Africa: Potato Starch Market 2024

Potato Starch Market Size in Africa

The African potato starch market rose slightly to $X in 2022, picking up by X% against 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 in certain years. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Potato Starch Production in Africa

In value terms, potato starch production expanded sharply 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 most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

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Potato Starch Exports

Exports in Africa

In 2022, the amount of potato starch exported in Africa soared to X tons, growing by X% compared with the year before. Overall, exports recorded a measured increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, potato starch exports skyrocketed to $X in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

South Africa dominates exports structure, reaching X tons, which was near X% of total exports in 2022. It was distantly followed by Morocco (X tons), committing a X% share of total exports. The following exporters - Niger (X tons) and Egypt (X tons) - each amounted to a X% share of total exports.

Exports from South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Morocco (X%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Niger (X%) and Egypt (X%) illustrated a downward trend over the same period. South Africa (X p.p.) and Morocco (X p.p.) significantly strengthened its position in terms of the total exports, while Niger and Egypt saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, South Africa ($X) remains the largest potato starch supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Morocco ($X), with a X% share of total exports. It was followed by Niger, with a X% share.

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

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, declining by X% against the previous year. Over the period under review, the export price saw a mild reduction. The pace of growth was the most pronounced in 2020 an increase of X%. 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.

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 Niger ($X per ton), while Egypt ($X per ton) was amongst the lowest.

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

Potato Starch Imports

Imports in Africa

For the fourth year in a row, Africa recorded growth in purchases abroad of potato starch, which increased by X% to X tons in 2022. In general, imports saw a prominent expansion. The pace of growth was the most pronounced in 2021 when imports increased by X%. The volume of import peaked in 2022 and is likely to continue growth in years to come.

In value terms, potato starch imports stood at $X in 2022. Over the period under review, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, South Africa (X tons) was the main importer of potato starch, achieving X% of total imports. Egypt (X tons) took the second position in the ranking, followed by Morocco (X tons), Algeria (X tons) and Nigeria (X tons). All these countries together took approx. X% share of total imports.

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

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

In terms of the main importing countries, Nigeria, 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, which is down by X% against the previous year. Overall, the import price saw a slight slump. The growth pace was the most rapid in 2013 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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