Africa: Thiosulphates Market 2024

Thiosulphates Market Size in Africa

The African thiosulphates market fell notably to $X in 2022, with a decrease of X% against the previous year. Overall, consumption showed a remarkable increase. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Thiosulphates Production in Africa

In value terms, thiosulphates production soared to $X in 2022 estimated in export price. Overall, production continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Thiosulphates Exports

Exports in Africa

In 2022, thiosulphates exports in Africa reduced modestly to X tons, shrinking by X% against the previous year's figure. In general, exports recorded a perceptible slump. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, thiosulphates exports reduced remarkably to $X in 2022. Over the period under review, exports recorded a deep contraction. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Egypt dominates exports structure, accounting for X tons, which was near X% of total exports in 2022. It was distantly followed by South Africa (X tons), mixing up a X% share of total exports. Angola (X tons) followed a long way behind the leaders.

Egypt was also the fastest-growing in terms of the thiosulphates exports, with a CAGR of X% from 2012 to 2022. Angola (X%) and South Africa (X%) illustrated a downward trend over the same period. Egypt (X p.p.) and Angola (X p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by X% from 2012 to 2022, respectively.

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

In Egypt, thiosulphates exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: South Africa (X% per year) and Angola (X% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the export price recorded a noticeable contraction. The growth pace was the most rapid in 2014 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2015 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 ($X per ton), while Egypt ($X per ton) was amongst the lowest.

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

Thiosulphates Imports

Imports in Africa

Thiosulphates imports surged to X tons in 2022, growing by X% compared with 2021. Total imports indicated strong growth from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The volume of import peaked in 2022 and is likely to see steady growth in the near future.

In value terms, thiosulphates imports surged to $X in 2022. Total imports indicated a resilient 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, imports increased by X% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Djibouti (X tons) and South Africa (X tons) prevails in imports structure, together creating X% of total imports. Egypt (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Zambia (X%). Tunisia (X tons) held a minor share of total imports.

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

In value terms, the largest thiosulphates importing markets in Africa were South Africa ($X), Zambia ($X) and Djibouti ($X), together comprising X% of total imports.

Among the main importing countries, Djibouti, 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

The import price in Africa stood at $X per ton in 2022, surging by X% against the previous year. In general, the import price, however, recorded a noticeable reduction. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Zambia ($X per ton), while Djibouti ($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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