Africa: Ethylene-Vinyl Acetate Copolymers Market 2025

Ethylene-Vinyl Acetate Copolymers Market Size in Africa

In 2022, the African ethylene-vinyl acetate copolymers market increased by 2.5% to $X, rising for the sixth year in a row after three years of decline. The market value increased at an average annual rate of +2.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Ethylene-Vinyl Acetate Copolymers Production in Africa

In value terms, ethylene-vinyl acetate copolymers production contracted slightly to $X in 2022 estimated in export price. In general, production continues to indicate a slight descent. The most prominent rate of growth was recorded in 2014 when the production volume increased by 36%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Ethylene-Vinyl Acetate Copolymers Exports

Exports in Africa

In 2022, overseas shipments of ethylene-vinyl acetate copolymers in primary forms increased by 6.5% to X tons, rising for the second year in a row after three years of decline. In general, exports saw a noticeable expansion. The pace of growth was the most pronounced in 2013 when exports increased by 121% against the previous year. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, ethylene-vinyl acetate copolymers exports expanded rapidly to $X in 2022. Over the period under review, exports showed mild growth. The most prominent rate of growth was recorded in 2013 when exports increased by 104%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The biggest shipments were from Egypt (X tons), Kenya (X tons) and South Africa (X tons), together resulting at 71% of total export. Algeria (X tons) took the next position in the ranking, followed by Swaziland (X tons). All these countries together took near 16% share of total exports. The following exporters - Cote d'Ivoire (X tons) and Sudan (X tons) - each resulted at a 6.5% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Algeria (with a CAGR of +35.8%), while the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X) remains the largest ethylene-vinyl acetate copolymers supplier in Africa, comprising 47% of total exports. The second position in the ranking was held by South Africa ($X), with an 18% share of total exports. It was followed by Kenya, with a 12% share.

In Egypt, ethylene-vinyl acetate copolymers exports increased at an average annual rate of +7.1% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: South Africa (-7.7% per year) and Kenya (+10.3% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, rising by 7.2% against the previous year. In general, the export price, however, continues to indicate a mild descent. The growth pace was the most rapid in 2021 when the export price increased by 26%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 Egypt ($X per ton), while Algeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+8.6%), while the other leaders experienced more modest paces of growth.

Ethylene-Vinyl Acetate Copolymers Imports

Imports in Africa

In 2022, approx. X tons of ethylene-vinyl acetate copolymers in primary forms were imported in Africa; increasing by 7.8% compared with 2021. Overall, imports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2013 when imports increased by 127% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, ethylene-vinyl acetate copolymers imports expanded significantly to $X in 2022. In general, imports enjoyed a resilient increase. The pace of growth was the most pronounced in 2013 when imports increased by 113%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Nigeria (X tons) was the major importer of ethylene-vinyl acetate copolymers in primary forms, creating 30% of total imports. Egypt (X tons) held the second position in the ranking, followed by Tanzania (X tons), Kenya (X tons) and South Africa (X tons). All these countries together took near 36% share of total imports. The following importers - Ethiopia (X tons), Malawi (X tons), Algeria (X tons), Cote d'Ivoire (X tons), Morocco (X tons), Angola (X tons), Ghana (X tons) and Sudan (X tons) - together made up 23% of total imports.

From 2012 to 2022, average annual rates of growth with regard to ethylene-vinyl acetate copolymers imports into Nigeria stood at +10.3%. At the same time, Malawi (+42.4%), Angola (+26.6%), Ghana (+16.7%), Egypt (+9.8%), Kenya (+8.2%), Sudan (+7.3%), Algeria (+4.3%), Morocco (+4.1%), Ethiopia (+3.2%), South Africa (+2.1%) and Tanzania (+1.6%) displayed positive paces of growth. Moreover, Malawi emerged as the fastest-growing importer imported in Africa, with a CAGR of +42.4% from 2012-2022. By contrast, Cote d'Ivoire (-2.7%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Nigeria, Egypt, Malawi and Angola increased by +8.9, +3.7, +3.4 and +2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest ethylene-vinyl acetate copolymers importing markets in Africa were Nigeria ($X), Egypt ($X) and Kenya ($X), with a combined 57% share of total imports. South Africa, Tanzania, Morocco, Ghana, Algeria, Ethiopia, Cote d'Ivoire, Malawi, Angola and Sudan lagged somewhat behind, together accounting for a further 32%.

Malawi, with a CAGR of +37.0%, recorded the highest rates of growth with regard to the value of imports, among 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 2022, the import price in Africa amounted to $X per ton, surging by 4.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The pace of growth appeared the most rapid in 2021 when the import price increased by 30%. Over the period under review, import prices hit record highs 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 Ghana ($X per ton), while Malawi ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (+12.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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