Report Africa - Petroleum - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Africa - Petroleum - Market Analysis, Forecast, Size, Trends and Insights
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Africa: Petroleum Market 2020

Petroleum Market Size in Africa

The revenue of the petroleum market in Africa amounted to $X in 2017, coming down by -X% against the previous year. The total market indicated a mild increase from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the petroleum consumption increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2016, with an increase of X% year-to-year. Over the period under review, the petroleum market attained its maximum level of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Petroleum Production in Africa

In 2017, production of petroleum in Africa totaled X tons, declining by -X% against the previous year. The petroleum production continues to indicate a temperate drop. The pace of growth appeared the most rapid in 2012, when it surged by X% against the previous year. Over the period under review, the petroleum production attained its maximum volume of X tons in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Petroleum Exports

Exports in Africa

In 2017, approx. X tons of petroleum were exported in Africa; falling by -X% against the previous year. The petroleum exports continue to indicate a noticeable decline. The growth pace was the most rapid in 2014, with an increase of X% y-o-y. In that year, the petroleum exports attained their peak volume of X tons. From 2015 to 2017, growth of the petroleum exports stood at a somewhat lower level.

In value terms, petroleum exports stood at $X in 2017. The petroleum exports continue to indicate a relatively flat trend pattern. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Exports by Country

In 2017, Algeria (X tons) represented the key exporter for petroleum, creating X% of total exports. South Africa (X tons) occupied the second position in the ranking, followed by Egypt (X tons). All these countries together held approx. X% share of total exports. Libya (X tons), Senegal (X tons), Kenya (X tons), Cote d'Ivoire (X tons), Cameroon (X tons), Tunisia (X tons), Morocco (X tons), Angola (X tons) and Ghana (X tons) took the weak share of total exports.

Algeria experienced a relatively flat trend pattern of petroleum exports. At the same time, Ghana (+X%), Kenya (+X%), Senegal (+X%) and South Africa (+X%) displayed positive paces of growth. Moreover, Ghana emerged as the fastest growing exporter in Africa, with a CAGR of +X% from 2007-2017. By contrast, Libya (-X%), Angola (-X%), Morocco (-X%), Tunisia (-X%), Cameroon (-X%), Egypt (-X%) and Cote d'Ivoire (-X%) illustrated a downward trend over the same period. Egypt (X%), Cote d'Ivoire (X%), Cameroon (X%), Tunisia (X%) and Morocco (X%) significantly strengthened its position in terms of the global exports, while Kenya and South Africa saw its share reduced by -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Algeria ($X) remains the largest petroleum supplier in Africa, making up X% of global exports. The second position in the ranking was occupied by Egypt ($X), with a X% share of global exports. It was followed by South Africa, with a X% share.

In Algeria, petroleum exports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Egypt (-X% per year) and South Africa (+X% per year).

Export Prices by Country

The petroleum export price in Africa stood at $X per ton in 2017, increasing by X% against the previous year. The export price indicated a measured expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2017, when it surged by X% y-o-y. Over the period under review, the export prices for petroleum reached its peak figure level of $X per ton in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Egypt ($X per ton), while Ghana ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Egypt (+X% per year), while the other leaders experienced more modest paces of growth.

Petroleum Imports

Imports in Africa

In 2017, petroleum imports in Africa amounted to X tons, dropping by -X% against the previous year. The petroleum imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when imports increased by X% year-to-year. In that year, the petroleum imports attained their peak volume of X tons. From 2011 to 2017, growth of the petroleum imports failed to regain its momentum.

In value terms, petroleum imports amounted to $X in 2017. The total imports indicated a strong expansion from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the petroleum imports decreased by -X% against 2014 indices. Over the period under review, the petroleum imports reached its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Imports by Country

In 2017, Nigeria (X tons), distantly followed by Togo (X tons), Egypt (X tons), South Africa (X tons) and Morocco (X tons) were the main importers of petroleum, together making up X% of total imports. The following importers - Ethiopia (X tons), Tanzania (X tons), Guinea (X tons), Algeria (X tons), Libya (X tons), Kenya (X tons) and Uganda (X tons) together made up X% of total imports.

