Africa: Bituminous Mixtures Market 2024

Bituminous Mixtures Market Size in Africa

For the ninth year in a row, the African bituminous mixtures market recorded growth in sales value, which increased by X% to $X in 2022. The total consumption indicated noticeable 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, consumption increased by X% against 2013 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Bituminous Mixtures Production in Africa

In value terms, bituminous mixtures production rose slightly to $X in 2022 estimated in export price. The total production indicated a modest 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

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Bituminous Mixtures Exports

Exports in Africa

In 2022, after two years of growth, there was significant decline in shipments abroad of bituminous mixtures, when their volume decreased by X% to X tons. Over the period under review, exports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons, and then dropped in the following year.

In value terms, bituminous mixtures exports stood at $X in 2022. In general, exports, however, posted a resilient increase. The growth pace was the most rapid in 2021 when exports increased by X%. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Exports by Country

Ghana was the main exporting country with an export of around X tons, which finished at X% of total exports. It was distantly followed by South Africa (X tons), generating a X% share of total exports.

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%).

In value terms, the largest bituminous mixtures supplying countries in Africa were South Africa ($X) and Ghana ($X).

In terms of the main exporting countries, Ghana, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, picking up by X% against the previous year. In general, the export price, however, recorded a perceptible contraction. Over the period under review, the export prices reached the peak figure 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 South Africa ($X per ton), while Ghana totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Bituminous Mixtures Imports

Imports in Africa

In 2022, after two years of decline, there was significant growth in overseas purchases of bituminous mixtures, when their volume increased by X% to X tons. Total imports indicated a buoyant 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. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, bituminous mixtures imports soared to $X in 2022. Total imports indicated pronounced 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 level of import peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Kenya represented the largest importer of bituminous mixtures in Africa, with the volume of imports finishing at X tons, which was near X% of total imports in 2022. Ethiopia (X tons) held the second position in the ranking, distantly followed by Lesotho (X tons), Egypt (X tons) and Uganda (X tons). All these countries together took approx. X% share of total imports. The following importers - Senegal (X tons), Tanzania (X tons), Rwanda (X tons) and Cameroon (X tons) - together made up X% of total imports.

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

In value terms, Kenya ($X), Ethiopia ($X) and Egypt ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports. Lesotho, Uganda, Senegal, Rwanda, Cameroon and Tanzania lagged somewhat behind, together comprising a further X%.

Lesotho, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of 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, growing by X% against the previous year. Overall, the import price, however, continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 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 Egypt ($X per ton), while Kenya ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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