Africa: Market for Acid And Mordant Dyes And Preparations Based Thereon 2024

Market Size for Acid And Mordant Dyes And Preparations Based Thereon in Africa

The African acid and mordant dye market expanded significantly to $X in 2021, with an increase of 14% against the previous year. The market value increased at an average annual rate of +1.3% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Production of Acid And Mordant Dyes And Preparations Based Thereon in Africa

In value terms, acid and mordant dye production rose significantly to $X in 2021 estimated in export price. The total production indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +2.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -8.2% against 2019 indices. The pace of growth appeared the most rapid in 2019 when the production volume increased by 31%. As a result, production reached the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Exports of Acid And Mordant Dyes And Preparations Based Thereon

Exports in Africa

In 2021, overseas shipments of acid and mordant dyes and preparations based thereon were finally on the rise to reach X tons after four years of decline. In general, exports, however, showed a abrupt descent. Over the period under review, the exports reached the peak figure at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, acid and mordant dye exports rose rapidly to $X in 2021. Over the period under review, exports, however, recorded a abrupt decline. The growth pace was the most rapid in 2014 with an increase of 28%. The level of export peaked at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Morocco represented the main exporting country with an export of around X tons, which recorded 73% of total exports. It was distantly followed by South Africa (X tons), making up a 20% share of total exports. Congo (X tons) held a minor share of total exports.

Morocco experienced a relatively flat trend pattern with regard to volume of exports of acid and mordant dyes and preparations based thereon. Congo experienced a relatively flat trend pattern. South Africa (-20.6%) illustrated a downward trend over the same period. Morocco (+43 p.p.) and Congo (+3.3 p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by -43.6% from 2012 to 2021, respectively.

In value terms, Morocco ($X) remains the largest acid and mordant dye supplier in Africa, comprising 74% of total exports. The second position in the ranking was taken by South Africa ($X), with a 21% share of total exports.

In Morocco, acid and mordant dye exports expanded at an average annual rate of +1.3% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: South Africa (-14.5% per year) and Congo (0.0% per year).

Export Prices by Country

In 2021, the export price in Africa amounted to $X per ton, waning by -5.3% against the previous year. Export price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, acid and mordant dye export price decreased by -13.5% against 2018 indices. The pace of growth appeared the most rapid in 2017 an increase of 31%. The level of export peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, among the top suppliers, the country with the highest price was South Africa ($X per ton), while Congo ($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 (+7.7%).

Imports of Acid And Mordant Dyes And Preparations Based Thereon

Imports in Africa

In 2021, supplies from abroad of acid and mordant dyes and preparations based thereon was finally on the rise to reach X tons after two years of decline. Over the period under review, imports, however, saw a perceptible descent. The growth pace was the most rapid in 2013 with an increase of 49%. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, acid and mordant dye imports soared to $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Nigeria (X tons) and South Africa (X tons) were the main importers of acid and mordant dyes and preparations based thereon in Africa, together finishing at approx. 47% of total imports. Egypt (X tons) held the next position in the ranking, followed by Morocco (X tons) and Ethiopia (X tons). All these countries together held near 24% share of total imports. Tunisia (X tons), Ghana (X tons), Djibouti (X tons), Algeria (X tons), Cameroon (X tons), Kenya (X tons) and Tanzania (X tons) took a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Tanzania (with a CAGR of +18.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Egypt ($X) and Nigeria ($X) constituted the countries with the highest levels of imports in 2021, with a combined 55% share of total imports. Morocco, Algeria, Cameroon, Tunisia, Ethiopia, Djibouti, Kenya, Ghana and Tanzania lagged somewhat behind, together comprising a further 34%.

Tanzania, with a CAGR of +22.7%, recorded the highest rates of growth with regard to 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 2021, the import price in Africa amounted to $X per ton, rising by 28% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, among the top importers, the country with the highest price was Algeria ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+6.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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