Africa: Chlorides Market 2024

Chlorides Market Size in Africa

The African chlorides market soared to $X in 2022, rising by X% against the previous year. The total consumption indicated a strong 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, consumption increased by X% against 2020 indices. Over the period under review, the market attained the peak level in 2022 and is likely to see gradual growth in the immediate term.

Chlorides Production in Africa

In value terms, chlorides production dropped dramatically to $X in 2022 estimated in export price. Overall, production, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

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Chlorides Exports

Exports in Africa

After two years of decline, overseas shipments of chlorides (excluding ammonium chloride) increased by X% to X tons in 2022. Overall, exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, chlorides exports soared to $X in 2022. Over the period under review, exports showed a resilient expansion. The growth pace was the most rapid in 2019 with an increase of X%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Egypt was the main exporter of chlorides (excluding ammonium chloride) in Africa, with the volume of exports amounting to X tons, which was near X% of total exports in 2022. It was distantly followed by South Africa (X tons), constituting a X% share of total exports. The following exporters - Tanzania (X tons) and Tunisia (X tons) - each amounted to a X% share of total exports.

Exports from Egypt increased at an average annual rate of X% from 2012 to 2022. At the same time, Tanzania (X%), Tunisia (X%) and South Africa (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. Egypt (X p.p.) and Tanzania (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. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Egypt, chlorides exports increased 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 Tanzania (X% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price continues to indicate a perceptible increase. The pace of growth was the most pronounced in 2020 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum in 2022 and is likely to continue growth in years to come.

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 Tanzania ($X per ton), while Tunisia ($X per ton) was amongst the lowest.

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

Chlorides Imports

Imports in Africa

In 2022, imports of chlorides (excluding ammonium chloride) in Africa soared to X tons, with an increase of X% against 2021 figures. Total imports indicated a temperate 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. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, chlorides imports soared to $X in 2022. Total imports indicated notable 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. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Nigeria was the key importer of chlorides (excluding ammonium chloride) in Africa, with the volume of imports amounting to X tons, which was near X% of total imports in 2022. It was distantly followed by South Africa (X tons), Angola (X tons) and Ghana (X tons), together making up a X% share of total imports. The following importers - Morocco (X tons), Tanzania (X tons), Egypt (X tons), Ethiopia (X tons), Sudan (X tons), Namibia (X tons), Cameroon (X tons), Cote d'Ivoire (X tons) and Algeria (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to chlorides imports into Nigeria stood at X%. At the same time, Cameroon (X%), Morocco (X%), South Africa (X%), Ethiopia (X%), Sudan (X%), Namibia (X%), Cote d'Ivoire (X%) and Tanzania (X%) displayed positive paces of growth. Moreover, Cameroon 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, Ghana (X%), Angola (X%) and Algeria (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Nigeria, South Africa, Morocco and Ethiopia increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X), South Africa ($X) and Angola ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Egypt, Morocco, Sudan, Tanzania, Ethiopia, Ghana, Cote d'Ivoire, Algeria, Namibia and Cameroon lagged somewhat behind, together comprising a further X%.

Cameroon, 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

The import price in Africa stood at $X per ton in 2022, standing approx. at the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2021, and then declined in the following year.

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 Cote d'Ivoire ($X per ton), while Ghana ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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