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Africa - Vegetable Waxes - Market Analysis, Forecast, Size, Trends And Insights
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Africa: Vegetable Waxes Market Overview 2021

Vegetable Waxes Market Size in Africa

The African vegetable waxes market reduced to $X in 2019, with a decrease of -X% against the previous year. The total consumption indicated a measured expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2019, consumption stood at a somewhat lower figure.

Vegetable Waxes Production in Africa

In value terms, vegetable waxes production stood at $X in 2019 estimated in export prices. Over the period under review, production saw a strong expansion. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% year-to-year. As a result, production attained the peak level of $X. From 2014 to 2019, production growth remained at a somewhat lower figure.

Production By Country in Africa

The countries with the highest volumes of vegetable waxes production in 2019 were Sudan (X tonnes), Nigeria (X tonnes) and Ghana (X tonnes), together accounting for X% of total production.

From 2007 to 2019, the most notable rate of growth in terms of vegetable waxes production, amongst the leading producing countries, was attained by Ghana (+X% per year), while vegetable waxes production for the other leaders experienced more modest paces of growth.

Vegetable Waxes Exports

Exports in Africa

In 2019, vegetable waxes exports in Africa skyrocketed to X tonnes, rising by X% compared with the previous year. Overall, exports, however, showed a abrupt descent. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, exports reached the maximum at X tonnes in 2012; however, from 2013 to 2019, exports stood at a somewhat lower figure.

In value terms, vegetable waxes exports surged to $X in 2019. In general, exports, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, exports reached the maximum at $X in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

Exports by Country

In 2019, South Africa (X tonnes) and Somalia (X tonnes) were the key exporters of vegetable waxes in Africa, together comprising X% of total exports. It was distantly followed by Kenya (X tonnes) and Egypt (X tonnes), together generating a X% share of total exports. The following exporters - Morocco (X kg) and Ghana (X kg) - together made up X% of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Somalia (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest vegetable waxes supplying countries in Africa were Somalia ($X), South Africa ($X) and Kenya ($X), together accounting for X% of total exports.

Somalia (+X% per year) recorded the highest growth rate of the value of exports, among 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

In 2019, the vegetable waxes export price in Africa amounted to $X per tonne, jumping by X% against the previous year. Over the period under review, the export price recorded a measured expansion. The pace of growth appeared the most rapid in 2013 when the export price increased by X% y-o-y. Over the period under review, export prices reached the peak figure at $X per tonne in 2014; however, from 2015 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Ghana ($X per tonne), while Egypt ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Somalia, while the other leaders experienced more modest paces of growth.

Vegetable Waxes Imports

Imports in Africa

In 2019, the amount of vegetable waxes imported in Africa contracted to X tonnes, with a decrease of -X% compared with the year before. Overall, imports showed a mild decline. The pace of growth was the most pronounced in 2009 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum at X tonnes in 2010; however, from 2011 to 2019, imports remained at a lower figure.

In value terms, vegetable waxes imports reduced to $X in 2019. Total imports indicated slight growth from 2007 to 2019: its value decreased at an average annual rate of -X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X% year-to-year. As a result, imports attained the peak of $X. From 2014 to 2019, the growth imports remained at a lower figure.

Imports by Country

South Africa prevails in vegetable waxes imports structure, finishing at X tonnes, which was near X% of total imports in 2019. Kenya (X tonnes) held a X% share (based on tonnes) of total imports, which put it in second place, followed by Togo (X%), Liberia (X%) and Egypt (X%). Zimbabwe (X tonnes) and Nigeria (X tonnes) held a minor share of total imports.

From 2007 to 2019, average annual rates of growth with regard to vegetable waxes imports into South Africa stood at +X%. At the same time, Togo (+X%), Nigeria (+X%) and Egypt (+X%) displayed positive paces of growth. Moreover, Togo emerged as the fastest-growing importer imported in Africa, with a CAGR of +X% from 2007-2019. Zimbabwe experienced a relatively flat trend pattern. By contrast, Kenya (-X%) and Liberia (-X%) illustrated a downward trend over the same period. South Africa (+X p.p.), Togo (+X p.p.) and Egypt (+X p.p.) significantly strengthened its position in terms of the total imports, while Kenya and Liberia saw its share reduced by -X% and -X% from 2007 to 2019, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported vegetable waxes in Africa, comprising X% of total imports. The second position in the ranking was occupied by Kenya ($X), with a X% share of total imports. It was followed by Egypt, with a X% share.

From 2007 to 2019, the average annual growth rate of value in South Africa totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Kenya (-X% per year) and Egypt (+X% per year).

Import Prices by Country

The vegetable waxes import price in Africa stood at $X per tonne in 2019, reducing by -X% against the previous year. Over the period under review, the import price, however, posted a tangible expansion. The pace of growth appeared the most rapid in 2011 when the import price increased by X% year-to-year. The level of import peaked at $X per tonne in 2015; however, from 2016 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Egypt ($X per tonne), while Togo ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Egypt, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for vegetable waxes in Africa?
+
South Africa (309 tonnes) constituted the country with the largest volume of vegetable waxes consumption, comprising approx. 37% of total volume. Moreover, vegetable waxes consumption in South Africa exceeded the figures recorded by the second-largest consumer, Sudan (154 tonnes), twofold. Nigeria (116 tonnes) ranked third in terms of total consumption with a 14% share.
What are the largest producers of vegetable waxes in Africa?
+
The countries with the highest volumes of vegetable waxes production in 2019 were Sudan (154 tonnes), Nigeria (102 tonnes) and Ghana (27 tonnes), with a combined 83% share of total production.
What are the leading exporters of vegetable waxes in Africa?
+
In value terms, the largest vegetable waxes supplying countries in Africa were Somalia ($53K), South Africa ($50K) and Kenya ($26K), together comprising 79% of total exports.
What are the leading importers of vegetable waxes in Africa?
+
In value terms, South Africa ($1.9M) constitutes the largest market for imported vegetable waxes in Africa, comprising 63% of total imports. The second position in the ranking was occupied by Kenya ($273K), with a 9.2% share of total imports. It was followed by Egypt, with a 8.2% share.
What is the average export price for vegetable waxes in Africa?
+
The vegetable waxes export price in Africa stood at $4,563 per tonne in 2019, jumping by 47% against the previous year.
What is the average import price for vegetable waxes in Africa?
+
In 2019, the vegetable waxes import price in Africa amounted to $5,620 per tonne, waning by -10.6% against the previous year.

Product coverage:
• Prodcom 10417100 - Vegetable waxes (including refined) (excluding triglycerides)

This report provides an in-depth analysis of the vegetable waxes market in Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Benin
• Botswana
• Burkina Faso
• Burundi
• Cabo Verde
• Cameroon
• Central African Republic
• Chad
• Comoros
• Congo
• Cote d'Ivoire
• Democratic Republic of the Congo
• Djibouti
• Equatorial Guinea
• Eritrea
• Ethiopia
• Gabon
• Gambia
• Guinea
• Guinea-Bissau
• Lesotho
• Liberia
• Madagascar
• Malawi
• Mali
• Mauritania
• Mauritius
• Mayotte
• Mozambique
• Namibia
• Niger
• Réunion
• Rwanda
• Saint Helena, Ascension and Tristan da Cunha
• Sao Tome and Principe
• Senegal
• Seychelles
• Sierra Leone
• Somalia
• Swaziland
• Tanzania
• Togo
• Tunisia
• Uganda
• Western Sahara
• Zambia
• Zimbabwe

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Africa, split by region and country
• Trade (exports and imports) in Africa
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Algeria
• Angola
• Benin
• Botswana
• Burkina Faso
• Burundi
• Cabo Verde
• Cameroon
• Central African Republic
• Chad
• Comoros
• Congo
• Democratic Republic of the Congo
• Djibouti
• Egypt
• Equatorial Guinea
• Eritrea
• Ethiopia
• Gabon
• Gambia
• Ghana
• Guinea
• Guinea-Bissau
• Kenya
• Lesotho
• Liberia
• Libya
• Madagascar
• Malawi
• Mali
• Mauritania
• Mauritius
• Mayotte
• Morocco
• Mozambique
• Namibia
• Niger
• Nigeria
• Réunion
• Rwanda
• Saint Helena, Ascension and Tristan da Cunha
• Sao Tome and Principe
• Senegal
• Seychelles
• Sierra Leone
• Somalia
• South Africa
• Sudan
• Swaziland
• Tanzania
• Togo
• Tunisia
• Uganda
• Zambia
• Zimbabwe
• Cote d'Ivoire
• Western Sahara
• South Sudan
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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