Africa: Heterocyclic Compound Market 2024

Heterocyclic Compound Market Size in Africa

The African heterocyclic compound market declined slightly to $X in 2022, shrinking by X% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Heterocyclic Compound Production in Africa

In value terms, heterocyclic compound production dropped slightly to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Heterocyclic Compound Exports

Exports in Africa

In 2022, exports of heterocyclic compounds in Africa surged to X tons, picking up by X% against the previous year's figure. Over the period under review, exports, however, showed a abrupt downturn. The pace of growth appeared the most rapid in 2020 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, heterocyclic compound exports dropped to $X in 2022. In general, exports, however, showed a abrupt setback. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa dominates exports structure, amounting to X tons, which was near X% of total exports in 2022. It was distantly followed by Benin (X tons), achieving an X% share of total exports. Egypt (X tons) took a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to heterocyclic compound exports from South Africa stood at X%. At the same time, Benin (X%) displayed positive paces of growth. Moreover, Benin emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Egypt (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Africa and Benin increased by X and X percentage points, respectively.

In value terms, South Africa ($X) remains the largest heterocyclic compound supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Benin ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Benin (X% per year) and Egypt (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, falling by X% against the previous year. In general, the export price saw a pronounced downturn. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, 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 Egypt ($X per ton), while Benin ($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 (X%), while the other leaders experienced mixed trends in the export price figures.

Heterocyclic Compound Imports

Imports in Africa

In 2022, approx. X tons of heterocyclic compounds were imported in Africa; shrinking by X% compared with 2021. Total imports indicated slight 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 decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, heterocyclic compound imports rose markedly to $X in 2022. Total imports indicated a slight 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, imports decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2019 when imports increased by X%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

South Africa was the largest importing country with an import of around X tons, which recorded X% of total imports. Egypt (X tons) took the second position in the ranking, followed by Uganda (X tons), Algeria (X tons) and Cote d'Ivoire (X tons). All these countries together took near X% share of total imports. Nigeria (X tons) took a relatively small share of total imports.

Imports into South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Nigeria (X%), Uganda (X%) and Cote d'Ivoire (X%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. Egypt experienced a relatively flat trend pattern. By contrast, Algeria (X%) illustrated a downward trend over the same period. Uganda (X p.p.) and Nigeria (X p.p.) significantly strengthened its position in terms of the total imports, while Egypt and Algeria saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest heterocyclic compound importing markets in Africa were Uganda ($X), Algeria ($X) and South Africa ($X), together accounting for X% of total imports.

Among the main importing countries, Uganda, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Africa stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The level of import peaked at $X per ton in 2019; however, from 2020 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 Algeria ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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