Africa: Liquorice Products Market 2020

Liquorice Products Market Size in Africa

The revenue of the liquorice products market in Africa amounted to $X in 2017, flattening at the previous year. The total market indicated a remarkable expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the liquorice products consumption increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2011, when market value increased by X% y-o-y. Over the period under review, the liquorice products market reached its peak figure level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Liquorice Products Production in Africa

In 2017, the amount of liquorice cakes, blocks, sticks and pastilles produced in Africa totaled X tons, going down by -X% against the previous year. The liquorice products production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016, when it surged by X% y-o-y. Over the period under review, the liquorice products production attained its maximum volume of X tons in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Liquorice Products Exports in Africa

In 2017, approx. X tons of liquorice cakes, blocks, sticks and pastilles were exported in Africa; dropping by -X% against the previous year. The liquorice products exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013, with an increase of X% y-o-y. The volume of exports peaked of X tons in 2016, and then declined slightly in the following year.

In value terms, liquorice products exports amounted to $X in 2017. The total export value increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations over the period under review. In that year, the liquorice products exports attained their peak level of $X. From 2014 to 2017, growth of the liquorice products exports failed to regain its momentum.

Liquorice Products Exports by Country in Africa

In 2017, South Africa (X tons), distantly followed by Kenya (X tons), Morocco (X tons), Egypt (X tons), Swaziland (X tons) and Zambia (X tons) were the largest exporters of liquorice cakes, blocks, sticks and pastilles, together generating X% of total exports. Tunisia (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Morocco (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Egypt ($X) and Kenya ($X) constituted the countries with the highest levels of exports in 2017, with a combined X% share of total exports. Morocco, Swaziland, Zambia and Tunisia lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries , Morocco (+X% per year) experienced the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Liquorice Products Export Prices by Country in Africa

The liquorice products export price in Africa stood at $X per ton in 2017, flattening at the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011, when the export prices increased by X% against the previous year. In that year, the export prices for liquorice cakes, blocks, sticks and pastilles reached their peak level of $X per ton. From 2012 to 2017, growth of the export prices for liquorice cakes, blocks, sticks and pastilles stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Egypt ($X per ton), while Tunisia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Kenya (+X% per year), while the other leaders experienced more modest paces of growth.

Liquorice Products Imports in Africa

In 2017, approx. X tons of liquorice cakes, blocks, sticks and pastilles were imported in Africa; shrinking by -X% against the previous year. The liquorice products imports continue to indicate a temperate drop. The most prominent rate of growth was recorded in 2012, when it surged by X% year-to-year. Over the period under review, the liquorice products imports reached its maximum volume of X tons in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, liquorice products imports amounted to $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the liquorice products imports attained its peak figure level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Liquorice Products Imports by Country in Africa

In 2017, South Africa (X tons), distantly followed by Angola (X tons), Nigeria (X tons), Sudan (X tons) and Ghana (X tons) were the largest importers of liquorice cakes, blocks, sticks and pastilles, together achieving X% of total imports. Algeria (X tons), Uganda (X tons), Cote d'Ivoire (X tons), Namibia (X tons), Morocco (X tons), Rwanda (X tons) and Tanzania (X tons) followed a long way behind the leaders.

Imports into South Africa decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Cote d'Ivoire (+X%), Algeria (+X%), Morocco (+X%), Tanzania (+X%), Uganda (+X%) and Rwanda (+X%) displayed positive paces of growth. Moreover, Cote d'Ivoire emerged as the fastest growing importer in Africa, with a CAGR of +X% from 2007-2017. Ghana and Angola experienced a relatively flat trend pattern. By contrast, Namibia (-X%), Sudan (-X%) and Nigeria (-X%) illustrated a downward trend over the same period. Nigeria (X%), Sudan (X%) and South Africa (X%) significantly strengthened its position in terms of the global imports, while Tanzania, Morocco, Uganda, Algeria and Cote d'Ivoire saw its share reduced by -X%, -X%, -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported liquorice cakes, blocks, sticks and pastilles in Africa, making up X% of global imports. The second position in the ranking was occupied by Algeria ($X), with a X% share of global imports. It was followed by Angola, with a X% share.

In South Africa, liquorice products imports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Algeria (+X% per year) and Angola (+X% per year).

Liquorice Products Import Prices by Country in Africa

In 2017, the liquorice products import price in Africa amounted to $X per ton, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011, when it surged by X% y-o-y. Over the period under review, the import prices for liquorice cakes, blocks, sticks and pastilles attained its maximum level in 2017, and is expected to retain its growth in the near future.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Algeria ($X per ton), while Cote d'Ivoire ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Algeria (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform