Africa: Colloidal Precious Metals Market 2025

Colloidal Precious Metals Market Size in Africa

In 2022, the African colloidal precious metals market increased by X% to $X, rising for the third year in a row after two years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Colloidal Precious Metals Production in Africa

In value terms, colloidal precious metals production stood at $X in 2022 estimated in export price. Overall, production posted prominent growth. The growth pace was the most rapid in 2019 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Colloidal Precious Metals Exports

Exports in Africa

For the fourth year in a row, Africa recorded growth in shipments abroad of colloidal precious metals, compounds and amalgams of precious metals (excluding silver nitrate), which increased by X% to X tons in 2022. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, colloidal precious metals exports amounted to $X in 2022. Over the period under review, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

Exports by Country

In 2022, Ghana (X tons) was the major exporter of colloidal precious metals, compounds and amalgams of precious metals (excluding silver nitrate) in Africa, committing X% of total export.

Ghana was also the fastest-growing in terms of the colloidal precious metals, compounds and amalgams of precious metals (excluding silver nitrate) exports, with a CAGR of X% from 2012 to 2022. Ghana (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ghana ($X) also remains the largest colloidal precious metals supplier in Africa.

From 2012 to 2022, the average annual growth rate of value in Ghana amounted to X%.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per kg, with an increase of X% against the previous year. In general, the export price, however, recorded a dramatic contraction. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per kg. From 2018 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Ghana.

From 2012 to 2022, the rate of growth in terms of prices for Ghana amounted to X% per year.

Colloidal Precious Metals Imports

Imports in Africa

For the third year in a row, Africa recorded growth in overseas purchases of colloidal precious metals, compounds and amalgams of precious metals (excluding silver nitrate), which increased by X% to X tons in 2022. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, colloidal precious metals imports reduced modestly to $X in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by X%. The level of import peaked at $X in 2021, and then dropped in the following year.

Imports by Country

South Africa represented the main importing country with an import of around X tons, which finished at X% of total imports. Mauritania (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Algeria (X%) and Kenya (X%).

Imports into South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Mauritania (X%), Algeria (X%) and Kenya (X%) displayed positive paces of growth. Moreover, Mauritania emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of South Africa, Mauritania, Algeria and Kenya increased by X, X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported colloidal precious metals, compounds and amalgams of precious metals (excluding silver nitrate) in Africa, comprising X% of total imports. The second position in the ranking was held by Algeria ($X), with a X% share of total imports. It was followed by Kenya, with a X% share.

In South Africa, colloidal precious metals imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Algeria (X% per year) and Kenya (X% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per kg, declining by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X%. The level of import peaked at $X per kg in 2021, and then reduced remarkably in the following year.

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 South Africa ($X per kg), while Mauritania ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Algeria (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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