Africa: Prepared Baking Powder Market 2024

Prepared Baking Powder Market Size in Africa

The African prepared baking powder market totaled $X in 2022, surging by X% against the previous year. The total consumption indicated a strong 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, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Prepared Baking Powder Production in Africa

In value terms, prepared baking powder production reached $X in 2022 estimated in export price. The total production indicated buoyant growth 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Prepared Baking Powder Exports

Exports in Africa

In 2022, approx. X tons of prepared baking powders were exported in Africa; jumping by X% compared with 2021 figures. Overall, exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, prepared baking powder exports soared to $X in 2022. Over the period under review, exports recorded strong growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

Exports by Country

Egypt was the largest exporter of prepared baking powders in Africa, with the volume of exports recording X tons, which was near X% of total exports in 2022. Kenya (X tons) held the second position in the ranking, distantly followed by South Africa (X tons) and Tunisia (X tons). All these countries together took near X% share of total exports. Zambia (X tons) took a minor share of total exports.

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

In value terms, Egypt ($X) remains the largest prepared baking powder supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Kenya ($X), with a X% share of total exports. It was followed by South Africa, with an X% share.

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

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, the export prices reached the maximum in 2022 and is expected to retain growth in the near future.

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 South Africa ($X per ton), while Kenya ($X per ton) was amongst the lowest.

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

Prepared Baking Powder Imports

Imports in Africa

In 2022, the amount of prepared baking powders imported in Africa dropped dramatically to X tons, falling by X% compared with the year before. In general, imports, however, recorded slight growth. The most prominent rate of growth was recorded in 2017 when imports increased by X%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, prepared baking powder imports shrank to $X in 2022. Overall, imports, however, continue to indicate noticeable growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Angola (X tons) and Uganda (X tons) represented the largest importers of prepared baking powders in 2022, accounting for approx. X% and X% of total imports, respectively. Nigeria (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Mozambique (X%), Ethiopia (X%), Libya (X%) and Zambia (X%). The following importers - Rwanda (X tons), Ghana (X tons), Cameroon (X tons), Togo (X tons), Tanzania (X tons) and Democratic Republic of the Congo (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 main importing countries, was attained by Cameroon (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Angola ($X) constitutes the largest market for imported prepared baking powders in Africa, comprising X% of total imports. The second position in the ranking was held by Uganda ($X), with a X% share of total imports. It was followed by Libya, with a X% share.

In Angola, prepared baking powder imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Uganda (X% per year) and Libya (X% per year).

Import Prices by Country

The import price in Africa stood at $X per ton in 2022, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of 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 Angola ($X per ton), while Democratic Republic of the Congo ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform