Africa: Natural Polymers Market 2024

Natural Polymers Market Size in Africa

The African natural polymers market rose rapidly to $X in 2022, with an increase of X% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Natural Polymers Production in Africa

In value terms, natural polymers production rose to $X in 2022 estimated in export price. In general, production, however, continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

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Natural Polymers Exports

Exports in Africa

In 2022, exports of natural and modified natural polymers in primary forms in Africa contracted dramatically to X tons, waning by X% against the previous year's figure. Overall, exports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2014 when exports increased by X%. The volume of export peaked at X tons in 2021, and then fell significantly in the following year.

In value terms, natural polymers exports contracted slightly to $X in 2022. Over the period under review, exports, however, enjoyed resilient growth. The growth pace was the most rapid in 2016 with an increase of X%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

South Africa prevails in exports structure, recording X tons, which was near X% of total exports in 2022. It was distantly followed by Zambia (X tons), constituting a X% share of total exports. Egypt (X tons), Angola (X tons), Ghana (X tons), Tanzania (X tons) and Kenya (X tons) followed a long way behind the leaders.

Exports from South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Angola (X%), Zambia (X%), Tanzania (X%), Ghana (X%), Egypt (X%) and Kenya (X%) displayed positive paces of growth. Moreover, Angola emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of South Africa, Zambia, Angola, Tanzania and Ghana increased by X, X, X, X and X percentage points, respectively.

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

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, rising by X% against the previous year. In general, the export price, however, continues to indicate a abrupt decrease. The level of export peaked at $X per ton in 2012; however, from 2013 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 Ghana ($X per ton), while Tanzania ($X per ton) 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.

Natural Polymers Imports

Imports in Africa

In 2022, overseas purchases of natural and modified natural polymers in primary forms increased by X% to X tons, rising for the second consecutive year after two years of decline. Total imports indicated tangible 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 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, natural polymers imports skyrocketed to $X in 2022. Total imports indicated a temperate 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. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Angola (X tons), distantly followed by South Africa (X tons) and Senegal (X tons) represented the key importers of natural and modified natural polymers in primary forms, together making up X% of total imports. Ghana (X tons), Algeria (X tons), Ethiopia (X tons), Tanzania (X tons), Morocco (X tons), Kenya (X tons), Cameroon (X tons), Mozambique (X tons), Cote d'Ivoire (X tons) and Nigeria (X tons) took a little share of total imports.

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

In value terms, South Africa ($X) constitutes the largest market for imported natural and modified natural polymers in primary forms in Africa, comprising X% of total imports. The second position in the ranking was taken by Angola ($X), with a X% share of total imports. It was followed by Morocco, with a X% share.

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

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, declining by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the import price increased by X%. The level of import peaked at $X per ton in 2016; however, from 2017 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 Morocco ($X per ton), while Mozambique ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform