Africa: Worked Slate Market 2024

Worked Slate Market Size in Africa

The African worked slate market surged to $X in 2022, growing by X% against the previous year. The total consumption indicated a resilient expansion 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, consumption increased by X% against 2014 indices. The level of consumption peaked in 2022 and is likely to see steady growth in the immediate term.

Worked Slate Production in Africa

In value terms, worked slate production rose to $X in 2022 estimated in export price. The total production indicated tangible growth 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, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Worked Slate Exports

Exports in Africa

In 2022, the amount of worked slate exported in Africa contracted dramatically to X tons, shrinking by X% on the year before. In general, exports showed a abrupt decrease. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, worked slate exports dropped remarkably to $X in 2022. Overall, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, South Africa (X tons) represented the major exporter of worked slate, comprising X% of total exports. It was distantly followed by Benin (X tons), generating a X% share of total exports.

Exports from South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Benin (X%) displayed positive paces of growth. Moreover, Benin emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. South Africa (X p.p.) and Benin (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In South Africa, worked slate exports decreased by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, the export price saw a pronounced descent. The pace of growth appeared the most rapid in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2012; however, from 2013 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 South Africa ($X per ton), while Benin amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Worked Slate Imports

Imports in Africa

In 2022, the amount of worked slate imported in Africa reduced modestly to X tons, remaining relatively unchanged against the year before. Overall, imports recorded a slight reduction. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, worked slate imports stood at $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Senegal (X tons), distantly followed by Mauritius (X tons), South Africa (X tons), Morocco (X tons), Algeria (X tons), Sudan (X tons) and Cameroon (X tons) were the main importers of worked slate, together generating X% of total imports. Libya (X tons), Kenya (X tons), Comoros (X tons), Nigeria (X tons), Democratic Republic of the Congo (X tons) and Botswana (X tons) held a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Senegal (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Morocco ($X), South Africa ($X) and Mauritius ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Libya, Algeria, Sudan, Senegal, Cameroon, Comoros, Kenya, Democratic Republic of the Congo, Nigeria and Botswana lagged somewhat behind, together comprising a further X%.

Senegal, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of 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

The import price in Africa stood at $X per ton in 2022, approximately reflecting the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2014 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2020; however, from 2021 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 Libya ($X per ton), while Senegal ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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