Africa: Polycarbonate Market 2024

Polycarbonate Market Size in Africa

The African polycarbonate market dropped slightly to $X in 2022, approximately equating the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2021, and then reduced in the following year.

Polycarbonate Production in Africa

In value terms, polycarbonate production dropped to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 with an increase of X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

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Polycarbonate Exports

Exports in Africa

In 2022, shipments abroad of polycarbonates (in primary forms) increased by X% to X tons, rising for the third consecutive year after three years of decline. Over the period under review, exports enjoyed significant growth. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is likely to see steady growth in years to come.

In value terms, polycarbonate exports soared to $X in 2022. In general, exports posted a significant increase. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.

Exports by Country

Morocco (X tons) and South Africa (X tons) represented roughly X% of total exports in 2022. Nigeria (X tons) took the next position in the ranking, followed by Egypt (X tons) and Swaziland (X tons). All these countries together held near X% share of total exports.

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

In value terms, Morocco ($X), Egypt ($X) and South Africa ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Swaziland and Nigeria lagged somewhat behind, together comprising a further X%.

Nigeria, with a CAGR of X%, recorded 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

In 2022, the export price in Africa amounted to $X per ton, with a decrease of X% against the previous year. Overall, the export price saw a deep reduction. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Egypt ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

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

Polycarbonate Imports

Imports in Africa

In 2022, imports of polycarbonates (in primary forms) in Africa rose significantly to X tons, increasing by X% on 2021 figures. Total imports indicated a resilient 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to see gradual growth in years to come.

In value terms, polycarbonate imports surged to $X in 2022. Over the period under review, imports posted a resilient expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in years to come.

Imports by Country

In 2022, Egypt (X tons) and Morocco (X tons) represented the main importers of polycarbonates (in primary forms) in Africa, together achieving X% of total imports. South Africa (X tons) ranks next in terms of the total imports with a X% share, followed by Tunisia (X%). The following importers - Tanzania (X tons), Algeria (X tons) and Nigeria (X tons) - together made up X% of total imports.

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

In value terms, Egypt ($X), Morocco ($X) and South Africa ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Tunisia, Tanzania, Nigeria and Algeria lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Tanzania, with a CAGR of X%, saw 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, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

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 Tunisia ($X per ton), while Algeria ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform