South Africa - Denatured Ethyl Alcohol And Other Denatured Spirits - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSouth African Denatured Ethyl Alcohol Prices Drop by 5%, Now at $650/Ton
South Africa Denatured Ethyl Alcohol Export Price in February 2023
In February 2023, the denatured ethyl alcohol price stood at $650 per ton (FOB, South Africa), reducing by -5% against the previous month. In general, the export price showed a noticeable setback. The most prominent rate of growth was recorded in October 2022 an increase of 8.1% against the previous month. The export price peaked at $826 per ton in February 2022; however, from March 2022 to February 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In February 2023, the country with the highest price was Belgium ($668 per ton), while the average price for exports to South Korea stood at $609 per ton.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.
| COUNTRY | Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Export Price of Denatured Ethyl Alcohol in South Africa (USD per ton) | |||||||||||||
| Belgium | 540 | 552 | 648 | N/A | N/A | 802 | N/A | 664 | 770 | 628 | 787 | N/A | 668 |
| South Korea | 860 | 888 | 712 | 875 | 744 | 678 | 620 | 580 | N/A | 576 | 566 | 522 | 609 |
| United Arab Emirates | 665 | N/A | 815 | 808 | 1,032 | 781 | 725 | 728 | 721 | 744 | 577 | 743 | N/A |
| Jordan | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 516 | N/A | N/A | N/A |
| Average | 826 | 753 | 796 | 823 | 753 | 774 | 697 | 696 | 752 | 651 | 670 | 684 | 650 |
South Africa Denatured Ethyl Alcohol Exports
In February 2023, denatured ethyl alcohol exports from South Africa reduced markedly to 2.7K tons, which is down by -58.1% against the previous month's figure. Over the period under review, exports continue to indicate a noticeable slump. The growth pace was the most rapid in April 2022 with an increase of 557% month-to-month. As a result, the exports reached the peak of 8.8K tons. From May 2022 to February 2023, the growth of the exports remained at a somewhat lower figure.
In value terms, denatured ethyl alcohol exports declined markedly to $1.7M (IndexBox estimates) in February 2023. Overall, exports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in April 2022 with an increase of 595% against the previous month. As a result, the exports reached the peak of $7M. From May 2022 to February 2023, the growth of the exports remained at a lower figure.
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South Africa Denatured Ethyl Alcohol Exports by Country
South Korea (1.7K tons) and Belgium (956 tons) were the main destinations of denatured ethyl alcohol exports from South Africa.
From February 2022 to February 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Korea (with a CAGR of +8.8%).
In value terms, the largest markets for denatured ethyl alcohol exported from South Africa were South Korea ($1M) and Belgium ($638K).
South Korea, with a CAGR of +5.7%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.
This report provides an in-depth analysis of the denatured ethyl alcohol market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20147500 - Denatured ethyl alcohol and other denatured spirits, of any strength
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
