Africa: Market for Mixed Alkylbenzenes, Mixed Alkylnaphthalenes 2024

Market Size for Mixed Alkylbenzenes, Mixed Alkylnaphthalenes in Africa

The African mixed alkylbenzenes, mixed alkylnaphthalenes market surged to $X in 2023, with an increase of X% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2023, the growth of the market remained at a lower figure.

Production of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes in Africa

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes production fell to $X in 2023 estimated in export price. In general, production continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2023, production growth remained at a lower figure.

Exports of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes

Exports in Africa

Mixed alkylbenzenes, mixed alkylnaphthalenes exports declined sharply to X tons in 2023, shrinking by X% against the previous year. In general, exports showed a deep setback. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes exports shrank significantly to $X in 2023. Overall, exports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2022 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from Egypt (X tons), together recording X% of total export.

Egypt was also the fastest-growing in terms of the mixed alkylbenzenes, mixed alkylnaphthalenes exports, with a CAGR of X% from 2012 to 2023. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X) also remains the largest mixed alkylbenzenes, mixed alkylnaphthalenes supplier in Africa.

From 2012 to 2023, the average annual rate of growth in terms of value in Egypt amounted to X%.

Export Prices by Country

The export price in Africa stood at $X per ton in 2023, jumping by X% against the previous year. Export price indicated noticeable growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, mixed alkylbenzenes, mixed alkylnaphthalenes export price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the export price increased by X%. Over the period under review, the export prices attained the maximum in 2023 and is likely to see steady growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Egypt.

From 2012 to 2023, the rate of growth in terms of prices for Egypt amounted to X% per year.

Imports of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes

Imports in Africa

In 2023, purchases abroad of mixed alkylbenzenes, mixed alkylnaphthalenes decreased by X% to X tons, falling for the second year in a row after two years of growth. Total imports indicated slight growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2022 to 2023, the growth of imports failed to regain momentum.

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes imports fell notably to $X in 2023. Over the period under review, imports continue to indicate a mild decrease. The pace of growth was the most pronounced in 2020 with an increase of X%. The level of import peaked at $X in 2021; however, from 2022 to 2023, imports failed to regain momentum.

Imports by Country

South Africa represented the major importer of mixed alkylbenzenes, mixed alkylnaphthalenes in Africa, with the volume of imports amounting to X tons, which was approx. X% of total imports in 2023. Tanzania (X tons) held the second position in the ranking, followed by Morocco (X tons) and Kenya (X tons). All these countries together held approx. X% share of total imports. Algeria (X tons), Nigeria (X tons) and Ethiopia (X tons) held a relatively small share of total imports.

Imports into South Africa increased at an average annual rate of X% from 2012 to 2023. At the same time, Ethiopia (X%) and Tanzania (X%) displayed positive paces of growth. Moreover, Ethiopia emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2023. Morocco and Kenya experienced a relatively flat trend pattern. By contrast, Nigeria (X%) and Algeria (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Tanzania, South Africa and Ethiopia increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported mixed alkylbenzenes, mixed alkylnaphthalenes in Africa, comprising X% of total imports. The second position in the ranking was held by Morocco ($X), with a X% share of total imports. It was followed by Tanzania, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in South Africa was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Morocco (X% per year) and Tanzania (X% per year).

Import Prices by Country

In 2023, the import price in Africa amounted to $X per ton, with a decrease of X% against the previous year. Overall, the import price saw a pronounced shrinkage. The pace of growth was the most pronounced in 2018 when the import price increased by X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in Morocco ($X per ton) and Ethiopia ($X per ton), while Nigeria ($X per ton) and Tanzania ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Ethiopia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform