Africa: Malt Market 2024

Malt Market Size in Africa

In 2022, after six years of growth, there was decline in the African malt market, when its value decreased by X% to $X. The market 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. Over the period under review, the market reached the peak level at $X in 2021, and then reduced modestly in the following year.

Malt Production in Africa

In value terms, malt production reduced to $X in 2022 estimated in export price. The total output 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 throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2021, and then fell in the following year.

Malt Exports

Exports in Africa

In 2022, the amount of malt exported in Africa was estimated at X tons, with an increase of X% compared with 2021 figures. 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 most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, malt exports rose slightly to $X in 2022. Total exports indicated a strong 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, exports decreased by X% against 2017 indices. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.

Exports by Country

South Africa was the major exporting country with an export of around X tons, which finished at X% of total exports. Namibia (X tons) held the second position in the ranking, distantly followed by Mauritius (X tons), Egypt (X tons) and Zimbabwe (X tons). All these countries together held near X% share of total exports. The following exporters - Kenya (X tons) and Cameroon (X tons) - together made up X% of total exports.

Exports from South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Namibia (X%), Cameroon (X%) and Egypt (X%) displayed positive paces of growth. Moreover, Namibia emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Mauritius (X%), Zimbabwe (X%) and Kenya (X%) illustrated a downward trend over the same period. South Africa (X p.p.) and Namibia (X p.p.) significantly strengthened its position in terms of the total exports, while Mauritius, Kenya and Zimbabwe saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest malt supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Namibia ($X), with a X% share of total exports. It was followed by Mauritius, 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: Namibia (X% per year) and Mauritius (X% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, approximately mirroring the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2015 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 Mauritius ($X per ton), while Zimbabwe ($X per ton) was amongst the lowest.

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

Malt Imports

Imports in Africa

After four years of growth, overseas purchases of malt decreased by X% to X tons in 2022. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of X tons, and then dropped in the following year.

In value terms, malt imports fell modestly to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The purchases of the five major importers of malt, namely Ethiopia, Nigeria, South Africa, Angola and Cameroon, represented more than third of total import. It was followed by Tanzania (X tons), committing a X% share of total imports. Democratic Republic of the Congo (X tons), Cote d'Ivoire (X tons), Namibia (X tons), Mozambique (X tons), Algeria (X tons), Gabon (X tons) and Tunisia (X tons) took a relatively small share of total imports.

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

In value terms, the largest malt importing markets in Africa were Nigeria ($X), Ethiopia ($X) and South Africa ($X), with a combined X% share of total imports.

Among the main importing countries, Ethiopia, with a CAGR of X%, recorded the highest growth rate of the value of imports, 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 2022, growing by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, 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 Nigeria ($X per ton), while Angola ($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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