SADC: Lysine Market 2024

Lysine Market Size in SADC

In 2022, the SADC lysine market increased by X% to $X, rising for the fourth year in a row after four years of decline. Overall, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked in 2022 and is likely to see gradual growth in years to come.

Lysine Production in SADC

In value terms, lysine production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a slight reduction. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Lysine Exports

Exports in SADC

For the third consecutive year, SADC recorded growth in overseas shipments of lysine and its esters, and salts thereof, which increased by X% to X tons in 2022. In general, exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, lysine exports expanded sharply to $X in 2022. Over the period under review, exports showed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Exports by Country

South Africa prevails in exports structure, finishing at X tons, which was near X% of total exports in 2022. It was distantly followed by Mauritius (X tons), generating a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to lysine exports from South Africa stood at X%. At the same time, Mauritius (X%) displayed positive paces of growth. Moreover, Mauritius emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. While the share of Mauritius (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics.

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

From 2012 to 2022, the average annual growth rate of value in South Africa amounted to X%.

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the export price continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Mauritius ($X per ton), while South Africa totaled $X per ton.

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

Lysine Imports

Imports in SADC

In 2022, supplies from abroad of lysine and its esters, and salts thereof increased by X% to X tons, rising for the fifth year in a row after three years of decline. Total imports indicated a prominent expansion 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 2017 indices. The growth pace was the most rapid in 2021 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 immediate term.

In value terms, lysine imports expanded notably to $X in 2022. Total imports indicated a slight 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, imports increased by X% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

South Africa prevails in imports structure, recording X tons, which was approx. X% of total imports in 2022. Zambia (X tons), Zimbabwe (X tons) and Mauritius (X tons) followed a long way behind the leaders.

Imports into South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Zimbabwe (X%), Zambia (X%) and Mauritius (X%) displayed positive paces of growth. Moreover, Zimbabwe emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Zimbabwe increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported lysine and its esters, and salts thereof in SADC, comprising X% of total imports. The second position in the ranking was held by Zimbabwe ($X), with a X% share of total imports. It was followed by Zambia, with a X% share.

In South Africa, lysine imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Zimbabwe (X% per year) and Zambia (X% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price, however, recorded a noticeable decline. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Zimbabwe ($X per ton), while South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zimbabwe (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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