Africa: Denatured Ethyl Alcohol Market 2024

Denatured Ethyl Alcohol Market Size in Africa

In 2022, the African denatured ethyl alcohol market increased by X% to $X, rising for the fourth consecutive year after two years of decline. Overall, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked in 2022 and is likely to see steady growth in the immediate term.

Denatured Ethyl Alcohol Production in Africa

In value terms, denatured ethyl alcohol production totaled $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

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Denatured Ethyl Alcohol Exports

Exports in Africa

In 2022, shipments abroad of denatured ethyl alcohol and other denatured spirits decreased by X% to X litres for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The volume of export peaked at X litres in 2021, and then contracted dramatically in the following year.

In value terms, denatured ethyl alcohol exports amounted to $X in 2022. In general, exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

South Africa prevails in exports structure, resulting at X litres, which was approx. X% of total exports in 2022. Egypt (X litres) took an X% share (based on physical terms) of total exports, which put it in second place, followed by Uganda (X%). Swaziland (X litres) and Zambia (X litres) held a relatively small share of total exports.

Exports from South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Egypt (X%), Uganda (X%), Zambia (X%) and Swaziland (X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Egypt and Uganda increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual growth rate of value in South Africa stood at X%. In the other countries, the average annual rates were as follows: Egypt (X% per year) and Uganda (X% per year).

Export Prices by Country

The export price in Africa stood at $X per litre in 2022, growing by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The level of export peaked at $X per litre in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Zambia ($X per litre), while Swaziland ($X per litre) 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.

Denatured Ethyl Alcohol Imports

Imports in Africa

In 2022, after two years of growth, there was significant decline in supplies from abroad of denatured ethyl alcohol and other denatured spirits, when their volume decreased by X% to X litres. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X litres, and then declined rapidly in the following year.

In value terms, denatured ethyl alcohol imports fell to $X in 2022. In general, imports, however, showed a slight expansion. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

Nigeria prevails in imports structure, recording X litres, which was near X% of total imports in 2022. Kenya (X litres) took the second position in the ranking, followed by Rwanda (X litres), Cote d'Ivoire (X litres) and Angola (X litres). All these countries together held approx. X% share of total imports. Burundi (X litres) and Democratic Republic of the Congo (X litres) followed a long way behind the leaders.

Imports into Nigeria decreased at an average annual rate of X% from 2012 to 2022. At the same time, Rwanda (X%), Democratic Republic of the Congo (X%), Kenya (X%), Burundi (X%) and Cote d'Ivoire (X%) displayed positive paces of growth. Moreover, Rwanda emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. By contrast, Angola (X%) illustrated a downward trend over the same period. Kenya (X p.p.), Rwanda (X p.p.), Cote d'Ivoire (X p.p.), Burundi (X p.p.) and Democratic Republic of the Congo (X p.p.) significantly strengthened its position in terms of the total imports, while Nigeria 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, Nigeria ($X) constitutes the largest market for imported denatured ethyl alcohol and other denatured spirits in Africa, comprising X% of total imports. The second position in the ranking was held by Rwanda ($X), with a X% share of total imports. It was followed by Kenya, with an X% share.

In Nigeria, denatured ethyl alcohol imports contracted by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Rwanda (X% per year) and Kenya (X% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per litre, increasing by X% against the previous year. Over the period under review, the import price continues to indicate modest growth. The growth pace was the most rapid in 2018 an increase of X%. The level of import peaked at $X per litre in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Rwanda ($X per litre) and Cote d'Ivoire ($X per litre), while Burundi ($X per litre) and Kenya ($X per litre) were amongst the lowest.

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

Source: IndexBox Platform

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