The import value of Halogenated Derivatives of Hydrocarbons to South Africa has shown fluctuations over the past decade. The actual value for 2023 stood at 42.329 million USD. The year-on-year variation for 2022 and 2023 was 6.63% and 1.26% respectively. Over the last five years, between 2018 and 2023, the compound annual growth rate (CAGR) was a moderate 0.34%.
Forecasted values from 2024 to 2028 indicate a steady upward trend, with a forecasted 5-year CAGR of 1.01%. This suggests a gradual increase in imports, reaching an estimated 44.96 million USD by 2028.
Future trends to watch for:
- Global economic factors and trade policies.
- Technological advancements in halogenated derivatives.
- Environmental regulations impacting production and usage.
- Potential supply chain disruptions.
