Africa: Market for Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives 2024

Market Size for Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives in Africa

The African market for acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives reduced to $X in 2022, dropping by X% against the previous year. Over the period under review, consumption continues to indicate a noticeable setback. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Production of Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives in Africa

In value terms, production of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives fell modestly to $X in 2022 estimated in export price. Overall, production showed a noticeable curtailment. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, production of hit record highs at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Exports of Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives

Exports in Africa

In 2022, after four years of growth, there was significant decline in overseas shipments of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives, when their volume decreased by X% to X tons. Over the period under review, exports saw a sharp descent. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, exports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives shrank remarkably to $X in 2022. In general, exports continue to indicate a sharp decrease. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Egypt (X tons) represented the main exporter of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives, committing X% of total exports. Senegal (X kg) held a X% share (based on physical terms) of total exports, which put it in second place, followed by South Africa (X%) and Kenya (X%).

Egypt was also the fastest-growing in terms of the acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives exports, with a CAGR of X% from 2012 to 2022. At the same time, Kenya (X%) displayed positive paces of growth. By contrast, Senegal (X%) and South Africa (X%) illustrated a downward trend over the same period. While the share of Egypt (X p.p.), Senegal (X p.p.) and Kenya (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics.

In value terms, the largest acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives supplying countries in Africa were Egypt ($X), Senegal ($X) and South Africa ($X), with a combined X% share of total exports. Kenya lagged somewhat behind, accounting for a further X%.

Among the main exporting countries, Kenya, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The level of export peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Senegal ($X per ton), while Kenya ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (X%), while the other leaders experienced a decline in the export price figures.

Imports of Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives

Imports in Africa

Imports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives shrank to X tons in 2022, which is down by X% against the previous year. In general, imports saw a abrupt decrease. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, imports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives soared to $X in 2022. Overall, imports showed a abrupt setback. Over the period under review, imports of reached the maximum at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Nigeria (X tons) and Sudan (X tons) were the largest importers of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives in Africa, together finishing at near X% of total imports. It was distantly followed by South Africa (X tons), Angola (X tons) and Morocco (X tons), together comprising a X% share of total imports. Tanzania (X tons) and Swaziland (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Tanzania (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives importing markets in Africa were South Africa ($X), Nigeria ($X) and Sudan ($X), together comprising X% of total imports. Swaziland, Morocco, Angola and Tanzania lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Tanzania, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Africa stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price, however, showed a mild slump. The growth pace was the most rapid in 2020 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Swaziland ($X per ton), while Angola ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform