Africa: Odoriferous Substance Mixture Market 2024

Odoriferous Substance Mixture Market Size in Africa

In 2022, the African odoriferous substance mixture market decreased by X% to $X for the first time since 2011, thus ending a ten-year rising trend. The total consumption indicated a moderate increase 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. Over the period under review, the market reached the peak level at $X in 2021, and then declined in the following year.

Odoriferous Substance Mixture Production in Africa

In value terms, odoriferous substance mixture production totaled $X in 2022 estimated in export price. The total production indicated a strong 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, production hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Odoriferous Substance Mixture Exports

Exports in Africa

In 2022, approx. X tons of mixtures of odoriferous substances and their preparations were exported in Africa; increasing by X% against 2021 figures. Total exports indicated prominent growth 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, exports increased by X% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, odoriferous substance mixture exports expanded remarkably to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2019; afterwards, it flattened through to 2022.

Exports by Country

Egypt (X tons), Swaziland (X tons) and South Africa (X tons) represented roughly X% of total exports in 2022. The following exporters - Senegal (X tons) and Tanzania (X tons) - each reached a X% share of total exports.

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

In value terms, the largest odoriferous substance mixture supplying countries in Africa were Swaziland ($X), Egypt ($X) and South Africa ($X), together comprising X% of total exports. Senegal and Tanzania lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Tanzania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the export price saw a noticeable contraction. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 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 Swaziland ($X per ton), while Tanzania ($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 a decline in the export price figures.

Odoriferous Substance Mixture Imports

Imports in Africa

In 2022, after four years of growth, there was significant decline in overseas purchases of mixtures of odoriferous substances and their preparations, when their volume decreased by X% to X tons. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2021, and then reduced in the following year.

In value terms, odoriferous substance mixture imports reduced to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The level of import peaked at $X in 2021, and then reduced in the following year.

Imports by Country

The countries with the highest levels of odoriferous substance mixture imports in 2022 were Algeria (X tons), Nigeria (X tons) and South Africa (X tons), together resulting at X% of total import. Ghana (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Tanzania (X%). The following importers - Cameroon (X tons), Morocco (X tons), Egypt (X tons), Zambia (X tons), Uganda (X tons), Angola (X tons), Kenya (X tons) and Cote d'Ivoire (X tons) - together made up X% of total imports.

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

In value terms, the largest odoriferous substance mixture importing markets in Africa were South Africa ($X), Algeria ($X) and Nigeria ($X), together accounting for X% of total imports. Egypt, Kenya, Tanzania, Morocco, Ghana, Cote d'Ivoire, Uganda, Angola, Cameroon and Zambia lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Zambia, with a CAGR of X%, recorded 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, remaining constant against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 South Africa ($X per ton), while Cameroon ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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