Africa: Citric Acid Market 2024

Citric Acid Market Size in Africa

The African citric acid market surged to $X in 2022, growing 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 2017 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Citric Acid Production in Africa

In value terms, citric acid production shrank modestly to $X in 2022 estimated in export price. The total production 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, production decreased by X% against 2019 indices. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Citric Acid Exports

Exports in Africa

In 2022, citric acid exports in Africa rose sharply to X tons, increasing by X% compared with 2021 figures. Over the period under review, exports showed a buoyant increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, citric acid exports fell to $X in 2022. Overall, exports, however, saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2013 when exports increased by X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, South Africa (X tons) was the major exporter of citric acid and its salts and esters, creating X% of total exports. Swaziland (X tons) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Equatorial Guinea (X%). Tunisia (X tons), Senegal (X tons) and Kenya (X tons) held a minor share of total exports.

Exports from South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Equatorial Guinea (X%), Senegal (X%), Tunisia (X%) and Kenya (X%) displayed positive paces of growth. Moreover, Equatorial Guinea emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Swaziland (X%) illustrated a downward trend over the same period. South Africa (X p.p.), Equatorial Guinea (X p.p.) and Senegal (X p.p.) significantly strengthened its position in terms of the total exports, while Swaziland 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, South Africa ($X) emerged as the largest citric acid supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Swaziland ($X), with a X% share of total exports. It was followed by Equatorial Guinea, with an X% share.

In South Africa, citric acid exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Swaziland (X% per year) and Equatorial Guinea (X% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the export price recorded a abrupt slump. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton 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 Swaziland ($X per ton), while Tunisia ($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.

Citric Acid Imports

Imports in Africa

For the third consecutive year, Africa recorded growth in supplies from abroad of citric acid and its salts and esters, which increased by X% to X tons in 2022. Overall, imports saw a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, citric acid imports surged to $X in 2022. In general, imports saw strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

South Africa (X tons) and Egypt (X tons) represented the largest importers of citric acid and its salts and esters in 2022, accounting for near X% and X% of total imports, respectively. Nigeria (X tons) held the next position in the ranking, followed by Algeria (X tons), Morocco (X tons) and Swaziland (X tons). All these countries together held near X% share of total imports. The following importers - Tanzania (X tons), Ghana (X tons), Angola (X tons), Tunisia (X tons), Kenya (X tons), Cameroon (X tons) and Zambia (X tons) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Cameroon (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest citric acid importing markets in Africa were South Africa ($X), Nigeria ($X) and Egypt ($X), with a combined X% share of total imports. Algeria, Swaziland, Morocco, Tanzania, Kenya, Zambia, Ghana, Tunisia, Angola and Cameroon lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Zambia, with a CAGR of X%, recorded the highest growth rate of the value of imports, 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, picking up by X% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Zambia ($X per ton), while Cameroon ($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

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