Africa: Medicaments Containing Hormones Market 2024

Medicaments Containing Hormones Market Size in Africa

The African medicaments containing hormones market reached $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption recorded a buoyant increase. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Medicaments Containing Hormones Production in Africa

In value terms, medicaments containing hormones production reached $X in 2022 estimated in export price. The total production indicated a resilient increase 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, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Medicaments Containing Hormones Exports

Exports in Africa

In 2022, overseas shipments of medicaments containing hormones but not antibiotics increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, exports, however, saw a deep downturn. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, medicaments containing hormones exports rose remarkably to $X in 2022. Over the period under review, exports, however, showed a precipitous descent. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Africa was the largest exporter of medicaments containing hormones but not antibiotics in Africa, with the volume of exports recording X tons, which was near X% of total exports in 2022. Egypt (X tons) held the second position in the ranking, distantly followed by Kenya (X tons). All these countries together took near X% share of total exports. Nigeria (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to medicaments containing hormones exports from South Africa stood at X%. At the same time, Nigeria (X%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Egypt (X%) and Kenya (X%) illustrated a downward trend over the same period. While the share of South Africa (X p.p.), Egypt (X p.p.) and Nigeria (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Kenya (X p.p.) displayed negative dynamics.

In value terms, the largest medicaments containing hormones supplying countries in Africa were South Africa ($X), Egypt ($X) and Nigeria ($X), together comprising X% of total exports.

Among the main exporting countries, Nigeria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, waning by X% against the previous year. In general, the export price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2020 when the export price increased by X%. 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 Nigeria ($X per ton), while South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (X%), while the other leaders experienced a decline in the export price figures.

Medicaments Containing Hormones Imports

Imports in Africa

In 2022, the amount of medicaments containing hormones but not antibiotics imported in Africa skyrocketed to X tons, picking up by X% against the previous year's figure. In general, imports continue to indicate pronounced growth. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, medicaments containing hormones imports reduced to $X in 2022. Overall, imports showed buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

Namibia prevails in imports structure, resulting at X tons, which was approx. X% of total imports in 2022. Zambia (X tons), Nigeria (X tons) and Democratic Republic of the Congo (X tons) followed a long way behind the leaders.

Namibia was also the fastest-growing in terms of the medicaments containing hormones but not antibiotics imports, with a CAGR of X% from 2012 to 2022. At the same time, Nigeria (X%) displayed positive paces of growth. By contrast, Democratic Republic of the Congo (X%) and Zambia (X%) illustrated a downward trend over the same period. Namibia (X p.p.) significantly strengthened its position in terms of the total imports, while Democratic Republic of the Congo and Zambia 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, Namibia ($X) constitutes the largest market for imported medicaments containing hormones but not antibiotics in Africa, comprising X% of total imports. The second position in the ranking was held by Nigeria ($X), with a X% share of total imports. It was followed by Zambia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Namibia totaled X%. In the other countries, the average annual rates were as follows: Nigeria (X% per year) and Zambia (X% per year).

Import Prices by Country

The import price in Africa stood at $X per ton in 2022, falling by X% against the previous year. Import price indicated a modest increase from 2012 to 2022: its price 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, medicaments containing hormones import price decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the import prices remained at a somewhat lower figure.

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 Namibia ($X per ton), while Democratic Republic of the Congo ($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 (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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