Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in South Africa - 2024

Contents:

  1. Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in South Africa (CIF) - 2022
  2. Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in South Africa (FOB) - 2022
  3. Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in South Africa
  4. Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in South Africa

Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in South Africa (CIF) - 2022

The average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $3,713 per ton in 2022, growing by 1.6% against the previous year. In general, the import price, however, saw a mild decrease. The pace of growth appeared the most rapid in 2021 when the average import price increased by 9.6%. Over the period under review, average import prices hit record highs at $4,685 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($8,088 per ton), while the price for Belgium ($1,274 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in South Africa (FOB) - 2022

The average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $3,374 per ton in 2022, shrinking by -11.9% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 18% against the previous year. Over the period under review, the average export prices attained the peak figure at $5,212 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($10,845 per ton), while the average price for exports to Zimbabwe ($1,657 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 Mozambique (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in South Africa

In 2022, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) into South Africa surged to 13K tons, picking up by 19% compared with 2021. The total import volume increased at an average annual rate of +6.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) soared to $49M in 2022. The total import value increased at an average annual rate of +8.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10.09.59.812.57.7%
Egypt5.44.55.86.45.8%
China4.84.54.05.54.6%
Italy3.82.94.35.412.4%
France3.02.93.23.66.3%
Malaysia1.01.41.92.026.0%
Turkey0.30.41.21.881.7%
Saudi Arabia1.10.60.51.48.4%
Switzerland1.60.91.41.4-4.4%
Netherlands1.02.41.70.9-3.5%
United Kingdom1.81.22.00.9-20.6%
Spain0.20.10.20.965.1%
Belgium0.20.30.50.535.7%
Others4.53.14.35.99.4%
Total38.834.640.749.28.2%

Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to South Africa in 2022:

  1. Germany (2614.6 tons)
  2. Egypt (2088.8 tons)
  3. China (1923.4 tons)
  4. Italy (1529.6 tons)
  5. Turkey (935.1 tons)
  6. France (739.3 tons)
  7. Malaysia (564.0 tons)
  8. Saudi Arabia (421.5 tons)
  9. Belgium (404.7 tons)
  10. Switzerland (377.7 tons)
  11. Netherlands (340.2 tons)
  12. Spain (268.3 tons)
  13. United Kingdom (115.5 tons)

Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in South Africa

For the fourth consecutive year, South Africa recorded growth in overseas shipments of adhesives; prepared, based on rubber or plastics (including artificial resins), which increased by 41% to 3K tons in 2022. Over the period under review, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) skyrocketed to $10M in 2022. The total export value increased at an average annual rate of +8.6% over the period 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.

Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Zimbabwe7318211,4222,08041.7%
Zambia4835608841,49045.6%
Nigeria14587.72851,13198.3%
United Kingdom9531,3741,3721,0051.8%
Malawi16624944059853.3%
Mozambique27071023859330.0%
Namibia4823294795413.9%
Ghana12436731339346.9%
Botswana14518424223818.0%
Madagascar12824524523722.8%
Mauritius12812716721218.3%
Swaziland194124164190-0.7%
United Arab Emirates61363152629.1-63.8%
Others3,3541,1171,4111,406-25.2%
Total7,9156,9258,18910,1428.6%

Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from South Africa in 2022:

  1. Zimbabwe (1255.7 tons)
  2. Nigeria (323.2 tons)
  3. Zambia (289.2 tons)
  4. Namibia (170.3 tons)
  5. Mozambique (118.0 tons)
  6. Malawi (107.4 tons)
  7. United Kingdom (92.6 tons)
  8. Mauritius (83.8 tons)
  9. Botswana (82.2 tons)
  10. Swaziland (78.6 tons)
  11. Ghana (75.4 tons)
  12. Madagascar (71.8 tons)
  13. United Arab Emirates (6.4 tons)

Source: IndexBox Market Intelligence Platform

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