Africa: Baking Soda Market 2024

Baking Soda Market Size in Africa

The African baking soda market rose rapidly to $X in 2022, surging by X% against the previous year. The total consumption indicated a buoyant 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 2019 indices. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Baking Soda Production in Africa

In value terms, baking soda production reached $X in 2022 estimated in export price. In general, production, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Baking Soda Exports

Exports in Africa

In 2022, exports of baking soda in Africa rose remarkably to X tons, surging by X% against the year before. In general, exports, however, showed a deep setback. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, baking soda exports soared to $X in 2022. Overall, exports, however, showed a deep contraction. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, South Africa (X tons) and Egypt (X tons) were the key exporters of baking soda in Africa, together generating X% of total exports. Swaziland (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Namibia (X%). The following exporters - Kenya (X tons), Tunisia (X tons) and Tanzania (X tons) - together made up X% of total exports.

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

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

Tunisia, 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, increasing by X% against the previous year. Over the period under review, the export price, however, recorded a perceptible downturn. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Swaziland ($X per ton), while Namibia ($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 mixed trends in the export price figures.

Baking Soda Imports

Imports in Africa

In 2022, the amount of baking soda imported in Africa surged to X tons, increasing by X% against 2021 figures. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, baking soda imports soared to $X in 2022. Overall, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, South Africa (X tons), distantly followed by Egypt (X tons), Morocco (X tons), Nigeria (X tons), Algeria (X tons), Libya (X tons) and Tunisia (X tons) were the key importers of baking soda, together generating X% of total imports. Kenya (X tons), Democratic Republic of the Congo (X tons), Namibia (X tons) and Tanzania (X tons) followed a long way behind the leaders.

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

In value terms, the largest baking soda importing markets in Africa were South Africa ($X), Nigeria ($X) and Egypt ($X), together accounting for X% of total imports. Morocco, Algeria, Kenya, Tunisia, Libya, Namibia, Democratic Republic of the Congo and Tanzania lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Democratic Republic of the Congo, with a CAGR of X%, recorded 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, increasing by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Nigeria ($X per ton), while Democratic Republic of the Congo ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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