Africa: Market for Double Or Complex Silicates 2024

Market Size for Double Or Complex Silicates in Africa

In 2022, the African double or complex silicates market increased by X% to $X, rising for the second consecutive year after three years of decline. The total consumption indicated a moderate 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 hit record highs in 2022 and is likely to see gradual growth in the near future.

Production of Double Or Complex Silicates in Africa

In value terms, double or complex silicates production reached $X in 2022 estimated in export price. Over the period under review, production saw a pronounced decrease. The pace of growth appeared the most rapid in 2019 when the production volume increased by X%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

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Exports of Double Or Complex Silicates

Exports in Africa

In 2022, approx. X tons of double or complex silicates were exported in Africa; waning by X% compared with the year before. Overall, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons, and then dropped rapidly in the following year.

In value terms, double or complex silicates exports fell sharply to $X in 2022. In general, exports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Morocco was the major exporting country with an export of about X tons, which resulted at X% of total exports. Senegal (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by South Africa (X%), Zimbabwe (X%) and Zambia (X%).

From 2012 to 2022, average annual rates of growth with regard to double or complex silicates exports from Morocco stood at X%. At the same time, Zimbabwe (X%), South Africa (X%), Senegal (X%) and Zambia (X%) displayed positive paces of growth. Moreover, Zimbabwe emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. While the share of Morocco (X p.p.) and Zimbabwe (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Zambia (X p.p.) and Senegal (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest double or complex silicates supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Morocco ($X), with a X% share of total exports. It was followed by Senegal, 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: Morocco (X% per year) and Senegal (X% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the export price saw a perceptible decline. The pace of growth appeared the most rapid in 2017 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Zambia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Senegal (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Double Or Complex Silicates

Imports in Africa

In 2022, purchases abroad of double or complex silicates increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, imports posted a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, double or complex silicates imports skyrocketed to $X in 2022. Overall, imports showed a strong expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X%. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

Imports by Country

South Africa prevails in imports structure, resulting at X tons, which was approx. X% of total imports in 2022. It was distantly followed by Egypt (X tons), comprising a X% share of total imports. Nigeria (X tons), Cote d'Ivoire (X tons), Morocco (X tons) and Zambia (X tons) followed a long way behind the leaders.

Imports into South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Cote d'Ivoire (X%), Zambia (X%), Egypt (X%) and Morocco (X%) displayed positive paces of growth. Moreover, Cote d'Ivoire emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. Nigeria experienced a relatively flat trend pattern. While the share of South Africa (X p.p.), Cote d'Ivoire (X p.p.) and Zambia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Morocco (X p.p.), Egypt (X p.p.) and Nigeria (X p.p.) displayed negative dynamics.

In value terms, South Africa ($X) constitutes the largest market for imported double or complex silicates in Africa, comprising X% of total imports. The second position in the ranking was held by Egypt ($X), with an X% share of total imports. It was followed by Nigeria, with an X% share.

In South Africa, double or complex silicates imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Egypt (X% per year) and Nigeria (X% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, with a decrease of X% against the previous year. Overall, the import price showed a abrupt decrease. The pace of growth appeared the most rapid in 2014 when the import price increased by X%. Over the period under review, import prices attained the maximum at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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 Nigeria ($X per ton), while Cote d'Ivoire ($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 mixed trends in the import price figures.

Source: IndexBox Platform

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