Africa: Market for Compounds With Other Nitrogen Function (Excluding Isocyanates) 2024

Market Size for Compounds With Other Nitrogen Function (Excluding Isocyanates) in Africa

The African market for compounds with other nitrogen function (excluding isocyanates) reduced to $X in 2022, with a decrease of -6.3% against the previous year. In general, consumption, however, showed a resilient increase. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Production of Compounds With Other Nitrogen Function (Excluding Isocyanates) in Africa

In value terms, compounds with other nitrogen function production fell to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2019 when the production volume increased by 120%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Exports of Compounds With Other Nitrogen Function (Excluding Isocyanates)

Exports in Africa

In 2022, overseas shipments of compounds with other nitrogen function (excluding isocyanates) increased by 4.3% to X tons, rising for the second year in a row after two years of decline. Total exports indicated a noticeable increase from 2012 to 2022: its volume increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +39.5% against 2020 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 58%. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, compounds with other nitrogen function exports skyrocketed to $X in 2022. In general, exports, however, saw a abrupt contraction. The growth pace was the most rapid in 2018 with an increase of 45%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa dominates exports structure, accounting for X tons, which was approx. 87% of total exports in 2022. Kenya (X tons), Uganda (X tons), Egypt (X tons) and Swaziland (X tons) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to compounds with other nitrogen function exports from South Africa stood at +8.4%. At the same time, Kenya (+24.7%) and Uganda (+20.5%) displayed positive paces of growth. Moreover, Kenya emerged as the fastest-growing exporter exported in Africa, with a CAGR of +24.7% from 2012-2022. Egypt experienced a relatively flat trend pattern. By contrast, Swaziland (-19.6%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Africa, Kenya and Uganda increased by +28, +3.4 and +2.2 percentage points, respectively.

In value terms, South Africa ($X) remains the largest compounds with other nitrogen function supplier in Africa, comprising 86% of total exports. The second position in the ranking was held by Swaziland ($X), with a 3.6% share of total exports. It was followed by Kenya, with a 3.1% share.

In South Africa, compounds with other nitrogen function exports expanded at an average annual rate of +10.4% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Swaziland (-31.6% per year) and Kenya (+21.0% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, growing by 18% against the previous year. In general, the export price, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2020 when the export price increased by 40%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+1.8%), while the other leaders experienced a decline in the export price figures.

Imports of Compounds With Other Nitrogen Function (Excluding Isocyanates)

Imports in Africa

In 2022, supplies from abroad of compounds with other nitrogen function (excluding isocyanates) increased by 22% to X tons for the first time since 2017, thus ending a four-year declining trend. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by 169% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, compounds with other nitrogen function imports surged to $X in 2022. In general, imports showed a mild increase. The most prominent rate of growth was recorded in 2017 with an increase of 166%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

South Africa dominates imports structure, resulting at X tons, which was near 53% of total imports in 2022. Nigeria (X tons) ranks second in terms of the total imports with a 9.4% share, followed by Tanzania (8.2%) and Kenya (5.5%). Ethiopia (X tons), Swaziland (X tons), Malawi (X tons), Zambia (X tons) and Zimbabwe (X tons) took a relatively small share of total imports.

Imports into South Africa decreased at an average annual rate of -2.9% from 2012 to 2022. At the same time, Swaziland (+34.8%), Zambia (+24.1%), Malawi (+23.9%), Nigeria (+20.3%), Tanzania (+16.0%) and Kenya (+2.9%) displayed positive paces of growth. Moreover, Swaziland emerged as the fastest-growing importer imported in Africa, with a CAGR of +34.8% from 2012-2022. Ethiopia experienced a relatively flat trend pattern. By contrast, Zimbabwe (-6.7%) illustrated a downward trend over the same period. While the share of Nigeria (+8 p.p.), Tanzania (+6.3 p.p.), Swaziland (+3 p.p.), Malawi (+2.7 p.p.) and Zambia (+1.6 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Zimbabwe (-1.6 p.p.) and South Africa (-17.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported compounds with other nitrogen function (excluding isocyanates) in Africa, comprising 67% of total imports. The second position in the ranking was held by Nigeria ($X), with a 5% share of total imports. It was followed by Tanzania, with a 3.5% share.

In South Africa, compounds with other nitrogen function imports expanded at an average annual rate of +1.3% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Nigeria (+22.9% per year) and Tanzania (+11.7% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, picking up by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2021 an increase of 26% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Africa ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+4.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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