Africa: Saturated Acyclic Hydrocarbons Market 2024

Saturated Acyclic Hydrocarbons Market Size in Africa

The African saturated acyclic hydrocarbons market fell modestly to $X in 2022, dropping by X% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the market value increased by X%. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Saturated Acyclic Hydrocarbons Production in Africa

In value terms, saturated acyclic hydrocarbons production reduced to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Saturated Acyclic Hydrocarbons Exports

Exports in Africa

In 2022, after two years of growth, there was significant decline in shipments abroad of saturated acyclic hydrocarbons, when their volume decreased by X% to X tons. Over the period under review, exports faced a deep reduction. 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 stood at a somewhat lower figure.

In value terms, saturated acyclic hydrocarbons exports stood at $X in 2022. In general, exports recorded a abrupt decline. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Africa prevails in exports structure, accounting for X tons, which was near X% of total exports in 2022. Cameroon (X tons) and Swaziland (X tons) followed a long way behind the leaders.

Exports from South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Cameroon (X%) and Swaziland (X%) displayed positive paces of growth. Moreover, Cameroon emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of South Africa, Cameroon and Swaziland increased by X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In South Africa, saturated acyclic hydrocarbons exports contracted by 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: Swaziland (X% per year) and Cameroon (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price continues to indicate moderate growth. The most prominent rate of growth was recorded in 2018 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

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

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

Saturated Acyclic Hydrocarbons Imports

Imports in Africa

In 2022, saturated acyclic hydrocarbons imports in Africa dropped modestly to X tons, approximately mirroring 2021. Over the period under review, imports, however, posted a resilient expansion. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, saturated acyclic hydrocarbons imports skyrocketed to $X in 2022. In general, imports, however, saw a strong increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, South Africa (X tons), distantly followed by Morocco (X tons), Tunisia (X tons), Nigeria (X tons), Zambia (X tons) and Kenya (X tons) represented the key importers of saturated acyclic hydrocarbons, together mixing up X% of total imports. Algeria (X tons) followed a long way behind the leaders.

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

In value terms, the largest saturated acyclic hydrocarbons importing markets in Africa were South Africa ($X), Morocco ($X) and Tunisia ($X), together accounting for X% of total imports. Nigeria, Zambia, Kenya and Algeria lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Zambia, with a CAGR of X%, saw 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 2022, jumping by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum 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 Zambia ($X per ton), while Algeria ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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