Africa: Sulphur Market 2024

Sulphur Market Size in Africa

The African sulphur market expanded sharply to $X in 2022, increasing 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 decreased by X% against 2014 indices. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in years to come.

Sulphur Production in Africa

In value terms, sulphur production plummeted to $X in 2022 estimated in export price. Overall, production showed a prominent expansion. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. As a result, production reached the peak level of $X, and then dropped dramatically in the following year.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Sulphur Exports

Exports in Africa

In 2022, exports of sulphur in Africa dropped slightly to X tons, reducing by X% on 2021 figures. Over the period under review, exports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2018 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, sulphur exports soared to $X in 2022. In general, exports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Zambia (X tons) and South Africa (X tons) represented roughly X% of total exports in 2022. Equatorial Guinea (X tons) ranks next in terms of the total exports with a X% share, followed by Libya (X%). Egypt (X tons) held a relatively small share of total exports.

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

In value terms, South Africa ($X), Zambia ($X) and Equatorial Guinea ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Libya and Egypt lagged somewhat behind, together accounting for a further X%.

Egypt, with a CAGR of X%, recorded the highest growth rate of 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

The export price in Africa stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

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

Sulphur Imports

Imports in Africa

In 2022, the amount of sulphur imported in Africa reduced to X tons, dropping by X% against 2021. The total import volume 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 2016 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2021, and then declined in the following year.

In value terms, sulphur imports surged to $X in 2022. Over the period under review, imports, however, posted strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Morocco prevails in imports structure, accounting for X tons, which was near X% of total imports in 2022. Democratic Republic of the Congo (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by South Africa (X%) and Senegal (X%). The following importers - Tunisia (X tons), Egypt (X tons) and Zambia (X tons) - each resulted at a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to sulphur imports into Morocco stood at X%. At the same time, Democratic Republic of the Congo (X%), Zambia (X%), Senegal (X%) and Egypt (X%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. By contrast, South Africa (X%) and Tunisia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Morocco and Democratic Republic of the Congo increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Morocco ($X) constitutes the largest market for imported sulphur in Africa, comprising X% of total imports. The second position in the ranking was held by Democratic Republic of the Congo ($X), with a X% share of total imports. It was followed by South Africa, with a X% share.

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

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, picking up by X% against the previous year. In general, the import price saw a pronounced expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 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 South Africa (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :