Africa: Acrylic Staple Market 2020

Acrylic Staple Market Size in Africa

The revenue of the acrylic staple market in Africa amounted to $X in 2017, going up by X% against the previous year. The acrylic staple consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015, when it surged by X% against the previous year. Over the period under review, the acrylic staple market attained its peak figure level in 2017, and is expected to retain its growth in the near future.

Acrylic Staple Production in Africa

In 2017, production of acrylic tow and staple in Africa totaled X tons, leveling off at the previous year. The acrylic staple production continues to indicate a deep curtailment. The pace of growth was the most pronounced in 2011, when it surged by X% against the previous year. Over the period under review, the acrylic staple production reached its maximum volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Acrylic Staple Exports in Africa

The exports amounted to X tons in 2017, picking up by X% against the previous year. The acrylic staple exports continue to indicate a remarkable increase. The growth pace was the most rapid in 2013, when exports increased by X% y-o-y. The volume of exports peaked of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, acrylic staple exports totaled $X in 2017. The total exports indicated a prominent increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the acrylic staple exports increased by +X% against 2015 indices. The level of exports peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Acrylic Staple Exports by Country in Africa

South Africa was the key exporter of acrylic tow and staple in Africa, with the volume of exports recording X tons, which was near X% of total exports in 2017. It was distantly followed by Nigeria (X tons), Egypt (X tons) and Mali (X tons), together committing X% share of total exports. Kenya (X tons) held the mild share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Kenya (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X), South Africa ($X) and Egypt ($X) appeared to be the countries with the highest levels of exports in 2017, with a combined X% share of total exports. These countries were followed by Kenya and Mali, which together accounted for a further X%.

In terms of the main exporting countries , Kenya (+X% per year) recorded the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Acrylic Staple Export Prices by Country in Africa

The acrylic staple export price in Africa stood at $X per ton in 2017, jumping by X% against the previous year. The acrylic staple export price continues to indicate a mild decrease. The pace of growth appeared the most rapid in 2015, an increase of X% against the previous year. The level of export price peaked of $X per ton in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Nigeria ($X per ton), while Mali ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Nigeria (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Acrylic Staple Imports in Africa

In 2017, the amount of acrylic tow and staple imported in Africa totaled X tons, picking up by X% against the previous year. The acrylic staple imports continue to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2017, when imports increased by X% year-to-year. The volume of imports peaked of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, acrylic staple imports stood at $X in 2017. The acrylic staple imports continue to indicate a relatively flat trend pattern. Over the period under review, the acrylic staple imports reached its peak figure level of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Acrylic Staple Imports by Country in Africa

In 2017, Egypt (X tons), distantly followed by Morocco (X tons), Nigeria (X tons), South Africa (X tons), Algeria (X tons) and Kenya (X tons) represented the largest importers of acrylic tow and staple, together creating X% of total imports. Angola (X tons), Senegal (X tons), Mozambique (X tons), Tanzania (X tons), Tunisia (X tons) and Uganda (X tons) occupied the mild share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Angola (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X), Nigeria ($X) and Morocco ($X) appeared to be the countries with the highest levels of imports in 2017, with a combined X% share of total imports. These countries were followed by Senegal, South Africa, Angola, Kenya, Algeria, Mozambique, Uganda, Tanzania and Tunisia, which together accounted for a further X%.

Among the main importing countries , Angola (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Acrylic Staple Import Prices by Country in Africa

The acrylic staple import price in Africa stood at $X per ton in 2017, dropping 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 2010, an increase of X% year-to-year. Over the period under review, the import prices for acrylic tow and staple attained its maximum level of $X per ton in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Senegal ($X per ton), while Morocco ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Angola (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform