Africa: Margarine Spread Market 2020

Margarine Spread Market Size in Africa

The revenue of the margarine spread market in Africa amounted to $X in 2017, remaining relatively unchanged against the previous year. The margarine spread consumption continues to indicate a slight descent. The growth pace was the most rapid in 2012, when it surged by X% year-to-year. Over the period under review, the margarine spread market reached its maximum level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Margarine Spread Production in Africa

In 2017, margarine spread production in Africa stood at X tons, rising by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2013, when the output figure increased by X% y-o-y. The volume of margarine spread production peaked in 2017, and is expected to retain its growth in the near future.

Margarine Spread Exports in Africa

In 2017, margarine spread exports in Africa stood at X tons, picking up by X% against the previous year. The total exports indicated a strong increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2010, with an increase of X% against the previous year. The volume of exports peaked of X tons in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, margarine spread exports amounted to $X in 2017. The total exports indicated a prominent increase 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 margarine spread exports decreased by -X% against 2013 indices. The level of exports peaked of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Margarine Spread Exports by Country in Africa

The exports of the three major exporters of margarine and low fat spreads, namely South Africa, Tunisia and Kenya, represented more than two-thirds of total export. It was distantly followed by Ghana (X tons), creating X% share of total exports. Cote d'Ivoire (X tons) and Senegal (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 South Africa (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Tunisia ($X) and Kenya ($X) appeared to be the countries with the highest levels of exports in 2017, with a combined X% share of total exports.

In terms of the main exporting countries , South Africa (+X% per year) recorded the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Margarine Spread Export Prices by Country in Africa

In 2017, the margarine spread export price in Africa amounted to $X per ton, remaining constant against the previous year. The margarine spread export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008, when it surged by X% against the previous year. In that year, the export prices for margarine and low fat spreads reached their peak level of $X per ton. From 2009 to 2017, growth of the export prices for margarine and low fat spreads stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Senegal ($X per ton), while Ghana ($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 South Africa (+X% per year), while the other leaders experienced a decline in the export price figures.

Margarine Spread Imports in Africa

In 2017, the amount of margarine and low fat spreads imported in Africa stood at X tons, growing by X% against the previous year. The margarine spread imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2009, when it surged by X% y-o-y. The volume of imports peaked of X tons in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, margarine spread imports totaled $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations in certain years. The level of imports peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Margarine Spread Imports by Country in Africa

In 2017, Ghana (X tons), distantly followed by Angola (X tons), Guinea (X tons), Nigeria (X tons) and Cameroon (X tons) represented the key importers of margarine and low fat spreads, together creating X% of total imports. The following importers - Libya (X tons), Uganda (X tons), Namibia (X tons), Zimbabwe (X tons), Tanzania (X tons), Congo (X tons) and Zambia (X tons) together made up X% of total imports.

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

In value terms, Ghana ($X), Angola ($X) and Nigeria ($X) were the countries with the highest levels of imports in 2017, together comprising X% of total imports. Libya, Namibia, Guinea, Uganda, Zambia, Cameroon, Zimbabwe, Tanzania and Congo lagged somewhat behind, together accounting for a further X%.

Guinea (+X% per year) recorded the highest growth rate of imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Margarine Spread Import Prices by Country in Africa

The margarine spread import price in Africa stood at $X per ton in 2017, picking up by X% against the previous year. The margarine spread import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, an increase of X% year-to-year. Over the period under review, the import prices for margarine and low fat spreads reached its peak figure level of $X per ton in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Namibia ($X per ton), while Guinea ($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 Ghana (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform