Africa: Abs Copolymers Market 2024

Abs Copolymers Market Size in Africa

The African ABS copolymers market contracted modestly to $X in 2022, approximately mirroring the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Abs Copolymers Production in Africa

In value terms, ABS copolymers production shrank to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Abs Copolymers Exports

Exports in Africa

In 2022, approx. X tons of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms were exported in Africa; dropping by X% compared with the year before. Overall, exports, however, enjoyed a strong increase. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2021, and then contracted notably in the following year.

In value terms, ABS copolymers exports fell significantly to $X in 2022. In general, exports, however, showed a buoyant increase. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then reduced notably in the following year.

Exports by Country

In 2022, South Africa (X tons), distantly followed by Tanzania (X tons), Ghana (X tons), Nigeria (X tons), Morocco (X tons) and Swaziland (X tons) represented the main exporters of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms, together making up X% of total exports. Senegal (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Ghana (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) remains the largest ABS copolymers supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Morocco ($X), with a X% share of total exports. It was followed by Swaziland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Morocco (X% per year) and Swaziland (X% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, falling by X% against the previous year. Overall, the export price showed a deep downturn. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Swaziland ($X per ton), while Nigeria ($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 export price figures.

Abs Copolymers Imports

Imports in Africa

In 2022, imports of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms in Africa shrank to X tons, declining by X% compared with the previous year's figure. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, ABS copolymers imports contracted to $X in 2022. Total imports indicated slight growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

Egypt was the key importer of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms in Africa, with the volume of imports amounting to X tons, which was approx. X% of total imports in 2022. South Africa (X tons) took the second position in the ranking, followed by Morocco (X tons), Algeria (X tons) and Tunisia (X tons). All these countries together took approx. X% share of total imports. Nigeria (X tons) took a relatively small share of total imports.

Egypt experienced a relatively flat trend pattern with regard to volume of imports of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms. At the same time, Morocco (X%), Nigeria (X%), Tunisia (X%) and Algeria (X%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. By contrast, South Africa (X%) illustrated a downward trend over the same period. While the share of Morocco (X p.p.), Algeria (X p.p.) and Tunisia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Egypt (X p.p.) and South Africa (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X) constitutes the largest market for imported acrylonitrile-butadiene-styrene (abs) copolymers in primary forms in Africa, comprising X% of total imports. The second position in the ranking was taken by South Africa ($X), with a X% share of total imports. It was followed by Morocco, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Egypt amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: South Africa (X% per year) and Morocco (X% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, approximately equating the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton, leveling off in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Tunisia ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform