Africa: Market for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid 2024

Market Size for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid in Africa

The African market for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid shrank to $X in 2022, with a decrease of -7.4% against the previous year. The market value increased at an average annual rate of +1.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Production of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid in Africa

In value terms, production of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid soared to $X in 2022 estimated in export price. In general, production recorded buoyant growth. The pace of growth appeared the most rapid in 2017 with an increase of 3,614% against the previous year. Over the period under review, production of reached the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Exports in Africa

In 2022, approx. X tons of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid were exported in Africa; which is down by -6% on the previous year's figure. Overall, exports saw a abrupt contraction. The pace of growth appeared the most rapid in 2013 with an increase of 66%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid totaled $X in 2022. Over the period under review, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2013 with an increase of 63%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Tunisia dominates acid structure, accounting for X tons, which was approx. 71% of total exports in 2022. It was distantly followed by Senegal (X tons), Egypt (X tons), Kenya (X tons) and South Africa (X tons), together creating a 28% share of total exports.

Exports from Tunisia decreased at an average annual rate of -8.6% from 2012 to 2022. At the same time, Kenya (+11.8%), Egypt (+4.4%) and Senegal (+3.1%) displayed positive paces of growth. Moreover, Kenya emerged as the fastest-growing exporter exported in Africa, with a CAGR of +11.8% from 2012-2022. By contrast, South Africa (-13.3%) illustrated a downward trend over the same period. Egypt (+8.3 p.p.), Senegal (+6.2 p.p.) and Kenya (+4.5 p.p.) significantly strengthened its position in terms of the total exports, while South Africa and Tunisia saw its share reduced by -5% and -13.5% from 2012 to 2022, respectively.

In value terms, Tunisia ($X) remains the largest dibutyl and dioctyl orthophthalates other esters of orthophthalic acid supplier in Africa, comprising 71% of total exports. The second position in the ranking was taken by Kenya ($X), with an 8% share of total exports. It was followed by Senegal, with a 7.5% share.

In Tunisia, exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid decreased by an average annual rate of -7.3% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Kenya (+26.9% per year) and Senegal (+0.7% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, surging by 15% against the previous year. Export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid increased by +60.1% against 2017 indices. The most prominent rate of growth was recorded in 2021 when the export price increased by 20% against the previous year. Over the period under review, the export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

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 Kenya ($X per ton), while Senegal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+13.5%), while the other leaders experienced more modest paces of growth.

Imports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Imports in Africa

In 2022, supplies from abroad of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid decreased by -11.3% to X tons, falling for the third year in a row after two years of growth. Total imports indicated modest growth from 2012 to 2022: its volume increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -41.1% against 2019 indices. The most prominent rate of growth was recorded in 2019 when imports increased by 25% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid shrank to $X in 2022. The total import value increased at an average annual rate of +1.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 with an increase of 18%. The level of import peaked at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, Egypt (X tons), distantly followed by Kenya (X tons), Nigeria (X tons), Morocco (X tons), Algeria (X tons), Cote d'Ivoire (X tons) and Ethiopia (X tons) represented the main importers of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid, together mixing up 87% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Egypt (with a CAGR of +9.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X) constitutes the largest market for imported dibutyl and dioctyl orthophthalates other esters of orthophthalic acid in Africa, comprising 31% of total imports. The second position in the ranking was taken by Morocco ($X), with a 14% share of total imports. It was followed by Nigeria, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Egypt stood at +9.8%. In the other countries, the average annual rates were as follows: Morocco (+0.7% per year) and Nigeria (-3.1% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, rising by 6.3% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by 51% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+2.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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