Africa: Activated Carbon Market 2024

Activated Carbon Market Size in Africa

The African activated carbon market reached $X in 2022, picking up by 4.6% against the previous year. The market value increased at an average annual rate of +2.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked in 2022 and is likely to see steady growth in the near future.

Activated Carbon Production in Africa

In value terms, activated carbon production rose slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.4% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2019 with an increase of 20% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Activated Carbon Exports

Exports in Africa

In 2022, overseas shipments of activated carbon decreased by -1.6% to X tons, falling for the second year in a row after two years of growth. Overall, exports, however, recorded a pronounced increase. The growth pace was the most rapid in 2014 with an increase of 156% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, activated carbon exports expanded remarkably to $X in 2022. Over the period under review, exports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2019 with an increase of 66%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.

Exports by Country

South Africa (X tons) and Mozambique (X tons) represented the largest exporters of activated carbon in 2022, accounting for near 36% and 25% of total exports, respectively. It was distantly followed by Namibia (X tons) and Morocco (X tons), together generating a 24% share of total exports. The following exporters - Gabon (X tons), Ghana (X tons) and Zimbabwe (X tons) - together made up 7.4% of total exports.

From 2012 to 2022, the biggest increases were recorded for Morocco (with a CAGR of +128.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Mozambique ($X) and Morocco ($X) constituted the countries with the highest levels of exports in 2022, together comprising 87% of total exports.

Morocco, with a CAGR of +104.7%, saw the highest rates of growth with regard to the value of exports, among 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

In 2022, the export price in Africa amounted to $X per ton, rising by 9.3% against the previous year. In general, the export price showed a mild expansion. The growth pace was the most rapid in 2015 when the export price increased by 110%. Over the period under review, the export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Mozambique ($X per ton), while Namibia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Gabon (+6.1%), while the other leaders experienced more modest paces of growth.

Activated Carbon Imports

Imports in Africa

Activated carbon imports expanded markedly to X tons in 2022, picking up by 11% compared with the previous year's figure. Total imports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +35.4% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 19%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, activated carbon imports soared to $X in 2022. Total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +103.3% against 2015 indices. The growth pace was the most rapid in 2018 with an increase of 19% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, South Africa (X tons), distantly followed by Ghana (X tons), Tanzania (X tons), Zimbabwe (X tons), Burkina Faso (X tons) and Egypt (X tons) represented the key importers of activated carbon, together achieving 68% of total imports. Nigeria (X tons), Morocco (X tons), Cote d'Ivoire (X tons), Guinea (X tons), Senegal (X tons), Cameroon (X tons) and Tunisia (X tons) took a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Tanzania (with a CAGR of +19.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Tanzania ($X) and Ghana ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 50% share of total imports.

In terms of the main importing countries, Tanzania, with a CAGR of +24.8%, recorded the highest growth rate of the value of imports, 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, surging by 4.5% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 18%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Egypt ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+5.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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