Africa: Market for Prepared Glues And Other Prepared Adhesives 2024

Market Size for Prepared Glues And Other Prepared Adhesives in Africa

The African market for prepared glues and other prepared adhesives stood at $X in 2022, growing by X% against the previous year. The total consumption indicated a pronounced 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 increased by X% against 2013 indices. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Production of Prepared Glues And Other Prepared Adhesives in Africa

In value terms, production of prepared glues and other prepared adhesives stood at $X in 2022 estimated in export price. The total production indicated tangible 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 2018 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X; afterwards, it flattened through to 2022.

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Exports of Prepared Glues And Other Prepared Adhesives

Exports in Africa

In 2022, overseas shipments of prepared glues and other prepared adhesives increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports, however, saw a slight decline. The growth pace was the most rapid in 2018 with an increase of X%. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of prepared glues and other prepared adhesives surged to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

South Africa was the largest exporting country with an export of about X tons, which resulted at X% of total exports. It was distantly followed by Egypt (X tons), Tunisia (X tons), Kenya (X tons) and Morocco (X tons), together making up a X% share of total exports. The following exporters - Cote d'Ivoire (X tons) and Nigeria (X tons) - each recorded a X% share of total exports.

South Africa experienced a relatively flat trend pattern with regard to volume of exports of prepared glues and other prepared adhesives. At the same time, Kenya (X%), Morocco (X%) and Nigeria (X%) displayed positive paces of growth. Moreover, Kenya emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. Cote d'Ivoire experienced a relatively flat trend pattern. By contrast, Tunisia (X%) and Egypt (X%) illustrated a downward trend over the same period. Kenya (X p.p.), South Africa (X p.p.) and Morocco (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. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest prepared glues and other prepared adhesives supplying countries in Africa were South Africa ($X), Egypt ($X) and Tunisia ($X), with a combined X% share of total exports. Kenya, Morocco, Cote d'Ivoire and Nigeria lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Kenya, with a CAGR of X%, saw the highest growth rate of 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, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2020 an increase of X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in years to come.

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

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

Imports of Prepared Glues And Other Prepared Adhesives

Imports in Africa

For the seventh consecutive year, Africa recorded growth in supplies from abroad of prepared glues and other prepared adhesives, which increased by X% to X tons in 2022. Total imports indicated a strong increase 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 2015 indices. The growth pace was the most rapid in 2018 with an increase of 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, imports of prepared glues and other prepared adhesives expanded markedly to $X in 2022. Total imports indicated a noticeable 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 2017 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

In 2022, Nigeria (X tons), distantly followed by South Africa (X tons), Algeria (X tons), Ghana (X tons), Morocco (X tons) and Mozambique (X tons) represented the largest importers of prepared glues and other prepared adhesives, together constituting X% of total imports. The following importers - Libya (X tons), Egypt (X tons), Angola (X tons), Tunisia (X tons), Ethiopia (X tons), Senegal (X tons) and Kenya (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 Mozambique (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest prepared glues and other prepared adhesives importing markets in Africa were South Africa ($X), Algeria ($X) and Nigeria ($X), with a combined X% share of total imports. Morocco, Egypt, Ghana, Tunisia, Libya, Ethiopia, Angola, Kenya, Senegal and Mozambique lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Ghana, 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

The import price in Africa stood at $X per ton in 2022, rising by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The level of import peaked at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Egypt ($X per ton), while Mozambique ($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 more modest paces of growth.

Source: IndexBox Platform

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