Imports into Nigeria increased at an average annual rate of +X% from 2007 to 2017. At the same time, Togo (+X%), Egypt (+X%), Ethiopia (+X%), Kenya (+X%), Morocco (+X%), Uganda (+X%), Guinea (+X%) and Libya (+X%) displayed positive paces of growth. Moreover, Togo emerged as the fastest growing importer in Africa, with a CAGR of +X% from 2007-2017. Tanzania and South Africa experienced a relatively flat trend pattern. By contrast, Algeria (-X%) illustrated a downward trend over the same period. While the share of Algeria (X%) increased significantly in terms of the global imports from 2007-2017, the share of Kenya (-X%), Ethiopia (-X%), Morocco (-X%), Egypt (-X%), Togo (-X%) and Nigeria (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest petroleum markets worldwide were Nigeria ($X), Egypt ($X) and South Africa ($X), together comprising X% of total imports. These countries were followed by Togo, Morocco, Kenya, Ethiopia, Algeria, Libya, Tanzania, Uganda and Guinea, which together accounted for a further X%.

Among the main importing countries, Algeria (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2017, the petroleum import price in Africa amounted to $X per ton, rising by X% against the previous year. The import price indicated a remarkable expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2008, when the import prices increased by X% against the previous year. Over the period under review, the import prices for petroleum reached its maximum level of $X per ton in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Kenya ($X per ton), while Guinea ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Algeria (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons
Product coverage:

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This report provides an in-depth analysis of the petroleum market in Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Country coverage:
• Algeria
• Angola
• Benin
• Botswana
• Burkina Faso
• Burundi
• Cabo Verde
• Cameroon
• Central African Rep.
• Chad
• Comoros
• Congo
• Côte d'Ivoire
• Dem. Rep. of the Congo
• Djibouti
• Egypt
• Equatorial Guinea
• Eritrea
• Ethiopia
• Gabon
• Gambia
• Ghana
• Guinea
• Guinea-Bissau
• Kenya
• Lesotho
• Liberia
• Libya
• Madagascar
• Malawi
• Mali
• Mauritania
• Mauritius
• Mayotte
• Morocco
• Mozambique
• Namibia
• Niger
• Nigeria
• Réunion
• Rwanda
• Saint Helena
• Sao Tome and Principe
• Senegal
• Seychelles
• Sierra Leone
• Somalia
• South Africa
• South Sudan
• Sudan
• Swaziland
• United Rep. of Tanzania
• Togo
• Tunisia
• Uganda
• Western Sahara
• Zambia
• Zimbabwe.


Data coverage:

• Market volume and value;

• Per Capita consumption;

• Forecast of the market dynamics in the medium term;

• Production in Africa, split by region and country;

• Trade (exports and imports) in Africa;

• Export and import prices;

• Market trends, drivers and restraints;

• Key market players and their profiles.


Reasons to buy this report:

• Take advantage of the latest data;

• Find deeper insights into current market developments;

• Discover vital success factors affecting the market.


This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.


In this report, you can find information that helps you to make informed decisions on the following issues


1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. How to prepare your business for global expansion


While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Algeria
• Angola
• Benin
• Botswana
• Burkina Faso
• Burundi
• Cabo Verde
• Cameroon
• Central African Republic
• Chad
• Comoros
• Congo
• Democratic Republic of the Congo
• Djibouti
• Egypt
• Equatorial Guinea
• Eritrea
• Ethiopia
• Gabon
• Gambia
• Ghana
• Guinea
• Guinea-Bissau
• Kenya
• Lesotho
• Liberia
• Libya
• Madagascar
• Malawi
• Mali
• Mauritania
• Mauritius
• Mayotte
• Morocco
• Mozambique
• Namibia
• Niger
• Nigeria
• Reunion
• Rwanda
• Saint Helena, Ascension and Tristan da Cunha
• Sao Tome and Principe
• Senegal
• Seychelles
• Sierra Leone
• Somalia
• South Africa
• Sudan
• Swaziland
• Tanzania
• Togo
• Tunisia
• Uganda
• Zambia
• Zimbabwe
• Cote d'Ivoire
• Western Sahara
• South Sudan
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
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