Africa: Market for Salts of Inorganic Acids or Peroxoacids (Excluding Azides and Double or Complex Silicates) 2024

Market Size for Salts of Inorganic Acids or Peroxoacids (Excluding Azides and Double or Complex Silicates) in Africa

The African market for salts of inorganic acids or peroxoacids (excluding azides and double or complex silicates) stood at $X in 2022, approximately equating the previous year. Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Production of Salts of Inorganic Acids or Peroxoacids (Excluding Azides and Double or Complex Silicates) in Africa

In value terms, production of salts of inorganic acids or peroxoacids (excluding azides and double or complex silicates) stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. Over the period under review, production of attained the peak level at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Exports of Salts of Inorganic Acids or Peroxoacids (Excluding Azides and Double or Complex Silicates)

Exports in Africa

Exports of salts of inorganic acids or peroxoacids (excluding azides and double or complex silicates) soared to X tons in 2022, growing by X% against 2021. Overall, exports, however, continue to indicate a slight descent. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, exports of salts of inorganic acids or peroxoacids (excluding azides and double or complex silicates) skyrocketed to $X in 2022. In general, exports posted a pronounced increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

South Africa was the key exporter of salts of inorganic acids or peroxoacids (excluding azides and double or complex silicates) in Africa, with the volume of exports reaching X tons, which was near X% of total exports in 2022. It was distantly followed by Namibia (X tons), generating a X% share of total exports. Senegal (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Namibia (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, South Africa ($X) remains the largest salts of inorganic acids or peroxoacids supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Senegal ($X), with a X% share of total exports.

In South Africa, exports of salts of inorganic acids or peroxoacids (excluding azides and double or complex silicates) increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Senegal (X% per year) and Namibia (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. Over the period under review, the export price recorded noticeable growth. The pace of growth appeared the most rapid in 2019 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the export prices remained at a lower figure.

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

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

Imports of Salts of Inorganic Acids or Peroxoacids (Excluding Azides and Double or Complex Silicates)

Imports in Africa

In 2022, purchases abroad of salts of inorganic acids or peroxoacids (excluding azides and double or complex silicates) decreased by X% to X tons, falling for the third year in a row after three years of growth. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports of attained the maximum at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of salts of inorganic acids or peroxoacids (excluding azides and double or complex silicates) declined significantly to $X in 2022. Overall, imports recorded a slight decrease. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports of reached the maximum at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Nigeria (X tons), Rwanda (X tons) and South Africa (X tons) represented roughly X% of total imports in 2022. Tanzania (X tons) held the next position in the ranking, followed by Kenya (X tons). All these countries together took approx. X% share of total imports. Angola (X tons), Egypt (X tons), Morocco (X tons), Ethiopia (X tons) and Ghana (X tons) followed a long way behind the leaders.

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

In value terms, South Africa ($X), Nigeria ($X) and Tanzania ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Egypt, Morocco, Kenya, Angola, Ethiopia, Rwanda and Ghana lagged somewhat behind, together comprising a further X%.

Rwanda, with a CAGR of X%, recorded 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

In 2022, the import price in Africa amounted to $X per ton, picking up by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of import peaked at $X per ton in 2012; afterwards, it flattened through to 2022.

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

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

Source: IndexBox Platform

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