Africa: Sodium Triphosphate Market 2024

Sodium Triphosphate Market Size in Africa

The African sodium triphosphate market contracted sharply to $X in 2022, declining by X% against the previous year. Overall, consumption saw a abrupt contraction. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Sodium Triphosphate Production in Africa

In value terms, sodium triphosphate production dropped dramatically to $X in 2022 estimated in export price. Overall, production recorded a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Sodium Triphosphate Exports

Exports in Africa

In 2022, the amount of sodium triphosphate (sodium tripolyphosphates) exported in Africa declined markedly to X tons, falling by X% against 2021. In general, exports showed a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, sodium triphosphate exports expanded significantly to $X in 2022. Overall, exports recorded a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Tunisia dominates exports structure, accounting for X tons, which was near X% of total exports in 2022. Senegal (X tons) and South Africa (X tons) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to sodium triphosphate exports from Tunisia stood at X%. At the same time, Senegal (X%) displayed positive paces of growth. Moreover, Senegal emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. South Africa experienced a relatively flat trend pattern. While the share of Senegal (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Tunisia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Tunisia ($X) remains the largest sodium triphosphate supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Senegal ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Tunisia stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Senegal (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, surging by X% against the previous year. Export price indicated a measured increase from 2012 to 2022: its price 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, sodium triphosphate export price increased by X% against 2017 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Senegal ($X per ton) was amongst the lowest.

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

Sodium Triphosphate Imports

Imports in Africa

In 2022, imports of sodium triphosphate (sodium tripolyphosphates) in Africa dropped remarkably to X tons, shrinking by X% against the previous year's figure. In general, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, sodium triphosphate imports declined to $X in 2022. Overall, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The purchases of the six major importers of sodium triphosphate (sodium tripolyphosphates), namely Egypt, Angola, Morocco, South Africa, Zambia and Tanzania, represented more than two-thirds of total import. Algeria (X tons), Democratic Republic of the Congo (X tons), Somalia (X tons), Cameroon (X tons), Kenya (X tons), Guinea (X tons) and Zimbabwe (X tons) took a little share of total imports.

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

In value terms, Egypt ($X), Zambia ($X) and South Africa ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Morocco, Angola, Tanzania, Algeria, Zimbabwe, Guinea, Kenya, Cameroon, Democratic Republic of the Congo and Somalia lagged somewhat behind, together accounting for a further X%.

Guinea, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries 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 period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Egypt ($X per ton), while Democratic Republic of the Congo ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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