A | 10.3% |
| Others | 83.3 | 289 | 35.6 | 49.5 | -15.9% |
| Total | 1,565 | 1,701 | 745 | 807 | -19.8% |
Top Export Markets for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms from South Africa in 2022:
- Zambia (16.9 tons)
- United States (12.3 tons)
- United Kingdom (8.0 tons)
- Israel (3.6 tons)
- Angola (3.6 tons)
- Kenya (3.2 tons)
- Namibia (2.8 tons)
- Netherlands (1.1 tons)
- Zimbabwe (0.8 tons)
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This report provides an in-depth analysis of the natural polymers market in South Africa.
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