Africa: Lead Market 2024

Lead Market Size in Africa

In 2022, the African lead market was finally on the rise to reach $X after four years of decline. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Lead Production in Africa

In value terms, lead production shrank modestly to $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 indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

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Lead Exports

Exports in Africa

In 2022, exports of lead in Africa fell to X tons, reducing by X% on 2021 figures. In general, exports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons, and then contracted in the following year.

In value terms, lead exports declined to $X in 2022. Over the period under review, exports, however, posted a tangible expansion. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then declined in the following year.

Exports by Country

Nigeria represented the key exporting country with an export of around X tons, which amounted to X% of total exports. Ghana (X tons) held the second position in the ranking, followed by South Africa (X tons), Tanzania (X tons), Sudan (X tons) and Zambia (X tons). All these countries together held near X% share of total exports. Senegal (X tons) took a little share of total exports.

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

In value terms, Nigeria ($X) remains the largest lead supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by South Africa ($X), with a X% share of total exports. It was followed by Ghana, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Nigeria amounted to X%. In the other countries, the average annual rates were as follows: South Africa (X% per year) and Ghana (X% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, picking up by X% against the previous year. In general, the export price, however, recorded a mild setback. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in South Africa ($X per ton) and Tanzania ($X per ton), while Nigeria ($X per ton) and Sudan ($X per ton) were amongst the lowest.

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

Lead Imports

Imports in Africa

Lead imports expanded remarkably to X tons in 2022, with an increase of X% against 2021 figures. In general, imports, however, recorded a noticeable setback. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, lead imports surged to $X in 2022. Overall, imports, however, continue to indicate a pronounced contraction. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

South Africa (X tons) and Egypt (X tons) represented roughly X% of total imports in 2022. Botswana (X tons) held the next position in the ranking, followed by Algeria (X tons) and Tunisia (X tons). All these countries together took near X% share of total imports. Kenya (X tons) and Democratic Republic of the Congo (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 Democratic Republic of the Congo (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest lead importing markets in Africa were South Africa ($X), Egypt ($X) and Botswana ($X), together accounting for X% of total imports. Algeria, Tunisia, Kenya and Democratic Republic of the Congo lagged somewhat behind, together comprising a further X%.

Democratic Republic of the Congo, 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, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Democratic Republic of the Congo ($X per ton) and Kenya ($X per ton), while Egypt ($X per ton) and South Africa ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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