Africa: Market for Double Or Complex Silicates 2024

Market Size for Double Or Complex Silicates in Africa

In 2021, the African double or complex silicates market increased by 34% to $X for the first time since 2017, thus ending a three-year declining trend. The market value increased at an average annual rate of +2.3% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Double Or Complex Silicates in Africa

In value terms, double or complex silicates production declined modestly to $X in 2021 estimated in export price. In general, production, however, showed a noticeable decline. The growth pace was the most rapid in 2019 with an increase of 102%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Double Or Complex Silicates

Exports in Africa

In 2021, exports of double or complex silicates in Africa skyrocketed to X tons, surging by 122% against 2020. In general, exports showed a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, double or complex silicates exports soared to $X in 2021. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 504%. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

South Africa was the main exporting country with an export of around X tons, which reached 44% of total exports. It was distantly followed by Senegal (X tons) and Kenya (X tons), together comprising a 49% share of total exports. Zambia (X tons) and Zimbabwe (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Kenya (with a CAGR of +91.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) remains the largest double or complex silicates supplier in Africa, comprising 91% of total exports. The second position in the ranking was taken by Senegal ($X), with a 3.9% share of total exports. It was followed by Kenya, with a 3.6% share.

In South Africa, double or complex silicates exports expanded at an average annual rate of +22.4% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Senegal (+20.5% per year) and Kenya (+78.8% per year).

Export Prices by Country

In 2021, the export price in Africa amounted to $X per ton, surging by 11% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 743%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Senegal (+5.9%), while the other leaders experienced a decline in the export price figures.

Imports of Double Or Complex Silicates

Imports in Africa

In 2021, after two years of decline, there was significant growth in overseas purchases of double or complex silicates, when their volume increased by 108% to X tons. Over the period under review, imports showed buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, double or complex silicates imports skyrocketed to $X in 2021. Total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +9.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of import peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

South Africa was the largest importing country with an import of around X tons, which finished at 55% of total imports. Nigeria (X tons) ranks second in terms of the total imports with a 24% share, followed by Egypt (6.5%). Zambia (X tons), Sudan (X tons), Kenya (X tons) and Morocco (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to double or complex silicates imports into South Africa stood at +32.0%. At the same time, Sudan (+51.0%), Zambia (+14.8%), Nigeria (+14.4%) and Kenya (+5.3%) displayed positive paces of growth. Moreover, Sudan emerged as the fastest-growing importer imported in Africa, with a CAGR of +51.0% from 2012-2021. Egypt experienced a relatively flat trend pattern. By contrast, Morocco (-10.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of South Africa, Nigeria and Sudan increased by +42, +2.4 and +2.2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported double or complex silicates in Africa, comprising 52% of total imports. The second position in the ranking was taken by Nigeria ($X), with a 24% share of total imports. It was followed by Egypt, with an 8.4% share.

From 2012 to 2021, the average annual growth rate of value in South Africa totaled +16.1%. The remaining importing countries recorded the following average annual rates of imports growth: Nigeria (+14.1% per year) and Egypt (-0.9% per year).

Import Prices by Country

In 2021, the import price in Africa amounted to $X per ton, which is down by -33.6% against the previous year. Overall, the import price saw a noticeable shrinkage. The pace of growth was the most pronounced in 2017 when the import price increased by 27% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Egypt ($X per ton), while Kenya ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kenya (+4.3%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :