Africa: Fluorescent Brightening Agents Market 2024

Fluorescent Brightening Agents Market Size in Africa

In 2022, the African fluorescent brightening agents market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Fluorescent Brightening Agents Production in Africa

In value terms, fluorescent brightening agents production stood at $X in 2022 estimated in export price. Overall, production, however, showed a temperate expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Fluorescent Brightening Agents Exports

Exports in Africa

In 2022, after two years of growth, there was significant decline in overseas shipments of synthetic organic products used as fluorescent brightening agents, when their volume decreased by X% to X tons. Overall, exports, however, posted noticeable growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, fluorescent brightening agents exports contracted sharply to $X in 2022. Over the period under review, exports, however, showed a pronounced increase. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

South Africa dominates exports structure, recording X tons, which was approx. X% of total exports in 2022. Swaziland (X tons) held the second position in the ranking, followed by Egypt (X tons) and Zambia (X tons). All these countries together held near X% share of total exports. Mali (X tons) and Mauritius (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to fluorescent brightening agents exports from South Africa stood at X%. At the same time, Egypt (X%), Mauritius (X%) and Mali (X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Swaziland (X%) and Zambia (X%) illustrated a downward trend over the same period. While the share of South Africa (X p.p.), Egypt (X p.p.) and Zambia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Swaziland (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest fluorescent brightening agents supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Swaziland ($X), with a X% share of total exports. It was followed by Egypt, with a X% share.

From 2012 to 2022, the average annual growth rate of value in South Africa amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Swaziland (X% per year) and Egypt (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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

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

Fluorescent Brightening Agents Imports

Imports in Africa

In 2022, fluorescent brightening agents imports in Africa declined to X tons, falling by X% compared with the year before. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, fluorescent brightening agents imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 with an increase of X%. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

South Africa was the main importing country with an import of about X tons, which resulted at X% of total imports. Nigeria (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Egypt (X%), Ethiopia (X%), Djibouti (X%) and Algeria (X%). Angola (X tons) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to fluorescent brightening agents imports into South Africa stood at X%. At the same time, Djibouti (X%), Angola (X%), Ethiopia (X%), Algeria (X%) and Nigeria (X%) displayed positive paces of growth. Moreover, Djibouti emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. By contrast, Egypt (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Ethiopia, Djibouti, Nigeria, Angola and Algeria increased by X, X, X, X and X percentage points, respectively.

In value terms, the largest fluorescent brightening agents importing markets in Africa were South Africa ($X), Nigeria ($X) and Egypt ($X), together accounting for X% of total imports. Algeria, Ethiopia, Djibouti and Angola lagged somewhat behind, together comprising a further X%.

Djibouti, with a CAGR of X%, saw 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, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The level of import peaked at $X per ton in 2019; however, from 2020 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 Egypt ($X per ton), while Angola ($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