Africa: Organo-Inorganic Compounds Market 2024

Organo-Inorganic Compounds Market Size in Africa

The African organo-inorganic compounds market expanded markedly to $X in 2022, rising by X% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Organo-Inorganic Compounds Production in Africa

In value terms, organo-inorganic compounds production reached $X in 2022 estimated in export price. Overall, production, however, continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Organo-Inorganic Compounds Exports

Exports in Africa

In 2022, shipments abroad of organo-inorganic compounds (excluding organo-sulphur compounds) increased by X% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, exports, however, recorded a drastic downturn. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, organo-inorganic compounds exports surged to $X in 2022. Overall, exports, however, showed a abrupt shrinkage. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, South Africa (X tons) represented the largest exporter of organo-inorganic compounds (excluding organo-sulphur compounds), achieving X% of total exports. Angola (X tons) took the second position in the ranking, followed by Egypt (X tons). All these countries together took near X% share of total exports. The following exporters - Cameroon (X tons) and Zambia (X tons) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to organo-inorganic compounds exports from South Africa stood at X%. At the same time, Zambia (X%), Angola (X%) and Cameroon (X%) displayed positive paces of growth. Moreover, Zambia 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. South Africa (X p.p.), Angola (X p.p.), Cameroon (X p.p.) and Zambia (X p.p.) significantly strengthened its position in terms of the total exports, while Egypt saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, South Africa ($X), Egypt ($X) and Angola ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

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

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, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2017; however, from 2018 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 Egypt ($X per ton), while Angola ($X per ton) was amongst the lowest.

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

Organo-Inorganic Compounds Imports

Imports in Africa

For the third year in a row, Africa recorded growth in purchases abroad of organo-inorganic compounds (excluding organo-sulphur compounds), which increased by X% to X tons in 2022. Total imports indicated measured 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 2019 indices. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, organo-inorganic compounds imports skyrocketed to $X in 2022. Total imports indicated a measured 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 2018 indices. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

The purchases of the three major importers of organo-inorganic compounds (excluding organo-sulphur compounds), namely South Africa, Djibouti and Egypt, represented more than two-thirds of total import. Algeria (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Morocco (X%). The following importers - Tunisia (X tons) and Nigeria (X tons) - each recorded a X% share of total imports.

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

In value terms, South Africa ($X), Djibouti ($X) and Algeria ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

Djibouti, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries 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, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Africa ($X per ton), while Egypt ($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

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