Africa: Market for Medicaments Of Alkaloids Or Derivatives Thereof 2024

Market Size for Medicaments Of Alkaloids Or Derivatives Thereof in Africa

The African market for medicaments of alkaloids or derivatives thereof reached $X in 2022, with an increase of X% against the previous year. The market 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. Over the period under review, the market reached the peak level in 2022 and is likely to see gradual growth in years to come.

Production of Medicaments Of Alkaloids Or Derivatives Thereof in Africa

In value terms, production of medicaments of alkaloids or derivatives thereof stood at $X in 2022 estimated in export price. The total production indicated a measured expansion 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 most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, production of hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Exports of Medicaments Of Alkaloids Or Derivatives Thereof

Exports in Africa

In 2022, exports of medicaments of alkaloids or derivatives thereof in Africa declined to X tons, shrinking by X% on the previous year. In general, exports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, exports of medicaments of alkaloids or derivatives thereof stood at $X in 2022. Over the period under review, exports faced a deep reduction. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Mauritius (X tons) and Kenya (X tons) represented roughly X% of total exports in 2022. South Africa (X tons) held the next position in the ranking, followed by Cameroon (X tons) and Morocco (X tons). All these countries together held near X% share of total exports. The following exporters - Tanzania (X tons) and Lesotho (X tons) - each resulted at an X% share of total exports.

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

In value terms, Mauritius ($X), Kenya ($X) and South Africa ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Morocco, Lesotho, Cameroon and Tanzania lagged somewhat behind, together comprising a further X%.

Lesotho, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the export price, however, saw a abrupt contraction. The growth pace was the most rapid in 2015 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the export prices remained at a lower figure.

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 Morocco ($X per ton), while Cameroon ($X per ton) was amongst the lowest.

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

Imports of Medicaments Of Alkaloids Or Derivatives Thereof

Imports in Africa

In 2022, approx. X tons of medicaments of alkaloids or derivatives thereof were imported in Africa; rising by X% on 2021 figures. Total imports indicated a tangible expansion from 2012 to 2022: its volume 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. Over the period under review, imports of reached the peak figure at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of medicaments of alkaloids or derivatives thereof surged to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports of attained the maximum at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Nigeria represented the largest importer of medicaments of alkaloids or derivatives thereof in Africa, with the volume of imports reaching X tons, which was near X% of total imports in 2022. Democratic Republic of the Congo (X tons) held the second position in the ranking, followed by Zimbabwe (X tons), Cote d'Ivoire (X tons), Libya (X tons), Algeria (X tons), Mali (X tons) and Tunisia (X tons). All these countries together held approx. X% share of total imports. Angola (X tons), Cameroon (X tons), Kenya (X tons), Namibia (X tons) and South Africa (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to medicaments of alkaloids or derivatives thereof imports into Nigeria stood at X%. At the same time, Mali (X%), Namibia (X%), Tunisia (X%), Democratic Republic of the Congo (X%), Cote d'Ivoire (X%), Angola (X%), Algeria (X%), Kenya (X%) and Cameroon (X%) displayed positive paces of growth. Moreover, Mali emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. Zimbabwe experienced a relatively flat trend pattern. By contrast, South Africa (X%) and Libya (X%) illustrated a downward trend over the same period. While the share of Democratic Republic of the Congo (X p.p.), Mali (X p.p.), Cote d'Ivoire (X p.p.), Tunisia (X p.p.), Angola (X p.p.), Namibia (X p.p.) and Algeria (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Zimbabwe (X p.p.), Nigeria (X p.p.), South Africa (X p.p.) and Libya (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest medicaments of alkaloids or derivatives thereof importing markets in Africa were South Africa ($X), Algeria ($X) and Nigeria ($X), with a combined X% share of total imports. Zimbabwe, Tunisia, Angola, Libya, Cote d'Ivoire, Kenya, Mali, Namibia, Democratic Republic of the Congo and Cameroon lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Angola, 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

In 2022, the import price in Africa amounted to $X per ton, which is down by X% against the previous year. Overall, the import price showed a noticeable decline. The pace of growth appeared the most rapid in 2017 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the import prices failed to regain momentum.

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 South Africa ($X per ton), while Democratic Republic of the Congo ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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