Africa: Aluminium Hydroxide Market 2024

Aluminium Hydroxide Market Size in Africa

The African aluminium hydroxide market totaled $X in 2022, approximately mirroring the previous year. In general, consumption showed a measured expansion. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Aluminium Hydroxide Production in Africa

In value terms, aluminium hydroxide production dropped modestly 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 throughout the analyzed period. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Aluminium Hydroxide Exports

Exports in Africa

For the third year in a row, Africa recorded growth in overseas shipments of aluminium hydroxide, which increased by X% to X tons in 2022. Over the period under review, exports, however, continue to indicate a sharp decline. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, aluminium hydroxide exports expanded modestly to $X in 2022. In general, exports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2015 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Sierra Leone (X tons) and Morocco (X tons) represented roughly X% of total exports in 2022. It was distantly followed by South Africa (X tons) and Swaziland (X tons), together creating a X% share of total exports. Seychelles (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Swaziland (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Sierra Leone ($X) remains the largest aluminium hydroxide supplier in Africa, comprising X% of total exports. The second position in the ranking was held by South Africa ($X), with a X% share of total exports. It was followed by Morocco, with a X% share.

In Sierra Leone, aluminium hydroxide exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: South Africa (X% per year) and Morocco (X% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, which is down by X% against the previous year. In general, the export price, however, saw a buoyant expansion. The growth pace was the most rapid in 2013 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the export prices remained at a 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 Seychelles ($X per ton), while Swaziland ($X per ton) was amongst the lowest.

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

Aluminium Hydroxide Imports

Imports in Africa

In 2022, purchases abroad of aluminium hydroxide increased by X% to X tons, rising for the second year in a row after two years of decline. Total imports indicated a notable expansion from 2012 to 2022: its volume 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 pace of growth appeared the most rapid in 2021 when imports increased by X%. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, aluminium hydroxide imports skyrocketed to $X in 2022. Total imports indicated a slight increase 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% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Tunisia (X tons) represented the largest importer of aluminium hydroxide, generating X% of total imports. South Africa (X tons) ranks second in terms of the total imports with a X% share, followed by Morocco (X%) and Kenya (X%). Egypt (X tons) and Algeria (X tons) followed a long way behind the leaders.

Imports into Tunisia increased at an average annual rate of X% from 2012 to 2022. At the same time, Kenya (X%), Morocco (X%) and South Africa (X%) displayed positive paces of growth. Moreover, Kenya emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. Egypt experienced a relatively flat trend pattern. By contrast, Algeria (X%) illustrated a downward trend over the same period. While the share of Tunisia (X p.p.) and Kenya (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of South Africa (X p.p.) and Algeria (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest aluminium hydroxide importing markets in Africa were Tunisia ($X), South Africa ($X) and Morocco ($X), together comprising X% of total imports. Kenya, Egypt and Algeria lagged somewhat behind, together accounting for a further X%.

Kenya, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, falling by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Egypt ($X per ton), while Tunisia ($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 more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :