Africa: Market for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders 2024

Market Size for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in Africa

The African market for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders amounted to $X in 2022, increasing by X% against the previous year. The market 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. Over the period under review, the market reached the maximum level in 2022 and is likely to see steady growth in the near future.

Production of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in Africa

In value terms, production of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders expanded 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 in certain years. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production of attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Exports in Africa

In 2022, shipments abroad of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders decreased by X% to X square meters, falling for the third consecutive year after two years of growth. In general, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The volume of export peaked at X square meters in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders declined dramatically to $X in 2022. Overall, exports showed a abrupt contraction. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa was the main exporter of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders in Africa, with the volume of exports reaching X square meters, which was near X% of total exports in 2022. It was distantly followed by Tanzania (X square meters) and Kenya (X square meters), together constituting a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders exports from South Africa stood at X%. At the same time, Tanzania (X%) and Kenya (X%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. Tanzania (X p.p.) and Kenya (X p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, South Africa ($X) remains the largest boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Tanzania ($X), with an X% share of total exports.

In South Africa, exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders shrank by 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: Tanzania (X% per year) and Kenya (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per thousand square meters, rising by X% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced decrease. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X per thousand square meters in 2012; however, from 2013 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 South Africa ($X per thousand square meters), while Tanzania ($X per thousand square meters) was amongst the lowest.

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

Imports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Imports in Africa

After three years of decline, supplies from abroad of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders increased by X% to X square meters in 2022. Total imports indicated a measured increase 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. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, imports of hit record highs at X square meters in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders rose rapidly to $X in 2022. Total imports indicated a tangible expansion 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 pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

Angola represented the main importer of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders in Africa, with the volume of imports amounting to X square meters, which was near X% of total imports in 2022. Mauritius (X square meters) ranks second in terms of the total imports with an X% share, followed by Algeria (X%), South Africa (X%), Namibia (X%) and Egypt (X%). The following importers - Tanzania (X square meters), Nigeria (X square meters), Botswana (X square meters), Ethiopia (X square meters), Kenya (X square meters) and Mozambique (X square meters) - together made up X% of total imports.

Angola was also the fastest-growing in terms of the boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders imports, with a CAGR of X% from 2012 to 2022. At the same time, Mauritius (X%), Ethiopia (X%), Algeria (X%), Botswana (X%), Mozambique (X%), Egypt (X%) and Tanzania (X%) displayed positive paces of growth. By contrast, South Africa (X%), Nigeria (X%), Kenya (X%) and Namibia (X%) illustrated a downward trend over the same period. Angola (X p.p.), Mauritius (X p.p.), Algeria (X p.p.) and Ethiopia (X p.p.) significantly strengthened its position in terms of the total imports, while Tanzania, Kenya, Nigeria, South Africa and Namibia saw its share reduced by X%, X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Angola ($X) constitutes the largest market for imported boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders in Africa, comprising X% of total imports. The second position in the ranking was held by Namibia ($X), with a X% share of total imports. It was followed by Ethiopia, with a X% share.

In Angola, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Namibia (X% per year) and Ethiopia (X% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per thousand square meters, declining by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per thousand square meters in 2012; however, from 2013 to 2022, import prices remained at a 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 Ethiopia ($X per thousand square meters), while Mauritius ($X per thousand square meters) 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

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