Africa: Bentonite Market 2021

Bentonite Market Size in Africa

The African bentonite market reached $X in 2019, surging by X% against the previous year. Over the period under review, consumption posted a buoyant expansion. The pace of growth was the most pronounced in 2011 when the market value increased by X% y-o-y. Over the period under review, the market reached the peak level in 2019 and is likely to continue growth in the near future.

Bentonite Production in Africa

In value terms, bentonite production rose significantly to $X in 2019 estimated in export prices. Over the period under review, production enjoyed a strong expansion. The pace of growth was the most pronounced in 2011 when the production volume increased by X% year-to-year. The level of production peaked at $X in 2017; however, from 2018 to 2019, production remained at a lower figure.

Production By Country in Africa

The countries with the highest volumes of bentonite production in 2019 were Morocco (X tons), South Africa (X tons) and Mozambique (X tons), together comprising X% of total production.

From 2007 to 2019, the biggest increases were in Mozambique, while bentonite production for the other leaders experienced more modest paces of growth.

Bentonite Exports

Exports in Africa

In 2019, the amount of bentonite exported in Africa surged to X tons, with an increase of X% compared with the previous year's figure. In general, exports, however, recorded a abrupt shrinkage. Over the period under review, exports hit record highs at X tons in 2008; however, from 2009 to 2019, exports remained at a lower figure.

In value terms, bentonite exports soared to $X in 2019. Over the period under review, exports, however, posted a modest increase. The growth pace was the most rapid in 2012 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. From 2013 to 2019, the growth exports remained at a lower figure.

Exports by Country

Egypt represented the main exporter of bentonite in Africa, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2019. South Africa (X tons) took the second position in the ranking, distantly followed by Morocco (X tons) and Mozambique (X tons). All these countries together held near X% share of total exports. Algeria (X tons) took a relatively small share of total exports.

From 2007 to 2019, average annual rates of growth with regard to bentonite exports from Egypt stood at +X%. At the same time, Mozambique (+X%) and South Africa (+X%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing exporter exported in Africa, with a CAGR of +X% from 2007-2019. By contrast, Algeria (-X%) and Morocco (-X%) illustrated a downward trend over the same period. While the share of Egypt (+X p.p.), South Africa (+X p.p.) and Mozambique (+X p.p.) increased significantly in terms of the total exports from 2007-2019, the share of Morocco (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X) remains the largest bentonite supplier in Africa, comprising X% of total exports. The second position in the ranking was occupied by South Africa ($X), with a X% share of total exports. It was followed by Mozambique, with a X% share.

In Egypt, bentonite exports increased at an average annual rate of +X% over the period from 2007-2019. The remaining exporting countries recorded the following average annual rates of exports growth: South Africa (+X% per year) and Mozambique (+X% per year).

Export Prices by Country

The bentonite export price in Africa stood at $X per ton in 2019, declining by -X% against the previous year. In general, the export price, however, showed a strong increase. The growth pace was the most rapid in 2015 when the export price increased by X% year-to-year. Over the period under review, export prices reached the peak figure at $X per ton in 2018, and then contracted in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was South Africa ($X per ton), while Algeria ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Morocco, while the other leaders experienced more modest paces of growth.

Bentonite Imports

Imports in Africa

In 2019, bentonite imports in Africa reduced to X tons, which is down by -X% against the previous year's figure. Overall, imports, however, posted a buoyant increase. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. The volume of import peaked at X tons in 2018, and then reduced in the following year.

In value terms, bentonite imports expanded slightly to $X in 2019. Total imports indicated a strong increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Over the period under review, imports attained the maximum in 2019 and are likely to see steady growth in years to come.

Imports by Country

South Africa was the key importer of bentonite in Africa, with the volume of imports finishing at X tons, which was near X% of total imports in 2019. It was distantly followed by Egypt (X tons), committing a X% share of total imports. Tunisia (X tons), Morocco (X tons), Sudan (X tons), Nigeria (X tons), Algeria (X tons) and Kenya (X tons) took a relatively small share of total imports.

From 2007 to 2019, average annual rates of growth with regard to bentonite imports into South Africa stood at +X%. At the same time, Egypt (+X%), Kenya (+X%), Nigeria (+X%), Tunisia (+X%), Morocco (+X%) and Algeria (+X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing importer imported in Africa, with a CAGR of +X% from 2007-2019. By contrast, Sudan (-X%) illustrated a downward trend over the same period. South Africa (+X p.p.) and Egypt (+X p.p.) significantly strengthened its position in terms of the total imports, while Morocco and Sudan saw its share reduced by -X% and -X% from 2007 to 2019, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X), Egypt ($X) and Tunisia ($X) were the countries with the highest levels of imports in 2019, with a combined X% share of total imports.

Egypt 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 2019, the bentonite import price in Africa amounted to $X per ton, rising by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Kenya ($X per ton), while Sudan ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Kenya, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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