Africa: Market for 2,2-Oxydiethanol (Diethylene Glycol, Digol) 2024

Market Size for 2,2-Oxydiethanol (Diethylene Glycol, Digol) in Africa

For the third consecutive year, the African diethylene glycol and digol market recorded growth in sales value, which increased by 265% to $X in 2021. Overall, consumption enjoyed a significant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of X-Oxydiethanol (Diethylene Glycol, Digol) in Africa

In value terms, diethylene glycol and digol production totaled $X in 2021 estimated in export price. In general, production saw a mild decline. The most prominent rate of growth was recorded in 2017 with an increase of 17%. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Exports of 2,2-Oxydiethanol (Diethylene Glycol, Digol)

Exports in Africa

In 2021, shipments abroad of X-oxydiethanol (diethylene glycol, digol) increased by 193% to X tons, rising for the second consecutive year after two years of decline. Overall, exports showed a resilient expansion. The pace of growth appeared the most rapid in 2014 with an increase of 8,816%. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, diethylene glycol and digol exports surged to $X in 2021. Over the period under review, exports enjoyed strong growth. The most prominent rate of growth was recorded in 2014 when exports increased by 5,441%. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

In 2021, South Africa (X tons) was the major exporter of X-oxydiethanol (diethylene glycol, digol), constituting 63% of total exports. Senegal (X tons) ranks second in terms of the total exports with a 19% share, followed by Egypt (16%). Kenya (X kg) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to diethylene glycol and digol exports from South Africa stood at +1.9%. At the same time, Kenya (+9.9%) displayed positive paces of growth. Moreover, Kenya emerged as the fastest-growing exporter exported in Africa, with a CAGR of +9.9% from 2012-2021. Senegal experienced a relatively flat trend pattern. By contrast, Egypt (-11.2%) illustrated a downward trend over the same period. Senegal (+19 p.p.) and Egypt (+16 p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by -33% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X), Senegal ($X) and Egypt ($X) constituted the countries with the highest levels of exports in 2021, with a combined 98% share of total exports. These countries were followed by Kenya, which accounted for a further 1.8%.

Kenya, with a CAGR of +10.9%, saw the highest growth rate of the value of exports, in terms of the main exporting countries 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 2021, picking up by 107% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 128% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2012; afterwards, it flattened through to 2021.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Senegal ($X per ton), while Egypt ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kenya (+1.0%), while the other leaders experienced a decline in the export price figures.

Imports of 2,2-Oxydiethanol (Diethylene Glycol, Digol)

Imports in Africa

For the third year in a row, Africa recorded growth in supplies from abroad of X-oxydiethanol (diethylene glycol, digol), which increased by 222% to X tons in 2021. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, diethylene glycol and digol imports surged to $X in 2021. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Egypt prevails in imports structure, reaching X tons, which was approx. 84% of total imports in 2021. It was distantly followed by South Africa (X tons), mixing up a 9.6% share of total imports. Sudan (X tons) followed a long way behind the leaders.

Egypt was also the fastest-growing in terms of the X-oxydiethanol (diethylene glycol, digol) imports, with a CAGR of +66.6% from 2012 to 2021. At the same time, Sudan (+33.6%) and South Africa (+2.3%) displayed positive paces of growth. From 2012 to 2021, the share of Egypt increased by +79 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X) constitutes the largest market for imported X-oxydiethanol (diethylene glycol, digol) in Africa, comprising 86% of total imports. The second position in the ranking was taken by South Africa ($X), with a 7.6% share of total imports.

In Egypt, diethylene glycol and digol imports expanded at an average annual rate of +62.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: South Africa (+1.6% per year) and Sudan (+28.9% per year).

Import Prices by Country

In 2021, the import price in Africa amounted to $X per ton, jumping by 21% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 27% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2021, the country with the highest price was Sudan ($X per ton), while South Africa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (-0.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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