Africa: Glycerol Market 2025

Glycerol Market Size in Africa

The African glycerol market expanded modestly to $X in 2022, surging by X% against the previous year. Over the period under review, consumption enjoyed a strong expansion. The level of consumption peaked in 2022 and is likely to see steady growth in the immediate term.

Glycerol Production in Africa

In value terms, glycerol production expanded to $X in 2022 estimated in export price. Over the period under review, production saw a strong increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Glycerol Exports

Exports in Africa

In 2022, shipments abroad of glycerol increased by X% to X tons, rising for the third year in a row after three years of decline. Total exports indicated a notable expansion from 2012 to 2022: its volume increased at an average annual rate of X% 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 X% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, glycerol exports surged to $X in 2022. Total exports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

South Africa represented the major exporting country with an export of around X tons, which accounted for X% of total exports. Senegal (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Tunisia (X%), Kenya (X%), Zambia (X%) and Algeria (X%). Egypt (X tons) took a little share of total exports.

Exports from South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Tunisia (X%), Algeria (X%), Zambia (X%) and Senegal (X%) displayed positive paces of growth. Moreover, Tunisia emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. Egypt experienced a relatively flat trend pattern. By contrast, Kenya (X%) illustrated a downward trend over the same period. While the share of Tunisia (X p.p.), Senegal (X p.p.), Zambia (X p.p.) and Algeria (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Egypt (X p.p.), Kenya (X p.p.) and South Africa (X p.p.) displayed negative dynamics.

In value terms, South Africa ($X) remains the largest glycerol supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Zambia ($X), with a X% share of total exports. It was followed by Kenya, with an X% share.

In South Africa, glycerol exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Zambia (X% per year) and Kenya (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. 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 South Africa ($X per ton), while Algeria ($X per ton) was amongst the lowest.

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

Glycerol Imports

Imports in Africa

In 2022, overseas purchases of glycerol increased by X% to X tons, rising for the second year in a row after two years of decline. Total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, glycerol imports skyrocketed to $X in 2022. Overall, imports posted a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, South Africa (X tons) and Egypt (X tons) were the main importers of glycerol in Africa, together amounting to near X% of total imports. It was distantly followed by Tanzania (X tons), mixing up a X% share of total imports. The following importers - Nigeria (X tons), Sudan (X tons), Zambia (X tons), Democratic Republic of the Congo (X tons), Kenya (X tons), Morocco (X tons), Cote d'Ivoire (X tons), Ethiopia (X tons), Djibouti (X tons) and Malawi (X tons) - together made up X% of total imports.

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

In value terms, South Africa ($X), Egypt ($X) and Tanzania ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Nigeria, Zambia, Kenya, Malawi, Morocco, Cote d'Ivoire, Ethiopia, Democratic Republic of the Congo, Sudan and Djibouti lagged somewhat behind, together comprising a further X%.

Cote d'Ivoire, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of 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, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 when the import price increased by X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Malawi ($X per ton), while Djibouti ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform