Africa: Medical Gel Preparations Market 2024

Medical Gel Preparations Market Size in Africa

The African medical gel preparations market skyrocketed to $X in 2022, growing by 41% against the previous year. Over the period under review, consumption showed a buoyant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Medical Gel Preparations Production in Africa

In value terms, medical gel preparations production reached $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the production volume increased by 48%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Medical Gel Preparations Exports

Exports in Africa

In 2022, shipments abroad of gel preparations for human or veterinary medicine decreased by -49.4% to X tons, falling for the second consecutive year after two years of growth. In general, exports faced a abrupt setback. The pace of growth appeared the most rapid in 2014 when exports increased by 668%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, medical gel preparations exports reduced rapidly to $X in 2022. Over the period under review, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2014 when exports increased by 206% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

South Africa was the major exporting country with an export of around X tons, which finished at 55% of total exports. Kenya (X tons) held the second position in the ranking, distantly followed by Burkina Faso (X tons) and Egypt (X tons). All these countries together took near 25% share of total exports. Tunisia (X tons), Senegal (X tons), Tanzania (X tons), Togo (X tons), Namibia (X tons) and Botswana (X tons) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to medical gel preparations exports from South Africa stood at -15.9%. At the same time, Burkina Faso (+73.2%), Botswana (+46.3%), Togo (+37.4%), Senegal (+23.9%), Tunisia (+12.7%), Kenya (+8.0%) and Tanzania (+6.1%) displayed positive paces of growth. Moreover, Burkina Faso emerged as the fastest-growing exporter exported in Africa, with a CAGR of +73.2% from 2012-2022. By contrast, Egypt (-6.1%) and Namibia (-11.5%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kenya, Burkina Faso, Tunisia, Senegal, Egypt, Tanzania, Togo and Botswana increased by +12, +5.7, +3.1, +2.6, +2.6, +2.3, +2.2 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest medical gel preparations supplier in Africa, comprising 49% of total exports. The second position in the ranking was taken by Egypt ($X), with a 19% share of total exports. It was followed by Burkina Faso, with a 9.5% share.

In South Africa, medical gel preparations exports contracted by an average annual rate of -12.5% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Egypt (+20.7% per year) and Burkina Faso (+78.5% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, rising by 18% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 113%. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Egypt ($X per ton), while Botswana ($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 (+28.5%), while the other leaders experienced more modest paces of growth.

Medical Gel Preparations Imports

Imports in Africa

In 2022, supplies from abroad of gel preparations for human or veterinary medicine decreased by -6.3% to X tons, falling for the fourth year in a row after three years of growth. Over the period under review, imports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2014 when imports increased by 63%. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, medical gel preparations imports declined slightly to $X in 2022. In general, imports, however, showed a strong increase. The most prominent rate of growth was recorded in 2016 when imports increased by 48% against the previous year. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Algeria (X tons) and Egypt (X tons) represented the major importers of gel preparations for human or veterinary medicine in Africa, together amounting to approx. 40% of total imports. Morocco (X tons) ranks next in terms of the total imports with a 7.1% share, followed by Libya (5.3%), Ghana (5.3%) and Tanzania (4.6%). Kenya (X tons), Nigeria (X tons), South Africa (X tons), Cameroon (X tons), Burkina Faso (X tons), Angola (X tons) and Namibia (X tons) took a relatively small share 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 Cameroon (with a CAGR of +26.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X) constitutes the largest market for imported gel preparations for human or veterinary medicine in Africa, comprising 45% of total imports. The second position in the ranking was held by Morocco ($X), with a 12% share of total imports. It was followed by Algeria, with a 6.8% share.

In Egypt, medical gel preparations imports increased at an average annual rate of +18.6% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Morocco (+5.6% per year) and Algeria (+10.2% per year).

Import Prices by Country

The import price in Africa stood at $X per ton in 2022, with an increase of 2.3% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 47%. The level of import peaked at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (+10.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :