Africa: Melamine Resins Market 2024

Melamine Resins Market Size in Africa

The African melamine resins market contracted modestly to $X in 2022, flattening at the previous year. In general, consumption showed a pronounced contraction. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Melamine Resins Production in Africa

In value terms, melamine resins production contracted modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Melamine Resins Exports

Exports in Africa

In 2022, shipments abroad of melamine resins in primary forms increased by X% to X tons, rising for the second consecutive year after three years of decline. Total exports indicated a notable 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. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, melamine resins exports soared to $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Egypt prevails in exports structure, recording X tons, which was near X% of total exports in 2022. It was distantly followed by Gabon (X tons), comprising a X% share of total exports.

Egypt was also the fastest-growing in terms of the melamine resins in primary forms exports, with a CAGR of X% from 2012 to 2022. Gabon (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Egypt increased by X percentage points.

In value terms, Egypt ($X) remains the largest melamine resins supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Gabon ($X), with a X% share of total exports.

In Egypt, melamine resins exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, leveling off at the previous year. In general, the export price continues to indicate a pronounced curtailment. The growth pace was the most rapid in 2019 an increase of X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while Gabon amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Gabon (X%).

Melamine Resins Imports

Imports in Africa

In 2022, imports of melamine resins in primary forms in Africa declined slightly to X tons, shrinking by X% on 2021 figures. Total imports indicated resilient growth 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. Based on 2022 figures, imports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons, and then reduced slightly in the following year.

In value terms, melamine resins imports expanded sharply to $X in 2022. Total imports 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Togo (X tons), Kenya (X tons), Morocco (X tons), Cote d'Ivoire (X tons), Ethiopia (X tons) and South Africa (X tons) represented roughly X% of total imports in 2022. It was distantly followed by Egypt (X tons), comprising a X% share of total imports. Ghana (X tons), Gabon (X tons), Malawi (X tons), Algeria (X tons), Guinea (X tons) and Djibouti (X tons) followed a long way behind the leaders.

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

In value terms, the largest melamine resins importing markets in Africa were Morocco ($X), South Africa ($X) and Ethiopia ($X), together accounting for X% of total imports. Kenya, Egypt, Cote d'Ivoire, Togo, Algeria, Gabon, Malawi, Ghana, Djibouti and Guinea lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Malawi, with a CAGR of X%, recorded the highest rates of growth with regard to 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, rising by X% against the previous year. Overall, the import price, however, showed a pronounced curtailment. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, 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 Egypt ($X per ton), while Togo ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform