Africa: Market for Compounds, Inorganic Or Organic, Of Mercury, Chemically Defined As Mercury (Excluding Amalgams) 2024

Market Size for Compounds, Inorganic Or Organic, Of Mercury, Chemically Defined As Mercury (Excluding Amalgams) in Africa

The African market for compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams) totaled $X in 2023, growing by X% against the previous year. Over the period under review, consumption posted a buoyant increase. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market failed to regain momentum.

Production of Compounds, Inorganic Or Organic, Of Mercury, Chemically Defined As Mercury (Excluding Amalgams) in Africa

In value terms, production of compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams) rose significantly to $X in 2023 estimated in export price. Over the period under review, production showed a significant increase. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. The level of production peaked at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Exports of Compounds, Inorganic Or Organic, Of Mercury, Chemically Defined As Mercury (Excluding Amalgams)

Exports in Africa

In 2023, approx. X tons of compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams) were exported in Africa; reducing by X% compared with the year before. Over the period under review, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, exports of compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams) reduced remarkably to $X in 2023. Overall, exports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports of reached the maximum at $X in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

South Africa dominates amalgams) structure, reaching X tons, which was approx. X% of total exports in 2023. It was distantly followed by Morocco (X tons), mixing up a X% share of total exports.

Exports from South Africa decreased at an average annual rate of X% from 2012 to 2023. Morocco (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Morocco increased by X percentage points.

In value terms, South Africa ($X) remains the largest compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams) supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Morocco ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in South Africa amounted to X%.

Export Prices by Country

In 2023, the export price in Africa amounted to $X per ton, surging by X% against the previous year. In general, the export price enjoyed temperate growth. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2023, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Morocco ($X per ton), while South Africa stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Imports of Compounds, Inorganic Or Organic, Of Mercury, Chemically Defined As Mercury (Excluding Amalgams)

Imports in Africa

In 2023, the amount of compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams) imported in Africa reduced to X tons, which is down by X% on 2022 figures. Over the period under review, imports faced a sharp decline. The pace of growth appeared the most rapid in 2022 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, imports of compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams) dropped to $X in 2023. Overall, imports saw a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Kenya represented the main importer of compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams) in Africa, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2023. South Africa (X tons) held the second position in the ranking, followed by Lesotho (X kg). All these countries together took approx. X% share of total imports. Sudan (X kg), Morocco (X kg), Angola (X kg), Cote d'Ivoire (X kg), Ghana (X kg), Botswana (X kg) and Egypt (X kg) took a minor share of total imports.

From 2012 to 2023, average annual rates of growth with regard to compounds, inorganic or organic, of mercury, chemically defined as mercury (excluding amalgams) imports into Kenya stood at X%. At the same time, Angola (X%), Cote d'Ivoire (X%), Morocco (X%) and Egypt (X%) displayed positive paces of growth. Moreover, Angola emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2023. By contrast, Botswana (X%), South Africa (X%), Lesotho (X%), Ghana (X%) and Sudan (X%) illustrated a downward trend over the same period. South Africa (X p.p.), Lesotho (X p.p.), Morocco (X p.p.), Angola (X p.p.), Cote d'Ivoire (X p.p.), Ghana (X p.p.), Botswana (X p.p.) and Egypt (X p.p.) significantly strengthened its position in terms of the total imports, while Kenya saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Lesotho ($X), South Africa ($X) and Egypt ($X) appeared to be the countries with the highest levels of imports in 2023, together comprising X% of total imports. Kenya, Sudan, Morocco, Angola, Botswana, Cote d'Ivoire and Ghana lagged somewhat behind, together accounting for a further X%.

Morocco, with a CAGR of X%, saw 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 2023, with an increase of X% against the previous year. Over the period under review, the import price posted a resilient increase. The most prominent rate of growth was recorded in 2017 when the import price increased by X%. The level of import peaked at $X per ton in 2021; however, from 2022 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Egypt ($X per ton), while Kenya ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Sudan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform