Africa: Unsaturated Monohydric Alcohols Market 2024

Unsaturated Monohydric Alcohols Market Size in Africa

The African unsaturated monohydric alcohols market was estimated at $X in 2023, almost unchanged from the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2014; however, from 2015 to 2023, consumption remained at a lower figure.

Unsaturated Monohydric Alcohols Production in Africa

In value terms, unsaturated monohydric alcohols production totaled $X in 2023 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of production peaked at $X in 2014; however, from 2015 to 2023, production remained at a lower figure.

Unsaturated Monohydric Alcohols Exports

Exports in Africa

In 2023, overseas shipments of unsaturated monohydric alcohols increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, exports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, unsaturated monohydric alcohols exports expanded notably to $X in 2023. Over the period under review, exports showed a notable increase. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

In 2023, Zambia (X tons) represented the main exporter of unsaturated monohydric alcohols, achieving X% of total exports. South Africa (X tons) ranks second in terms of the total exports with a X% share, followed by Swaziland (X%). Kenya (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Zambia (with a CAGR of X.5%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Zambia ($X), Swaziland ($X) and South Africa ($X) constituted the countries with the highest levels of exports in 2023, together comprising X% of total exports.

Among the main exporting countries, Zambia, with a CAGR of X.5%, recorded the highest growth rate of the value of exports, 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 2023, waning by X% against the previous year. Overall, the export price saw a deep setback. The growth pace was the most rapid in 2014 an increase of X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Kenya (X%), while the other leaders experienced mixed trends in the export price figures.

Unsaturated Monohydric Alcohols Imports

Imports in Africa

In 2023, the amount of unsaturated monohydric alcohols imported in Africa surged to X tons, jumping by X% compared with the previous year. Over the period under review, imports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2023, imports remained at a lower figure.

In value terms, unsaturated monohydric alcohols imports skyrocketed to $X in 2023. Total imports indicated prominent growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2023 and are expected to retain growth in years to come.

Imports by Country

Egypt represented the main importer of unsaturated monohydric alcohols in Africa, with the volume of imports amounting to X tons, which was near X% of total imports in 2023. Gabon (X tons) took the second position in the ranking, followed by South Africa (X tons), Zambia (X tons), Tunisia (X tons) and Malawi (X tons). All these countries together held approx. X% share of total imports. Tanzania (X tons) held a minor share of total imports.

From 2012 to 2023, the biggest increases were recorded for Gabon (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest unsaturated monohydric alcohols importing markets in Africa were Egypt ($X), South Africa ($X) and Tunisia ($X), together accounting for X% of total imports. Gabon, Zambia, Malawi and Tanzania lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Malawi, with a CAGR of X%, recorded the highest rates of growth with regard to 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 2023, remaining stable against the previous year. Over the period under review, the import price recorded a mild downturn. The growth pace was the most rapid in 2014 an increase of X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Africa ($X per ton), while Gabon ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Egypt (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform