Africa: Colour Lake Market 2024

Colour Lake Market Size in Africa

The African colour lake market was estimated at $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption continues to indicate a remarkable increase. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Colour Lake Production in Africa

In value terms, colour lake production rose sharply to $X in 2022 estimated in export price. In general, production saw prominent growth. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production stood 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

Colour Lake Exports

Exports in Africa

In 2022, overseas shipments of colour lakes, preparations based on colour lakes increased by X% to X tons, rising for the second year in a row after three years of decline. Overall, exports, however, saw a perceptible decrease. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, colour lake exports soared to $X in 2022. In general, exports, however, showed a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Africa prevails in exports structure, amounting to X tons, which was approx. X% of total exports in 2022. It was distantly followed by Cote d'Ivoire (X tons), committing an X% share of total exports.

South Africa was also the fastest-growing in terms of the colour lakes, preparations based on colour lakes exports, with a CAGR of X% from 2012 to 2022. Cote d'Ivoire (X%) illustrated a downward trend over the same period. South Africa (X p.p.) significantly strengthened its position in terms of the total exports, while Cote d'Ivoire saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, South Africa ($X) remains the largest colour lake supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Cote d'Ivoire ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in South Africa amounted to X%.

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the export price continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per ton), while South Africa totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (X%).

Colour Lake Imports

Imports in Africa

In 2022, the amount of colour lakes, preparations based on colour lakes imported in Africa fell to X tons, reducing by X% compared with 2021. Overall, imports showed a slight setback. The pace of growth appeared the most rapid in 2015 when imports increased by X%. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, colour lake imports surged to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, South Africa (X tons) and Angola (X tons) represented the key importers of colour lakes, preparations based on colour lakes in Africa, together recording approx. X% of total imports. Morocco (X tons) took the next position in the ranking, followed by Algeria (X tons). All these countries together held approx. X% share of total imports. Egypt (X tons), Democratic Republic of the Congo (X tons), Mali (X tons), Nigeria (X tons) and Cote d'Ivoire (X tons) held a relatively small share of total imports.

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

In value terms, South Africa ($X) constitutes the largest market for imported colour lakes, preparations based on colour lakes in Africa, comprising X% of total imports. The second position in the ranking was held by Egypt ($X), with a X% share of total imports. It was followed by Morocco, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Egypt (X% per year) and Morocco (X% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, picking up by X% against the previous year. Import price indicated tangible growth from 2012 to 2022: its price 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, colour lake import price decreased by X% against 2020 indices. The growth pace was the most rapid in 2020 when the import price increased by X%. 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 ($X per ton), while Democratic Republic of the Congo ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :