Africa: Anti-Freezing Preparations Market 2024

Anti-Freezing Preparations Market Size in Africa

In 2021, after two years of growth, there was decline in the African anti-freezing preparations market, when its value decreased by -3.6% to $X. The market value increased at an average annual rate of +3.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2020, and then declined modestly in the following year.

Anti-Freezing Preparations Production in Africa

In value terms, anti-freezing preparations production dropped to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the production volume increased by 29% against the previous year. The level of production peaked at $X in 2020, and then declined in the following year.

Anti-Freezing Preparations Exports

Exports in Africa

In 2021, anti-freezing preparations exports in Africa soared to X tons, increasing by 21% on 2020 figures. Overall, exports enjoyed a buoyant increase. The growth pace was the most rapid in 2014 with an increase of 37%. The volume of export peaked in 2021 and is expected to retain growth in years to come.

In value terms, anti-freezing preparations exports soared to $X in 2021. Total exports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +7.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, South Africa (X tons) represented the major exporter of anti-freezing preparations and prepared de-icing fluids, generating 70% of total exports. It was distantly followed by Morocco (X tons), comprising a 25% share of total exports.

Exports from South Africa increased at an average annual rate of +6.1% from 2012 to 2021. At the same time, Morocco (+125.7%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing exporter exported in Africa, with a CAGR of +125.7% from 2012-2021. While the share of Morocco (+25 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of South Africa (-22.1 p.p.) displayed negative dynamics.

In value terms, South Africa ($X) remains the largest anti-freezing preparations supplier in Africa, comprising 80% of total exports. The second position in the ranking was held by Morocco ($X), with a 15% share of total exports.

From 2012 to 2021, the average annual growth rate of value in South Africa stood at +5.3%.

Export Prices by Country

In 2021, the export price in Africa amounted to $X per ton, rising by 9.2% against the previous year. Over the period under review, the export price, however, recorded a mild reduction. The pace of growth was the most pronounced in 2017 when the export price increased by 16% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was South Africa ($X per ton), while Morocco amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (-0.8%).

Anti-Freezing Preparations Imports

Imports in Africa

In 2021, imports of anti-freezing preparations and prepared de-icing fluids in Africa skyrocketed to X tons, increasing by 22% on 2020 figures. The total import volume increased at an average annual rate of +4.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, anti-freezing preparations imports surged to $X in 2021. The total import value increased at an average annual rate of +2.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Algeria (X tons), distantly followed by South Africa (X tons), Morocco (X tons) and Libya (X tons) were the key importers of anti-freezing preparations and prepared de-icing fluids, together comprising 63% of total imports. Ghana (X tons), Cote d'Ivoire (X tons), Egypt (X tons), Nigeria (X tons), Mozambique (X tons), Kenya (X tons), Zambia (X tons) and Cameroon (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Cote d'Ivoire (with a CAGR of +22.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Algeria ($X) and Morocco ($X) constituted the countries with the highest levels of imports in 2021, with a combined 46% share of total imports. Libya, Ghana, Nigeria, Cote d'Ivoire, Egypt, Zambia, Mozambique, Kenya and Cameroon lagged somewhat behind, together comprising a further 27%.

Cote d'Ivoire, with a CAGR of +17.3%, saw the highest growth rate of the value of imports, among 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

The import price in Africa stood at $X per ton in 2021, growing by 6.7% against the previous year. Over the period under review, the import price, however, continues to indicate a mild curtailment. Over the period under review, import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Zambia ($X per ton), while Algeria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Libya (+4.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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