Africa: Asphalted Paper Market 2024

Asphalted Paper Market Size in Africa

The African asphalted paper market totaled $X in 2022, increasing by X% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Asphalted Paper Production in Africa

In value terms, asphalted paper production shrank to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Asphalted Paper Exports

Exports in Africa

Asphalted paper exports fell rapidly to X tons in 2022, waning by X% on the previous year. Over the period under review, exports showed a slight shrinkage. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, asphalted paper exports declined markedly to $X in 2022. In general, exports saw a deep slump. The pace of growth appeared the most rapid in 2020 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Cote d'Ivoire represented the main exporter of tarred, bituminised or asphalted paper and paperboard in Africa, with the volume of exports finishing at X tons, which was approx. X% of total exports in 2022. South Africa (X tons) ranks second in terms of the total exports with a X% share, followed by Egypt (X%). Algeria (X tons) held a relatively small share of total exports.

Cote d'Ivoire was also the fastest-growing in terms of the tarred, bituminised or asphalted paper and paperboard exports, with a CAGR of X% from 2012 to 2022. Egypt (X%), South Africa (X%) and Algeria (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Cote d'Ivoire and Algeria increased by X and X percentage points, respectively.

In value terms, South Africa ($X) emerged as the largest asphalted paper supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Cote d'Ivoire ($X), with a X% share of total exports. It was followed by Egypt, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa amounted to X%. In the other countries, the average annual rates were as follows: Cote d'Ivoire (X% per year) and Egypt (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, dropping by X% against the previous year. In general, the export price recorded a abrupt descent. The pace of growth appeared the most rapid in 2015 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Algeria ($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 a decline in the export price figures.

Asphalted Paper Imports

Imports in Africa

In 2022, supplies from abroad of tarred, bituminised or asphalted paper and paperboard was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a perceptible contraction. The growth pace was the most rapid in 2014 when imports increased by X%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, asphalted paper imports surged to $X in 2022. Overall, imports, however, recorded a mild descent. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Egypt (X tons) was the main importer of tarred, bituminised or asphalted paper and paperboard, making up X% of total imports. It was distantly followed by South Africa (X tons), achieving an X% share of total imports. Zambia (X tons) took a minor share of total imports.

Egypt was also the fastest-growing in terms of the tarred, bituminised or asphalted paper and paperboard imports, with a CAGR of X% from 2012 to 2022. Zambia (X%) and South Africa (X%) illustrated a downward trend over the same period. While the share of Egypt (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X) constitutes the largest market for imported tarred, bituminised or asphalted paper and paperboard in Africa, comprising X% of total imports. The second position in the ranking was held by South Africa ($X), with an X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Egypt totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: South Africa (X% per year) and Zambia (X% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2015 an increase of X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

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 Zambia ($X per ton), while South Africa ($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.

Source: IndexBox Platform

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