Africa: Alcohols Market 2021

Alcohols Market Size in Africa

The African alcohols market stood at $X in 2020, leveling off at the previous year. Overall, consumption saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The level of consumption peaked at $X in 2007; however, from 2008 to 2020, consumption stood at a somewhat lower figure.

Alcohols Production in Africa

In value terms, alcohols production declined slightly to $X in 2020 estimated in export prices. In general, production, however, saw a mild downturn. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. Over the period under review, production attained the maximum level at $X in 2007; however, from 2008 to 2020, production failed to regain the momentum.

Production By Country in Africa

The countries with the highest volumes of alcohols production in 2020 were Egypt (X tons), Democratic Republic of the Congo (X tons) and South Africa (X tons), together comprising X% of total production.

From 2007 to 2020, the biggest increases were in Egypt, while alcohols production for the other leaders experienced more modest paces of growth.

Alcohols Exports

Exports in Africa

In 2020, exports of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives in Africa fell markedly to X tons, waning by -X% compared with the year before. Over the period under review, exports recorded a pronounced decrease. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, exports attained the maximum at X tons in 2012; however, from 2013 to 2020, exports remained at a lower figure.

In value terms, alcohols exports contracted sharply to $X in 2020. Overall, exports recorded a noticeable slump. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. Over the period under review, exports attained the peak figure at $X in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

Exports by Country

The shipments of the three major exporters of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives, namely Egypt, Equatorial Guinea and South Africa, represented more than two-thirds of total export. It was distantly followed by Libya (X tons) and Algeria (X tons), together making up a X% share of total exports.

From 2007 to 2020, the biggest increases were in Egypt, while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, South Africa ($X), Egypt ($X) and Equatorial Guinea ($X) constituted the countries with the highest levels of exports in 2020, together accounting for X% of total exports.

Egypt saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The alcohols export price in Africa stood at $X per ton in 2020, declining by -X% against the previous year. Over the period under review, the export price showed a pronounced downturn. The growth pace was the most rapid in 2017 an increase of X% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was South Africa ($X per ton), while Equatorial Guinea ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Algeria, while the other leaders experienced a decline in the export price figures.

Alcohols Imports

Imports in Africa

In 2020, overseas purchases of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives decreased by -X% to X tons, falling for the second consecutive year after three years of growth. Total imports indicated a slight increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. The volume of import peaked at X tons in 2018; however, from 2019 to 2020, imports remained at a lower figure.

In value terms, alcohols imports plummeted to $X in 2020. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. As a result, imports attained the peak of $X. from 2019 to 2020, the growth imports failed to regain the momentum.

Imports by Country

In 2020, South Africa (X tons) and Egypt (X tons) were the key importers of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives in Africa, together comprising X% of total imports. It was distantly followed by Nigeria (X tons), comprising an X% share of total imports. Kenya (X tons), Angola (X tons), Cote d'Ivoire (X tons), Tunisia (X tons), Tanzania (X tons), Morocco (X tons), Ghana (X tons), Democratic Republic of the Congo (X tons) and Zambia (X tons) followed a long way behind the leaders.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Democratic Republic of the Congo, while imports for the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X), South Africa ($X) and Nigeria ($X) constituted the countries with the highest levels of imports in 2020, together accounting for X% of total imports. These countries were followed by Kenya, Cote d'Ivoire, Tunisia, Morocco, Angola, Ghana, Tanzania, Zambia and Democratic Republic of the Congo, which together accounted for a further X terms of the main importing countries, Democratic Republic of the Congo recorded the highest rates of growth with regard to 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 2020, the alcohols import price in Africa amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, the import price, however, saw a mild slump. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The level of import peaked at $X per ton in 2011; however, from 2012 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Morocco ($X per ton), while Angola ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Egypt, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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