Africa: Ethanol Market 2024

Ethanol Market Size in Africa

The African ethanol market was estimated at $X in 2022, picking up by X% against the previous year. Overall, consumption saw resilient growth. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Ethanol Production in Africa

In value terms, ethanol production expanded slightly to $X in 2022 estimated in export price. The total production indicated a resilient 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, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Ethanol Exports

Exports in Africa

In 2022, shipments abroad of ethyl alcohol increased by X% to X litres, rising for the third year in a row after two years of decline. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X litres in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, ethanol exports surged to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

South Africa was the major exporter of ethyl alcohol in Africa, with the volume of exports accounting for X litres, which was near X% of total exports in 2022. Swaziland (X litres) ranks second in terms of the total exports with a X% share, followed by Sudan (X%) and Uganda (X%). The following exporters - Egypt (X litres) and Mauritius (X litres) - each amounted to a X% share of total exports.

Exports from South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Uganda (X%), Mauritius (X%), Swaziland (X%) and Sudan (X%) displayed positive paces of growth. Moreover, Uganda emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Egypt (X%) illustrated a downward trend over the same period. While the share of South Africa (X p.p.), Uganda (X p.p.) and Swaziland (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Egypt (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In South Africa, ethanol exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Sudan (X% per year) and Swaziland (X% per year).

Export Prices by Country

The export price in Africa stood at $X per litre in 2022, picking up 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.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Egypt ($X per litre), while Swaziland ($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 mixed trends in the export price figures.

Ethanol Imports

Imports in Africa

In 2022, overseas purchases of ethyl alcohol decreased by X% to X litres, falling for the second year in a row after two years of growth. The total import volume 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 most prominent rate of growth was recorded in 2017 with an increase of X%. The volume of import peaked at X litres in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, ethanol imports fell to $X in 2022. Total imports indicated a modest 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, imports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Nigeria (X litres), distantly followed by Ghana (X litres), Cameroon (X litres), Kenya (X litres), Angola (X litres) and Cote d'Ivoire (X litres) were the largest importers of ethyl alcohol, together constituting X% of total imports. Rwanda (X litres), Democratic Republic of the Congo (X litres), Togo (X litres), Tanzania (X litres), Madagascar (X litres) and Mozambique (X litres) followed a long way behind the leaders.

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

In value terms, Nigeria ($X) constitutes the largest market for imported ethyl alcohol in Africa, comprising X% of total imports. The second position in the ranking was taken by Ghana ($X), with a X% share of total imports. It was followed by Kenya, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Nigeria amounted to X%. In the other countries, the average annual rates were as follows: Ghana (X% per year) and Kenya (X% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per litre, picking up by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the import price increased by X% against the previous year. The level of import peaked at $X per litre in 2020; however, from 2021 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 Rwanda ($X per litre), while Togo ($X per litre) was amongst the lowest.

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

Source: IndexBox Platform

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